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Asian shares rise on optimism about US, China economies
Aug 17, 2022 7:00 am - TOKYO (AP) - Asian shares were mostly higher Wednesday as regional markets looked to strong economic signs out of the U.S. and China as drivers of growth. Benchmarks ro...
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Target takes a hit after heavy discounts to clear inventory
Aug 17, 2022 7:00 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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Closing prices for crude oil, gold and other commodities
Aug 17, 2022 7:00 am - Benchmark U.S. crude oil for September delivery rose $1.58 to $88.11 a barrel Wednesday. Brent crude for October delivery rose $1.31 to $93.65 a barrel. Wholesale gasoli...
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Seattle CEO who cut his pay so workers earned $70K resigns
Aug 17, 2022 7:00 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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Judge: Pharmacies owe 2 Ohio counties $650M in opioids suit
Aug 17, 2022 7:00 am - CLEVELAND (AP) - A federal judge in Cleveland awarded $650 million in damages Wednesday to two Ohio counties that won a landmark lawsuit against national pharmacy chains...
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Bank of America's overdraft fees down 90% under new policy
Aug 17, 2022 7:00 am - NEW YORK (AP) - Bank of America says the revenue it gets from overdrafts has dropped 90% from a year ago, after the bank reduced overdraft fees to $10 from $35 and elimi...
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Amazon testing TikTok-style feed on its app, AI firm says
Aug 17, 2022 7:00 am - NEW YORK (AP) - Amazon appears to be getting the TikTok bug, joining other companies seeking to hold consumers' attention by introducing replicas of the popular social p...
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US retail sales were flat in July as inflation takes a toll
Aug 17, 2022 7:00 am - WASHINGTON (AP) - The pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates forced many Americans to spend mo...
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Chinese factories close as drought hurts hydropower
Aug 17, 2022 7:00 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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Hoffman Estates to consider tax incentive for redevelopment near I-90, bus terminalAug 17, 2022 5:30 am - Hoffman Estates village board members are poised to approve a tax incentive to encourage private redevelopment and the public improvements that would accompany it on 124...