Business Stories from December 7, 2012 (Change date)
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Coffee from an elephant’s gut fills a $50 cupDec 07, 2012 11:07 pm - GOLDEN TRIANGLE, Thailand — In the lush hills of northern Thailand, a herd of 20 elephants is excreting some of the world’s most expensive coffee. Trumpeted as earthy in...
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Ford hybrids don’t meet mileage claim, Consumer Reports saysDec 08, 2012 4:26 pm - Ford Motor Co.’s two newest hybrid models fell 17 percent to 21 percent short of the company’s promise of 47 mpg in tests by Consumer Reports, the biggest shortfall the ...
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Drop off old holiday lightsDec 07, 2012 4:58 pm - Mundelein is partnering with Elgin Recycling, Inc., for a free holiday light recycling program, which runs through Jan. 31. From 8:30 a.m. to 3:30 p.m., old holiday ligh...
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AIG expects $1.3B in losses related to hurricaneDec 08, 2012 4:26 pm - NEW YORK — AIG estimates it will take $1.3 billion in losses related to Superstorm Sandy, more than other major insurance companies have reported so far. New York-based ...
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Investors take 11th-hour revenue before tax changesDec 08, 2012 4:26 pm - WASHINGTON — Companies are rushing special payments to shareholders to take advantage of lower dividend tax rates before they go up Jan. 1. But investors should beware: ...
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Apple holds back S&P, Nasdaq; Dow ends higherDec 08, 2012 4:26 pm - NEW YORK — Apple spoiled the stock market’s party on Friday. Stocks shot higher in the early morning, after the government reported that the U.S. added jobs in November....
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Army Corps not budging on MississippiDec 08, 2012 4:26 pm - ST. LOUIS — The Army Corps of Engineers has turned back requests by federal lawmakers and the barge operators to release more water from the Missouri River, believing th...
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Legal pot complicates drug-free work policiesDec 08, 2012 4:26 pm - DENVER — Pot may be legal, but workers may want to check with their boss first before they grab the pipe or joint during off hours. Businesses in Washington state, wher...
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FDA panel opposes pure hydrocodone painkillerDec 07, 2012 3:59 pm - WASHINGTON — Government health experts overwhelmingly voted against a stronger version of hydrocodone, the powerful painkiller that is among the most widely abused medic...
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Consumer borrowing rises to record $2.75 trillionDec 07, 2012 3:15 pm - WASHINGTON — Americans swiped their credit cards more often in October and borrowed more to attend school and buy cars. The increases drove U.S. consumer debt to an all-...
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