Business Stories from August 6, 2020 (Change date)
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Bank of England holds off more stimulus, sees slow recoveryAug 06, 2020 3:01 am - LONDON (AP) - The Bank of England left its benchmark interest rate at a record low of 0.1% on Thursday as it expressed caution about how rapidly the United Kingdom's eco...
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New York attorney general seeks to dissolve NRAAug 06, 2020 5:05 pm - NEW YORK (AP) - New York's attorney general sued the National Rifle Association on Thursday, seeking to put the powerful gun advocacy organization out of business over c...
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Toyota's profit plunges as pandemic halves vehicle salesAug 06, 2020 2:01 am - TOKYO (AP) - Toyota's profit plunged 74% in the last quarter as the coronavirus pandemic sank vehicle sales to about half of what the top Japanese automaker sold the pre...
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Grains mostly lower and livestock mixedAug 06, 2020 3:00 pm - Wheat for Sept. lost 9.50 cents at 5.0125 a bushel; Sept. corn was up .25 cent at 3.1125 a bushel, Sept. oats was off .25 cent at $2.7450 a bushel; while Aug. soybeans f...
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Uber lost $1.8B in 2Q as riders stayed home and ordered inAug 06, 2020 6:00 pm - NEW YORK (AP) - Uber lost $1.78 billion in the second quarter as the pandemic carved a gaping hole in its ride-hailing business, with millions of people staying home to ...
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US average mortgage rates fall; 30-year loan at 2.88%Aug 06, 2020 11:00 am - WASHINGTON (AP) - U.S. average rates on long-term mortgages fell this week, pushing the key 30-year loan to a record low for the eighth time this year. Mortgage buyer F...
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Fed's Main Street pandemic support program off to slow startAug 10, 2020 8:18 am - WASHINGTON (AP) - The Federal Reserve says that its Main Street Lending Program designed to help small and medium-sized companies get through the pandemic has managed to...
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Grains mostly higher, livestock higherAug 06, 2020 10:00 am - \CHICAGO (AP) - Grain futures were mostly higher on Thursday in early trading on the Chicago Board of Trade. Wheat for Sept. delivery was off .20 cents at $5.0640 a bush...
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Nintendo profit zooms as virus has homebodies playing gamesAug 06, 2020 4:30 am - TOKYO (AP) - Nintendo Co.'s profit multiplied more than sixfold in April-June as people stuck at home during the pandemic turned to playing video games. The Japanese ma...
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1.2 million seek jobless aid after $600 federal check endsAug 10, 2020 6:47 am - WASHINGTON (AP) - Nearly 1.2 million laid-off Americans applied for state unemployment benefits last week, evidence that the coronavirus keeps forcing companies to slash...