Business Stories from August 10, 2010 (Change date)
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CEO: Mexicana needs $100 million to keep flyingAug 10, 2010 11:00 pm - MEXICO CITY -- Mexicana airline's chief executive officer said Tuesday that the debt-ridden company needs an infusion of at least $100 million to keep flying. CEO Manue...
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T-Mobile USA loses 93,000 customers in 2nd quarterAug 10, 2010 11:00 pm - NEW YORK -- T-Mobile USA, the fourth-largest U.S. wireless carrier, said Thursday that it added crucial contract-signing customers even though it lost subscribers in the...
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Obama to sign manufacturing bill todayAug 10, 2010 11:00 pm - WASHINGTON -- The White House says President Barack Obama will sign a bill on Wednesday that will help U.S. manufacturers by reducing and suspending some tariffs on cer...
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Disney 3Q profit soars on ESPN, studio gainsAug 10, 2010 11:00 pm - LOS ANGELES -- The Walt Disney Co. said net income for the latest quarter jumped 40 percent from a year ago thanks to a huge boost from ESPN and a turnaround at its mov...
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Airline staffs hits record lows, with room to fallAug 10, 2010 11:00 pm - NEW YORK -- Full flights? Get used to them. Stressed flight attendants and call centers in India? Get used to those, too. While the current state of the U.S. airline ind...
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Sales up at Grainger this July, 21% over last yearAug 10, 2010 11:00 pm - Lake Forest-based W.W. Grainger reported sales results were up for the month of July. Grainger, a company that distributes facilities maintenance products, announced tha...
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AT&T: Google-Verizon internet plan 'reasonable'Aug 10, 2010 11:00 pm - AT&T Inc.'s wireless chief said he largely supports a proposal from Google Inc. and Verizon Communications Inc. for regulation of the Internet that would exclude mobile ...
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Cisco income up, but signs of slowing recoveryAug 10, 2010 11:00 pm - NEW YORK -- Cisco Systems Inc. reported stronger earnings in the latest quarter as its customers continued to catch up on delayed purchases of networking gear, but its C...
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BP delays Libyan offshore drillingAug 10, 2010 11:00 pm - LONDON -- BP is delaying plans to begin deepwater drilling off the Libyan coast. BP spokesman David Nicholas said on Wednesday that BP expects to begin exploratory drill...
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Oil prices fall on concerns about economy, demandAug 10, 2010 11:00 pm - Oil prices retreated for a second day on Wednesday as concern grows over whether consumers will spend more on energy in a sluggish economy. Benchmark crude for September...