Business Stories from July 12, 2011 (Change date)
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GOP scraps hearing on financial inquiry panelJul 13, 2011 9:40 pm - WASHINGTON — A Republican-led House committee has postponed a hearing into GOP allegations of mismanagement on a commission that investigated causes of the financial cri...
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Stock rally fades as hopes dim for more stimulusJul 13, 2011 9:53 pm - NEW YORK — Comments from Fed Chairman Ben Bernanke set off a stock market rally early Wednesday, but it wasn't long before another Fed official cut it short. In testimon...
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Honda Civic still a strong contenderJul 13, 2011 9:40 pm - The new, ninth-generation Honda Civic sedan isn't the sexiest small car. But it's surprisingly roomy for a compact, has a quieter interior and a more compliant ride than...
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Bernanke: Fed would supply more stimulus if neededJul 13, 2011 9:53 pm - WASHINGTON — Federal Reserve Chairman Ben Bernanke told lawmakers Wednesday the Fed is ready to act if the economy gets weaker. He warned them that allowing the nation t...
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Motorola Solutions CEO makes returning cash to owners a priorityJul 13, 2011 3:13 pm - Motorola Solutions Inc., the maker of bar-code scanners, plans to make returning cash to investors a priority after selling its networks unit and shoring up its balance...
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Lawmaker: US airports are not secure enoughJul 13, 2011 9:40 pm - WASHINGTON — U.S. airports are still vulnerable to terror attacks, despite billions of dollars invested in security enhancements since 9/11, a Republican congressman sai...
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Capital One 2Q profit up, plans $2B stock offeringJul 13, 2011 9:40 pm - MCLEAN, Va. — Capital One Financial Corp. said Wednesday that its second-quarter profit climbed 50 percent as it made more money from deposits, loans and fees. The finan...
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Chrysler recalls 242,000 Ram pickup trucksJul 13, 2011 9:40 pm - Chrysler is recalling nearly 250,000 Ram pickups because a bad part in the steering system can cause drivers to lose control of the truck. The Ram is Chrysler's top-sell...
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Treasury prices edge down after auctionJul 13, 2011 9:40 pm - NEW YORK — Treasury bond prices are little changed, keeping interest rates near their lowest levels of the year. Traders kept up their purchases of bonds after an auctio...
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FDA: pelvic mesh for women riskier than thoughtJul 13, 2011 9:40 pm - WASHINGTON — Federal health officials say a product used in surgery to treat incontinence and other women's health problems causes far more complications than previously...
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