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Business Stories from March 4, 2021 (Change date)

OPEC, Russia send oil price up with deal to contain output

By DAVID McHUGH
Mar 04, 2021 12:30 pm - FRANKFURT, Germany (AP) - Caution about the pandemic took the upper hand Thursday at a meeting of the OPEC oil cartel and allied countries, as they left most of their pr...
US jobless claims tick up to 745,000 as layoffs remain high

By PAUL WISEMAN
Mar 05, 2021 7:33 am - WASHINGTON (AP) - The number of Americans applying for unemployment benefits edged higher last week to 745,000, a sign that many employers continue to cut jobs despite a...
US traffic deaths spike even as pandemic cuts miles traveled

By TOM KRISHER
Mar 04, 2021 12:30 pm - DETROIT (AP) - Pandemic lockdowns and stay-at-home orders kept many drivers off U.S. roads and highways last year. But those who did venture out found open lanes that on...
Amazon opens first UK checkout-free grocery store in London

The Associated Press
Mar 04, 2021 8:00 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...
GM looking to build 2nd US battery factory, Tennessee likely

By TOM KRISHER
Mar 04, 2021 7:00 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...
Japan to extend virus emergency for 2 weeks for Tokyo area

MARI YAMAGUCHI
Mar 04, 2021 7:30 pm - TOKYO (AP) - Japan's government will extend a state of emergency in the Tokyo region for another two weeks because its medical systems are still strained by COVID-19 pat...
Grains higher, livestock lower

The Associated Press
Mar 04, 2021 9:30 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...
US suspends tariffs on UK goods to resolve aircraft dispute

The Associated Press
Mar 04, 2021 1:53 pm - LONDON (AP) - The U.S. agreed Thursday to suspend millions of dollars' worth of tariffs on U.K. exports including Scotch whisky as part of an effort to resolve a long-ru...
Feder: Chicago Star debuts as 'uplifting' monthly newspaper

By Robert Feder
Mar 06, 2021 7:13 am - There's a brand new masthead in town. The Chicago Star officially debuted this week as a subscription-based monthly publication with a focus on "uplifting news," Robert ...

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