Business Stories from August 25, 2020 (Change date)
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Facebook blocks group that discusses Thai monarchyAug 25, 2020 7:00 am - BANGKOK (AP) - Facebook has blocked in Thailand a group with more than a million members that engages in open discussion about the Thai monarchy, an institution that is ...
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Grains mostly higher and livestock mixedAug 25, 2020 7:00 am - Wheat for Sept. was up 6.50 cents at 5.2725 a bushel; Sept. corn rose 9 cents at 3.4075 a bushel, Sept. oats was off 1.50 cents at $2.7225 a bushel; while Aug. soybeans ...
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Nordstrom's 2Q sales down 53% hurt by pandemic falloutAug 25, 2020 7:00 am - NEW YORK (AP) - Nordstrom Inc. on Tuesday reported a larger-than-expected loss and a 53% drop in sales for its fiscal second quarter, during which the pandemic forced th...
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Australia blocks Kirin's $430M sale of business to ChineseAug 25, 2020 7:00 am - CANBERRA, Australia (AP) - Australia's government announced on Tuesday it proposed to block Kirin Holdings Co.'s 45.6 billion yen ($430 million) sale of its Australian b...
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American Airlines plans 19,000 furloughs, layoffs in OctoberAug 25, 2020 7:00 am - DALLAS (AP) - American Airlines said Tuesday it will cut more than 40,000 jobs, including 19,000 through furloughs and layoffs, in October as it struggles with a sharp d...
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Grains mixed, livestock mixedAug 25, 2020 7:00 am - \CHICAGO (AP) - Grain futures were mixed on Tuesday in early trading on the Chicago Board of Trade. Wheat for Sept. fell .008 cent at $5.2540 a bushel; Sept. corn was up...
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Thai court issues new arrest warrant for Red Bull scionAug 25, 2020 7:00 am - BANGKOK, Thailand (AP) - A Thai court issued a new arrest warrant on Tuesday for an heir to the Red Bull energy drink fortune, a month after news of the dropping of a lo...
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S&P CoreLogic Case-Shiller: US home prices rise 3.5% in JuneAug 25, 2020 7:00 am - WASHINGTON (AP) - U.S. home prices rose at a slightly slower pace in June, but the U.S. housing market continued to show resilience in the face of the coronvavirus pande...
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Bank profits slump 70% as virus rakes businesses, householdsAug 25, 2020 7:00 am - NEW YORK (AP) - The U.S. banking industry's second-quarter profits fell by 70% from a year ago as low interest rates and the economic turmoil of the COVID-19 pandemic we...
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Ex-pharmaceutical company boss faces insider trading chargesAug 25, 2020 7:00 am - NEW YORK (AP) - The former head of a pharmaceutical company was arrested Tuesday in California on insider trading charges, accused of feeding secrets that enabled friend...