Business Stories from June 25, 2020 (Change date)
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Third Lake/ Grayslake Fitness Studio Takes On The CoronavirusJun 25, 2020 11:00 pm - THIRD LAKE/ GRAYSLAKE FITNESS STUDIO TAKES ON THE CORONAVIRUS (Third Lake/ Grayslake, Illinois June 2020) - Small business fitness studio is making fluid adjustments and...
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US GDP fell at 5.0% rate in Q1; worse is likely on the wayJun 25, 2020 7:00 am - WASHINGTON (AP) - The U.S. economy shrank at a 5.0% rate in the first quarter with a much worse decline expected in the current three-month economic period, which will s...
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Nike posts quarterly loss after virus forced store closuresJun 25, 2020 7:00 am - NEW YORK (AP) - Nike lost $790 million in the fourth quarter, as soaring digital sales couldn't make up for the loss of revenue from shuttered stores in most of the worl...
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Orders for US big-ticket factory goods surge 15.8% in MayJun 25, 2020 7:00 am - WASHINGTON (AP) - Orders to American factories for big-ticket goods rebounded last month from a disastrous April as the U.S. economy began to slowly reopen. The Commerce...
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Asian stocks follow Wall Street higher on bank newsJun 25, 2020 7:00 am - BEIJING (AP) - Asian stock markets followed Wall Street higher on Friday after U.S. regulators removed some limits on banks' ability to make investments. Benchmarks in T...
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Texas puts reopening on 'pause' as virus cases soarJun 25, 2020 7:00 am - AUSTIN, Texas (AP) - Gov. Greg Abbott on Thursday halted elective surgeries in Texas' biggest counties and said the state would 'œpause'ť its aggressive reopening as it ...
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Lufthansa shareholders approve German rescue packageJun 25, 2020 7:00 am - FRANKFURT, Germany (AP) - Lufthansa shareholders approved a 9 billion-euro ($11 billion) rescue package Thursday that will see the German government take a 20% stake aft...
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Google to start paying some news publishers for contentJun 25, 2020 7:00 am - LONDON (AP) - Google says it will start paying some publishers for their news content, in a move that could pave the way for reduced tensions between the internet search...
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Official: US might help others buy non-Huawei telecom gearJun 25, 2020 7:00 am - BEIJING (AP) - The United States is willing to help other countries finance purchases of next-generation telecom technology from Western providers so they can avoid Chin...
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Virgin Galactic marks second glide flight over New MexicoJun 25, 2020 7:00 am - UPHAM, N.M. (AP) - Virgin Galactic on Thursday celebrated the second successful glide flight of its spaceship over Spaceport America in southern New Mexico. Unlike the ...
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