Business Stories from February 14, 2013 (Change date)
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Buffett's firm dips into $23billion Heinz ketchup dealFeb 15, 2013 6:27 am - NEW YORK — Billionaire investor Warren Buffett is dipping into the ketchup business as part of $23.3 billion deal to buy the Heinz ketchup company. H.J. Heinz Co. says i...
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Mondelez 4Q profit falls short of expectationsFeb 15, 2013 6:49 am - Shares of Deerfield-based Mondelez International Inc. dropped in after-hours trading Wednesday after the maker Oreo, Cadbury and Nabisco said sales didn’t grow as strong...
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UK: Horse drug may have entered human food chainFeb 15, 2013 8:58 am - LONDON — Six horse carcasses that tested positive for an equine painkiller may have entered the human food chain in France, Britain’s food regulator announced Thursday —...
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Passengers slog home after 'horrible' Gulf cruiseFeb 15, 2013 3:57 pm - Passengers who finally escaped the disabled Carnival cruise ship Triumph were on the move early Friday, some checked into the comfort of hotels, others on buses or heade...
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American Airlines at a glanceFeb 14, 2013 6:53 am - AMR Corp. HEADQUARTERS: Fort Worth, Texas. HUBS: Dallas-Fort Worth, Chicago, Miami, New York, Los Angeles. CEO: Tom Horton. YEAR FOUNDED: 1930, as American Airways;...
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Obama, business groups differ on minimum wage planFeb 15, 2013 6:49 am - WASHINGTON — President Barack Obama says raising the minimum wage to $9 an hour and tying future increases to inflation will boost the incomes of millions living in pove...
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Cattle disappearing amid drought signals beef rallyFeb 15, 2013 7:40 am - Bill Donald, the third-generation owner of Cayuse Livestock Co., sold the calves he raised early last summer and cut purchases of cattle after pastures dried up. The her...
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Nestle makes $11.55 billion profit in 2012Feb 14, 2013 4:01 pm - VEVEY, Switzerland — Nestle SA, the world’s biggest food and drinks maker, predicted another challenging year ahead but overcame tough global economic conditions to post...
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General Motors posts $898M 4Q net profitFeb 14, 2013 12:57 pm - DETROIT — General Motors says its fourth-quarter net profit nearly doubled as it made a dizzying array of accounting moves due to tax credits and devaluing European asse...
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PepsiCo 4Q results top Wall Street’s expectationsFeb 15, 2013 6:49 am - NEW YORK — PepsiCo says its fourth-quarter net income rose 17 percent on higher prices and strength in Latin America. The drink and snack maker’s earnings and revenue be...