LONDON (AP) — The British government unveiled a raft of measures Wednesday it hopes will limit an anticipated spike in unemployment as a result of the coronavirus pandemic. Most noteworthy were a new bonus plan aimed at getting firms to...
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Wall Street drifts as tech stock gains offset other losses
NEW YORK (AP) — U.S. stock indexes are drifting up and down Wednesday, as a continued rally for big tech companies makes up for weakness elsewhere across Wall Street. The S&P 500 was 0.2% higher at noon Eastern time, after swinging...
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A deeply divided Poland chooses a president in runoff vote
WARSAW, Poland (AP) — Two bitter rivals are heading into a razor’s-edge presidential runoff election Sunday in Poland that is seen as an important test of populism in Europe after a campaign that exacerbated a conservative-liberal...
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Kanye West? Tim McGraw? Girl Scouts? All got PPP loans
WASHINGTON (AP) — The government’s small business lending program has benefited millions of companies, with the goal of minimizing the number of layoffs Americans have suffered in the face of the coronavirus pandemic. Yet the...
READ MORELevi’s to cut 700 office jobs due to virus-related slump
NEW YORK (AP) — Levi’s said Tuesday that it will cut 700 office jobs, or about 15% of its worldwide corporate workforce, as it deals with a sharp drop in sales due to the coronavirus pandemic. The San Francisco-based jeans maker...
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Italy, Portugal say economic forecasts show need for EU help
LISBON, Portugal (AP) — New forecasts predicting the European Union’s economy is headed for a steep decline underscore the need for quick approval of a proposed recovery fund to help its 27 member countries, the leaders of Italy and...
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