Business Stories from December 20, 2011 (Change date)
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Bank of America in $335M settlement over Countrywide loansDec 22, 2011 5:52 am - Bank of America agreed to pay $335 million to resolve allegations that its Countrywide unit engaged in a widespread pattern of discrimination against qualified African-A...
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U.S. stock-index futures rise as ECB eases squeeze in bank fundsDec 21, 2011 5:59 am - U.S. stock futures rose, indicating the Standard & Poor’s 500 Index will extend yesterday’s rally, as the European Central Bank agreed to lend more money than economists...
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European Central Bank lends banks $639 billion over 3 yearsDec 22, 2011 5:53 am - FRANKFURT, Germany — The European Central Bank flipped its credit tap wide open Wednesday to help Europe's troubled banking system, allowing hundreds of nervous banks to...
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Walgreen 1Q profit drops on Express Scripts fightDec 22, 2011 4:31 am - NEW YORK — Walgreen's first-quarter earnings fell more than 4 percent due in part to a slow flu season and its split with the Express Scripts pharmacy network. A three-...
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Pizza pub to replace Hackney’s in WheelingDec 21, 2011 8:12 pm - A new pizza restaurant will be coming to the vacant former Hackney’s building on Milwaukee Avenue in Wheeling next spring. D’Agostino’s Pizza, which has four locations a...
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Weak results from Oracle drag down tech sharesDec 22, 2011 4:31 am - NEW YORK — Technology stocks fell Wednesday, dragged down by a weak earnings report from the business software maker Oracle Corp. Broad market indexes were flat. The Do...
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White Castle considers alcohol salesDec 21, 2011 11:45 pm - COLUMBUS, Ohio — White Castle, a 90-year-old hamburger chain known for its square “slider” burgers, is sipping on the idea of offering alcoholic beverages as it tests be...
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Economy ends tough 2011 on a surprising upswingDec 22, 2011 5:52 am - WASHINGTON — The economy is ending 2011 on a roll. The job market is healthier. Americans are spending lustily on holiday gifts. A long-awaited turnaround for the depres...
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Harley looking for volunteer layoffs in WisconsinDec 21, 2011 1:31 pm - MENOMONEE FALLS, Wis. — Harley-Davidson employees in Wisconsin must decide this week whether they want to volunteer for layoffs. The motorcycle maker expects to begin re...
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Home purchases up, but earlier sales look weakerDec 22, 2011 4:31 am - WASHINGTON — The number of Americans who bought previously occupied homes rose last month. But the National Association of Realtors says it overstated more than 3 millio...
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