Business Stories from January 3, 2013 (Change date)
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Retailers report higher December salesJan 03, 2013 1:08 pm - NEW YORK — A last-minute surge in spending helped many major retailers report better-than-expected sales in December, a relief for stores that make up to 40 percent of a...
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U.S. rate on 30-year mortgage slips to 3.34%Jan 04, 2013 5:23 am - WASHINGTON — Average U.S. rates on fixed mortgages moved closer to their record lows this week, a trend that has made home buying more affordable and helped sustain a ho...
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Stocks fade after Fed discloses split on stimulusJan 04, 2013 5:14 am - NEW YORK — A two-day rally in the stock market came to an end Thursday afternoon when an account of the Federal Reserve’s last meeting revealed a split between bank offi...
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Starbucks to open its first cafe in VietnamJan 03, 2013 1:08 pm - HANOI, Vietnam (AP) — Starbucks Corp. will open its first Vietnam cafe early next month in Ho Chi Minh City as part of its strategy to expand across Asia, the company sa...
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Chrysler reports best sales year since 2007Jan 03, 2013 1:08 pm - DETROIT — Chrysler’s U.S. sales jumped 21 percent last year, the carmaker’s strongest performance since 2007. The company’s impressive increase outpaced the U.S. auto in...
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Weekly U.S. jobless aid applications rise to 372KJan 03, 2013 8:31 am - WASHINGTON — More Americans sought unemployment benefits last week, though the winter holidays likely distorted the data for the second straight week. The Labor Departme...
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Hormel buying No. 2 peanut butter Skippy for $700MJan 03, 2013 8:31 am - NEW YORK — Hormel Foods apparently has a hankering for a peanut butter and bacon sandwich. The company primarily known for Spam and other cured, smoked and deli meats sa...
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U.S. employers add 215K jobs in December, survey saysJan 03, 2013 8:31 am - WASHINGTON — A private survey shows U.S. businesses sharply increased hiring in December, helped by a surge of new construction jobs created to help rebuild from Superst...
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Macy’s key revenue figure rises in DecemberJan 03, 2013 9:18 am - CINCINNATI — Macy’s said Thursday that revenue in stores open at least one year rose 4.1 in December, edging past Wall Street estimates. But the figure grew less than t...
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New Jersey Gov. Christie blasts Boehner, RepublicansJan 04, 2013 5:52 am - TRENTON, N.J. — Gov. Chris Christie’s blunt talk has long been one of his hallmarks. But Christie, who has verbally tangled with many, showed Wednesday he’s willing to ...