Business Stories from June 13, 2011 (Change date)
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Listeria found at Kellogg plant in GeorgiaJun 13, 2011 11:00 pm - ATLANTA — The Food and Drug Administration found traces of listeria at a Kellogg Co. bakery in Augusta, Ga., during an inspection earlier this year. In a letter released...
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Survey: CEOs expect hiring, spending to growJun 13, 2011 11:00 pm - NEW YORK — More than half of the chief executives of large U.S. companies say they expect to spend and hire more over the next six months despite slower economic growth....
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$55 mil settlement reached over Chinese drywallJun 13, 2011 11:00 pm - NEW ORLEANS — A Florida-based supplier of Chinese drywall has agreed to a $55 million settlement of claims that the corrosive product damaged homes. The proposed settlem...
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Stocks shake off 2-week slump on retail sales newsJun 13, 2011 11:00 pm - NEW YORK — A better than expected retail sales report reversed a two-week slump in the stock market Tuesday, sending indexes higher for only the third day this month. Th...
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Social Security makes $8B in improper paymentsJun 13, 2011 11:00 pm - WASHINGTON — The Social Security Administration made $6.5 billion in overpayments to people not entitled to receive them in 2009, including $4 billion under a supplement...
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J.C. Penney names Apple retail exec as new CEOJun 13, 2011 11:00 pm - NEW YORK — J.C. Penney Co. is looking to bite into the magic of Apple. The department store chain has named Ron Johnson, who pioneered Apple Inc.'s retail stores, its ne...
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Cautious consumers could see lower prices aheadJun 13, 2011 11:00 pm - WASHINGTON — Consumers are spending cautiously in the face of still-high gasoline and grocery-store prices and restraining the economy's growth. But some relief could be...
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Chamber energy cooperative to save businesses moneyJun 13, 2011 11:00 pm - The Bolingbrook Area Chamber of Commerce is launching an energy cooperative with DaCott Energy that will save local businesses substantial money on their operational co...
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Hearing opens in labor complaint against BoeingJun 13, 2011 11:00 pm - SEATTLE — Boeing attorney William Kilberg told a judge in Seattle that the company intends to file a motion to dismiss the case as a hearing opened Tuesday. The National...
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Treasury prices fall after retail sales surpriseJun 13, 2011 11:00 pm - NEW YORK — Better than expected retail sales are pushing government bond prices lower. The government said Tuesday that retail sales fell 0.2 percent last month, with mo...
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