Business Stories from June 11, 2020 (Change date)
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Many more likely sought US jobless aid even as layoffs slowJun 11, 2020 7:00 am - WASHINGTON (AP) - The U.S. government is set to issue its latest report Thursday on the layoffs that have left millions unemployed but that have markedly slowed as many ...
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Lufthansa warns 22,000 jobs at risk despite bailoutJun 11, 2020 7:00 am - BERLIN (AP) - German airline Lufthansa says 22,000 full-time jobs may need to be cut worldwide due to the drop in demand for flights caused by the coronavirus pandemic. ...
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US long-term mortgage rates mostly steady; 30-year at 3.21%Jun 11, 2020 7:00 am - WASHINGTON (AP) - Long-term U.S. mortgage rates were mostly steady this week, continuing to hover near all-time lows. Mortgage buyer Freddie Mac reported Thursday that t...
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Companies touting Black Lives Matter face workforce scrutinyJun 11, 2020 7:00 am - SEATTLE (AP) - After hitting the streets to protest racial injustices, Sharon Chuter was disillusioned by the number of corporate brands posting 'œglossy'ť messages spou...
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Spanish award honors Turkish economist wary of globalizationJun 11, 2020 7:00 am - MADRID (AP) - Turkish economist Dani Rodrik, whose studies have warned about the flip side of economic globalization, will be this year's recipient of the Princess of As...
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Peterson Road McDonald's to get a facelift in LibertyvilleJun 11, 2020 5:30 am - It will be awhile, but the 25-year old McDonald's restaurant on the north side of Libertyville will be getting a facelift inside and out. The restaurant at 1417 W. Peter...
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Palatine restaurants, bars allowed longer outdoor hours, live musicJun 11, 2020 1:00 am - Palatine restaurants and bars have gained permission to not only have longer operating hours for outdoor dining and drinking, but also offer live music for patrons. Unde...
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1.5 million more laid-off workers seek unemployment benefitsJun 11, 2020 1:00 am - WASHINGTON - About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, evidence that many Americans are still losing their jobs even as the ec...
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Final tests of some COVID-19 vaccines to start next monthJun 11, 2020 1:00 am - The first experimental COVID-19 vaccine in the U.S. is on track to begin a huge study next month to prove if it really can fend off the coronavirus, while hard-hit Brazi...
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Barnes & Noble opens in SchaumburgJun 11, 2020 1:00 am - SCHAUMBURG — Barnes & Noble is opening a new store as designed by CEO James Daunt in Schaumburg Friday. The newly designed Barnes & Noble will open in Woodfield Village ...