Business Stories from May 16, 2022 (Change date)
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De-Arching: McDonald's to sell Russia business, exit countryMay 16, 2022 7:00 am - McDonald's is closing its doors in Russia, ending an era of optimism and increasing the country's isolation over its war in Ukraine. The Chicago burger giant confirmed M...
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EXPLAINER: White 'replacement theory' fuels racist attacksMay 16, 2022 7:00 am - NEW YORK (AP) - A racist ideology seeping from the internet's fringes into the mainstream is being investigated as a motivating factor in the supermarket shooting that k...
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Grains higher, Livestock mixedMay 16, 2022 7:00 am - Wheat for Jul. advanced 70 cents at $12.4750 a bushel; Jul. corn gained 28.25 cents at $8.0950 a bushel, Jul. oats rose 21.75 cents at $6.3950 a bushel; while May soybea...
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Official: China's economy reviving as anti-virus curbs easeMay 16, 2022 7:00 am - BEIJING (AP) - China's factory and consumer activity fell even more than expected in April under anti-virus controls, official data showed Monday, but a Cabinet official...
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Musk hints at paying less for Twitter than his $44B offerMay 16, 2022 7:00 am - DETROIT (AP) - Tesla CEO Elon Musk gave the strongest hint yet Monday that he would like to pay less for Twitter than his $44 billion offer made last month. Musk told a ...
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Passenger, cargo trains collide in Spain; 1 killed, 85 hurtMay 16, 2022 7:00 am - MADRID (AP) - A cargo train smashed into a rush-hour passenger train in Catalonia on Monday, killing an engineer and injuring 85 people, Spanish authorities and the regi...
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Fox tries something new by holding release of fall scheduleMay 16, 2022 7:00 am - NEW YORK (AP) - Something was missing Monday when Fox announced its plans for the fall television season - a schedule. Fox Entertainment CEO Charles Collier said that th...
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Ransomware gang threatens to overthrow Costa Rica governmentMay 16, 2022 7:00 am - SAN JOSE, Costa Rica (AP) - A ransomware gang that infiltrated some Costa Rican government computer systems has upped its threat, saying its goal is now to overthrow the...
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Buffett's firm reveals new stakes in Paramount, CitigroupMay 16, 2022 7:00 am - OMAHA, Neb. (AP) - Warren Buffett's company on Monday revealed all the investment moves it made in the first quarter, when it spent more than $51 billion on stocks. But ...
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100-foot journey from dishwasher to executive director for suburban Mexican American manMay 16, 2022 5:00 am - At 16, like most teenagers who want to look cool, Julio Macias was eager to buy a car, for which his Mexican American immigrant parents predictably said he'd have to wor...