Business Stories from January 10, 2013 (Change date)
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BMW says sales up nearly 11 percent in 2012Jan 10, 2013 10:10 pm - BERLIN — Automaker BMW AG says its worldwide sales rose nearly 11 percent to a new record last year, helped by strong demand in China and the U.S. for its luxury cars. T...
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Schmidt joins elite few to glimpse net in NKoreaJan 10, 2013 3:34 pm - (AP) — Google chairman Eric Schmidt’s glimpse of the Web being used at a top university in Pyongyang makes him part of a tiny elite that has seen the Internet in North K...
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ECB expected to leave rates at record lowJan 10, 2013 8:32 am - FRANKFURT, Germany — Europe’s stalled economy won’t get more help Thursday from the European Central Bank, which is expected to hold off cutting interest rates as it wai...
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Obama picks Lew for Treasury as fiscal issues loomJan 11, 2013 8:09 am - WASHINGTON — For 30 years, Jack Lew has had a hand in some of the biggest economic deals negotiated in Washington. What awaits him if he’s confirmed as treasury secretar...
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Investors welcome positive start to US earningsJan 10, 2013 8:32 am - A positive start to the U.S. corporate earnings season and a sharp improvement in China’s monthly trade helped boost world markets Thursday. Stock indexes rose after a h...
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Japan revs up stimulus, aiming at economic reboundJan 10, 2013 11:07 am - TOKYO — Japan’s ruling Liberal Democratic Party is in the final stages of drafting fresh stimulus spending reportedly totaling more than 20 trillion yen ($227 billion), ...
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New federal rules aim to curb risky mortgagesJan 10, 2013 5:01 pm - Federal regulators for the first time are laying out rules aimed at ensuring that mortgage borrowers can afford to repay the loans they take out. The rules being unveile...
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NYC firm hit hard on 9/11 gives $10M in Sandy aidJan 11, 2013 8:09 am - NEW YORK — The New York City brokerage firm that lost 658 employees in the Sept. 11 terror attacks announced that it will “adopt” 19 schools in communities hit hard by S...
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