Business Stories from June 5, 2011 (Change date)
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Ariad-Merck cancer medicine extends patients' livesJun 06, 2011 7:42 am - Ariad Pharmaceuticals Inc.'s most- advanced experimental medicine extended the lives of sarcoma patients and reduced the risk of the disease progressing, according to a...
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U.S. bond risk highest since Eisenhower yearsJun 07, 2011 4:01 pm - The risk of owning U.S. government debt is as great as any time since the 1950s with yields at the year's lows and Treasury Secretary Timothy F. Geithner locking in borr...
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RV industry supplier plans N. Indiana expansionJun 06, 2011 11:54 am - ELKHART, Ind. — A recreational vehicle component manufacturer is considering a move into a vacant factory in northern Indiana where it could hire 180 workers in the next...
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Australian firm buys 14 U.S. oil fields for $236 millionJun 06, 2011 12:19 pm - An Australian energy producer has acquired 14 oil fields in Texas and Louisiana from Houston-based ERG Resources LLC for $236 million. Linc Energy Ltd., based in Brisban...
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Usually a job engine, localities slow U.S. economyJun 07, 2011 4:01 pm - WASHINGTON — In a healthy economic recovery, states and localities start hiring, expand services and help fuel the nation's growth. Then there's the 2011 recovery. The U...
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Senators tell Biden to reject GOP Medicare planJun 06, 2011 2:02 pm - WASHINGTON — Five Democratic senators are calling on Vice President Joe Biden to reaffirm his commitment to keeping major Medicare changes out of budget and deficit nego...
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Terra Firma hires former Citigroup banker TabetJun 06, 2011 12:13 pm - Guy Hands's Terra Firma Capital Partners Ltd. hired former Citigroup Inc. banker Kamal Tabet as head of investor relations, four months after the U.S. lender took contr...
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Warren Buffett lunch auction starts with big bidsJun 07, 2011 4:01 pm - OMAHA, Neb. — Two bidders have already driven up the price of a private lunch with billionaire Warren Buffett to over $1.5 million, and the online charity auction runs ...
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Groupon chief says Chicago firm will be 'wildly profitable'Jun 07, 2011 4:01 pm - Groupon Inc. Chairman Eric Lefkofsky said he expects the money-losing Chicago-based daily-coupon provider, which filed on June 2 to sell shares to the public, to be “wil...
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Jeffrey Sanfilippo joins forces with Little Angels CenterJun 06, 2011 4:07 pm - The Little Angels Center for Exceptional Care is pleased to announce the appointment of Jeffrey Sanfilippo, CEO of John B. Sanfilippo & Son Inc. to its board of director...