Business Stories from May 21, 2020 (Change date)
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AstraZeneca secures orders for virus vaccine under testingMay 21, 2020 1:00 am - LONDON - Drugmaker AstraZeneca said Thursday it had secured its first agreements for 400 million doses of a COVID-19 vaccine it is testing, bolstered by an investment fr...
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Victoria's Secret to close 23% of its North American storesMay 21, 2020 1:00 am - Victoria's Secret said it will close 251 stores in North America by the end of this year. That's roughly 23% of its store fleet. More store closures could happen in the ...
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Lightfoot says city restaurants won't be ready for outdoor dining in MayMay 21, 2020 1:00 am - Chicago Mayor Lori Lightfoot threw cold water on hopes that the city's restaurants might resume outdoor service later this month, a day after the governor said such serv...
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Coronavirus-triggered layoffs in US hit nearly 39 millionMay 21, 2020 1:00 am - WASHINGTON - The number of Americans applying for unemployment benefits in the two months since the coronavirus took hold in the U.S. has swelled to nearly 39 million, t...
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State has spent nearly $240 million on COVID-19 responseMay 21, 2020 1:00 am - In 51 days, Illinois spent almost $240 million on equipment, personnel and other items related to the state's battle against the spread of COVID-19. That's roughly $4.6 ...
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Job market remains grim even as U.S. tentatively reopensMay 21, 2020 1:00 am - WASHINGTON - Signs of renewed activity are surfacing across the country as states gradually reopen economies and some businesses call a portion of their laid-off staffer...
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Home sales fall, but value remains strongMay 21, 2020 1:00 am - DOWNERS GROVE - Sales of detached single family homes in Chicago area fell 14.2 percent in April 2020 compared to April 2019, according to statistics released today by t...
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Despite economic slowdown, developer of Hoffman Estates 'metroburb' remains upbeatMay 21, 2020 1:00 am - The COVID-19 pandemic has had an undeniable impact on the market for office space, but it's one that could equally benefit the forthcoming Bell Works Chicagoland in Hoff...
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Tent rental business waiting for parties to start as restictions easeMay 21, 2020 1:00 am - Summer is the busiest time of year for party supply rentals, but as June approaches Party Plus Events in Palatine is closed and waiting for COVID-19 restrictions to ease...
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Panel: Keeping core values key in keeping culture strong during crisisMay 21, 2020 1:00 am - Business leaders face major challenges during the COVID-19 pandemic, but those who hold true to their company's core values and remain confident and compassionate to the...