Business Stories from January 17, 2013 (Change date)
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EBay’s 4Q performance caps company’s best year yetJan 17, 2013 9:23 am - SAN FRANCISCO — EBay finished last year with a flourish as bargain-hunting holiday shoppers flocked to its Internet shopping mall and digital payment service to help lif...
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UnitedHealth’s 4Q profit slips 1 pct as costs riseJan 17, 2013 6:16 am - UnitedHealth Group Inc.’s fourth-quarter net income slipped 1 percent, as growing medical costs countered revenue gains for the nation’s largest health insurer. The Minn...
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Fifth Third Bancorp’s Profit Increases 27% on Stake in VantivJan 17, 2013 6:16 am - Fifth Third Bancorp., Ohio’s largest lender, said fourth-quarter profit rose 27 percent as the firm booked a gain on a stake in Vantiv Inc. Net income jumped to $399 mil...
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Feds finalize protections for mortgage borrowersJan 17, 2013 9:23 am - WASHINGTON — The government’s consumer lending watchdog finalized new rules Thursday aimed at protecting homeowners from shoddy service and unexpected fees charged by co...
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Dubai plans Asian home for famed QE2 luxury linerJan 17, 2013 9:23 am - DUBAI, United Arab Emirates — After more than four years sitting idle in a Dubai port, the storied passenger liner Queen Elizabeth 2 is bound again for the high seas as ...
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Fewer U.S. homes repossessed by banks in 2012Jan 18, 2013 8:11 am - LOS ANGELES — Lenders took possession of fewer U.S. homes in 2012 than a year earlier, as the pace of new homes entering the path to foreclosure slowed and banks increas...
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Lithium batteries central to Boeing’s 787 woesJan 17, 2013 3:59 pm - WASHINGTON — Lithium batteries that can leak corrosive fluid and start fires have emerged as the chief safety concern involving Boeing’s 787 Dreamliner, a problem that a...
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BofA's earnings shrink on mortgage settlementsJan 17, 2013 6:17 am - NEW YORK — Bank of America says its fourth-quarter earnings shrank as it cleaned up old problems from its mortgage unit. The bank made $367 million in the last three m...
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Markets steady ahead of next batch of U.S. earningsJan 17, 2013 3:16 pm - LONDON — Stocks were flat-footed Thursday as investors awaited the next batch of U.S. corporate earnings to see if there's further momentum to the rally that has pushed...
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