Business Stories from July 31, 2020 (Change date)
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Caterpillar sales weaken but 2Q results top StreetJul 31, 2020 7:00 am - Caterpillar's sales tumbled 31% in the second quarter as dealers culled construction equipment from showrooms during the pandemic. Dealers decreased machine and engine ...
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Nokia profit up despite pandemic as new CEO takes overJul 31, 2020 7:00 am - HELSINKI (AP) - Nokia has reported better than expected second-quarter earnings on the back of improved margins for telecoms equipment and software despite the coronavir...
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Trader Joe's says no to changing ethnic-sounding label namesJul 31, 2020 7:00 am - LOS ANGELES (AP) - Trader Joe's, which indicated earlier this month it might change the names of some of its products after an online petition denounced them as racist, ...
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Asian benchmarks tumble, looking to earnings, central banksJul 31, 2020 7:00 am - TOKYO (AP) - Asian shares tumbled Friday as reports showed layoffs of American workers are persisting at high levels after the U.S. economy contracted at a nearly 33% an...
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Asia-Pacific tourism makes patchy restart, and some misstepsJul 31, 2020 7:00 am - CANBERRA, Australia (AP) - Tourism operators across Asia and the Pacific are making furtive and faltering advances, as well as some spectacular missteps, after travel wa...
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Grains mostly higher and livestock higherJul 31, 2020 7:00 am - Wheat for Sept. rose 1.75 cents at 5.3125 a bushel; Sept. corn was up .25 cent at 3.16 a bushel, Sept. oats was off 1.75 cents at $2.7625 a bushel; while Aug. soybeans g...
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Minnesota company gets most aid in Iowa hog disposal programJul 31, 2020 7:00 am - IOWA CITY, Iowa (AP) - One influential pork company has received most of the money from an Iowa program designed to support farmers who euthanized their hogs after the c...
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Exxon lost $1B in second quarter as oil use dries upJul 31, 2020 7:00 am - NEW YORK (AP) - Exxon lost $1.1 billion in the second quarter, its economic pain deepening as the pandemic kept households on lockdown, diminishing the need for oil arou...
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Apple, Merck rise; Caterpillar, Expedia fallJul 31, 2020 7:00 am - NEW YORK (AP) - Stocks that moved heavily or traded substantially on Friday: Exxon Mobil Corp., up 21 cents to $42.08. The company lost $1.1 billion and its revenue dro...
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Australia to make Google and Facebook pay for news contentJul 31, 2020 7:00 am - CANBERRA, Australia (AP) - The Australian government said on Friday it plans to give Google and Facebook three months to negotiate with Australian media businesses fair ...
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