Business Stories from July 29, 2020 (Change date)
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Asian shares mixed amid dismal earnings, Wall Street slumpJul 29, 2020 7:00 am - 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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US energy use hit 30-year low during pandemic shutdownsJul 29, 2020 7:00 am - 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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Troubles abound, Boeing losses bloom to $2.4 billion in 2QJul 29, 2020 7:00 am - Boeing lost $2.4 billion in the second quarter and the company will slow production and cut more jobs as demand for commercial aircraft shrinks during the coronavirus pa...
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Grains mixed, livestock mixedJul 29, 2020 7:00 am - \CHICAGO (AP) - Grain futures were mixed on Wednesday in early trading on the Chicago Board of Trade. Wheat for Sept. delivery rose 8.60 cents at $5.31 a bushel; Sept. c...
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Asian stocks gain after Fed keep US interest rates lowJul 29, 2020 7:00 am - BEIJING (AP) - Asian stocks advanced Thursday after the U.S. Federal Reserve left interest rates near zero to support a struggling economy. Benchmarks in Shanghai, Tokyo...
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Turkey: Social media law's passage raises censorship worriesJul 29, 2020 7:00 am - ISTANBUL (AP) - Turkey's parliament approved a law early Wednesday that gives authorities greater power to regulate social media despite concerns of growing censorship i...
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Closing prices for crude oil, gold and other commoditiesJul 29, 2020 7:00 am - Benchmark U.S. crude oil for September delivery rose 23 cents to settle at $41.27 a barrel Wednesday. Brent crude oil for September delivery rose 53 cents to $43.75 a ba...
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Train derails on Arizona bridge that collapses, catches fireJul 29, 2020 7:00 am - PHOENIX (AP) - A freight train derailed Wednesday as it traveled on a bridge that spans a man-made lake in a Phoenix suburb, setting the bridge ablaze and partially coll...
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Fed wrestles with its next moves as virus stalls US economyJul 29, 2020 7:00 am - WASHINGTON (AP) - Federal Reserve officials are grappling this week with the timing and scope of their next policy moves at a time when the raging viral pandemic has wea...
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Chateau Marmont to be converted to members-only hotelJul 29, 2020 7:00 am - 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...