Business Stories from March 4, 2021 (Change date)
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Closing prices for crude oil, gold and other commoditiesMar 04, 2021 6:00 am - Benchmark U.S. crude oil for April delivery rose $2.55 to $63.83 a barrel Thursday. Brent crude oil for May delivery rose $2.67 to $66.74 a barrel. Wholesale gasoline fo...
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GM looking to build 2nd US battery factory, Tennessee likelyMar 04, 2021 6:00 am - DETROIT (AP) - General Motors says it's looking for a site to build a second U.S. battery factory with joint venture partner LG Chem of Korea. The companies hope to have...
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Grains higher, livestock lowerMar 04, 2021 6:00 am - CHICAGO (AP) - Grain futures were higher on Thursday in early trading on the Chicago Board of Trade. Wheat for Mar. was 1 cent at $6.4875 a bushel; Mar. corn rose 1.50 c...
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Square, Inc. to buy majority of Tidal and put Jay-Z on boardMar 04, 2021 6:00 am - SAN FRANCISCO (AP) - Financial technology company Square, Inc. said Thursday that it has reached an agreement to acquire majority ownership of Tidal, the music streaming...
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EXPLAINER: Why rising rates are unsettling Wall StreetMar 04, 2021 6:00 am - NEW YORK (AP) - Interest rates keep marching higher, and Wall Street keeps shaking because of it. The yield on the 10-year Treasury climbed back above 1.50% Thursday, pr...
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Amazon opens first UK checkout-free grocery store in LondonMar 04, 2021 6:00 am - LONDON (AP) - Amazon has opened a cashier-free supermarket in London, its first bricks and mortar expansion outside the U.S. as the company bets on strong demand for its...
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US mortgage rates steady to higher; 30-year at 3.02%Mar 04, 2021 6:00 am - WASHINGTON (AP) - U.S. long-term mortgage rates were steady to higher this week, as the benchmark 30-year loan breached the 3% mark for the first time since July 2020. R...
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Thailand probes Facebook's removal of army-linked accountsMar 04, 2021 6:00 am - BANGKOK (AP) - Thailand's Prime Minister Prayuth Chan-ocha says he has assigned the Royal Thai Army to investigate after Facebook Inc. removed 185 accounts and groups al...
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South Korea economy shrank in 2020 for 1st time in 22 yearsMar 04, 2021 6:00 am - SEOUL, South Korea (AP) - South Korea's central bank says the country's economy shrank for the first time in 22 years in 2020 as the coronavirus pandemic destroyed servi...
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Costco 4Q profits rise, helped by pandemic shopping habitsMar 04, 2021 6:00 am - ISSAQUAH, Wash. (AP) - Warehouse retail chain Costco Wholesale said its fourth-quarter profits rose slightly from a year ago, its profits weighed by wage premiums paid t...