Business Stories from December 5, 2011 (Change date)
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Packers’ stock offer first since ‘97Dec 07, 2011 12:05 pm - MADISON, Wis. — The Green Bay Packers’ latest stock sale got off to a fast start Tuesday as fans snatched up more than a thousand shares in the opening moments. Packers ...
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House to return Monday for tax-break voteDec 07, 2011 1:22 pm - SPRINGFIELD — Illinois House lawmakers are scheduled to return to the Capitol Monday in yet another effort to approve tax breaks for Sears Holdings Corp., CME Group and ...
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U.S. Aviation Chief Babbitt Resigns After Weekend DUI ArrestDec 07, 2011 12:40 pm - Federal Aviation Administrator Randy Babbitt resigned one day after a Dec. 3 arrest for driving while intoxicated forced him to go on administrative leave. U.S. Transpor...
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Chevron may spend $30 billion on border oil fieldDec 06, 2011 6:21 am - Chevron Corp. may invest $30 billion to $40 billion in an effort to add at least 5 billion barrels of crude reserves to an oil field shared by Saudi Arabia and Kuwait, t...
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Conoco Phillips says high price may inhibit U.S. Lng exportsDec 06, 2011 6:21 am - North American exports of liquefied natural gas may be hindered by the costs to produce and transport the fuel, according to ConocoPhillips. “There is potential for the ...
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Kuwait emir issues decree dissolving parliamentDec 06, 2011 6:21 am - Kuwait’s ruler issued a decree dissolving parliament, the state news agency Kuna reported. ...
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German industrial orders rebound sharplyDec 06, 2011 6:13 am - BERLIN — Industrial orders in Germany rebounded sharply in October, helped by a strong increase in demand from the eurozone and other foreign countries. The Economy Mini...
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Toll Brothers’ 4Q profit falls, tops Wall St. viewDec 06, 2011 6:13 am - HORSHAM, Pa. — Toll Brothers Inc.’s fiscal fourth-quarter net income slid 70 percent, partly because last year’s quarter was helped by a large tax benefit. Still, the p...
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1,400 layoffs to hit the stateDec 07, 2011 6:09 am - More than 1,400 jobs could be eliminated by early next year as 11 Illinois companies, including some in the suburbs, plan closures and layoffs, according to information ...
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Geithner pushes EU to agree planDec 07, 2011 5:53 am - BERLIN — European nations were pressed Tuesday by a credit downgrade threat and the U.S. Treasury chief to deliver on markets’ huge hopes for a solution to the 2-year-ol...