Business Stories from August 6, 2020 (Change date)
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Fed's Main Street pandemic support program off to slow startAug 06, 2020 7:00 am - WASHINGTON (AP) - The Federal Reserve says that its Main Street Lending Program designed to help small and medium-sized companies get through the pandemic has managed to...
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US average mortgage rates fall; 30-year loan at 2.88%Aug 06, 2020 7:00 am - WASHINGTON (AP) - U.S. average rates on long-term mortgages fell this week, pushing the key 30-year loan to a record low for the eighth time this year. Mortgage buyer F...
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Nintendo profit zooms as virus has homebodies playing gamesAug 06, 2020 7:00 am - TOKYO (AP) - Nintendo Co.'s profit multiplied more than sixfold in April-June as people stuck at home during the pandemic turned to playing video games. The Japanese ma...
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1.2 million seek jobless aid after $600 federal check endsAug 06, 2020 7:00 am - WASHINGTON (AP) - Nearly 1.2 million laid-off Americans applied for state unemployment benefits last week, evidence that the coronavirus keeps forcing companies to slash...
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New York attorney general seeks to dissolve NRAAug 06, 2020 7:00 am - NEW YORK (AP) - New York's attorney general sued the National Rifle Association on Thursday, seeking to put the powerful gun advocacy organization out of business over c...
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Bank of England holds off more stimulus, sees slow recoveryAug 06, 2020 7:00 am - LONDON (AP) - The Bank of England left its benchmark interest rate at a record low of 0.1% on Thursday as it expressed caution about how rapidly the United Kingdom's eco...
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Uber lost $1.8B in 2Q as riders stayed home and ordered inAug 06, 2020 7:00 am - NEW YORK (AP) - Uber lost $1.78 billion in the second quarter as the pandemic carved a gaping hole in its ride-hailing business, with millions of people staying home to ...
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OraSure, Becton, Dickinson fall; Bausch, Vista Outdoor riseAug 06, 2020 7:00 am - NEW YORK (AP) - Stocks that moved heavily or traded substantially on Thursday: Becton, Dickinson and Co., down $23.82 to $259.61. The maker of medical equipment gave a f...
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Surge in German factory orders bolsters hope for recoveryAug 06, 2020 7:00 am - BERLIN (AP) - German factory orders surged in June, according to figures released Thursday, giving hope that Europe's largest economy is on track for a recovery from dec...
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Closing prices for crude oil, gold and other commoditiesAug 06, 2020 7:00 am - Benchmark U.S. crude oil for September delivery fell 24 cents to settle at $41.95 a barrel Thursday. Brent crude oil for October delivery fell 8 cents to $45.09 a barrel...
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