Business Stories from November 12, 2020 (Change date)
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Asian shares drop amid worries over spreading COVID-19 casesNov 12, 2020 6:00 am - TOKYO (AP) - Asian shares have opened lower as rising cases of coronavirus infections in the U.S., Europe and Asia add to worries that economies will once again be hamst...
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US piles up record October budget deficit of $284.1 billionNov 12, 2020 6:00 am - WASHINGTON (AP) - The U.S. is starting the 2021 budget year the way the old year ended, with soaring deficits. The Treasury Department reported Thursday that the federal...
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Germany sees slightly better tax income, more business aidNov 12, 2020 6:00 am - BERLIN (AP) - The German government's tax income this year is expected to be a bit higher than previously forecast after the economy, Europe's biggest, performed relativ...
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Grains mostly lower and livestock mixedNov 12, 2020 6:00 am - Wheat for Dec. was down 9.75 cents at 5.8825 a bushel; Dec. corn lost 9 cents at 4.0825 a bushel, Dec. oats was off 3.75 cents at $3.00 a bushel; while Nov. soybeans ros...
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Disney posts 4Q loss as parks business, costs drag resultsNov 12, 2020 6:00 am - Walt Disney Co. reported fiscal fourth-quarter loss on Thursday thanks largely to changes related to the COVID-19 pandemic. Its earnings were dragged by costs from restr...
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Correction: Walmart-Automated Delivery storyNov 12, 2020 6:00 am - DETROIT (AP) - In a story November 10, 2020, about Walmart joining with GM's Cruise automated vehicle unit to test package delivery, The Associated Press erroneously rep...
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Asian shares slip on faltering hopes for COVID vaccinesNov 12, 2020 6:00 am - Stocks fell back across Asia on Thursday after gains for big technology shares pushed most Wall Street benchmarks higher. News of potentially effective vaccines for COV...
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709,000 seek US jobless aid as pandemic escalatesNov 12, 2020 6:00 am - WASHINGTON (AP) - The number of people seeking U.S. unemployment benefits fell last week to 709,000, a still-high level but the lowest figure since March and a further s...
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Closing prices for crude oil, gold and other commoditiesNov 12, 2020 6:00 am - Benchmark U.S. crude oil for December delivery fell 33 cents to $41.12 a barrel Thursday. Brent crude oil for January delivery fell 27 cents to $43.53 a barrel. Wholesal...
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State-owned Emirates posts $3.8 billion in half-year lossesNov 12, 2020 6:00 am - DUBAI, United Arab Emirates (AP) - Emirates Group, the owner of the Middle East's biggest carrier, reported Thursday it lost $3.8 billion in the first half of the year, ...