Business Stories from July 24, 2011 (Change date)
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Dozens of airport construction projects haltedJul 25, 2011 3:28 pm - Dozens of airport construction projects across the country are on hold and thousands of federal employees are not working because Congress failed to pass legislation to ...
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Exxon's Joliet oil refinery releases gases on equipment failureJul 26, 2011 4:45 am - Exxon Mobil Corp.'s Joliet refinery in Illinois released gases from a flare stack because of equipment malfunction, according to a filing with the National Response Cent...
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More airlines raise fares to grab tax savingsJul 26, 2011 2:08 pm - DALLAS — The great tax holiday of 2011 for air travelers is just about over. By Monday, most U.S. airlines had raised fares to grab the benefit of lower federal taxes on...
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Moody's warns Greek default virtually 100 percentJul 25, 2011 1:20 pm - ATHENS, Greece — Moody's downgraded Greece's bond ratings by a further three notches Monday and warned that it is almost inevitable the country will be considered to be ...
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FedEx CEO's total fiscal 2011 pay falls 2 percentJul 25, 2011 1:20 pm - NEW YORK — FedEx's CEO's compensation fell 2 percent in 2011, mostly because his perks were worth less than in 2010, an Associated Press calculation shows. Fred Smith, w...
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IRS eases liability rule for spouse's tax debtJul 25, 2011 1:20 pm - WASHINGTON — The Internal Revenue Service is making it easier for some "innocent spouses" to escape liability for their husband's or wife's tax debt. Under the law, taxp...
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Analysts see oil rising if US defaults on debtJul 25, 2011 2:31 pm - NEW YORK — If the U.S. defaults on its debt, it would send shockwaves through oil markets that could push fuel prices higher, analysts said Monday. Experts disagree abou...
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E-Trade shares up as shareholder urges saleAug 02, 2011 12:51 pm - NEW YORK — Shares of E-Trade Financial Corp. surged Monday after reports said that a larger rival was considering a bid for the online brokerage, just a few days after i...
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Treasurys dip as debt ceiling debate continuesJul 25, 2011 2:55 pm - NEW YORK — Treasury bond prices are edging lower as Washington continues to debate plans to raise the nation's debt ceiling before an Aug. 2 deadline. A failure to raise...
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Federal judge: biofuels deal was a scamAug 02, 2011 12:49 pm - NATCHEZ, Miss.— A federal judge agrees with regulators' charges against a man who claimed he had developed a revolutionary process to more than double fuel production fr...