Business Stories from October 22, 2020 (Change date)
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US jobless claims drop to 787,000, but layoffs remain highOct 22, 2020 12:31 pm - WASHINGTON (AP) - 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 ...
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American, Southwest join rivals in reporting big 3Q lossesOct 26, 2020 2:40 pm - DALLAS (AP) - Airlines are continuing to pile up billions of dollars in losses as the pandemic causes a massive drop in air travel. American Airlines said Thursday that ...
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Banksy artwork sells for almost $10 million at auctionOct 22, 2020 4:00 am - LONDON (AP) - Banksy's playful take on a famous Impressionist painting has sold at auction for 7.6 million pounds ($9.8 million), the second-highest price ever paid for ...
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Closing prices for crude oil, gold and other commoditiesOct 22, 2020 2:30 pm - Benchmark U.S. crude oil for December delivery rose 61 cents to $40.64 a barrel Thursday. Brent crude oil for December delivery rose 73 cents to $42.46 a barrel. Wholesa...
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German disease control center urges vigilance as virus risesOct 22, 2020 5:30 am - BERLIN (AP) - The head of Germany's disease control center urged people Thursday to be vigilant about following coronavirus precautions as the country posted a record nu...
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Gap Inc. exiting malls, to shutter 350 stores by 2024Oct 22, 2020 5:00 pm - NEW YORK (AP) - Gap Inc. is moving away from the nation's malls. The San Francisco-based retailer, which was for decades a fixture at shopping malls around the country, ...
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Discover, Align rise; Kimberly-Clark, Union Pacific fallOct 22, 2020 3:30 pm - NEW YORK (AP) - Stocks that moved heavily or traded substantially Thursday: Tesla Inc., up $3.15 to $425.79. The electric car and solar panel maker beat Wall Street's th...
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Japan, Britain sign free trade deal for post-Brexit eraOct 22, 2020 11:00 pm - TOKYO (AP) - Japan and Britain signed a bilateral free trade deal Friday in the the first such major post-Brexit deal, reducing tariffs on Yorkshire lamb sold in Japan, ...
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US long-term mortgage rates hit new low; 30-year at 2.80%Oct 23, 2020 8:47 am - WASHINGTON (AP) - 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. Home loan rates have not...
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Auto parts supplier Tenneco to cut 350 jobs at Indiana plantOct 24, 2020 8:24 am - SOUTH BEND, Ind. (AP) - Auto parts supplier Tenneco plans to cut about 350 jobs at a northern Indiana plant in a move the company attributes to the challenging global bu...