Business Stories from July 30, 2020 (Change date)
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UPS, Apache rise; Yum China, Citigroup fallJul 30, 2020 3:30 pm - NEW YORK (AP) - Stocks that moved heavily or traded substantially on Thursday: Apache Corp., up $2.36 to $16.01. The energy company said it's made a major oil discovery ...
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Volkswagen lost $1.8 billion in Q2 but sees profit for yearJul 30, 2020 4:31 am - FRANKFURT, Germany (AP) - Carmaker Volkswagen recorded an after-tax loss of 1.54 billion euros ($1.81 billion) in the second quarter as the pandemic shut down auto plant...
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1.4 million seek jobless aid as virus keeps forcing layoffsJul 31, 2020 1:59 pm - WASHINGTON (AP) - More than 1.4 million laid-off Americans applied for unemployment benefits last week, further evidence of the devastation the coronavirus outbreak has ...
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Saudis' Newcastle bid ends after piracy, human rights issuesJul 30, 2020 11:01 am - Saudi Arabia's sovereign wealth fund withdrew its bid to buy English Premier League club Newcastle on Thursday after the process was stalled by concerns about piracy by ...
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Record surge in daily shipping volumes for UPS in 2QJul 30, 2020 12:01 pm - The pandemic-fueled boom in online shopping shows no signs of slowing down, providing more business for delivery companies like United Parcel Service Inc. UPS said Thurs...
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Closing prices for crude oil, gold and other commoditiesJul 30, 2020 4:00 pm - Benchmark U.S. crude oil for September delivery fell $1.35 to settle at $39.92 a barrel Thursday. Brent crude oil for September delivery fell 81 cents to $42.94 a barrel...
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Airbus plane deliveries halved as airlines scrounge for cashJul 31, 2020 6:03 am - PARIS (AP) - European plane maker Airbus saw its deliveries halve during the first six months of the year as travel collapsed during the pandemic and airlines scrounged ...
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Shell profits plunge 82% as pandemic hits energy demandJul 30, 2020 3:00 am - LONDON (AP) - Royal Dutch Shell said Thursday that its second-quarter earnings plunged 82% as the COVID-19 pandemic slashed energy prices and demand. Shell reported that...
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US average mortgage rates decline; 30-year loan at 2.99%Jul 31, 2020 6:03 am - WASHINGTON (AP) - U.S. average rates on long-term mortgages declined this week, remaining near historic lows as the key 30-year loan slipped back below 3%. Mortgage buye...
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Pandemic hits Comcast 2Q; Peacock service has 10M sign-upsJul 30, 2020 9:01 am - NEW YORK (AP) - The coronavirus pandemic took a toll on Comcast in the second quarter as movie theaters closed, theme parks shut down and advertisers cut back. The comp...