Business Stories from May 14, 2020 (Change date)
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Stocks trim losses, still on pace for worst week since MarchMay 14, 2020 7:00 am - Stocks are swinging between slight and sharper losses Thursday, as Wall Street's hopes for a relatively quick economic recovery continue to collide with skepticism that ...
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36 million have sought US unemployment aid since virus hitMay 14, 2020 7:00 am - WASHINGTON (AP) - Nearly 3 million laid-off workers applied for U.S. unemployment benefits last week as the viral outbreak led more companies to slash jobs even though m...
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Grains mostly lower,livestock mixed.May 14, 2020 7:00 am - \CHICAGO (AP) - Grain futures were mostly lower Thursday in early trading on the Chicago Board of Trade. Wheat for July delivery was off .01 cent at $5.03 a bushel; May ...
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Head of World Trade Organization to step down earlyMay 14, 2020 7:00 am - GENEVA (AP) - The head of the World Trade Organization said Thursday that he will leave his post a year early, a 'œpersonal decision'ť that sets the stage for a successi...
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Survey: Oil, manufacturing had best luck with pandemic loansMay 14, 2020 7:00 am - Almost 75% of small businesses in a survey applied for help from a federal loan program designed to keep workers employed during the coronavirus pandemic, but only 38% o...
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Pandemic crisis forecast to hit insurers for $200 billionMay 14, 2020 7:00 am - LONDON (AP) - The pandemic will cost the insurance industry over $200 billion, according to Lloyds of London, who estimated that its own payouts are now on a par with th...
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Norway's wealth fund drops big energy, mining firmsMay 14, 2020 7:00 am - COPENHAGEN, Denmark (AP) - Norway's wealth fund, which wants to become one of the most ethical investors in the world, is dropping its investment in several major mining...
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Grains mixed,livestock mixedMay 14, 2020 7:00 am - Wheat for July was up .25 cent at 5.0225 a bushel; July corn fell .75 cent at 3.1750 a bushel, July oats was off .50 cent at $3.05 a bushel; while May soybeans was up 1 ...
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Trump administration ease rules limiting truck driver hoursMay 14, 2020 7:00 am - The Trump administration eased rules Thursday that limit working hours for truck drivers, and the changes brought immediate protests from labor and safety groups. The Fe...
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Craft brewers upended by COVID-19 closure of tap rooms, barsMay 14, 2020 7:00 am - MARSHFIELD, Vt. (AP) - Sales of wine, spirits and other alcoholic beverages have risen during the coronavirus pandemic like foam in a freshly poured glass of beer. Just...