Business Stories from February 27, 2013 (Change date)
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Bernanke defends Fed’s low-interest-rate policiesFeb 28, 2013 9:45 pm - WASHINGTON — Facing criticism from Republican lawmakers, Chairman Ben Bernanke stood behind the Federal Reserve’s low-interest-rate policies Wednesday and sought to reas...
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Airbus parent EADS sees Q4 earnings halveFeb 28, 2013 10:41 pm - BERLIN — Airbus parent company EADS NV posted a 47 percent drop in fourth-quarter net profit Wednesday after taking costly charges at its helicopter and defense electron...
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Target’s adjusted 4Q profit beats Street viewFeb 28, 2013 5:23 am - MINNEAPOLIS — Target’s Neiman Marcus collaboration did not turn out to be a holiday gift to the retailer. The No. 2 discount chain reported fiscal fourth-quarter net inc...
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Budweiser maker AB InBev reports lower Q4 profitFeb 27, 2013 3:12 pm - AMSTERDAM — Anheuser-Busch InBev NV, the world’s largest brewer, said Wednesday that profit fell 4.9 percent in the fourth quarter due to higher financing costs, and it ...
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House chairman sees possible immigrant citizenshipFeb 28, 2013 5:49 am - WASHINGTON — A key Republican House chairman said Wednesday he sees the need to bring illegal immigrants already in this country into legal status, and perhaps allow som...
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Indexes rise on retail gains, home sale surgeFeb 27, 2013 3:12 pm - NEW YORK — Stocks rose on Wall Street Wednesday, boosted by gains for discount retailers, after Dollar Tree posted strong earnings. More evidence that the housing market...
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Orders jump for key U.S. long-lasting factory goodsFeb 28, 2013 5:49 am - WASHINGTON — Orders for U.S. factory goods that signal business investment plans jumped last month by the most in more than a year, suggesting companies are confident ab...
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U.S. pending home sales rise to highest since 2010Feb 27, 2013 7:04 pm - WASHINGTON — A measure of the number of Americans who signed contracts to buy homes rose in January from December to the highest level in more than 2 ½ years. The increa...
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Obama, top lawmakers to meet Friday on budget cutsFeb 28, 2013 5:49 am - WASHINGTON — President Barack Obama will meet Friday with the top leaders in the House and Senate to discuss what to do about automatic cuts to the federal budget. The m...
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Report: Spending cuts could force runway closuresFeb 28, 2013 5:49 am - WASHINGTON — Automatic spending cuts could force some of the nation’s busiest airports to close runways, causing widespread flight delays and cancellations, the union re...