Business Stories from June 25, 2020 (Change date)
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US mortgage rates stall; 30-year remains at all-time lowJun 25, 2020 2:30 pm - NEW YORK (AP) - Long-term U.S. mortgage were unchanged this week as the benchmark 30-year home loan remains at its lowest rate in nearly 50 years. Mortgage buyer Freddie...
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SoftBank's Son leaves Alibaba board following Ma's departureJun 25, 2020 6:00 am - TOKYO (AP) - Masayoshi Son, the chief executive of Japanese technology company SoftBank Group Corp., said Thursday that he is stepping down from the board of Chinese e-c...
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Indiana jobless claims up by nearly a third last weekJun 25, 2020 10:05 am - INDIANAPOLIS (AP) - Nearly a third more Indiana workers filed initial unemployment claims last week compared to the previous week, the U.S. Labor Department reported Thu...
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Pakistan to ground 150 pilots for cheating to get licensesJun 25, 2020 12:01 pm - ISLAMABAD (AP) - Pakistan's state-run airline said Thursday it will ground 150 pilots, accusing them of obtaining licenses by having others take exams for them, an accus...
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Orders for US big-ticket factory goods surge 15.8% in MayJun 25, 2020 8:00 am - WASHINGTON (AP) - Orders to American factories for big-ticket goods rebounded last month from a disastrous April as the U.S. economy began to slowly reopen. The Commerce...
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Google to start paying some news publishers for contentJun 26, 2020 11:57 am - LONDON (AP) - Google says it will start paying some publishers for their news content, in a move that could pave the way for reduced tensions between the internet search...
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Report highlights risks for container ships in Wadden SeaJun 25, 2020 10:30 am - THE HAGUE, Netherlands (AP) - A Dutch safety watchdog said Thursday that it is 'Å“undesirable'Å¥ for large container ships to use a shipping route through an environmental...
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KB Home, Walt Disney fall; Rite Aid, Accenture riseJun 25, 2020 3:30 pm - NEW YORK (AP) - Stocks that moved heavily or traded substantially on Thursday: Rite Aid Corp., up $3.42 to $16.29. The drugstore chain reported a surge in first-quarter...
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Verizon joins ad boycott of Facebook over hateful contentJun 25, 2020 7:00 pm - SAN FRANCISCO (AP) - Verizon is joining an escalating movement to siphon advertising away from Facebook in an effort to pressure the company into doing more to prevent r...
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Canada's Trudeau rules out releasing Huawei tech executiveJun 27, 2020 7:33 am - TORONTO (AP) - Canadian Prime Minister Justin Trudeau on Thursday ruled out releasing a top Chinese tech executive in an attempt to win the release of two Canadians deta...