Business Stories from September 15, 2022 (Change date)
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FedEx to close stores, put off hiring as demand slumpsSep 15, 2022 7:00 am - FedEx said Thursday it is shuttering storefronts and corporate offices while putting off new hires in a belt-tightening drive brought on by drop-off in its global packag...
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From carmakers to refiners, industries brace for rail strikeSep 15, 2022 7:00 am - Car buyers might not get the vehicle they want on time, commuter rail lines could see service disrupted, and shipments from everything from oil to livestock feed could b...
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State Farm, Mississippi settle lawsuit over Katrina paymentsSep 15, 2022 7:00 am - BILOXI, Miss. (AP) - Mississippi has quietly settled its lawsuit against State Farm Fire and Casualty Co. for allegedly minimizing its Hurricane Katrina payments to poli...
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Asian shares mostly higher after wobbly gains on Wall StSep 15, 2022 7:00 am - Shares were mostly higher in Asia on Thursday after a wobbly day of trading yielded modest gains on Wall Street. U.S. futures inched up while oil prices were mixed. Sha...
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Shell CEO to step down as oil giant looks to climate goalsSep 15, 2022 7:00 am - LONDON (AP) - Shell CEO Ben van Beurden is stepping down at the end of 2022 after nine years in charge, the energy giant said Thursday, a change that comes as oil and na...
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Closing prices for crude oil, gold and other commoditiesSep 15, 2022 7:00 am - Benchmark U.S. crude oil for October delivery fell $3.38 to $85.10 a barrel Thursday. Brent crude for November delivery fell $3.26 to $90.84 a barrel. Wholesale gasolin...
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Grains mostly lower, Livestock mixedSep 15, 2022 7:00 am - CHICAGO (AP) - Grain futures were mostly lower Thursday in early trading on the Chicago Board of Trade. Wheat for Dec. was up 3.25 cents at $8.6775 a bushel; Dec. corn w...
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Samsung sets goal to attain 100% clean energy by 2050Sep 15, 2022 7:00 am - SEOUL, South Korea (AP) - Samsung Electronics is shifting away from fossil fuels and aiming to entirely power its global operations with clean electricity by 2050, a cha...
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Concerns grow as Nigeria's inflation surges to 17-year highSep 15, 2022 7:00 am - ABUJA, Nigeria (AP) - Nigeria's consumer inflation surged to a 17-year high in August 2022, its statistics agency said Thursday, signalling more hardship for citizens an...
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Retail sales up 0.3% in Aug. from July amid inflationSep 15, 2022 7:00 am - NEW YORK (AP) - Americans picked up their spending a bit in August from July even as surging inflation on household necessities like rent and food took a toll on family ...