Business Stories from December 11, 2020 (Change date)
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Correction: Virus Outbreak-Unemployment Benefits storyDec 11, 2020 6:00 am - WASHINGTON (AP) - In a story December 10, 2020, about slowing economies in the U.S. and Europe, The Associated Press erroneously reported that Montrell McGraw is a membe...
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Visa, Mastercard won't allow charges for services on PornhubDec 11, 2020 6:00 am - NEW YORK (AP) - Mastercard and Visa said Thursday they would block their customers from using the credit cards to make purchases on Pornhub following accusations the por...
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Inflation still a no-show, US wholesale prices up just 0.1%Dec 11, 2020 6:00 am - WASHINGTON (AP) - U.S. wholesale prices edged up just 0.1% in November with the economic disruption from the pandemic continuing to suppress demand and keeping inflation...
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Leading pro-China news channel in Taiwan is taken off airDec 11, 2020 6:00 am - TAIPEI, Taiwan (AP) - Employees and supporters rallied for a Taiwanese pro-China cable news channel as it was taken off air Saturday, after the government refused to ren...
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Drugmaker Viatris to cut up to 20% of workforceDec 11, 2020 6:00 am - A recently formed pharmaceutical spinoff will slash 20% of its workforce as it tries to cut at least $1 billion in costs over the next few years. Viatris Inc. said Frida...
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Building resumes on German-Russian pipeline opposed by USDec 11, 2020 6:00 am - BERLIN (AP) - Construction of a German-Russian pipeline that the United States has vehemently opposed resumed on Friday after nearly a year, the company building the pip...
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Grains mixed, livestock mixedDec 11, 2020 6:00 am - CHICAGO (AP) - Grain futures were mixed on Friday in early trading on the Chicago Board of Trade. Wheat for Mar. advanced .116 cents at $6.016 a bushel; Dec. corn fell ....
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Stocks extend losses as virus aid languishes in CongressDec 11, 2020 6:00 am - U.S. stock indexes pulled further away from their recent highs Friday as prospects for another aid package from Washington faded while a surge in virus cases threatens t...
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Asian stocks mixed after Wall St falls on virus pressureDec 11, 2020 6:00 am - BEIJING (AP) - Asian stock markets were mixed Friday after Wall Street sank following signs damage to the U.S. economy from the coronavirus is worsening while Congress i...
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State lawmakers say insurers are making excess profits during pandemicDec 11, 2020 12:00 am - SPRINGFIELD - Two Democratic lawmakers this week introduced legislation to reduce state payments to the insurance companies that manage Illinois' Medicaid program, argui...