Business Stories from October 17, 2012 (Change date)
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Armstrong out as Livestrong head, loses sponsorsOct 18, 2012 1:22 pm - AUSTIN, Texas — Already an outcast in cycling after a massive doping report, Lance Armstrong absorbed hits much closer to home Wednesday: to his wallet and his heart. A...
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Navistar names PFI Group leader to boardOct 18, 2012 9:36 am - LISLE — Navistar International announced John C. (Jack) Pope has been appointed to the company’s board of directors, replacing David D. Harrison, who elected to retire a...
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Fire damages Wisconsin’s largest dairy farmOct 17, 2012 9:47 am - TOWN OF ROSENDALE, Wis. — A fire has damaged Wisconsin’s largest dairy farm. WLUK-TV reports the fire tore through one of the barns at Rosendale Dairy near the Fond ...
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Union: Indiana tech jobs at Cummins expected safeOct 17, 2012 9:47 am - COLUMBUS, Ind. — A union president says no layoffs are planned among the research, technical and support employees at Indiana operations as engine maker Cummins Inc. mak...
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Cleanup planned at old Indiana industrial siteOct 17, 2012 9:57 pm - TERRE HAUTE, Ind. — Officials say it’s going to cost more than double earlier estimates to clean up a former industrial site in western Indiana that’s contaminated with ...
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New Arctic research vessel enters final stages at Wisconsin builderOct 17, 2012 9:39 am - A new $200 million Arctic research vessel is nearly complete and marine researchers are looking forward to seeing it in Alaska waters in 2014. Chemical oceanographer Ter...
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After Pandit, a smaller Citi could get smaller yetOct 17, 2012 1:56 pm - NEW YORK — The incredible shrinking bank may have to shrink more. In the hours after Tuesday’s surprise announcement that Citigroup CEO Vikram Pandit was stepping down, ...
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Dutch firm ASML looks to buy US light beam makerOct 17, 2012 5:26 pm - AMSTERDAM — ASML Holding NV, the biggest supplier of equipment to semiconductor manufacturers, has offered to buy Cymer Inc. of the U.S. for around $2.55 billion in cash...
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PepsiCo’s profit dips amid turnaround pushOct 17, 2012 1:56 pm - NEW YORK — PepsiCo Inc. says its net income dipped 5 percent in the third quarter, as the food and beverage maker continued to pour more money into marketing to bolster ...
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Surge in US home construction could lift economyOct 18, 2012 9:36 am - U.S. home construction is making a comeback that could invigorate the economy’s still-weak recovery. Builders last month started construction on single-family houses and...