Business Stories from February 5, 2016 (Change date)
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Honda's latest air bag recall to total 5.7 million carsFeb 05, 2016 12:56 pm - TOKYO (AP) - Honda Motor Co. said Friday that it would recall 5.7 million cars worldwide in the latest round of recalls involving Takata Corp. air bag inflators that can...
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EPA: Mine spill dumped 880,000 pounds of metals in riverFeb 05, 2016 6:01 pm - DENVER (AP) - A 3 million-gallon spill from a southwestern Colorado gold mine last year may have dumped more than 880,000 pounds of metals into the Animas River, the U.S...
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Furniture giant IKEA loses its trademark in IndonesiaFeb 05, 2016 12:33 pm - JAKARTA, Indonesia (AP) - There is Samsung of South Korea, Sony of Japan, BMW of Germany and IKEA of Indonesia. Wait! IKEA of Indonesia? Yes, at least in Indonesia, if n...
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Congress unites in scorn for Shkreli, but gridlock remainsFeb 05, 2016 1:01 pm - WASHINGTON (AP) - A smirking Martin Shkreli briefly united Democrats and Republicans on Capitol Hill this week, as lawmakers took turns blasting the price-hiking former ...
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Burberry to slash number of catwalk shows, speed up salesFeb 05, 2016 8:01 am - LONDON (AP) - Luxury fashion retailer Burberry says it will combine its menswear and womenswear catwalk shows into a single presentation, and slash the amount of time it...
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Grain lower, livestock mixedFeb 05, 2016 9:01 am - CHICAGO (AP) - Grain futures were lower Friday in early trading on the Chicago Board of Trade. Wheat for March delivery was 5.25 cents lower at $4.6740 a bushel; March c...
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Recalls this week: power cords, vacuum cleanersFeb 05, 2016 2:31 pm - More than 2 million Microsoft power cords that can overheat and emit flames are among this week's recalled consumer products. Others include vacuum cleaners with cord pl...
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Chinese-led investors plan to buy Chicago Stock ExchangeFeb 05, 2016 12:01 pm - NEW YORK (AP) - The Chicago Stock Exchange, founded more than a century ago, said it has agreed to be acquired by a Chinese-led investor group. The buyers are considerin...
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JC Penney looking at possible HQ sale and partial leasebackFeb 05, 2016 8:01 am - NEW YORK (AP) - J.C. Penney is considering selling and partially leasing back its headquarters to help lower debt and create long-term savings. The department store oper...
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Italian banks hit by concerns over bad loansFeb 05, 2016 10:31 am - MILAN (AP) - Italian banking shares are getting battered this year as the government tries to bundle and dispose of billions of euros in bad loans while attempting to re...