Business Stories from February 5, 2013 (Change date)
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Energy Department funding phase 2 of FutureGenFeb 05, 2013 9:15 am - WASHINGTON — The U.S. Energy Department has announced it is going ahead with phase two of central Illinois’ FutureGen clean-coal project. In announcing the agreement wit...
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U.S. announcing charges in alleged credit card fraudFeb 05, 2013 9:03 am - NEWARK, N.J. — Federal authorities on Tuesday announced charges against 18 people in an alleged international credit card scam that officials say stole at least $200 mil...
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U.S. service firms grew more slowly in JanuaryFeb 06, 2013 6:32 am - WASHINGTON — Growth at U.S. service companies slowed slightly in January behind weaker new orders and business activity. But hiring improved, a bright sign for the econo...
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Obama seeks to avoid sequester with short-term fixFeb 05, 2013 8:25 pm - WASHINGTON — President Barack Obama will ask Congress to come up with tens of billions of dollars in short-term spending cuts and tax revenue to put off the automatic ac...
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Boeing asks permission to conduct 787 test flightsFeb 06, 2013 6:32 am - WASHINGTON — Federal regulators say they are evaluating a Boeing request to conduct test flights of its 787 Dreamliners, which were grounded nearly three weeks ago after...
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U.S. home prices rose last year by most in 6.5 yearsFeb 11, 2013 8:12 pm - WASHINGTON — U.S. home prices jumped by the most in 6 ½ years in December, spurred by a low supply of available homes and rising demand. CoreLogic, a real estate data p...
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Clydesdale foal in Super Bowl ad named HopeFeb 07, 2013 5:32 am - ST. LOUIS — The 3-week-old star of Budweiser’s Super Bowl ad now has a name: Hope. Anheuser-Busch said Tuesday that its contest to find a name for the foal born Jan. 16 ...
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Key Walgreen revenue metric climbs 3.7 pct in Jan.Feb 06, 2013 6:32 am - Deerfield-based Walgreen Co. brought in more revenue from established stores than Wall Street expected last month, as the nation's largest drugstore chain saw an increas...
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U.S. sues S&P over pre-crisis mortgage ratingsFeb 06, 2013 6:32 am - WASHINGTON — The U.S. government says Standard & Poor’s knowingly inflated its ratings on risky mortgage investments that helped trigger the 2008 financial crisis. The c...
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FDA allows generic version of scarce cancer drugFeb 05, 2013 8:23 am - WASHINGTON — Federal regulators say approval of the first generic version of cancer drug Doxil will help resolve a lingering shortage triggered by manufacturing deficien...