Business Stories from August 12, 2020 (Change date)
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Stocks rebound on Wall Street, S&P 500 trades above recordAug 12, 2020 5:00 pm - Stocks marched broadly higher on Wall Street Wednesday, briefly nudging the S&P 500 above its all-time closing high set in February, before the coronavirus pandemic led ...
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3 killed in southern India in clashes over Facebook postAug 12, 2020 5:30 am - NEW DELHI (AP) - At least three people were killed in the southern Indian city of Bengaluru when police clashed with hundreds of Muslims who attacked a police station an...
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Closing prices for crude oil, gold and other commoditiesAug 12, 2020 4:00 pm - Benchmark U.S. crude oil for September delivery rose $1.06 to settle at $42.67 a barrel Wednesday. Brent crude oil for October delivery rose 93 cents to $45.43 a barrel....
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Tesla, Liberty Global rise; Red Robin, OneSpan fallAug 12, 2020 4:00 pm - NEW YORK (AP) - Stocks that moved heavily or traded substantially Wednesday. Tesla Inc., up $180.37 to $1,554.76. The electric vehicle maker announced a stock split, inc...
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US budget deficit climbs to record $2.81 trillionAug 12, 2020 5:00 pm - SILVER SPRING, Md. (AP) - The U.S. budget deficit climbed to $2.81 trillion in the first 10 months of the budget year, exceeding any on record, the Treasury Department s...
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'Kicked in the teeth': Devastation mounts from Midwest stormAug 12, 2020 5:00 pm - IOWA CITY, Iowa (AP) - The impact of a wind storm that tore through the Midwest continued to grow Wednesday, as widespread power outages kept businesses closed, limited ...
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Actors and Disney World reach deal after virus testing fightAug 12, 2020 10:30 pm - ORLANDO, Fla. (AP) - Walt Disney World and the union for its actors and singers reached an agreement on Wednesday that will allow them to return to work, more than a mon...
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Lyft's 2Q loss $437M as virus spread and riders stayed homeAug 12, 2020 6:00 pm - NEW YORK (AP) - Lyft posted a loss of $437.1 million during the second quarter, when the coronavirus outbreak led many people to stay home and few were eager to use its ...
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Tribune closing 5 newsrooms including NY Daily NewsAug 12, 2020 4:00 pm - Tribune Publishing Company, which owns some of the most storied newspapers in American journalism, said Wednesday that it is closing the newsrooms at five of them, inclu...
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Microsoft back in the smartphone business with its new DuoAug 12, 2020 9:00 am - Microsoft is back to selling smartphones for the first time since it abandoned its mobile business more than four years ago. The company began taking orders Wednesday fo...
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