Business Stories from June 3, 2020 (Change date)
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Survey: 2.76 million layoffs in May, far fewer than expectedJun 03, 2020 7:00 am - BALTIMORE (AP) - U.S. businesses shed 2.8 million jobs in May, significantly less than the 9.3 million job losses that were expected. The payroll company ADP reported We...
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Zoom, Cheesecake Factory rise; HealthEquity, Ambarella fallJun 03, 2020 7:00 am - NEW YORK (AP) - Stocks that moved heavily or traded substantially on Wednesday: Zoom Video Communications Inc., up $15.79 to $223.87 The video-conferencing company's fir...
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US job losses in May could raise 3-month total to 30 millionJun 03, 2020 7:00 am - WASHINGTON (AP) - The epic damage to America's job market from the viral outbreak will come into sharper focus Friday when the government releases the May employment rep...
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Cinema chain AMC warns it may not survive the pandemicJun 03, 2020 7:00 am - Movie theater chain AMC warned Wednesday that it may not survive the coronavirus pandemic, which has shuttered its theaters and led film studios to explore releasing mor...
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US service sector contracts for second month in MayJun 03, 2020 7:00 am - WASHINGTON (AP) - The U.S. services sector shrank for a second month in May as the coronavirus pandemic triggered shutdowns and layoffs around the country. Activity did ...
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Asia markets mixed after Wall Street rises on better US dataJun 03, 2020 7:00 am - Most Asian stock markets were mixed Thursday after Wall Street gain on surveys showing better U.S. jobs and manufacturing conditions than expected. Benchmarks in Shangha...
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Germany seeks 5-fold increase in offshore wind power by 2040Jun 03, 2020 7:00 am - BERLIN (AP) - The German government wants to increase offshore wind power capacity five-fold by 2040 as part of its plan to wean the country off fossil fuels. The Cabine...
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People harmed by OxyContin have more time to file claimsJun 03, 2020 7:00 am - People injured by the powerful prescription painkiller OxyContin have another 30 days to file legal claims against the manufacturer. A federal bankruptcy judge on Wednes...
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Report finds 21% more COVID nursing home deaths in IndianaJun 03, 2020 7:00 am - INDIANAPOLIS (AP) - Indiana health leaders said they were working Wednesday to determine why a federal report found about 200 more coronavirus-related deaths among the s...
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Scientist defends Sweden's hotly debated virus strategyJun 03, 2020 1:00 am - STOCKHOLM - Sweden's chief epidemiologist on Wednesday defended his country's controversial coronavirus strategy, which avoided a lockdown but resulted in one of the hig...