Business Stories from August 14, 2020 (Change date)
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Home prices climb to record in pandemic as buyers seek spaceAug 16, 2020 8:14 am - NEW YORK (AP) - A renter most of his adult life, Clarence Swann became fearful that landlords would use the coronavirus pandemic as an excuse to gouge their tenants. So,...
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Stocks barely budge on Wall Street; S&P 500 just shy of highAug 14, 2020 4:30 pm - NEW YORK (AP) - Stock indexes barely budged on Wall Street Friday, leaving the S&P 500 just shy of its record once again. The S&P 500 edged down 0.58, or less than 0.1%...
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China factory output flat, retail sales slip in JulyAug 14, 2020 1:30 am - BEIJING (AP) - China's factory output rose just under 5% last month from a year earlier while retail sales fell slightly, suggesting the country's recovery from the coro...
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Grains and livestock mixedAug 14, 2020 4:00 pm - Wheat for Sept. rose 3.25 cents at 5.00 a bushel; Sept. corn was off.75 cent at 3.2450 a bushel, Sept. oats was down .75 cent at $2.6425 a bushel; while Aug. soybeans fe...
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US productivity rises 7.3% as hours worked are nearly halvedAug 14, 2020 9:00 am - SILVER SPRING, Md. (AP) - U.S. productivity rose at a 7.3% rate in the second quarter as the number of hours worked fell by nearly half, the biggest drop-off since the g...
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Dutch economy shrinks by 'unprecedented' 8.5% as virus hitsAug 14, 2020 6:00 am - THE HAGUE, Netherlands (AP) - The Dutch economy suffered an unprecedented 8.5% contraction in the second quarter as the coronavirus pandemic slammed the brakes on spendi...
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PG&E tells regulators upcoming outages will go more smoothlyAug 14, 2020 1:00 am - SAN RAMON, Calif. (AP) - Pacific Gas and Electric promised regulators Thursday that it has learned from its mishandling of deliberate blackouts and won't disrupt as many...
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Miami businessman pleads guilty in Vermont ski fraud caseAug 14, 2020 1:32 pm - A Miami businessman accused of being the mastermind behind the largest fraud case in Vermont's history pleaded guilty on Friday over a failed plan to build a biotechnolo...
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Closing prices for crude oil, gold and other commoditiesAug 14, 2020 3:01 pm - Benchmark U.S. crude oil for September delivery fell 23 cents to settle at $42.01 a barrel Friday. Brent crude oil for October delivery fell 16 cents to $44.80 a barrel....
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Judge refuses to reconsider GM lawsuit against Fiat ChryslerAug 14, 2020 2:31 pm - A federal judge in Detroit said Friday that he will not reconsider his July dismissal of General Motors' racketeering lawsuit against Fiat Chrysler Automobiles. U.S. Dis...
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