Business Stories from June 9, 2011 (Change date)
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Toyota expects annual profit to fall 31 percentJun 09, 2011 11:00 pm - TOKYO — Toyota forecasts its annual profit to dive 31 percent, hammered by production disruptions from parts shortages, but its outlook Friday projects a robust recovery...
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Fed proposes expanding capital reviews to 35 banksJun 09, 2011 11:00 pm - WASHINGTON — The Federal Reserve wants a broader group of banks to provide details each year about their finances, part of an effort to ensure banks can meet their capit...
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AP Sources: Ally postpones public stock offeringJun 09, 2011 11:00 pm - NEW YORK — A nearly six-week stock slump has caused Ally Financial Inc. to delay an initial public stock offering that had been scheduled for late June, two people brief...
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Dow falls below 12k; stocks head for 6th down weekJun 09, 2011 11:00 pm - The Dow Jones industrial average fell below 12,000 for the first time since March Friday as fears spread that the global economic recovery is losing steam. The market is...
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GM to recall 47,000 Cadillac SRXs to fix air bagsJun 09, 2011 11:00 pm - DETROIT — General Motors is recalling more than 47,000 Cadillac SRX crossover vehicles because of a problem with the side air bags. The National Highway Traffic Safety A...
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Amazon severs ties with Conn. retailers over taxJun 09, 2011 11:00 pm - HARTFORD, Conn. — Amazon.com says it is severing its relationships with affiliates in Connecticut because of a new state tax on certain online purchases. The retail gian...
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Candidates announced for Illinois commodity boardsJun 09, 2011 11:00 pm - SPRINGFIELD — Candidates for three state commodity boards have been announced, and producers of corn, soybeans and wool can vote July 6 at county extension offices. The...
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Oil slips below $101 in Europe on stronger dollarJun 09, 2011 11:00 pm - Oil prices slipped below $101 a barrel Friday as a stronger dollar and expectations of increased output from Saudi Arabia overshadowed strong crude demand in China. By e...
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Novo Nordisk paying $26.7M to end investigationsJun 09, 2011 11:00 pm - NEW YORK — Danish drugmaker Novo Nordisk Inc. says it will pay $26.7 million to resolve two investigations into improper marketing of its products. Novo Nordisk says it ...
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Ziopharm plans early trials of new cancer drugJun 09, 2011 11:00 pm - NEW YORK — Ziopharm Oncology Inc. said Friday that the Food and Drug Administration will allow it to conduct human testing of an experimental melanoma drug. The company ...
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