Business Stories from October 7, 2011 (Change date)
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Allstate closes $1 billion acquisition of Esurance, Answer FinancialOct 10, 2011 5:44 am - The Northbrook-based Allstate Corporation has completed its acquisition of Esurance and Answer Financial from White Mountains Insurance Group Ltd, for approximately $1 b...
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Oshkosh, union reach tentative agreementOct 07, 2011 7:00 am - OSHKOSH, Wis. ) — Oshkosh Corp. and union leaders have reached a tentative agreement on a new contract, which could avert a strike by more than 3,000 workers. The compa...
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Economy added 103,000 jobs in SeptemberOct 09, 2011 3:57 pm - WASHINGTON — The United States added 103,000 jobs in September, a burst of hiring that followed a sluggish summer for the economy. The figure at least temporarily calms ...
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For some protesters, Steve Jobs was an exceptionOct 08, 2011 8:55 am - NEW YORK — For weeks, a cluster of computerized protesters have camped in a park near Wall Street, telling the world how they believe America’s billionaires destroyed th...
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Greenspan says greek borrowing rates ‘not sustainable’Oct 07, 2011 1:50 pm - Former U.S. Federal Reserve Chairman Alan Greenspan said “at 2,000 basis points over bunds, the interest rates for Greece are not sustainable.” “Are they broke? Yeah, I ...
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Stocks dip on mixed jobs, Europe downgradesOct 09, 2011 3:57 pm - A three-day rally on the stock market faded Friday after a mixed jobs report and credit-rating cuts for Italy and Spain. The Dow Jones industrial average rose in the mo...
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EU approves Microsoft acquisition of SkypeOct 10, 2011 5:44 am - BRUSSELS — The European Commission approved Friday the proposed $8.5 billion acquisition of the Internet phone and video communication provider Skype by Microsoft Corp.,...
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AT&T opens high-tech store in SpringfieldOct 09, 2011 3:57 pm - AT&T today announced the opening of a high-tech retail store in Springfield. The store offers a unique way for customers to interact with and shop for a wide array of co...
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US stock futures rise after September jobs reportOct 07, 2011 2:01 pm - A three-day rally faded on Wall Street Friday after a mixed jobs report and credit-rating cuts for Italy and Spain. Indexes drifted between gains and losses in the morni...
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Manila’s airport found to be structurally flawedOct 07, 2011 6:25 am - MANILA, Philippines — A senior Philippine official says studies have found structural flaws in Manila’s newest airport terminal. Transportation and Communication Secreta...