Business Stories from December 20, 2012 (Change date)
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Hopes for new leader to pressure Bank of JapanDec 20, 2012 6:20 am - TOKYO — Hopes are high in Japan Inc. for the new prime minister. Stocks are recovering. The central bank is set to supercharge an already loose monetary policy. The soar...
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Peugeot, GM unveil joint-venture modelsDec 20, 2012 6:28 am - PSA Peugeot Citroen and GM have unveiled the first vehicles they will develop together as part of a joint venture they hope will reduce costs and re-energize their busin...
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Bernard Madoff brother to face victims in NY courtDec 20, 2012 7:12 am - NEW YORK — The suspense surrounding the sentencing of the brother of Ponzi king Bernard Madoff will largely be absent because a plea agreement makes a 10-year prison ter...
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Oil prices drop as US ‘fiscal cliff’ talks stallDec 20, 2012 10:13 am - By midday in Europe, benchmark crude for February delivery was down 10 cents to $89.88 per barrel in electronic trading on the New York Mercantile Exchange. The contract...
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U.S. budget talks keep markets nervousDec 20, 2012 6:28 am - AMSTERDAM — World markets were mixed Thursday as investors weighed an apparent turn for the worse in U.S. political leaders’ attempt to reach an agreement on fiscal poli...
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Government prepares to sell General Motors stockDec 20, 2012 6:24 am - DETROIT — The U.S. government’s short stint in the auto business is coming to an end. The Treasury Department said Wednesday that it will sell its remaining stake in Gen...
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U.S. Mint testing new metals to make coins cheaperDec 20, 2012 6:19 am - PHILADELPHIA — When it comes to making coins, the Mint isn’t getting its two cents worth. In some cases, it doesn’t even get half of that. A penny costs more than two ce...
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National biz magazine says Geneva is a great place to raise kidsDec 21, 2012 6:24 am - Geneva is basking in the glow of being named one of the top 50 places to raise a child in the United States by Bloomberg Businessweek magazine. Mayor Kevin Burns already...
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