Business Stories from March 16, 2009 (Change date)
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Seattle P-I's last, commemorative edition hits the streetsMar 16, 2009 11:00 pm - SEATTLE -- The Seattle Post-Intelligencer published a thick commemorative issue tracing the history of Seattle's oldest newspaper as its final print edition. The last ed...
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General Growth gets reprieve on $2.58 billion in debtMar 16, 2009 11:00 pm - General Growth Properties Inc., the U.S. shopping mall owner trying to stave off bankruptcy, said lenders agreed to delay until Dec. 31 efforts to seek remedies to a def...
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Electric ATV maker hopes to tap farmers marketMar 16, 2009 11:00 pm - ASHLAND, Oregon -- Electric all-terrain vehicles may not impress the dune- and trail-riding crowd that rides for recreation, but a few small companies expect organic fa...
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Chemrec names former Siemens President LeBlanc new CEOMar 16, 2009 11:00 pm - Chemrec AB has named Richard J. LeBlanc of Libertyville as CEO of the Sweden-based biofuels innovation company, and as CEO of its new U.S. subsidiary, Chemrec USA Inc., ...
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Sears interim CEO earns $1.9 million in 2008Mar 16, 2009 11:00 pm - The interim chief executive at Sears Holdings Corp. saw his 2008 compensation sink by more than half in 2008, as the ailing retailer's profit plunged 94 percent, accordi...
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Adobe 1Q profit, sales drop, squeezed by downtownMar 16, 2009 11:00 pm - NEW YORK -- Adobe Systems Inc., the company behind the popular Photoshop software, posted a decline in its fiscal first-quarter profit and sales Tuesday, squeezed by the...
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Cut and paste and other iPhone enhancements comingMar 16, 2009 11:00 pm - CUPERTINO, Calif. -- Apple Inc. is updating its software for iPhones so that users can cut, copy and paste text -- a basic computing feature that many people had lamente...
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Housing starts surge; wholesale prices edge upMar 16, 2009 11:00 pm - WASHINGTON -- Housing construction posted a surprisingly large increase in February, bolstered by strength in all parts of the country except the West. While the surge i...
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Mortgage fraud reports up 26 percentMar 16, 2009 11:00 pm - WASHINGTON -- Illinois Attorney General Lisa Madigan says a new report on mortgage fraud illustrates how widespread the problem has become. A mortgage industry group say...
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Wall Street builds momentum on housing reportMar 16, 2009 11:00 pm - NEW YORK -- Investors restarted Wall Street's rally Tuesday, buying financial and homebuilder stocks following a surprisingly upbeat report on home construction. Major m...
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