Business Stories from November 14, 2012 (Change date)
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Liberal group outlines substantial Medicare cutsNov 14, 2012 12:53 pm - WASHINGTON — Trying to prevent a raid on health care programs in upcoming budget talks, a think tank close to the White House on Wednesday released a plan for significan...
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Stocks slide as impasse over budget deficit loomsNov 15, 2012 6:05 am - NEW YORK — Investors drew little hope Wednesday for a quick compromise in U.S. budget talks after President Barack Obama insisted that higher taxes on wealthy Americans ...
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U.S. wholesale prices fell 0.2 percent in OctoberNov 14, 2012 10:44 am - WASHINGTON — Wholesale prices fell in October as a big drop in gasoline and other energy prices offset a rise in the cost of food. Wholesale prices dipped 0.2 percent la...
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U.S. retail sales drop 0.3 percent in OctoberNov 15, 2012 6:05 am - WASHINGTON — Americans cut back on spending at retail businesses in October, an indication that some remain cautious about the economic outlook. Superstorm Sandy also de...
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Europe’s workers stage austerity protestsNov 14, 2012 10:29 am - BRUSSELS — Workers across the European Union sought to present a united front against rampant unemployment and government spending cuts Wednesday with a string of strike...
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Oil up slightly as US leaders face fiscal cliffNov 14, 2012 6:39 am - The price of oil rose marginally Wednesday as President Barack Obama pushed ahead with talks to try to resolve the impending “fiscal cliff” that could derail the fragile...
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Toyota recalls vehicles for steering, pump defectsNov 15, 2012 4:45 am - TOKYO — Toyota Motor Corp. is recalling 2.77 million vehicles around the world for a water pump problem and a steering shaft defect that may result in faulty steering — ...
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Obama pressing business and labor on fiscal cliffNov 14, 2012 1:17 pm - WASHINGTON — President Barack Obama is lobbying business and labor groups to support his plan to avoid an impending fiscal cliff, telling the two sides he remains commit...
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Markets roiled by Greek bailout delayNov 14, 2012 10:46 am - LONDON — Financial markets focused their attention on the future of Greece on Tuesday as the country’s creditors failed to agree on giving it the next installment of its...
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Microsoft's Windows chief leaves in power struggleNov 14, 2012 9:33 pm - SAN FRANCISCO — Microsoft CEO Steve Ballmer isn't going to let anyone get in his way. Not even his presumed heir apparent, who runs the software maker's Windows empire, ...