Business Stories from June 4, 2020 (Change date)
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JC Penney closing 154 stores in first post-bankruptcy phaseJun 04, 2020 7:00 am - NEW YORK (AP) - J.C. Penney said Thursday that it will start closing 154 of its stores next week in what it is calling the first phase of its efforts to shrink its footp...
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Soccer club Tottenham among firms to tap virus loan schemeJun 04, 2020 7:00 am - LONDON (AP) - British Airways, Marks & Spencer and even Premier League soccer club Tottenham Hotspur are among 53 big companies to take advantage of a special coronaviru...
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China easing airline access amid conflict with WashingtonJun 04, 2020 7:00 am - BEIJING (AP) - Chinese regulators said Thursday more foreign airlines will be allowed to fly to China as anti-coronavirus controls ease, but it was unclear whether the c...
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1.9 million seek jobless aid even as reopenings slow layoffsJun 04, 2020 7:00 am - WASHINGTON (AP) - Nearly 1.9 million people applied for U.S. unemployment benefits last week, evidence that many employers are still cutting jobs even as the gradual reo...
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U.S. trade gap rises to $49.4 billion in AprilJun 04, 2020 7:00 am - WASHINGTON (AP) - The U.S. trade deficit hit the highest level in eight months in April. Exports and imports both posted record monthly drops as the coronavirus pandemic...
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US productivity falls at 0.9% rate in first quarterJun 04, 2020 7:00 am - WASHINGTON (AP) - U.S. productivity fell at a 0.9% rate in the first three months of this year, a smaller decline than first estimated, while labor costs rose at a sligh...
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Grains higher,livestock mixedJun 04, 2020 7:00 am - Wheat for Jul. gained 11.74 cents at 5.2375 a bushel; Jul. corn was up 5 cents at 3.29 a bushel, Jul. oats advanced 13.75 cents at $3.3175 a bushel; while Jul. soybeans ...
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Germany, France hope cloud data project to boost sovereigntyJun 04, 2020 7:00 am - BERLIN (AP) - Germany and France on Thursday launched a project to set up a European cloud computing platform that they hope will enhance European economic sovereignty i...
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Indiana State Fair called off over coronavirus worriesJun 04, 2020 7:00 am - INDIANAPOLIS (AP) - This summer's Indiana State Fair has been called off because of concerns over the coronavirus, organizers announced Thursday. Indiana had about 24,00...
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Grains higher,livestock mixed.Jun 04, 2020 7:00 am - \CHICAGO (AP) - Grain futures were higher on Thursday in early trading on the Chicago Board of Trade. Wheat for July delivery was up 3.60 cents at $5.1820 a bushel; July...