Business Stories from July 29, 2020 (Change date)
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US energy use hit 30-year low during pandemic shutdownsJul 29, 2020 4:31 pm - BILLINGS, Mont. (AP) - U.S. energy consumption plummeted to its lowest level in more than 30 years this spring as the nation's economy largely shut down because of the c...
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Hong Kong economy contracts 9% in latest quarterJul 29, 2020 6:00 am - HONG KONG (AP) - Hong Kong's economy shrank by 9% from a year earlier in the latest quarter, hurt by the coronavirus pandemic and facing more potential damage from the l...
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Plant closings send GM to 2Q loss, but signs of improvementJul 29, 2020 2:31 pm - DETROIT (AP) - Even though General Motors was able to reopen its U.S. factories for the last half of the second quarter, the company still lost $806 million from April t...
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UK urged to refine quarantine plans after Spain criticismJul 29, 2020 10:30 am - LONDON (AP) - The British government came under renewed pressure Wednesday to refine its travel policies following criticism of its sudden decision to remove Spain from ...
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AMD, L Brands rise; Boeing, Six Flags fallJul 29, 2020 3:30 pm - NEW YORK (AP) - Stocks that moved heavily or traded substantially on Wednesday: Advanced Micro Devices Inc., up $8.48 to $76.09. The chip maker reported an even bigger j...
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South Korea-Japan trade fight moves to global dispute panelJul 29, 2020 9:30 am - GENEVA (AP) - World Trade Organization members on Wednesday created a dispute panel to rule on a complaint by South Korea against Japan over restrictions on exports to K...
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Trump dismisses virus aid for cities, lashes out at GOPJul 29, 2020 2:01 pm - WASHINGTON (AP) - President Donald Trump on Wednesday dismissed Democratic demands to include aid for cash-strapped cities in a new coronavirus relief package and lashed...
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US jabs Russia over claim of spreading virus disinformationJul 29, 2020 3:01 pm - MOSCOW (AP) - U.S. officials say Russian intelligence officers are spreading disinformation about the coronavirus pandemic through English-language websites, trying to e...
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Asian shares mixed amid dismal earnings, Wall Street slumpJul 28, 2020 11:30 pm - TOKYO (AP) - Asian shares were mixed Wednesday as reports of dismal company earnings add to pessimism over the widespread economic fallout from the coronavirus pandemic....
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Chateau Marmont to be converted to members-only hotelJul 29, 2020 2:31 pm - LOS ANGELES (AP) - The Chateau Marmont, a Hollywood hotspot and hangout for nearly a century, will be converted into a members-only hotel over the next year, according t...