Business Stories from November 25, 2020 (Change date)
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Closing prices for crude oil, gold and other commoditiesNov 25, 2020 6:00 am - Benchmark U.S. crude oil for January delivery rose 80 cents to $45.71 a barrel Wednesday. Brent crude oil for January delivery rose 75 cents to $48.61 a barrel. Wholesal...
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Consumer spending up a slight 0.5% as virus maintains gripNov 25, 2020 6:00 am - WASHINGTON (AP) - U.S. consumers increased their spending by a sluggish 0.5% last month, the weakest rise since April, when the pandemic first erupted, and a sign that A...
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US jobless claims rise to 778,000 as pandemic worsensNov 25, 2020 6:00 am - WASHINGTON (AP) - The number of Americans applying for unemployment benefits rose last week to 778,000, evidence that the U.S. economy and job market remain under strain...
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HP, Nordstrom rise; Gap, JPMorgan Chase fallNov 25, 2020 6:00 am - NEW YORK (AP) - Stocks that moved heavily or traded substantially Wednesday: Autodesk, up $12.27 to $271.24 The design software company raised its profit forecast for th...
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Brazilian regulator clears grounded Boeing plane to flyNov 25, 2020 6:00 am - Brazil's aviation regulator has lifted its order that grounded the Boeing 737 Max, clearing the way for the plane to fly again in Latin America's biggest country. The mo...
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US mortgage rates stay at record low 2.72% for 30 yearsNov 25, 2020 6:00 am - WASHINGTON (AP) - U.S. long-term mortgage rates remained at record lows this week as the coronavirus pandemic continues to threaten the economy. Mortgage finance giant F...
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Danish news agency rejects ransom demand after hacker attackNov 25, 2020 6:00 am - COPENHAGEN, Denmark (AP) - Denmark's biggest news agency will stay offline for at least another day following a hacking attack this week and has rejected a ransom deman...
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Penguin to buy Simon & Schuster, create publishing giantNov 25, 2020 6:00 am - BERLIN (AP) - German media giant Bertelsmann said Wednesday that its Penguin Random House division is buying rival Simon & Schuster in a megadeal that would reshape the ...
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The pandemic is changing Hollywood, maybe foreverNov 25, 2020 6:00 am - NEW YORK (AP) - 'œNo New '~Movies' Till Influenza Ends'ť blared a New York Times headline on Oct. 10, 1918, while the deadly second wave of the Spanish Flu was unfolding...
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Grains lower and livestock higherNov 25, 2020 6:00 am - Wheat for Dec. declined 23 cents at 5.8825 a bushel; Dec. corn fell 5.75 cents at 4.20 a bushel, Dec. oats was off 1.75 cents at $2.8575 a bushel; while Jan. soybeans lo...