Business Stories from November 29, 2012 (Change date)
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Applications for U.S. jobless aid fall to 393,000Nov 30, 2012 6:40 am - WASHINGTON — The number of Americans seeking unemployment benefits fell 23,000 to a seasonally adjusted 393,000 last week. It was the second straight drop after Supersto...
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Rate on US 30-year mortgage ticks up to 3.32 pct.Nov 29, 2012 1:03 pm - WASHINGTON — Average U.S. rates on fixed mortgages stayed close to record lows this week, a trend that has made home buying more affordable and helped the housing market...
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Stocks rise and fall with twists in budget talksNov 30, 2012 6:38 am - NEW YORK — Optimism that a budget deal will be reached in Washington sent stocks modestly higher Thursday. A pair of economic reports also brightened the mood. The Dow J...
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U.S. pending home sales jump to nearly a 6-year highNov 30, 2012 6:40 am - WASHINGTON — An index measuring the number of Americans who signed contracts to buy homes in October jumped to nearly its highest level in almost six years. Steady job g...
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Retailers report weak sales gains for NovemberNov 30, 2012 6:56 am - NEW YORK — Black Friday was no match for Sandy. Major retailers such as Kohl’s, Target and Macy’s on Thursday reported weak sales in November as a strong start the holid...
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U.S. economy grew at 2.7 percent rate in summerNov 29, 2012 1:03 pm - WASHINGTON — The U.S. economy grew at a 2.7 percent annual rate from July through September, much faster than first thought. The strength is expected to fade in the fina...
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UK judge issues damning press verdictNov 29, 2012 1:03 pm - LONDON — Britain needs a new independent media regulator to eliminate a subculture of unethical behavior that infected segments of the country’s press, a senior judge sa...
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Northrop Grumman's Rolling Meadows Campus hosts USO Care Package Stuffing PartyNov 29, 2012 3:37 pm - More than 175 Northrop Grumman employees volunteered recently to give the military stationed overseas a reminder of home. Taking part in Operation USO Care Package, the ...
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Factory owner: I didn’t know fire exits neededNov 29, 2012 9:32 am - DHAKA, Bangladesh — The owner of a Bangladesh clothing factory where a fire killed 112 people says he was never informed the facility was required to have an emergency e...
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NY businessman pleads not guilty to fraud chargeNov 29, 2012 10:27 am - NEW YORK — A New York man arrested on criminal fraud charges after he claimed Facebook founder Mark Zuckerberg had years ago promised him half ownership in the company h...