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Business Stories from December 31, 2020 (Change date)

Closing prices for crude oil, gold and other commodities

The Associated Press
Dec 31, 2020 6:00 am - Benchmark U.S. crude oil for February delivery rose 12 cents to $48.52 a barrel Thursday. Brent crude oil for March delivery rose 17 cents to $51.80 a barrel. Wholesal...
Hedge fund Alden offers to buy Tribune, valuing it at $521 million

By TALI ARBEL AP Technology Writer
Dec 31, 2020 12:00 am - Hedge fund Alden, Tribune's largest shareholder, has offered to buy the rest of the newspaper publisher at a price that values it at $520.6 million. Alden sent a letter ...
S&P 500, Dow reach for records as a tumultuous 2020 ends

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers
Dec 31, 2020 12:00 am - U.S. stock indexes edged mostly higher in afternoon trading Thursday, inching within striking distance of record highs as investors close the book on a tumultuous year. ...
Auld Lang Syne: New Year brings final UK-EU Brexit split

By JILL LAWLESS Associated Press
Dec 31, 2020 12:00 am - LONDON - Like a separated couple still living together, Britain and the European Union spent 2020 wrangling and wondering whether they can remain friends. On Thursday, t...
Iconic gas station closes in Arlington Heights

By Mark Welsh
Dec 31, 2020 12:00 am - 6 p.m. Thursday marked the end of an era in Arlington Heights, as Grandt's Shell service station closed its doors. Longtime customers, family, friends and Grandt's four...
French traders, EU sound alarm over U.S. tit-for-tat tariffs

Dec 31, 2020 12:00 am - PARIS - French wine exporters warned Thursday that they'll take a billion-euro hit in 2021 from the latest ratcheting-up of punitive tariffs between the United States an...
Nashville bombing spotlights vulnerable voice, data networks

By TALI ARBEL AP Technology Writer
Dec 31, 2020 12:00 am - The Christmas Day bombing in downtown Nashville led to phone and data service outages and disruptions over hundreds of miles in the southern U.S., raising new concerns a...
Some businesses thrived, many lagged during pandemic in 2020

The Associated Press
Dec 31, 2020 12:00 am - By March 23, Apple had lost $435 billion in market value in about five weeks and many of its retail outlets were shut as the virus pandemic walloped the global economy a...

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