Business Stories from July 7, 2020 (Change date)
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Small business program scrutinized for loans to big firmsJul 07, 2020 3:30 pm - NEW YORK (AP) - Congress set aside $659 billion to throw a lifeline to small businesses and organizations side-swiped by the coronavirus pandemic and to help paychecks k...
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Samsung projects 23% jump in 2Q profit on strong chip salesJul 07, 2020 12:01 am - SEOUL, South Korea (AP) - Samsung Electronics Co. said Tuesday its operating profit for the last quarter likely rose 23% from the same period last year, helped by robust...
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Civil rights groups denounce Facebook over hate speechJul 07, 2020 9:30 pm - Facebook keeps telling critics that it is doing everything it can to rid its service of hate, abuse and misinformation. And the company's detractors keep not buying it. ...
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Would-be travelers in Taiwan live out dreams of flying againJul 07, 2020 10:00 pm - TAIPEI, Taiwan (AP) - Like almost every region, Taiwan has been hit hard by restrictions on international travel imposed because of the coronavirus. Some residents have ...
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EU forecasts deeper economic hit from pandemicJul 07, 2020 12:45 pm - BRUSSELS (AP) - The European Union's executive forecasts that the bloc's economy will contract more than previously expected because of the coronavirus pandemic, which h...
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Kanye West? Tim McGraw? Girl Scouts? All got PPP loansJul 07, 2020 5:00 pm - WASHINGTON (AP) - The government's small business lending program has benefited millions of companies, with the goal of minimizing the number of layoffs Americans have s...
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Doctors say experimental treatment may have rid man of HIVJul 07, 2020 9:23 am - A Brazilian man infected with the AIDS virus has shown no sign of it for more than a year since he stopped HIV medicines after an intense experimental drug therapy aimed...
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Italy, Portugal say economic forecasts show need for EU helpJul 07, 2020 3:30 pm - LISBON, Portugal (AP) - New forecasts predicting the European Union's economy is headed for a steep decline underscore the need for quick approval of a proposed recovery...
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Dan Gilbert would keep control under Quicken Loans IPOJul 07, 2020 8:30 pm - DETROIT (AP) - Quicken Loans would become part of Rocket Companies under an initial public stock offering that would keep founder Dan Gilbert in firm control. A filing T...
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Asia markets slip as virus outbreaks mute hopes for reboundJul 07, 2020 12:01 am - TOKYO (AP) - Markets were mostly lower in Asia on Tuesday as expanding coronavirus outbreaks dimmed hopes for a global recovery, despite an overnight rally in tech share...