Business Stories from May 21, 2012 (Change date)
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Market breaks losing streak, with China’s helpMay 21, 2012 5:27 pm - NEW YORK — Forget Facebook. This is still Apple’s stock market. Apple — the world’s most valuable company, the innovator that revolutionized the cell...
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Crain’s to launch online paywallMay 22, 2012 2:31 pm - Crain’s Chicago Business will launch a metered subscription plan for its ChicagoBusiness.com starting June 14, following the Daily Herald and the Chicago Sun-Times i...
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Say What? Kraft's name becomes a jokeMay 22, 2012 7:16 am - NEW YORK - "MONDEWHAAAAT?" The sarcasm was palpable in the one-word headline that appeared in The New York Post on the day after Northfield-based Kraft Foods revealed ...
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Where are Facebook friends? Stock sinks on 2nd dayMay 21, 2012 2:45 pm - Facebook's stock is tumbling well below its $38 IPO price in the social network's second day of trading as a public company on Monday. By early afternoon, the stock was...
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Eaton buying Cooper Industries in $11.46 billion dealMay 22, 2012 7:16 am - Associated Press CLEVELAND — Diversified manufacturer Eaton Corp. is buying Irish electrical equipment supplier Cooper Industries PLC in a cash-and-stock deal valued at ...
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EU gives Google ‘weeks’ to ease antitrust concernsMay 21, 2012 2:24 pm - BRUSSELS — The European Union says Google Inc. must in `’a matter of weeks” outline steps it is willing to take to ease concerns about alleged abuses of its dominant pos...
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Oil rises above $92 ahead of Iran nuclear talksMay 21, 2012 2:24 pm - SINGAPORE — Oil rose above $92 a barrel Monday in Asia ahead of talks this week aimed at avoiding a military conflict over Iran’s nuclear program. Benchmark oil for June...
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Europe faces difficult search for growthMay 21, 2012 2:24 pm - WASHINGTON — On paper at least, European leaders agree: They need stronger growth measures to help their economies expand out of their 2½-year-old government...
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Ultra-Orthodox hold large NYC meeting on Net risksMay 21, 2012 2:24 pm - NEW YORK — Tens of thousands of ultra-Orthodox Jewish men attended a rally Sunday at the New York Mets’ stadium on the dangers of the Internet and how to use m...
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Reports: Nasdaq ‘embarrassed’ at Facebook delayMay 22, 2012 5:25 am - NEW YORK — The CEO of the Nasdaq stock exchange says it is “humbly embarrassed” by its bungling of Facebook’s hugely anticipated debut as a public co...