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Business News

Location American Business News for 5 November 2020
US weekly jobless claims hit 751,000, exceeding economist forecasts as labor-market recovery slows Continuing claims, which track Americans receiving unemployment benefits, fell to 7.3 million for the week that ended October 24.
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Apple says the shift from Intel to ARM-based processors marks the Mac's fourth major transition, but will it really be a big change?
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Watch Dogs: Legion lets you play as anyone in a hacking group's attempt to lift oppression in the city of London.
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Better Living Through ... Biology?

Forbes - 5 Nov 2020 15:10
Better Living Through ... Biology? The microbe - in plants, soil, food, insect and animal guts and even in our own guts - has now become one of the hottest areas for innovation and investment in ag tech and animal health.
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Learn how cutting-edge computer architecture can unlock new AI capabilities, from common use cases to real-world case studies and more.
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Unemployment Claims Remain Above Pre-Pandemic Highs With No More Federal Aid In Sight Weekly jobless claims fell only sightly last week as the labor market's recovery stalls.
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Li Ka-Shing's CK Hutchison Nears Deal To Sell Tower Business To Cellnex For $12 Billion CK Hutchison is the latest telecom operator to carve out its infrastructure assets to reduce debt and raise funds to invest in 5G network upgrades.
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Electronic Arts revealed details of how gamers can play its games on next-generation game consoles launching next week.
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The 'Hidden' Market That Businesses Are Sitting On, But Don't Know It Many businesses are sitting on something of huge value to them, yet are unaware of it. Monetizing their after-hours capacity, or renting out supplementary workspace could be a goldmine for them, especially in today's res...
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Ushur, a startup developing conversational AI and workflow automation solutions for businesses, raised $25 million.
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Have You Got What It Takes To Be A Phoenix In The New, Never Normal? While the effects and the threat of the pandemic may recede in time, the economic, industrial and technology disruption that we have experienced is not going away any time soon. Are you and your firm equipped to deal wit...
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Razer is launching its Razer Book 13 productivity laptop with Intel 11th Gen Intel Core processors in a very thin case.
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Xbox Series X review -- True next-generation gaming

Venture Beat - 5 Nov 2020 16:00
Xbox Series X is everything you want from console hardware. It's fast, powerful, quiet, and capable of pushing the next generation of games.
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IN BARNS OR pens, or already in freezers, 40m American turkeys await their fate. More than half of the whole turkeys sold in America each year are eaten over Thanksgiving, which this year falls on November 26th. Most of ...
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U.S. election maps are wildly misleading, so this designer fixed them The most viral election map of 2020 was actually made by a Belgian man in 2019. It started with a tweet from Lara Trump. On September 28, 2019, the House of Representatives was preparing for impeachment hearings against ...
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Over 2.3 million small businesses are owned by baby boomers and they are closing shop or selling out due to the pandemic as they watch assets shrink.
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Provizio raised $6.2 million for its platform that seeks to apply autonomous technologies to vehicle safety systems.
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83 Tons of Fake Gold Bars Backing $3 Billion Loans in China: This Man Claims to Know the Truth The gold industry was shaken when it was discovered that 83 tons of fake gold bars were used to back loans worth 20 billion yuan in China. While Chinese authorities have not said whether the real gold exists or where it ...
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Our call of the day offers up several stocks that busy, distracted investors have been overlooking. Smead Capital Management's CIO says they are stocks to hold for the long run.
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The U.K. central bank warned of a GDP fall in the fourth quarter of 2020 because of new COVID restrictions, and more uncertainties ahead when the U.K. leaves the EU single market.
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Western Economies Embrace State Intervention, Emulating Asia

Wall Street Journal - 5 Nov 2020 13:00
Western Economies Embrace State Intervention, Emulating Asia Western governments are taking a page from their Asian rivals and moving away from the free-market doctrine that defined their economic thinking for decades, instead embracing greater state control of business activity.
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Michael Bloomberg spent $1 billion this election cycle and is coming away with huge losses The former presidential hopeful spent $115 million on ads in support of Joe Biden in Florida, Ohio, and Texas -- but Biden lost all three key states.
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