Business Stories from March 27, 2020 (Change date)
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Restaurants, trying to stay afloat, revamp menus, operationsMar 27, 2020 7:00 am - CINCINNATI (AP) - In the battle to keep their New York City restaurant going despite sharp restrictions during the coronavirus outbreak, the owners of Il Posto Accanto t...
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Hilton, Gap fall; Sportsman's Warehouse risesMar 27, 2020 7:00 am - NEW YORK (AP) - Stocks that moved heavily or traded substantially on Friday: VMware Inc.. down $8.98 to $115.74. The cloud-computing software company pulled its first-q...
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US consumer spending up modest 0.2% in FebruaryMar 27, 2020 7:00 am - WASHINGTON (AP) - Americans increased their spending by a modest amount in February but the expectation is that spending will be hit hard in coming months reflecting the...
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PG&E to use wildfire victims fund to pay for past crimesMar 27, 2020 7:00 am - BERKELEY, Calif. (AP) - Pacific Gas & Electric is warning its elaborate plan for getting out of bankruptcy might collapse if the utility can't pay for its crimes in a de...
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Cruise stocks sink after missing out on economic-relief billMar 27, 2020 7:00 am - Shares of cruise lines have taken on more water after the industry's major players were shut out from government assistance as part of the major economic-recovery bill ...
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Stocks drop, but hold on to weekly gains after a big rallyMar 27, 2020 7:00 am - Wall Street closed lower Friday but still notched big gains for the week as investors held out hope that a $2 trillion rescue package will cushion businesses and househo...
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Microsoft divests from Israeli facial-recognition startupMar 27, 2020 7:00 am - Microsoft said Friday it is pulling its investments from a facial-recognition startup that scans faces at Israeli military checkpoints, even though the tech giant couldn...
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Pandemic fallout: NCAA slashes distribution by $375 millionMar 27, 2020 7:00 am - Canceling March Madness because of the coronavirus pandemic will cost the NCAA about $375 million that it would have distributed to 350 schools across the nation. Some w...
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IMF head says global economy now in recessionMar 27, 2020 7:00 am - WASHINGTON (AP) - The head of the International Monetary Fund said Friday it is clear that the global economy has now entered a recession that could be as bad or worse t...
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Grains mostly higher, livestock lower.Mar 27, 2020 7:00 am - \CHICAGO (AP) - Grain futures were mostly higher Friday in early trading on the Chicago Board of Trade. Wheat for May delivery advanced 13.80 cents at $5.8340 a bushel; ...
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