Business Stories from October 12, 2020 (Change date)
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UK sheep farmer jailed for contaminated baby food plotOct 12, 2020 7:00 am - LONDON (AP) - A sheep farmer was sentenced to 14 years in prison Monday for his plot to use baby food laced with metal shards to blackmail one of Britain's biggest super...
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Facebook bans Holocaust denial, distortion postsOct 12, 2020 7:00 am - Facebook is banning posts that deny or distort the Holocaust and will start directing people to authoritative sources if they search for information about the Nazi genoc...
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EU plans big building renovation project to save energyOct 12, 2020 7:00 am - BRUSSELS (AP) - The European Union is announcing a major building renovation project this week seeking to cut down energy costs and polluting emissions while providing a...
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Stocks are soaring, and most Black people are missing outOct 12, 2020 7:00 am - NEW YORK (AP) - Americans who own stocks are pulling further away from those who don't, as Wall Street roars back to record heights while much of the economy struggles. ...
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Global watchdog proposes tax overhaul for Big TechOct 12, 2020 7:00 am - LONDON (AP) - A global economic watchdog on Monday proposed an overhaul of international tax rules to make sure big tech companies pay their dues, and warned that failur...
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Bank of England asks banks on readiness for negative ratesOct 12, 2020 7:00 am - LONDON (AP) - The Bank of England has asked commercial banks whether they are ready for negative interest rates, signaling that the central bank is moving closer to cutt...
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Closing prices for crude oil, gold and other commoditiesOct 12, 2020 7:00 am - Benchmark U.S. crude oil for November delivery fell $1.17 to $39.43 a barrel Monday. Brent crude oil for December delivery fell $1.13 to $41.72 a barrel. Wholesale gasol...
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British Airways CEO replaced as company fights for survivalOct 12, 2020 7:00 am - LONDON (AP) - British Airways has replaced CEO Alex Cruz after 4 1/2 years on the job as part of a broad shake-up as the COVID-19 pandemic pummels airlines around the wo...
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Grains mostly lower livestock mixedOct 12, 2020 7:00 am - Wheat for Dec. was up .50 cent at 5.9425 a bushel; Dec. corn was off 6 cents at 3.89 a bushel, Dec. oats was fell 8.75 cents at $2.8350 a bushel; while Nov. soybeans dec...
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Twilio buys Segment for $3.2B as demand for cloud tech boomsOct 12, 2020 7:00 am - SAN FRANCISCO (AP) - Twilio is buying customer data start-up Segment in a stock deal valued at about $3.2 billion as demand for cloud technology surges during the pandem...