Business Stories from November 16, 2020 (Change date)
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Ex-Harvard coach, father charged in $1.5M admissions scamNov 16, 2020 6:00 am - BOSTON (AP) - The former fencing coach at Harvard and a wealthy Maryland businessman were arrested Monday on accusations that the coach took $1.5 million in bribes in ex...
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Airbnb details years of losses ahead of planned IPONov 16, 2020 6:00 am - Airbnb was losing money even before the pandemic struck and cut its revenue by almost a third, the home-sharing company revealed in documents filed Monday ahead of a pla...
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Woman headed to prison for fraud obtained COVID-relief loanNov 16, 2020 6:00 am - CHICAGO (AP) - An Illinois woman facing incarceration for stealing millions of dollars through her boyfriend's business credit card allegedly obtained a pandemic relief ...
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Tesla will be added to the benchmark S&P 500 index Dec. 21Nov 16, 2020 6:00 am - NEW YORK (AP) - Tesla will be added to the S&P 500 index on Dec. 21. Based on its market value Monday, the electric car maker would be one of the top 10 companies in the...
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Privacy activists in EU file complaints over iPhone trackingNov 16, 2020 6:00 am - BERLIN (AP) - European privacy activists have filed complaints against Apple over its use of software to track the behavior of iPhone users. The Vienna-based group NOYB ...
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Tennessee university tapped to help Music City Grand PrixNov 16, 2020 6:00 am - MURFREESBORO, Tenn. (AP) - When the cars start their engines at the new Music City Grand Prix in Nashville, Tennessee, next August, they will drive a course that was hel...
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Data center in, technology park out in Hoffman EstatesNov 16, 2020 4:30 am - A proposal for an internet data center has replaced the previously planned Hoffman Technology Park for a 53-acre site north of the developing Bell Works Chicagoland "Met...
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Cascade Drive-in could clear a hurdle tonight on reopeningNov 16, 2020 4:30 am - The owner of the Cascade Drive-In movie theater in West Chicago is making progress on plans to reopen, but several hurdles stand in the way of a revival. West Chicago's ...
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Governor's forecasters: Even with spending cuts, taxes must be raised to balance budgetNov 16, 2020 12:00 am - SPRINGFIELD - A new report from the Governor's Office of Management and Budget suggests the state will have to raise taxes on individuals or businesses or both to offset...
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2nd virus vaccine shows overwhelming success in U.S. testsNov 16, 2020 12:00 am - A second experimental COVID-19 vaccine - this one from Moderna Inc. - yielded extraordinarily strong early results Monday, another badly needed dose of hope as the pande...