Business Stories from August 27, 2020 (Change date)
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Walmart joins Microsoft in bid for video app TikTokAug 27, 2020 6:31 pm - Walmart is the latest company to want a piece of TikTok, the popular Chinese-owned video app that has come under fire from the Trump administration. The world's largest...
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Ex-UAW president charged with corruption in federal probeAug 27, 2020 1:58 pm - DETROIT (AP) - A former president of the United Auto Workers union was charged with corruption Thursday, accused of conspiring with his successor and others to embezzle ...
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Grains higher and livestock mixedAug 27, 2020 3:30 pm - Wheat for Sept. rose 10.50 cents at 5.4250 a bushel; Sept. corn was up 3.75 cents at 3.4425 a bushel, Sept. oats gained 6.50 cents at $2.6925 a bushel; while Aug. soybea...
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More than 1 million Americans applied for jobless benefitsAug 31, 2020 9:12 am - WASHINGTON (AP) - Just over 1 million Americans applied for unemployment benefits last week, a sign that the coronavirus outbreak continues to threaten jobs even as the ...
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Grains higher and livestock mixedAug 27, 2020 3:30 pm - Wheat for Sept. rose 10.50 cents at 5.4250 a bushel; Sept. corn was up 3.75 cents at 3.4425 a bushel, Sept. oats gained 6.50 cents at $2.6925 a bushel; while Aug. soybea...
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Fed: Rates to stay ultra-low even after inflation picks upAug 28, 2020 2:23 pm - WASHINGTON (AP) - The Federal Reserve announced a significant change Thursday in how it manages interest rates by saying it plans to keep rates near zero even after infl...
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Trolls flood social media in Pakistan amid virus lockdownAug 27, 2020 1:31 pm - ISLAMABAD (AP) - It was a music video meant to depict a young bride's joy: Actress Saba Qamar, in a flowing white wedding gown with a golden hem, was twirled by the sing...
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U.S. economy plunged an annualized 31.7% in second quarterAug 27, 2020 8:31 am - BALTIMORE (AP) - The U.S. economy shrank at an alarming annual rate of 31.7% during the April-June quarter as it struggled under the weight of the viral pandemic, the g...
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Gartner honors Simplify Healthcare in reportSep 01, 2020 8:37 am - AURORA - Simplify Healthcare, a health care technology enterprise solutions and services provider, has been recognized in the Gartner "Hype Cycle for U.S. Healthcare Pay...
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Exelon vows to shut down Byron, Dresden nuclear plantsAug 31, 2020 9:12 am - Exelon said Thursday it will close its Byron and Dresden nuclear power plants in fall 2021 unless it gets a change in state law, a demand that will be intensely scrutini...