Business Stories from June 30, 2011 (Change date)
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Oil slips below $95 on China production slowdownJul 01, 2011 7:39 am - Oil dipped below $95 per barrel Friday after China reported that manufacturing rose at the slowest pace in over two years in June, pointing to a possible slowdown in ene...
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'FarmVille' creator Zynga to go publicJul 02, 2011 1:27 pm - NEW YORK — Zynga, the online game maker behind "FarmVille" and other popular Facebook pastimes, is going public, the latest in a crop of high-valued Internet IPOs expect...
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Strauss-Kahn free from house arrest; charges standJul 02, 2011 1:27 pm - NEW YORK — Smiling faintly as he walked out of court, former IMF chief Dominique Strauss-Kahn was released from house arrest Friday after prosecutors acknowledged seriou...
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The economic recovery turns 2: Feel better yet?Jul 02, 2011 1:17 pm - WASHINGTON — This is one anniversary few feel like celebrating. Two years after economists say the Great Recession ended, the recovery has been the weakest and most lops...
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Auto supplier American Axle to close Detroit plantJul 01, 2011 9:53 am - DETROIT — American Axle & Manufacturing Holdings Inc. says it will close its Detroit manufacturing complex as early as February. Thursday's announcement follows six mont...
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Stocks close huge week with rally; Dow up 168Jul 02, 2011 1:21 pm - NEW YORK — So much for that soft patch. A rebound in U.S. manufacturing surprised investors Friday, sending the Dow Jones industrial average up nearly 170 points. The D...
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General Mills completes $1.2B Yoplait buyJul 01, 2011 12:09 pm - NEW YORK — General Mills Inc. said Friday its $1.2 billion acquisition of a controlling stake in yogurt company Yoplait is complete. The cereal maker now owns 51 percent...
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Japan pledges to double sales taxJun 30, 2011 6:49 am - Japanese Prime Minister Naoto Kan’s government modified a pledge to double the nation’s 5 percent sales tax by 2015 after some ruling party members said a specific deadl...
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Caterpillar to add 200 jobs to GeorgiaJun 30, 2011 10:08 am - Caterpillar Inc. is investing $120 million in its Spalding County facility and expects to create at least 200 more jobs in Georgia. The Peoria, Ill.-based company is upg...
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Ill. group gets $1.4 million to help migrantsJun 30, 2011 12:32 pm - The U.S. Department of Labor is giving an Illinois group $1.4 million to provide job training and other services to migrant farmworkers. The department said Wednesday th...