Business Stories from August 20, 2020 (Change date)
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Prosecutors: Former Uber exec charged in hacking cover-upAug 20, 2020 6:30 pm - A former Uber executive was charged Thursday in federal court on allegations that he arranged to pay hackers $100,000 to cover up a high-tech heist that stole the perso...
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China, US say talks on implementing trade pact coming soonAug 21, 2020 5:34 am - BEIJING (AP) - Chinese and U.S. trade envoys will hold a meeting by phone 'œin the near future'ť to discuss an agreement aimed at resolving a tariff war, a Commerce Mini...
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Chinese electric car brand NIO looks at expansion abroadAug 21, 2020 5:34 am - BEIJING (AP) - Chinese electric car brand NIO plans to start expanding to Western markets next year and might export a battery-swapping service that could help it compet...
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Grains mixed, livestock mixedAug 20, 2020 3:00 pm - Wheat for Sept. rose 7.50 cents at 5.1950 a bushel; Sept. corn was off .50 cent at 3.2450 a bushel, Sept. oats rose 4 cents at $2.7175 a bushel; while Aug. soybeans lost...
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Airbnb files preliminary paperwork for public stock offeringAug 20, 2020 8:00 am - Airbnb filed preliminary paperwork to sell company stock on Wall Street, undaunted by a global pandemic that has taken some wind out of its home-sharing business. The Sa...
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US long-term mortgage rates rise; 30-year at 2.99%Aug 20, 2020 11:30 am - WASHINGTON (AP) - U.S. average rates on long-term mortgages rose this week though they remain at historically low levels. The key 30-year loan nudged toward 3%. Mortgag...
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EU regulators wrangle over Twitter data privacy penaltyAug 20, 2020 11:00 am - LONDON (AP) - European Union privacy regulators are wrangling over the penalty Ireland's data privacy watchdog was set to issue Twitter for a data breach, pushing back t...
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Farmer found guilty of contaminating baby food for blackmailAug 20, 2020 10:00 am - LONDON (AP) - A sheep farmer in Britain has been found guilty of planting baby food laced with metal shards in stores as part of a plan to blackmail a supermarket chain....
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Uber, Lyft threaten California shutdown over driver statusAug 20, 2020 1:30 pm - BERKELEY, Calif. (AP) - Ride-hailing giants Uber and Lyft are saying they will shut down their California operations if a new law goes into effect overnight that would f...
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North Korea sets rare party meeting after economic strugglesAug 20, 2020 5:30 am - SEOUL, South Korea (AP) - In unusual candor, North Korean leader Kim Jong Un admitted U.S.-led sanctions, the pandemic and devastating floods had hurt his country's dism...
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