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AP Wire October 30, 2020

US consumer spending rose a moderate 1.4% in September

WASHINGTON — U.S. consumers increased their spending by 1.4% in September, a modest gain but far less than the big increases of late spring, adding…

AP Wire October 30, 2020

Exxon, Chevron lose $887 million as pandemic pain continues

NEW YORK — Exxon Mobil lost $680 million in the third quarter as the global pandemic curtailed travel throughout the world, diminishing the need for…

AP Wire October 30, 2020

German GDP saw 8.2% bounce-back in third quarter

BERLIN — The German economy bounced back strongly in the third quarter compared to the previous three months, when the country was hit by the…

AP Wire October 30, 2020

Chinese promise market opening amid technology push

BEIJING — China will promote “technological self-reliance” under the ruling Communist Party’s latest five-year plan but will open further to trade, officials said today. The…

AP Wire October 30, 2020

Colgate-Palmolive: 3rd quarter earnings snapshot

NEW YORK — Colgate-Palmolive Co. today reported third-quarter earnings of $698 million. On a per-share basis, the company said it had net income of 81…

AP Wire October 30, 2020

Under Armour: 3rd quarter earnings snapshot

BALTIMORE — Under Armour Inc. today reported third-quarter profit of $38.9 million. On a per-share basis, the company said it had net income of 9…

AP Wire October 30, 2020

Phillips 66: 3rd quarter earnings snapshot

HOUSTON — Phillips 66 today reported a third-quarter loss of $799 million, after reporting a profit in the same period a year earlier. The company…

Business October 30, 2020

MidWestOne reports steep net loss, driven by accounting charge

An Iowa City-based bank with a presence in Dubuque reported steep third-quarter losses, but officials emphasized the disparity was due entirely to an accounting charge….