Business Stories from January 29, 2014 (Change date)
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Abbott Laboratories makes job cutsJan 30, 2014 11:00 am - Abbott Laboratories is trimming its workforce in an effort to reduce expenses. The Libertyville Township-based global health care company would not say how many employee...
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Yahoo’s 4Q results dragged down by revenue dropJan 29, 2014 7:00 am - SAN FRANCISCO — Yahoo CEO Marissa Mayer insists the long-stumbling Internet company has finally regained its stride, even though its revenue is still stuck in reverse. T...
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Senate may delay flood insurance rate hikeJan 29, 2014 8:58 pm - WASHINGTON — Flood insurance rate increases for hundreds of thousands of people would be put off under a bill on track to pass the Senate. Its future remains uncertain i...
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Farm bill passes House after years of disagreementJan 30, 2014 8:15 am - WASHINGTON — After years of setbacks, a nearly $100 billion-a-year compromise farm bill cleared the House on Wednesday despite strong opposition from conservatives who s...
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Saudi airline to fly to Los Angeles in MarchJan 29, 2014 6:35 am - RIYADH, Saudi Arabia — Saudi Arabian Airlines says it will begin operating direct flights to Los Angeles’s LAX airport by March 31. Saudia, the kingdom’s national carrie...
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Angry Birds site hacked after surveillance claimsJan 29, 2014 11:36 am - HELSINKI — Angry Birds creator Rovio Entertainment Ltd. says the popular game’s home pages have been hacked, two days after reports that the personal data of its custome...
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Nintendo profit falls on sluggish Wii U salesJan 29, 2014 1:09 pm - TOKYO — Profit at Nintendo Co. fell 30 percent in the first nine months of the fiscal year as sales of Wii U home consoles, 3DS devices and game software languished. Top...
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Wage hike for federal contract workers limitedJan 29, 2014 11:36 am - WASHINGTON — President Barack Obama’s plan to raise the minimum wage for federal contract workers is winning praise from unions and labor activists. But it could take a ...
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AT&T posts 4Q profit, higher revenueJan 29, 2014 6:47 am - DALLAS — AT&T is posting stronger-than-expected earnings for the final quarter of 2013, helped by higher revenue from mobile and Internet service subscribers. AT&T Inc....
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Fed to reduce pace of bond buying by another $10BJan 30, 2014 9:40 am - WASHINGTON — Given the U.S. economy’s growing strength, the Federal Reserve pushed ahead Wednesday with a plan to shrink its bond-buying program, even though the prospec...