Business Stories from February 4, 2014 (Change date)
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Microsoft names cloud computing chief as next CEOFeb 04, 2014 3:23 pm - LOS ANGELES — Microsoft has named the head of its cloud computing business as the company’s next CEO, tapping a longtime insider to lead efforts to catch rivals in mobil...
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U.S. vehicle recalls hit 9-year high in 2013Feb 04, 2014 3:17 pm - DETROIT — Automakers recalled 21.9 million cars and trucks in the U.S. last year, a nine-year high. The National Highway Traffic Safety Administration says automakers in...
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Target data breach pits banks against retailersFeb 05, 2014 1:39 pm - WASHINGTON — Banks and big retailers are locked in a debate over the breach of consumer data that gripped Target Corp. during the holiday season. At issue: Which industr...
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Internet firms release data on NSA requestsFeb 04, 2014 7:26 pm - WASHINGTON — Major technology firms have released new data on how often they are ordered to turn over customer information to the government for secret national security...
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Google told to move San Francisco 'mystery' bargeFeb 04, 2014 8:28 am - SAN FRANCISCO — Google does not have the proper permits for a mystery barge at a construction site on an island in San Francisco Bay, a state official said, and must mov...
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Cable merger future-proofs against Internet's riseFeb 05, 2014 7:24 am - LOS ANGELES — When you buy a TV, sales clerks often pitch you on “future proofing” your set. Turns out, buying a cable TV company relies largely on the same principle. C...
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Senators to vote on farm law that keeps their benefits secretFeb 04, 2014 7:26 pm - Crop insurers successfully lobbied to keep several proposals out of the farm bill set to pass the U.S. Congress today -- such as a requirement that would have forced far...
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Asset sales weigh on BP’s Q4 earningsFeb 04, 2014 7:29 am - LONDON — BP PLC’s fourth-quarter profits fell 30 percent as the asset sales that it has pursued to compensate victims of the Gulf of Mexico oil disaster reduced producti...
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Shift in business focus boosts Panasonic earningsFeb 04, 2014 6:47 am - Associated Press OSAKA, Japan — Profit rose 20 percent at Panasonic Corp. in the October-December quarter as growth in businesses such as smart home systems offset its l...
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Toyota profit up 5-fold on weak yen, good salesFeb 04, 2014 7:38 am - TOKYO — Toyota Motor Corp. reported a more than fivefold jump in its quarterly profit Tuesday and raised its earnings forecast, crediting a weak yen and strong sales. T...