Business Stories from February 11, 2021 (Change date)
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Shell says its oil output peaked, speeds up emission cutsFeb 11, 2021 6:00 am - LONDON (AP) - Global energy company Shell said it plans to eliminate seven refineries and reduce production of gasoline and diesel fuel by 55% over the next decade as it...
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TikTok signed as 4th Chinese sponsor of soccer's Euro 2020Feb 11, 2021 8:01 am - NYON, Switzerland (AP) - Video sharing app TikTok was announced as a sponsor for this year's European Championship on Thursday, becoming the fourth Chinese backer of the...
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Grains mostly higher and livestock mixed.Feb 11, 2021 2:00 pm - Wheat for Mar. was off 2 cents at 6.3350 a bushel; Mar. corn rose 6.50 cents at 5.41 a bushel, Mar. oats was up 2.25 cents at $3.5050 a bushel; while Mar. soybeans gaine...
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Bombardier to end Learjet production, cut 1,600 jobsFeb 15, 2021 1:51 pm - WICHITA, Kan. (AP) - The Learjet, which became synonymous with lifestyles of the rich and famous, is about to fade into aviation history. Canada's Bombardier announced T...
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US jobless claims fall slightly to 793,000 with layoffs highFeb 12, 2021 6:13 am - WASHINGTON (AP) - The number of Americans seeking unemployment benefits fell slightly last week to 793,000, evidence that job cuts remain high despite a substantial decl...
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US distances itself from Trump attempts to ban WeChatFeb 11, 2021 9:30 am - A day after it put a hold on a proposed ban of TikTok, the Biden administration is distancing itself from attempts by former President Donald Trump to ban the China-owne...
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Business leaders criticize 'heavy-handed' Indianapolis billsFeb 11, 2021 4:05 pm - INDIANAPOLIS (AP) - More than 60 Indianapolis business and civic group leaders have signed a letter criticizing the Republican-dominated Legislature over numerous bills ...
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Kraft Heinz sells Planters brand to Hormel FoodsFeb 11, 2021 8:30 pm - Hormel Foods is going nuts. The Austin, Minnesota-based company, known for its meat brands like Spam and Applegate, said Thursday it is buying the Planters nut business ...
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US long-term mortgage rates flat; 30-year stays at 2.73%Feb 11, 2021 12:00 pm - WASHINGTON (AP) - U.S. long-term mortgage rates were flat this week for a second straight week. Home-loan rates stayed near record lows as the economy, especially in the...
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Court won't delay extradition of 2 nabbed in Ghosn's escapeFeb 11, 2021 1:00 pm - BOSTON (AP) - A U.S. appeals court refused Thursday to put on hold the extradition of two men wanted by Japan on accusations that they helped smuggle former Nissan boss ...