The White House coronavirus task force is slated to hold its first news briefing in nearly two months on Friday as new coronavirus cases continue to emerge in much of the country. Vice President Mike Pence will lead the briefing, according to the Department of Health and Human Services, but …
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European stocks rose on Friday, but gains were tempered by a record rise in coronavirus cases in the US Earnings for German business software group SAP SE boosted the index, while Swedish retailer Hennes & Mauritz AB pulled in the other direction after reporting weak sales. The Stoxx Europe 600 …
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Company administrators announced Friday that they had selected Bain Capital, the US private equity firm, to take over the company, two months after its collapse. Terms of the deal were not disclosed. Bain won over Cyrus Capital Partners, a New York-based investment firm, which had also submitted a binding offer. …
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Orders to US factories for high-value products recovered last month from a disastrous April and March when the US economy slowly began to reopen By PAUL WISEMAN AP Economics Writer June 25, 2020 1:46 PM 2 min read 2 min read Share on FacebookShare on TwitterEmail this article WASHINGTON – …
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WASHINGTON (AP) – The US economy contracted at a rate of 5.0% in the first quarter and much worse performance is expected in the current three-month period, when the coronavirus pandemic began to spread across the US USA The Commerce Department reported Thursday that the decrease in gross domestic product, …
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