Business Stories from July 26, 2012 (Change date)
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California still dominates foreclosure sceneJul 26, 2012 1:16 pm - IRVINE, Calif. — California is still dominating the foreclosure scene. California cities made up seven of the top 10 metro areas with the highest rates of new foreclosur...
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News Corp buys stake in Web video player RokuJul 26, 2012 6:43 pm - LOS ANGELES — News Corp. is taking a stake in Internet video streaming set-top box maker Roku Inc. and putting one of its senior executives on Roku’s board of directors ...
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Nissan profit down 15 percent, hurt by strong yenJul 26, 2012 12:34 pm - TOKYO — Nissan said Thursday its quarterly profit fell 15 percent from a year earlier as the strong yen bit into car sales. The Yokohama-based company reported a 72.3 bi...
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UK tries to drum up business ahead of OlympicsJul 26, 2012 10:24 am - LONDON — The British government is trying to drum up business, a day after figures showed the country’s economy is in a deeper recession than previously thought. On the ...
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Survey: German consumer confidence stableJul 26, 2012 7:23 am - BERLIN — A new survey shows that consumer confidence in Germany, Europe’s biggest economy, remains stable despite increasing worries that the country will be dragged dee...
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Hopes for ECB action help European marketsJul 26, 2012 10:24 am - LONDON — European stocks recovered Thursday as hopes for central bank action to ease the financial crisis tempered worries that the economic downturn is hurting corporat...
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Weaker demand pressures Dow Chemical 2QJul 26, 2012 7:22 am - MIDLAND, Mich. ) — Dow Chemical Co. says its second-quarter net income fell 34 percent as weaker demand led to lower prices. Softness in Europe and a stronger dollar als...
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Soda companies racing for a new sweet spotJul 26, 2012 2:59 pm - NEW YORK — Coke and Pepsi are chasing the sweet spot: a soda with no calories, no artificial sweeteners and no funny aftertaste. The world’s top soft drink companies hop...
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