Business Stories from August 9, 2011 (Change date)
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Pay TV industry loses record number of subscribersAug 10, 2011 9:52 am - NEW YORK — The weak economy is hitting Americans where they spend a lot of their free time: at the TV set. They're canceling or forgoing cable and satellite TV subscript...
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Pay TV industry loses record number of subscribersAug 11, 2011 2:17 pm - NEW YORK — The weak economy is hitting Americans where they spend a lot of their free time: at the TV set. They're canceling or forgoing cable and satellite TV subscript...
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Macy's 2Q profit surges, boosts yearly outlookAug 10, 2011 2:00 pm - NEW YORK — Macy's Inc. reported a 64 percent increase in its second-quarter profit as its strategy of tailoring merchandise to local markets is helping to overcome an ov...
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Mortgage rates fall again, 30-year near record lowAug 11, 2011 3:18 pm - WASHINGTON — Fixed mortgage rates fell to at or near record lows. That's good news for the few who can afford to buy a home or are able to refinance. Freddie Mac says th...
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U.S. stock futures fall after best day since 2009Aug 10, 2011 1:48 pm - NEW YORK — U.S. stock futures are falling in the wake of the market's best day since 2009. Stocks surged Tuesday after the Federal Reserve pledged to keep its key intere...
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BofAmerica wins $5.2 M in Chicago 'Spire' default caseAug 11, 2011 2:17 pm - Bank of America Corp. won a $5.2 million judgment against Irish developer Garrett Kelleher and his Shelbourne Development Group Inc. for defaulting on a loan for the pla...
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Oil above $82 as Fed pledges low rates to 2013Aug 10, 2011 2:00 pm - PARIS — Oil prices rose above $82 a barrel Wednesday in Europe after the U.S. central bank said it will keep lending rates at record low levels for the next two years. B...
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Stocks plunge as attention returns to weak economyAug 10, 2011 2:12 pm - NEW YORK — Stocks plunged again Wednesday as investors turned their attention back to the weak economy and Europe's debt problems. More than half of the big gains that f...
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Capital One to buy HSBC U.S. credit card armAug 11, 2011 8:26 am - MCLEAN, Virginia — Capital One Financial Corp. said Wednesday that it will buy the U.S. credit card arm of Britain's HSBC for a premium of about $2.6 billion as a way to...
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Wholesale inventories rose in June for 18th monthAug 11, 2011 8:34 am - Wholesale inventories rose in June for 18th month MARTIN CRUTSINGER,AP Economics Writer WASHINGTON — Wholesale companies added more autos, machinery and computers to the...
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