Business Stories from August 7, 2020 (Change date)
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Trump moves against Chinese owners of TikTok and WeChat appsAug 07, 2020 7:00 am - NEW YORK (AP) - President Trump is broadly prohibiting unspecified '~transactions' with Chinese owners of TikTok and WeChat via executive order in 45 days. Trump had thr...
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US consumer borrowing up in June after 3 months of declinesAug 07, 2020 7:00 am - WASHINGTON (AP) - The pandemic still has Americans easing off the plastic. U.S. consumer borrowing rose in June after three months of declines but the key category of cr...
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Closing prices for crude oil, gold and other commoditiesAug 07, 2020 7:00 am - Benchmark U.S. crude oil for September delivery fell 73 cents to settle at $41.22 a barrel Friday. Brent crude oil for October delivery fell 69 cents to $44.40 a barrel....
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Q&A: What's up with Trump's orders on TikTok and WeChat?Aug 07, 2020 7:00 am - NEW YORK (AP) - President Donald Trump has ordered sweeping but vague ban on dealings with the Chinese owners of popular apps TikTok and WeChat, saying they are a threat...
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US adds 1.8 million jobs in a sign that hiring has weakenedAug 07, 2020 7:00 am - WASHINGTON (AP) - The United States added 1.8 million jobs in July, a pullback from the gains of May and June and evidence that the resurgent coronavirus is weakening hi...
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Fed official defends slow start to Main Street loan programAug 07, 2020 7:00 am - WASHINGTON (AP) - A top Federal Reserve official on Friday defended the central bank's efforts to launch a Main Street lending program and said the small number of loans...
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Grains lower and livestock mixedAug 07, 2020 7:00 am - 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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Aid for struggling small businesses to start flowingAug 07, 2020 1:00 am - SPRINGFIELD - Financial aid is about to start flowing for Illinois businesses that have been affected by the COVID-19 pandemic. The Department of Commerce and Economic O...
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AGT Global recognized as top women-owned businessAug 07, 2020 1:00 am - GLEN ELLYN - AGT Global Logistics was names a 2020 "Top Woman-Owned Businesses in Transportation." by Redefining the Road magazine, the official magazine of the Women In...
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Wheeling TGI Fridays restaurant closesAug 07, 2020 1:00 am - A TGI Fridays restaurant in Wheeling has closed after 13 years of operation in the Lake-Cook Road corridor. Wheeling's TGI Fridays debuted about a year after other retai...