Business Stories from July 14, 2020 (Change date)
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Demand for robot cooks rises as kitchens combat COVID-19Jul 14, 2020 10:00 am - HAYWARD, California (AP) - Robots that can cook - from flipping burgers to baking bread - are in growing demand as virus-wary kitchens try to put some distance between w...
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Wells Fargo loses $2.4 billion in 2Q, first loss since 2008Jul 14, 2020 9:00 am - Silver Spring, Md. (AP) - Wells Fargo lost $2.4 billion in the second quarter, the first quarterly loss for the bank since the real estate crash of 2008. Wells said it s...
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'œGrowth has stalled": Surge in US infections hits DeltaJul 14, 2020 10:00 am - Delta Air Lines lost $5.7 billion during a brutal three-month stretch in which the coronavirus pandemic brought travel to a near standstill, and any hoped-for recovery h...
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UK reportedly poised to backtrack on Huawei inclusion in 5GJul 14, 2020 4:00 am - LONDON (AP) - The British government is reportedly poised to backtrack on plans to give Chinese telecommunications giant Huawei a limited role in the U.K.'~s new high-sp...
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Catalan leader demands investigation into Spain spying claimJul 14, 2020 7:05 am - MADRID (AP) - The speaker of the Catalan regional parliament demanded Tuesday that the Spanish government launch an official investigation into reports that his cellphon...
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Fed's Brainard warns US economy may slow, urges more supportJul 14, 2020 3:01 pm - WASHINGTON (AP) - Federal Reserve Governor Lael Brainard warned Tuesday that the U.S. economy appears to be slowing after an initial burst of recovery and called for the...
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South Korean firm quits petrochemical plant effort in OhioJul 14, 2020 11:00 am - CLEVELAND (AP) - The prospects for construction of a multibillion-dollar petrochemical plant in Ohio appear to have dimmed after a U.S. subsidiary of a South Korean comp...
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No more delays: What to know about the July 15 tax deadlineJul 14, 2020 12:00 pm - It's time to do your taxes - no more delays. As the coronavirus pandemic took hold this spring, the federal government postponed the traditional April 15 filing deadlin...
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Virgin Atlantic raises $1.8 billion before planned restartJul 14, 2020 11:00 am - LONDON (AP) - Virgin Atlantic has raised 1.2 billion pounds ($1.8 billion) from private sources, including from founder Richard Branson, the company said Tuesday, as it ...
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Huawei posts 13.1% revenue growth amid pandemic, sanctionsJul 14, 2020 5:00 am - HONG KONG (AP) - Huawei Technologies reported Tuesday that its revenue grew 13.1% in the first half of the year compared with a year earlier, despite sanctions from the ...