Business Stories from February 28, 2020 (Change date)
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Harley-Davidson CEO to leave struggling motorcycle makerFeb 28, 2020 4:00 pm - MILWAUKEE (AP) - Harley-Davidson CEO Matthew Levatich is leaving the struggling motorcycle maker. The Milwaukee company announced Friday that Levatich will leave his pos...
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Carnage on Wall Street, but some companies thrive or recoverMar 02, 2020 5:52 am - U.S. markets are heading for their worst week since the financial crisis with the final tally of economic damage from a spreading virus still unknown. That doesn't mean...
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Barclays bankers acquitted over fraud charges in Qatar dealFeb 28, 2020 9:30 am - LONDON (AP) - Three former Barclays bankers were cleared Friday of fraud over a 4 billion-pound ($5.2 billion) investment deal with Qatar at the height of the global fin...
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China uses dairy factory to show it's getting back to workFeb 28, 2020 7:31 pm - BEIJING (AP) - As milk bottles and yogurt six-packs zipped past on a conveyor belt at a state-owned dairy, reporters heard a sales pitch from a Communist Party official:...
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Asia stocks tumble on virus fears after Wall Street plungeFeb 27, 2020 11:31 pm - Asian stock markets plunged further Friday on spreading virus fears, deepening an global rout after Wall Street endured its biggest one-day drop in nine years. Tokyo's b...
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EU launches antitrust probe into Italy loan to AlitaliaFeb 28, 2020 11:01 am - BRUSSELS (AP) - The European Union's antitrust watchdog said Friday that it has launched an investigation into a loan of 400 million euros ($440 million) from the Italia...
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Judge cancels oil and gas leases on some sage grouse landsFeb 28, 2020 12:31 pm - BOISE, Idaho (AP) - A federal judge has cancelled more than $125 million in oil and gas leases on public lands that are home to the declining bird species greater sage g...
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Wall Street has worst week since 2008 as S&P 500 drops 11.5%Feb 28, 2020 4:31 pm - Stocks sank around the globe again Friday as investors braced for more economic pain from the coronavirus outbreak, sending U.S. markets to their worst weekly finish sin...
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US consumer spending slowed in January while incomes jumpedMar 02, 2020 1:17 pm - WASHINGTON (AP) - Americans pulled back on their spending in January, even as their incomes surged, a sign the economy was growing modestly before the threat of coronavi...
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Market corrections: scary but also, in some cases, necessaryFeb 28, 2020 12:31 pm - NEW YORK (AP) - After six days of being pounded by a virus-induced, global sell-off, U.S. markets hit a milestone this week. The S&P 500 has dropped more than 10% from ...