Business Stories from June 17, 2020 (Change date)
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Hertz suspends plans for $500M stock sale pending SEC reviewJun 17, 2020 7:00 am - Hertz said Wednesday it has put its plans to sell $500 million worth of stock on hold because the offering is being reviewed by the Securities and Exchange Commission. T...
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Families of California wildfire victims slam PG&E for crimesJun 17, 2020 7:00 am - The families of some of the 85 people killed by a horrific Northern California wildfire ignited by Pacific Gas & Electric's long-neglected equipment vilified the company...
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Netflix CEO to donate $120M to historically black collegesJun 17, 2020 7:00 am - Netflix CEO Reed Hastings and his wife, Patty Quillin, are donating $120 million toward student scholarships at historically black colleges and universities. The couple...
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Down Under sets aside historic acrimony in UK trade talksJun 17, 2020 7:00 am - WELLINGTON, New Zealand (AP) - Both Australia and New Zealand announced Wednesday they are starting free-trade talks with the United Kingdom, as each country seeks to re...
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Powell: A stronger job market is key to combating inequalityJun 17, 2020 7:00 am - WASHINGTON (AP) - Federal Reserve Chairman Jerome Powell stressed Tuesday that the federal government's role in strengthening the U.S. market in the face of a recession ...
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Civil rights groups call for 'pause' on Facebook adsJun 17, 2020 7:00 am - Several civil rights and other advocacy groups are calling on large advertisers to stop Facebook ad campaigns during July because they say the social network isn't doing...
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Lawmakers rip FAA for not disclosing documents on Boeing MaxJun 17, 2020 7:00 am - Senators of both parties lashed out at the Federal Aviation Administration on Wednesday, accusing it of stonewalling their attempts to understand how the agency approved...
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Germany's Lufthansa seeks to shore up support for rescueJun 17, 2020 7:00 am - BERLIN (AP) - Germany's Lufthansa is warning that a 9 billion-euro ($10.2 billion) rescue package for the airline group could be in danger because of criticism from a ma...
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Amtrak to cut back on its longer routes because of virusJun 17, 2020 7:00 am - OMAHA, Neb. (AP) - Amtrak will cut service later this year on most of its long-distance routes nationwide to three times a week instead of the current daily service beca...
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Grains lower,livestock mixed.Jun 17, 2020 7:00 am - k\CHICAGO (AP) - Grain futures were lower on Wednesday in early trading on the Chicago Board of Trade. Wheat for July delivery lost 10 cents at $4.9020 a bushel; July co...