Business Stories from June 14, 2011 (Change date)
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US builders' outlook falls amid weakening salesJun 16, 2011 3:40 pm - WASHINGTON — The outlook among homebuilders has been grim all year. This month, it became grimmer. An index that measures builders' sentiment for their industry fell thr...
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Police: US Airways employee stowed away on flightJun 15, 2011 7:13 am - PITTSBURGH — Authorities say a US Airways employee was arrested in Pittsburgh after allegedly stowing away on an earlier flight from Florida to North Carolina. Alleghen...
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Virgin picks GE affiliate for engine orderJun 15, 2011 10:41 am - NEW YORK — Virgin America said Wednesday an affiliate of General Electric Co. will build engines for its latest Airbus aircraft order. The low-fare carrier based in Cal...
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French banks in firing line over Greek debt crisisJun 16, 2011 3:40 pm - PARIS — Tremors from Greece's debt crisis were felt in France when Moody's ratings agency said it may downgrade the three largest French banks over their potential losse...
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Oil falls as dollar strengthens against currenciesJun 15, 2011 3:57 pm - NEW YORK — Oil dropped more than 2 percent Wednesday as the dollar strengthened and investors shrugged off an unexpectedly large decline in crude supplies. Benchmark Wes...
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Palace Casino reopens; smoke freeJun 15, 2011 7:17 am - BILOXI, Miss. — Palace Casino has cleared the air during a $50 million expansion and renovation project, reopening as a smoke-free casino. Several states have laws proh...
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Worsening Greek debt crisis sinks stocks, euroJun 15, 2011 4:13 pm - NEW YORK -- Unrest in Greece rattled global financial markets Wednesday. Stocks suffered their biggest losses since June 1 as investors piled into lower-risk assets like...
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Putin says Russia's economy two-thirds recoveredJun 15, 2011 1:05 pm - GENEVA — Russia's economy is recovering, but remains well below the level it was at before the global financial crisis, says Prime Minister Vladimir Putin, addressing a...
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U.S. factory output rose in May after April declineJun 16, 2011 3:40 pm - WASHINGTON — U.S. factories rebounded in May to produce more business equipment and construction materials. The gains offset supply disruptions stemming from the Japan c...
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Quiet China giant embodies technology aspirationsJun 15, 2011 12:51 pm - SHENZHEN, China — China's quietest multibillion-dollar Chinese success story began when a former soldier founded a company in the 1980s to sell imported phone switches....