Business Stories from April 29, 2020 (Change date)
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Brinker, Gilead rise; Hasbro, Akamai Technologies fallApr 29, 2020 7:00 am - NEW YORK (AP) - Stocks that moved heavily or traded substantially on Wednesday: Brinker International Inc., up $5.70 to $24.84. The owner of Chili's Grill & Bar and Magg...
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Samsung expects profit decline as pandemic hits salesApr 29, 2020 7:00 am - SEOUL, South Korea (AP) - Samsung Electronics Co. said Wednesday its operating profit for the first three months of 2020 rose 3.4% from a year earlier driven by increasi...
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Coalition pushes for pot tax break amid coronavirus crisisApr 29, 2020 7:00 am - LOS ANGELES (AP) - A coalition of marijuana companies, churches and advocacy groups is asking California Gov. Gavin Newsom for a temporary cut in the state's hefty pot t...
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US pending home sales sank 20.8% in MarchApr 29, 2020 7:00 am - BALTIMORE (AP) - U.S. home sales showed signs of collapsing in March, as the number of contract signs plunged sharply because of the coronavirus outbreak. The National A...
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Q&A: With rock-bottom prices, will the oil industry recover?Apr 29, 2020 7:00 am - NEW YORK (AP) - With a barrel of crude oil costing less than a New York pizza, many U.S. shale producers are being pushed to the brink of bankruptcy and experts are wond...
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As virus infections dwindle, Hong Kong protests gain steamApr 29, 2020 7:00 am - HONG KONG (AP) - Demonstrators chanted pro-democracy slogans in a luxury mall in Hong Kong on Wednesday, the latest in a string of small but determined protests as the c...
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Microsoft's cloud business helps offset pandemic woesApr 29, 2020 7:00 am - Ongoing demand for Microsoft's cloud computing services help softened the blow of the coronavirus pandemic on the software giant's other products during the first three ...
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Boeing to cut 10% of work force as 1Q revenue, profit slideApr 29, 2020 7:00 am - Boeing outlined plans Wednesday to cut 10% of its workforce, slow production of new planes and raise more cash to survive a downturn in business that started with the gr...
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Airbus says virus aviation crisis still at 'early stage'Apr 29, 2020 7:00 am - PARIS (AP) - Airbus says the aviation industry's unprecedented troubles are just beginning. The European manufacturing giant reported 481 million euros ($515 million) in...
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Smallest businesses get a few hours at head of loan lineApr 29, 2020 7:00 am - NEW YORK (AP) - The smallest companies seeking coronavirus relief loans were moving to the head of the line Wednesday after the Small Business Administration said that f...