Business Stories from March 3, 2020 (Change date)
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The Latest: Vatican says pope suffering only from a coldMar 03, 2020 12:31 pm - BEIJING (AP) - The Latest on the virus outbreak (all times local): 3 a.m. The Vatican is insisting Pope Francis is only suffering from a cold, not coronavirus. Francis ...
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NHK Seating to triple size of Indiana plant, add 100 jobsMar 03, 2020 12:05 pm - FRANKFORT, Ind. (AP) - A company that makes automotive seating is planning a $38 million expansion that will triple the size of its central Indiana plant and bring with ...
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Australia cuts rate to record low 0.5% to fight virus impactMar 02, 2020 11:00 pm - CANBERRA, Australia (AP) - Australia's central bank on Tuesday cut its benchmark interest rate by a quarter of a percentage point to a record low of 0.5% in response to ...
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Virus spread prompts Fed to slash rates in surprise moveMar 04, 2020 5:35 am - WASHINGTON (AP) - In a surprise move, the Federal Reserve cut its benchmark interest rate by a sizable half-percentage point Tuesday in an effort to support the economy ...
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Australian Associated Press to shut down after 85 yearsMar 03, 2020 4:05 am - CANBERRA, Australia (AP) - The national news agency Australian Associated Press said Tuesday it will close in late June, its 85 years in business vanquished by a decline...
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Target sales dinged by shortened holiday seasonMar 03, 2020 6:00 am - NEW YORK (AP) - Target reported strong fourth-quarter profits, though its sales were weighed down weak toy and electronics sales during the crucial holiday shopping seas...
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Hit by power shortages, South Africa's economy in recessionMar 03, 2020 9:30 am - JOHANNESBURG (AP) - Widespread power cuts are blamed for pushing South Africa's economy, the continent's most industrialized, into recession, according to official stati...
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Developer wants to bring luxury 'Garage Lodge' to Lake ZurichMar 05, 2020 7:33 am - A plan to build a luxury car garage in a Lake Zurich industrial park received positive feedback from the village board Monday night. Retired commercial real estate devel...
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Elgin restaurant closes abruptly with weddings, events still bookedMar 06, 2020 5:07 am - Gifford's Kitchen & Social in Elgin closed abruptly this week, leaving in the lurch customers who booked parties, fundraisers and weddings. A steady stream of unhappy pe...
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G-Hub Transport becomes U-Haul dealerMar 05, 2020 7:33 am - ELGIN - U-Haul Company of Illinois announced G-Hub Transport Corp. has signed on as a U-Haul neighborhood dealer. G-Hub Transport Corp., 1900 Berkley St. will offer U-Ha...