Business Stories from November 5, 2020 (Change date)
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751,000 seek US jobless benefits as virus hobbles economyNov 05, 2020 6:00 am - WASHINGTON (AP) - The number of Americans seeking unemployment benefits fell slightly last week to 751,000, a still-historically high level that shows that many employer...
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AstraZeneca earnings up 55% driven by sales of cancer drugsNov 05, 2020 6:00 am - LONDON (AP) - AstraZeneca said third-quarter earnings rose 55%, driven by increased sales of cancer treatments despite disruption caused by the COVID-19 pandemic. The An...
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Nintendo's profit soars as pandemic has people playing gamesNov 05, 2020 6:00 am - TOKYO (AP) - Nintendo, the Japanese company behind Super Mario and Pokemon video games, reported Thursday that its fiscal first half profit more than tripled as passed t...
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ESPN announces 300 layoffs, citing 'disruption' amid virusNov 05, 2020 6:00 am - ESPN announced Thursday it is eliminating about 500 jobs worldwide, including about 300 through layoffs. The cuts amount to about 10% of the employees at the sports netw...
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China opens import expo under anti-disease controlsNov 05, 2020 6:00 am - SHANGHAI (AP) - Chinese leaders are conducting an import fair under intensive anti-coronavirus controls in their latest effort to revive the world's No. 2 economy while ...
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US productivity increases 4.9% in third quarterNov 05, 2020 6:00 am - WASHINGTON (AP) - U.S. productivity increased between July and September, but at a slower pace than in the previous quarter. Productivity advanced 4.9% in the third quar...
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Closing prices for crude oil, gold and other commoditiesNov 05, 2020 6:00 am - Benchmark U.S. crude oil for December delivery fell 36 cents to $38.79 a barrel Thursday. Brent crude oil for January delivery fell 30 cents to $40.93 a barrel. Wholesal...
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UK bolsters economic support as England goes into lockdownNov 05, 2020 6:00 am - LONDON (AP) - The British government and the Bank of England joined forces Thursday to provide further support to an economy facing a difficult winter following the impo...
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Uber's food delivery business outshines core rides serviceNov 05, 2020 6:00 am - NEW YORK (AP) - Uber's food delivery business brought in more money during the third quarter than its signature rides business, showing just how much consumer behavior h...
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Asian stocks mixed after Wall Street election gainsNov 05, 2020 6:00 am - BEIJING (AP) - Asian stock markets were mixed Friday after Wall Street rose amid protracted vote-counting following this week's U.S. elections. Tokyo and Sydney advanced...