Business Stories from August 17, 2022 (Change date)
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Lang reappointed to Professional Standards CommitteeAug 18, 2022 8:21 am - LONG GROVE - Real estate agent Robert Lang of Weichert, Realtors - McKee Real Estate was recently reappointed to the Mainstreet Organization of Realtors Professional Sta...
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U.S. midterms bring few changes from social media companiesAug 17, 2022 9:30 am - SAN FRANCISCO (AP) - Social media companies are offering few specifics as they share their plans for safeguarding the U.S. midterm elections. Platforms like Facebook and...
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Companies plan $2.6B investment in major Alaska oil projectAug 17, 2022 2:31 pm - ANCHORAGE, Alaska (AP) - Two oil and gas companies have announced plans to invest $2.6 billion into developing a major oil field on Alaska's North Slope. Australia-based...
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Seattle CEO who cut his pay so workers earned $70K resignsAug 18, 2022 8:31 am - SEATTLE (AP) - A Seattle CEO who announced in 2015 that he was giving himself a drastic pay cut to help cover the cost of big raises for his employees has announced his ...
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Target, Krispy Kreme fall; Hill International, Lowe's riseAug 17, 2022 3:30 pm - NEW YORK (AP) - Stocks that traded heavily or had substantial price changes Wednesday: Target Corp., down $4.85 to $175.34. The retailer's second-quarter profit fell fa...
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Newest meme stock, Bed Bath & Beyond, tumbles after big dayAug 17, 2022 5:30 pm - NEW YORK (AP) - Now comes the downside of the meme-stock craze for investors in Bed Bath & Beyond. The stock fell 16% in after-hours trading Wednesday following reports ...
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Musk tweet joking about buying Manchester United causes stirAug 17, 2022 7:31 am - LONDON (AP) - Elon Musk caused a stir by tweeting that he was buying the English soccer team Manchester United - whose current owners are opposed by many fans - then say...
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Chinese factories close as drought hurts hydropowerAug 17, 2022 1:30 am - BEIJING (AP) - Factories in China's southwest have shut down after reservoirs used to generate hydropower ran low in a worsening drought, adding to economic strains at a...
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Target takes a hit after heavy discounts to clear inventoryAug 17, 2022 9:00 am - NEW YORK (AP) - Target reported solid sales for the fiscal second quarter but its profit plunged nearly 90% after it was forced to slash prices to clear unwanted invento...
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US says SkyWest employee subjected to sexual harassmentAug 17, 2022 4:00 pm - DALLAS (AP) - The federal government is suing SkyWest Airlines on behalf of a former employee who says co-workers sexually harassed her, including asking her for sex and...