Business Stories from May 3, 2017 (Change date)
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German jobless below 6 percent as employment remains strongMay 03, 2017 4:00 am - BERLIN (AP) - Germany's unemployment rate has dipped below 6 percent as the labor market in Europe's largest economy strengthens further in what is an election year. The...
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Congress rejects Labor Dept. rule for state retirement plansMay 03, 2017 6:30 pm - WASHINGTON (AP) - Congress has narrowly voted to overturn an Obama-era rule designed to guide states as they create retirement savings programs for low-income workers. T...
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Facebook tops Street 1Q forecastsMay 03, 2017 5:30 pm - MENLO PARK, Calif. (AP) - Facebook Inc. (FB) on Wednesday reported first-quarter profit of $3.06 billion. On a per-share basis, the Menlo Park, California-based company ...
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US colleges send warm welcome overseas amid dip in interestMay 03, 2017 3:30 pm - Many U.S. colleges and universities, seeing declining numbers of applications from overseas, are trying to reassure potential international students they will be welcome...
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Taco Bell sales jump; plans more fried chicken 'innovation'May 03, 2017 10:00 am - LOUISVILLE, Ky. (AP) - Taco Bell says a concoction made with a deep-fried chicken "taco shell" helped lure customers into its stores, and noted that it's planning more "...
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US firm in Iraq ignores smuggling, security risks for F-16sMay 04, 2017 9:06 am - WASHINGTON (AP) - An American company that was paid nearly $700 million to secure an Iraqi base for F-16 fighter jets turned a blind eye to alcohol smuggling, theft, sec...
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Delphi to spin off powertrain unit into separate companyMay 03, 2017 10:00 am - DETROIT (AP) - Automotive parts and electronics maker Delphi Corp. plans to spin off its vehicle powertrain operations into a separate publicly traded company. The Briti...
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Tesla 1Q loss widens on higher spending ahead of Model 3May 03, 2017 6:30 pm - DETROIT (AP) - Electric car maker Tesla's first-quarter loss widened 17 percent to $330 million as it ramped up spending ahead of the launch of its Model 3 sedan and its...
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General Mills names new CEOMay 03, 2017 9:30 am - NEW YORK (AP) - Packaged food giant General Mills says company veteran Jeffrey L. Harmening will take over as chief executive next month, replacing Ken Powell who is ret...
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Buffalo Restaurant reopening under previous ownershipMay 05, 2017 6:33 am - The Buffalo Restaurant and Ice Cream Parlor in Buffalo Grove is reopening this weekend under old management. Chris Papaioannou and his father, John Papaioannou, are resu...
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