New Orleans unemployment hits 18.8%, highest in Louisiana during April

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New Orleans unemployment hits 18.8%, highest in Louisiana during April

New Orleans lost 99,900 jobs compared in April compared to the year before and reached an unemployment rate of 18.8% as the coronavirus pandemic and stay-at-home order took a toll on the city so dependent upon tourism. Overall, the state lost 273,200 …
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Q4 GDP growth 3.1%: Was a revival on?

Economy expanded at 4.2% in FY20, the lowest rate since FY09, dragged down by manufacturing, construction, investment. Share · Next. The Q4FY20 growth rate was, of course, the lowest in 44 quarters. Related News. UPPCL seeks state guarantee for …
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Pfizer stock plunges 7% after breast cancer study halted

Pfizer Inc. PFE, +0.02% shares fell 7% in after-hours trading Friday after the company reported that a study of a potential breast-cancer treatment was halted because it was unlikely to achieve its goal. Pfizer said that a phase 3 study of palbociclib, also known …
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Preliminary agreement reached in Lufthansa bailout row: sources

BERLIN/FRANKFURT (Reuters) – Germany and Brussels have reached a preliminary agreement in the ongoing row over the 9 billion euro ($10 billion) bailout of carrier Lufthansa (LHAG.DE), two people familiar with the matter said. The people said Lufthansa …
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Fawcett nurses protest threats of HCA layoffs

PORT CHARLOTTE — More than 30 nurses from Fawcett Memorial Hospital protested alleged threats of pay cuts and layoffs Friday morning. The protest was organized by National Nurses United, a union that represents a majority of the 320 nurses at the …
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