Business Stories from July 3, 2012 (Change date)
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Wheaton approves luxury apartment plansJul 04, 2012 7:29 am - Wheaton officials have approved plans for a luxury apartment complex downtown and reached an agreement with the developer to reimburse about 2 percent of the costs assoc...
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Olive-oil proudction could plunge by 37% in SpainJul 05, 2012 6:54 am - Spanish olive-oil production may plunge 37 percent in the year through September 2013 after dry conditions stressed olive trees and as trees need to recover following th...
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Target, Wal-Mart on Canadian hiring bingeJul 05, 2012 6:54 am - Target Corp. and Wal-Mart Stores Inc. plan to hire tens of thousands of workers in Canada over the next two years, increasing pressure on domestic retailers from Sears C...
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Spin meter: Meet the health care taxJul 05, 2012 6:54 am - WASHINGTON — It looks like a tax, smells like a tax, and the Supreme Court says it must be a tax. But politicians in both parties are squirming over how to define the Th...
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Ford’s U.S. sales up 7 pct in JuneJul 03, 2012 10:53 am - DETROIT — Ford Motor Co. says its U.S. sales rose 7 percent in June on strong demand for the new Escape SUV. Sales of the new Escape, which debuted last month, were up 2...
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Barclays CEO Bob Diamond falls on swordJul 04, 2012 7:11 am - LONDON — He was a poster boy for corporate arrogance, telling Parliament last year that the time for bankers to apologize had passed. Now Bob Diamond is just the latest ...
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Duke, Progress complete energy merger; Progress CEO outJul 03, 2012 10:54 am - CHARLOTTE, N.C. — Duke Energy and Progress Energy have completed their $13.7 billion merger to form the nation’s largest electric company. But the normally routine event...
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U.S. stocks slightly higher before holidayJul 03, 2012 1:57 pm - NEW YORK — Stocks rose Tuesday after the government reported higher factory orders for May. The major U.S. stock indexes moved slightly higher in early trading. The Dow ...
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FDA lays out medical device identifier systemJul 03, 2012 10:25 am - WASHINGTON — Federal health regulators are proposing a new system to track millions of medical devices used in the U.S., an effort which they say will help protect patie...
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General Motors’ U.S. sales up 16 pct in JuneJul 03, 2012 10:08 am - DETROIT — General Motors Co. said its U.S. sales rose 16 percent in June on solid demand for small and midsize cars. Sales of the Chevrolet Volt electric car more than t...