Business Stories from September 28, 2012 (Change date)
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U.S. stocks lower for week, up for quarterOct 02, 2012 5:38 pm - Stocks posted solid gains for the third quarter, although the ride got bumpy at the end. Stocks fell five days of the last six, including on Friday, the last trading day...
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Kodak plans to end consumer inkjet printer salesSep 29, 2012 10:12 am - NEW YORK — Kodak said Friday that it plans to stop selling consumer inkjet printers and will eliminate 200 more jobs than previously projected as it requested more time ...
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Higher gas costs push U.S. consumer spending upSep 28, 2012 8:27 pm - WASHINGTON — Americans boosted their spending in August even though their income barely grew. Much of the spending increase went to pay higher gas prices, which may have...
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Apple CEO on new maps app: ‘Extremely sorry’Oct 02, 2012 5:38 pm - NEW YORK — Apple CEO Tim Cook says the company is “extremely sorry” for the frustration its Maps application has caused and it’s doing everything it can to make it bette...
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Abbott executive named to head drug group has no college degreeSep 28, 2012 4:10 pm - Abbott Laboratories’ executive Richard Gonzalez, named to take the top spot at the pharmaceutical spinoff once the drug and medical device maker splits in two, never gra...
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Sony to buy Olympus stake as hirai seeks revival from lossesSep 28, 2012 11:33 am - Sony Corp., Japan’s largest consumer-electronics exporter, will invest 50 billion yen ($645 million) in Olympus Corp. as part of its strategy to move into the medical-eq...
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FDA warning public of risks of online pharmaciesOct 02, 2012 5:38 pm - The Food and Drug Administration is warning the public that most Internet pharmacies are fraudulent, selling drugs that likely are counterfeit and could harm or even kil...
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Starbucks to open first India store in OctoberOct 02, 2012 5:38 pm - MUMBAI, India — Starbucks will open its first outlet in India by the end of October in an upscale neighborhood of Mumbai and has appointed a chief executive to head its ...
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Eurozone inflation in surprise rise in SeptemberOct 02, 2012 5:38 pm - LONDON — Inflation in the 17 countries that use the euro rose unexpectedly to a six-month high in September, official figures showed Friday, weakening expectations of an...
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WTO agrees to probe U.S. Anti-subsidy duties on Chinese importsSep 28, 2012 7:57 am - The World Trade Organization will decide whether U.S. anti-subsidy duties affecting $7.3 billion of Chinese products such as solar panels, thermal paper, wind towers and...