Business Stories from May 31, 2011 (Change date)
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Former Google CEO 'screwed up' on Facebook threatMay 31, 2011 11:00 pm - SAN FRANCISCO — If he had another chance, former Google CEO Eric Schmidt would have pressed the Internet search leader to focus more on mounting a challenge to Facebook ...
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Pfizer asks EU to approve kidney cancer drugMay 31, 2011 11:00 pm - NEW YORK — Pfizer Inc. said Wednesday it asked European Union regulators to approve its drug candidate axitinib as a treatment for kidney cancer. Pfizer wants approval t...
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Toyota recalls 106,000 Prius carsMay 31, 2011 11:00 pm - TOKYO — Toyota recalled 106,000 first-generation Prius hybrid cars globally on Wednesday for faulty steering caused by a nut that may come loose. The single minor accide...
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Iraq signs initial deal to develop Akkas gas fieldMay 31, 2011 11:00 pm - BAGHDAD — An Iraqi official says South Korea's KOGAS has signed a long-delayed deal to develop a promising western gas field, near the Syrian border. Abdul-Mahdi al-Amee...
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U.S. Postal Service expands access to over 100,000 locationsMay 31, 2011 11:00 pm - With nearly 100,000 places to buy stamps, ship a package or renew a passport, the U.S. Postal Service is expanding customer access to its products and services. It's not...
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Sweden's Saab gets new order from China's Pang DaMay 31, 2011 11:00 pm - STOCKHOLM — Spyker NV's ailing Swedish unit Saab has received a new $22 million (€15 million) order from Chinese investor Pang Da. The cash order for 630 cars follows on...
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Job cuts remain unchanged in MayMay 31, 2011 11:00 pm - The pace of downsizing remained unchanged in May, as U.S. employers announced plans to cut 37,135 positions from payrolls during the month. That is just 1.8 percent mor...
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Manufacturing activity likely increased in MayMay 31, 2011 11:00 pm - WASHINGTON — Manufacturing activity likely increased in May for the 22nd straight month, but at a slower pace than in April. The Institute for Supply Management's index ...
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Oil hovers above $102 amid weaker dollarMay 31, 2011 11:00 pm - Oil prices hovered above $102 a barrel Wednesday as traders eyed a weakening dollar and the possibility it could push crude back to 2-year highs. By early afternoon in E...
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Alcatel finalizing U.S. bribery settlement in MiamiMay 31, 2011 11:00 pm - MIAMI — French telecommunications company Alcatel-Lucent SA is finalizing a settlement with the U.S. over bribes paid to officials in Costa Rica, Honduras, Malaysia and ...
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