Business Stories from August 12, 2020 (Change date)
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Microsoft back in the smartphone business with its new DuoAug 12, 2020 7:00 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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US budget deficit climbs to record $2.81 trillionAug 12, 2020 7:00 am - 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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Grains mostly lower, livestock mixedAug 12, 2020 7:00 am - \CHICAGO (AP) - Grain futures were mostly lower on Wednesday in early trading on the Chicago Board of Trade. Wheat for Sept. fell 3 cents at $4.9320 a bushel; Sept. corn...
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Turkish ship starts energy search; Greece issues warningsAug 12, 2020 7:00 am - ANKARA, Turkey (AP) - A Turkish research vessel has begun surveying for energy resources in contested areas of the eastern Mediterranean, Turkey's energy minister said W...
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Tesla, Liberty Global rise; Red Robin, OneSpan fallAug 12, 2020 7:00 am - 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 consumer prices rose 0.6% in July, matching June uptickAug 12, 2020 7:00 am - WASHINGTON (AP) - U.S. consumer prices jumped 0.6% in July as gasoline prices continued to rise. The Labor Department reported Wednesday that the increase last month in ...
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Tribune closing 5 newsrooms including NY Daily NewsAug 12, 2020 7:00 am - 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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UK records deepest recession among top economiesAug 12, 2020 7:00 am - LONDON (AP) - Britain has suffered the deepest recession among the world's top economies this year, shrinking by a fifth in the second quarter alone when much of the eco...
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Grains mostly higher and livestock mixedAug 12, 2020 7:00 am - Wheat for Sept. fell 3.75 cents at 4.95 a bushel; Sept. corn rose 3 cents at 3.1450 a bushel, Sept. oats was up 1.25 cents at $2.65 a bushel; while Aug. soybeans advance...
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Environmental group says Indiana mill exceeds toxicity capAug 12, 2020 7:00 am - PORTAGE, Ind. (AP) - An environmental group that sued a steelmaker in December for allegedly violating the Clean Water Act at its northwestern Indiana facility says the ...