Business Stories from May 5, 2020 (Change date)
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In push for normalcy, industries, nations test the watersMay 05, 2020 11:01 am - The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to the global economy, the w...
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Where's my check? Answers to common relief payment questionsMay 05, 2020 8:48 pm - The US government has distributed about 130 million economic impact payments to taxpayers in less than 30 days. The IRS anticipates sending more than 150 million payment...
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Chegg, Tenet rise; Norwegian Cruise Line, WestRock fallMay 05, 2020 4:01 pm - NEW YORK (AP) - Stocks that moved heavily or traded substantially on Tuesday: Portola Pharmaceuticals Inc., up $10.09 to $17.85. The biotechnology company is being bough...
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Asian shares advance following rebound on Wall StreetMay 04, 2020 11:30 pm - BANGKOK (AP) - Shares advanced in Asia early Tuesday after Wall Street shook off a weak start and ended with modest gains thanks to another solid showing from big techno...
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Closing prices for crude oil, gold and other commoditiesMay 05, 2020 3:00 pm - Benchmark U.S. crude oil rose $4.17, or 20.5% to settle at $24.56 a barrel Tuesday. Brent crude oil, the international standard, rose $3.77, or 13.9% to $30.97 a barrel....
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11 attorneys general seek probe into meatpacking industryMay 05, 2020 5:00 pm - BELLE PLAINE, Kan. (AP) - The attorneys general for 11 Midwestern states urged the Justice Department on Tuesday to pursue a federal investigation into market concentrat...
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US service sector shrinks; first time since Great RecessionMay 05, 2020 11:30 am - WASHINGTON (AP) - The U.S. service sector shrank for the first time in a decade last month as the pandemic forced shutdowns and layoffs nationwide. The Institute for Sup...
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Leading TV network goes off air under Philippine gov't orderMay 05, 2020 11:05 pm - MANILA, Philippines (AP) - The leading broadcast network in the Philippines went off the air under government order Tuesday, sparking shock over the loss of a major news...
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Where's the beef? Production shutdown leads to shortagesMay 05, 2020 6:30 pm - The effects of the coronavirus pandemic have moved beyond meat processing plants and are now hitting dinner plates. Several U.S. production plants have been temporarily ...
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Junk hauler adjusts business to pandemicMay 07, 2020 12:15 pm - Sarah Mawhorr has been hauling junk, mostly unwanted furniture that must be cleared from houses before a real estate closing, for just over a year. Spring is generally ...