Business Stories from January 2, 2013 (Change date)
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World's billionaires seek 'advantage' in 2013Jan 02, 2013 12:53 pm - The richest people on the planet got even richer in 2012, adding $241 billion to their collective net worth, according to the Bloomberg Billionaires Index, a daily ranki...
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Storm impedes salvage of grounded drilling shipJan 02, 2013 8:42 am - ANCHORAGE, Alaska — High seas and strong winds prevented crews from boarding an oil drilling ship to check for any damage after the large vessel went aground off an unin...
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Report: Small biz still cautious about borrowingJan 02, 2013 5:22 pm - NEW YORK — The erratic pace of borrowing by small businesses owners continued in November — a sign that they were still cautious about hiring. A report released Wednesda...
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Thieves break into Paris’ flagship Apple storeJan 02, 2013 6:21 am - PARIS — Masked and armed thieves used the New Year’s Eve fete to rob the flagship Apple store in Paris. The French press reported that up to (euro) 1 million ($1.3 milli...
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Avis buying Zipcar in deal worth nearly $500 millionJan 02, 2013 8:37 pm - PARSIPPANY, N.J. — Avis is buying Zipcar for $491.2 million, expanding its offerings from traditional car rentals to car sharing services. Car sharing has become a popu...
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Markets rally after US ‘fiscal cliff’ dealJan 02, 2013 12:01 pm - LONDON — Markets breathed a huge sigh of relief Wednesday that U.S. lawmakers agreed on a budget deal that will stop hundreds of billions of dollars in automatic tax inc...
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Ford brand tops 2 million sales in U.S. for second straight yearJan 02, 2013 7:55 am - Ford Motor Co.’s namesake brand will top 2 million vehicles in U.S. sales this year and its Focus compact car was the top-selling model line worldwide through September,...
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French panel overturns 75 percent tax on ultrarichJan 02, 2013 7:00 am - PARIS — Embattled French President Francois Hollande suffered a fresh setback when France’s highest court threw out a plan to tax the ultrawealthy at a 75 percent rate, ...
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China tainted-chicken probe may hurt profitJan 03, 2013 10:21 am - New Hope Liuhe Co., China’s biggest poultry meat producer, said sales and profits may be affected after a media report said one of its subsidiaries supplied broiler chic...
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Taxes to rise for most Americans despite cliff dealJan 03, 2013 2:00 pm - WASHINGTON — While the tax package that Congress passed New Year's Day will protect 99 percent of Americans from an income tax increase, most of them will still end up p...
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