Business Stories from February 22, 2021 (Change date)
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Goodyear acquires Cooper in all-American tire dealFeb 23, 2021 1:47 pm - Two of the biggest remaining American tire companies are joining forces. Goodyear Tire & Rubber Co. is acquiring Cooper in a deal with an equity value of $2.8 billion th...
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Colleges to house new center that trains Black entrepreneursFeb 22, 2021 8:00 am - CHICAGO (AP) - A new center for training Black entrepreneurs will be opening in Atlanta as part of a collaboration announced Monday between Spelman College, Morehouse Co...
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EXPLAINER: Why a plane's engine exploded over DenverFeb 22, 2021 8:00 pm - The investigation into an engine explosion on a jetliner taking off from Denver is focusing on a fan blade that appeared to be weakened by wear and tear, a development r...
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Chinese loans to Latin America plunge as virus strains tiesFeb 21, 2021 10:30 pm - MIAMI (AP) - It seemed like a match made in finance heaven. In 2010, China, its economy roaring and state companies looking to expand globally, set its eyes on Latin Am...
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Cherokee chief: Time for Jeep to end use of tribe's nameFeb 24, 2021 1:57 pm - TAHLEQUAH, Okla. (AP) - It is time for Jeep to stop using the Cherokee Nation's name on its Cherokee and Grand Cherokee SUVs, the chief of the Oklahoma-based tribe said....
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Goodyear Tire, Discovery rise; Ebix, Petrobras fallFeb 22, 2021 2:30 pm - NEW YORK (AP) - Stocks that traded heavily or had substantial price changes Monday: People's United Financial Inc., up $2.34 to $18.02. M&T Bank is buying the regional b...
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FAA orders United to inspect Boeing 777s after emergencyFeb 22, 2021 7:31 am - Federal aviation regulators have ordered United Airlines to step up inspections of all Boeing 777s equipped with the type of engine that suffered a catastrophic failure ...
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Moet Hennessy buys 50% stake in Jay-Z's Champagne brandFeb 22, 2021 3:00 pm - Moet Hennessy is acquiring a 50% stake in rapper and entrepreneur Jay-Z's Champagne brand in an effort to up its cool factor and expand distribution. Terms of the deal, ...
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Closing prices for crude oil, gold and other commoditiesFeb 22, 2021 2:00 pm - Benchmark U.S. crude oil for March delivery rose $2.25 to $61.49 a barrel Monday. Brent crude oil for April delivery rose $2.33 to $65.24 a barrel. Wholesale gasoline fo...
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M&T Bank buying People's United in $7.6B all-stock dealFeb 22, 2021 6:00 am - M&T Bank Corp. is buying People's United Financial Inc. in an all-stock deal valued at about $7.6 billion. Branches of the two regional banks are sprinkled throughout th...