Business Stories from June 13, 2011 (Change date)
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Oil rises on economy news, stock market rallyJun 13, 2011 11:00 pm - NEW YORK — Oil climbed above $99 per barrel Tuesday following a better-than-expected retail sales report, a decline in the dollar and a broad rally on Wall Street. The g...
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Democrats take hard line on Medicare in debt talksJun 13, 2011 11:00 pm - WASHINGTON — Democrats controlling the Senate are vowing that any deal this summer to cut the deficit won't cut back benefits for people enrolled in Medicare. Majority L...
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Groupon executive seen as having potential conflictJun 13, 2011 11:00 pm - Groupon Inc. Vice Chairman Ted Leonsis' venture firm is an investor in rival LivingSocial and has ties to its board, a relationship that could pose a conflict, according...
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Starbucks expands mobile payment formatJun 13, 2011 11:00 pm - SEATTLE — Starbucks Corp. is launching an application Wednesday that lets customers with Android smartphones buy things with a wave of their phones. The Seattle-based co...
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Google expands spoken search to desktop computersJun 13, 2011 11:00 pm - SAN FRANCISCO — Making Google search requests on many office and home computers soon won't require a keyboard. A feature announced Tuesday will allow people to speak the...
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Time Warner Cable to acquire cable systems from New WaveJun 13, 2011 11:00 pm - Time Warner Cable Inc., the second- largest U.S. cable-television operator, agreed to buy cable systems in Kentucky and western Tennessee from NewWave Communications for...
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Airlines collect billions in bag feesJun 13, 2011 12:00 am - NEW YORK — U.S. airlines collected $3.4 billion in bag fees last year. The 24 percent increase from 2009 shows how the airlines are increasingly reliant on charging for ...
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Lisle business owner trades retirement for new directionJun 13, 2011 12:00 am - A 100-year-old company in Carol Stream and a 67-year-old Lisle business owner. Neither is ready to retire. So Ray Grimm shook things up, with both he and the business go...
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Obama pushes jobs plan in North CarolinaJun 13, 2011 12:00 am - DURHAM, N.C. — President Barack Obama promoted job creation Monday in politically important North Carolina, trying to assure Americans he’s focused on their No. 1 concer...
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Mexican official says European shouldn’t head IMFJun 13, 2011 12:00 am - WASHINGTON — Mexican central banker Agustin Carstens said Monday that the next leader of the International Monetary Fund should not be European because those nations are...