Business Stories from May 31, 2011 (Change date)
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Former Google CEO 'screwed up' on Facebook threatJun 02, 2011 6:50 am - SAN FRANCISCO — If he had another chance, former Google CEO Eric Schmidt would have pressed the Internet search leader to focus more on mounting a challenge to Facebook ...
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Pfizer asks EU to approve kidney cancer drugJun 02, 2011 7:56 am - NEW YORK — Pfizer Inc. said Wednesday it asked European Union regulators to approve its drug candidate axitinib as a treatment for kidney cancer. Pfizer wants approval t...
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Sweden's Saab gets new order from China's Pang DaJun 02, 2011 7:56 am - STOCKHOLM — Spyker NV's ailing Swedish unit Saab has received a new $22 million (€15 million) order from Chinese investor Pang Da. The cash order for 630 cars follows on...
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Toyota recalls 106,000 Prius carsJun 02, 2011 7:24 am - TOKYO — Toyota recalled 106,000 first-generation Prius hybrid cars globally on Wednesday for faulty steering caused by a nut that may come loose. The single minor accide...
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Iraq signs initial deal to develop Akkas gas fieldJun 02, 2011 7:56 am - BAGHDAD — An Iraqi official says South Korea's KOGAS has signed a long-delayed deal to develop a promising western gas field, near the Syrian border. Abdul-Mahdi al-Amee...
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Hulu to offer Miramax films to its subscribersJun 02, 2011 7:56 am - LOS ANGELES — Hulu said Wednesday that it will offer hundreds of Miramax films to some of its subscribers and select films through its ad-supported service as part of a ...
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Oil hovers above $102 amid weaker dollarJun 01, 2011 6:43 pm - Oil prices hovered above $102 a barrel Wednesday as traders eyed a weakening dollar and the possibility it could push crude back to 2-year highs. By early afternoon in E...
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Alcatel finalizing U.S. bribery settlement in MiamiJun 02, 2011 7:56 am - MIAMI — French telecommunications company Alcatel-Lucent SA is finalizing a settlement with the U.S. over bribes paid to officials in Costa Rica, Honduras, Malaysia and ...
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Manufacturing activity likely increased in MayJun 02, 2011 8:08 am - WASHINGTON — Manufacturing activity likely increased in May for the 22nd straight month, but at a slower pace than in April. The Institute for Supply Management's index ...
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Fears of economic slowdown hammers stocksJun 01, 2011 6:43 pm - NEW YORK — Fears that the economy is stalling sent the Dow Jones industrial average down 280 points, erasing more than a quarter of the stock market's gains for the year...
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