Business Stories from October 22, 2020
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Retail/residential development could replace Mount Prospect shopping centerOct 22, 2020 3:01 PM - The next step in the remaking of downtown Mount Prospect could be the construction of a new retail/residential development on the site of the Prospect Place Shopping Center, south of the railroad tracks.
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GE Healthcare receives $11 million contractOct 22, 2020 2:58 PM - Chicago-based GE Healthcare Thursday announced its largest ever ultrasound deal in the United States, an $11 million order by St. Luke's University Health Network in the Northeast.
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Neo Network's platform earns telecom recognitionOct 22, 2020 2:48 PM - Naperville-based Neo Network Development and its Open Access platform have been recognized by a telecom industry publication as among the top 10 Small Cell and Consulting/Service Companies of 2020.
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Walgreens expands coronavirus testing to childrenOct 22, 2020 2:29 PM - As part of Walgreens' ongoing efforts to increase access to COVID-19 testing in communities across the U.S., the company announced its testing sites are now available for those age 3 and older. Previously, testing has been available to those age 18 and older.
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Closing prices for crude oil, gold and other commodities
Oct 22, 2020 2:23 PM - Closing prices for crude oil, gold and other commodities, and foreign exchange levels
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US long-term mortgage rates hit new low; 30-year at 2.80%
Oct 22, 2020 1:43 PM - U.S. long-term mortgage rates slipped this week as the key 30-year loan marked a new all-time low for the 11th time this year
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Bird flu fears: Dutch farms ordered to keep poultry indoors
Oct 22, 2020 1:23 PM - The Dutch government is ordering poultry farms to keep their birds indoors after six wild swans were found recently dead and tests on two of the birds came back positive for a highly pathogenic strain of bird flu
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U.S. officials link Iran to emails meant to intimidate voters
Oct 22, 2020 12:59 PM - U.S. officials have accused Iran of being behind a flurry of threatening but fake emails sent to Democratic voters in Florida and other battleground states in a late-stage effort to sway public opinion and interfere in the presidential election.
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U.S. jobless claims drop to 787,000, but layoffs remain high
Oct 22, 2020 12:47 PM - The number of laid-off Americans seeking unemployment benefits fell last week to 787,000, a sign that job losses may have eased slightly but are still running at historically high levels.
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Profit, revenue slump at Union Pacific, but volume improves
Oct 22, 2020 12:41 PM - Union Pacific's profit and revenue slumped by double digits in the third quarter
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