Business Stories from April 29, 2020 (Change date)
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Fed signals it will likely hold rates near zero for monthsApr 29, 2020 5:30 pm - WASHINGTON (AP) - The Federal Reserve signaled Wednesday that it will keep its key short-term interest rate near zero for the foreseeable future as part of its extraordi...
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As virus infections dwindle, Hong Kong protests gain steamApr 29, 2020 9:30 pm - 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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Grains mostly higher, livestock mixed.Apr 29, 2020 3:00 pm - Wheat for May fell 7.25 cents at 5.1950 a bushel; May. corn was off 2.75 cents at 3.0450 a bushel, May oats was up .75 cent at $3.0650 a bushel; while May soybeans rose ...
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Smallest businesses get a few hours at head of loan lineMay 01, 2020 8:17 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...
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Asian shares rise on hopes for drug to treat coronavirusApr 29, 2020 11:00 pm - TOKYO (AP) - Asian shares advanced on Thursday, riding a wave of optimism about a possible treatment for the coronavirus that set off a rally on Wall Street powerful eno...
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Q&A: With rock-bottom prices, will the oil industry recover?Apr 29, 2020 9:30 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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US pending home sales sank 20.8% in MarchApr 29, 2020 10:05 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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China's manufacturing weaker in April as virus hurts exportsApr 29, 2020 10:30 pm - BEIJING (AP) - China's manufacturing activity weakened in April as the coronavirus pandemic clobbered global consumer demand, hampering Beijing's efforts to revive the w...
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Daimler: Shift to electric cars non-negotiable despite virusApr 30, 2020 6:07 am - FRANKFURT, Germany (AP) - Germany's Daimler AG, maker of Mercedes-Benz luxury cars, made only a small profit in the first quarter of 2020 as the company shut down factor...
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Facebook revenue growth slows amid the coronavirus pandemicApr 29, 2020 4:30 pm - OAKLAND, Calif. (AP) - Facebook on Tuesday reported its slowest quarterly growth as a public company, pressured by the coronavirus pandemic and a resulting global slowdo...