Business Stories from March 7, 2013 (Change date)
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U.S. rate on 30-year mortgage ticks up to 3.52 pct.Mar 07, 2013 1:15 pm - WASHINGTON — Average U.S. rates on fixed mortgages were little changed this week, hovering near historic lows. Cheap mortgages have helped spur a recovery in the housing...
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Ford recalls 230,000 minivans to fix rust problemMar 08, 2013 7:08 am - DETROIT — Ford is recalling 230,000 minivans in 20 cold-weather states and Washington, D.C., to fix rust problems that can cause the third-row seats to come loose. The c...
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Kane County entrepreneur helps needy get dental helpMar 08, 2013 7:09 am - Joe Brennan launched Smiles for the People LLC, an online company that sells biodegradable bamboo toothbrushes to individuals and dentists and then donates to people in ...
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Weekly U.S. unemployment claims fall to 340,000Mar 08, 2013 12:42 pm - WASHINGTON — The number of Americans seeking unemployment aid fell to a seasonally adjusted 340,000 last week, driving down the four-week average to its lowest level in ...
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Navistar promotes executive Clarke to CEOMar 28, 2013 1:08 pm - Lisley-based Navistar, the truck and engine maker in the midst of a turnaround, on Thursday promoted its president and chief operating officer, Troy Clarke, to CEO. The ...
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Wisconsin lawmakers pass sweeping mining billMar 07, 2013 5:51 pm - MADISON, Wis. — Republicans in the Wisconsin Assembly approved a polarizing mining bill Thursday and sent the measure to Gov. Scott Walker for his signature, completing ...
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Facebook exec's new book urges women to 'lean in'Mar 08, 2013 2:15 pm - NEW YORK — For a book that has yet to be released, Sheryl Sandberg's “Lean In” — part feminist manifesto, part how-to career guide — has got a lot of people talking. In ...
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Time Warner spinning off Time Inc. magazinesMar 08, 2013 12:42 pm - LOS ANGELES — Time Warner Inc. said Wednesday that it will spin off the magazine unit behind Time, Sports Illustrated and People into a separate, publicly traded company...
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Gore sued over Current TV sale to Al-JazeeraMar 07, 2013 5:39 pm - SAN FRANCISCO — A television consultant claims that former Vice President Al Gore and others at Current TV stole his idea to sell the struggling network to Al-Jazeera. L...
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Unusual $50 million gift for writing at MichiganMar 07, 2013 7:18 am - ANN ARBOR, Mich. — The wife of billionaire real estate mogul Sam Zell is giving $50 million to support the University of Michigan’s acclaimed graduate writing program. T...