Business Stories from August 5, 2020 (Change date)
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Grains mostly higher and livestock mixedAug 05, 2020 3:00 pm - Wheat for Sept. up 2.50 cents at 5.0825 a bushel; Sept. corn gained 2.75 cents at 3.11 a bushel, Sept. oats was up 1.75 cents at $2.7475 a bushel; while Aug. soybeans wa...
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Samsung's new phones test consumer demand for pricey gadgetsAug 05, 2020 2:00 pm - Samsung aims to lift its sinking smartphone sales with three new models that will test consumer willingness to buy high-priced gadgets during the worst economic downturn...
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Services sector index increases to 17-month high in JulyAug 05, 2020 11:01 am - WASHINGTON (AP) - Activity in the services sector, where most Americans work, hit a 17-month high in July but economists fear that may be unsustainable because of the fa...
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FAA: Boeing pressured safety workers at SC aircraft plantAug 05, 2020 5:30 pm - Federal officials are seeking to fine Boeing $1.25 million, saying Wednesday that company managers pressured employees who were designated to perform safety-related work...
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BMW reports loss for 2nd quarter but sees rebound in ChinaAug 05, 2020 1:38 pm - FRANKFURT, Germany (AP) - German automaker BMW lost 212 million euros ($250 million) in the second quarter as the coronavirus pandemic shutdowns cut vehicle sales by a q...
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Fiat Chrysler to recall vehicles that may pollute too muchAug 05, 2020 4:00 pm - DETROIT (AP) - About 1 million Fiat Chrysler vehicles with four-cylinder engines in the U.S. may spew too much pollution, and the company is working with government offi...
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Survey: US companies cut back sharply on hiring in JulyAug 06, 2020 7:01 am - WASHINGTON (AP) - U.S. businesses sharply reduced hiring last month, suggesting that resurgent COVID-19 infections slowed the economic recovery as many states closed par...
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Virgin Australia plans to shed staff under new US ownersAug 05, 2020 1:38 pm - CANBERRA, Australia (AP) - Virgin Australia plans to scale down its operations under new U.S. owners and shed a third of its staff as the carrier adjusts to the pandemic...
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Asian shares mixed as US talks on stimulus still stalledAug 07, 2020 8:07 am - Stocks were mixed in Asia on Thursday despite strong gains overnight on Wall Street, where the rally just kept on rolling. Investors are watching to see if lawmakers wil...
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Grains mostly higher and livestock mixedAug 05, 2020 3:00 pm - Wheat for Sept. up 2.50 cents at 5.0825 a bushel; Sept. corn gained 2.75 cents at 3.11 a bushel, Sept. oats was up 1.75 cents at $2.7475 a bushel; while Aug. soybeans wa...