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Nordstrom reports bigger-than-expected loss, still reeling from store closures
September 3, 2020August 28, 2020 wvprideorg

Nordstrom reports bigger-than-expected loss, still reeling from store closures

Business

Nordstrom Inc (JWN.N) reported a bigger-than-expected loss on Tuesday, as the COVID-19 pandemic shut its stores for about half of the reported quarter and consumers

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U.S., China reaffirm commitment to Phase 1 trade deal in phone call
September 2, 2020August 28, 2020 wvprideorg

U.S., China reaffirm commitment to Phase 1 trade deal in phone call

Business

Top U.S. and Chinese trade officials reaffirmed their commitment to a Phase 1 trade deal, which has seen China lagging on its obligations to buy

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Thiel-backed Palantir to go public via direct listing, reveals 2019 loss of $580 million
September 1, 2020August 28, 2020 wvprideorg

Thiel-backed Palantir to go public via direct listing, reveals 2019 loss of $580 million

Business

Palantir Technologies on Tuesday filed to go public through a direct listing, as the data analytics company known for working with the Central Intelligence Agency

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Honda Motor units to pay $85 million to settle U.S. states’ probe over Takata air bags
August 31, 2020August 28, 2020 wvprideorg

Honda Motor units to pay $85 million to settle U.S. states’ probe over Takata air bags

Business

Units of Honda Motor Co (7267.T) have agreed to pay $85 million to settle an investigation by most U.S. states into its use of defective

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J.Crew expects to emerge from bankruptcy early next month
August 30, 2020August 28, 2020 wvprideorg

J.Crew expects to emerge from bankruptcy early next month

Business

J.Crew Group Inc said on Tuesday it expects to emerge from Chapter 11 in early September, after a bankruptcy court accepted its restructuring plan. The

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Oil producers cut 84% of U.S. Gulf of Mexico output: U.S. regulator
August 29, 2020August 28, 2020 wvprideorg

Oil producers cut 84% of U.S. Gulf of Mexico output: U.S. regulator

Business

Oil producers cut 1.56 million barrels per day, or 84% of the daily output, from U.S. offshore Gulf of Mexico wells ahead of a hurricane

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U.S. consumer confidence at six-year low; underscores concerns about economic recovery
August 28, 2020 wvprideorg

U.S. consumer confidence at six-year low; underscores concerns about economic recovery

Business

U.S. consumer confidence dropped to a more than six-year low in August as households worried about the labor market and incomes, casting doubts on the

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