Business Stories from June 14, 2011 (Change date)
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Virgin picks GE affiliate for engine orderJun 14, 2011 11:00 pm - 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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Inflation slows in May as gas prices fallJun 14, 2011 11:00 pm - WASHINGTON — Falling energy prices cooled overall inflation in May, offering some relief to consumers who have been coping for months with high gas prices. Overall consu...
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Mexican bank leader continues fight to head IMFJun 14, 2011 11:00 pm - MEXICO CITY — Mexico's central bank governor Agustin Carstens knows that he faces an uphill task: the votes in his bid to be the first representative from an emerging ec...
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US builders' outlook falls amid weakening salesJun 14, 2011 11:00 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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Wis. Assembly begins debate of Walker's budgetJun 14, 2011 11:00 pm - MADISON, Wis. — A protester has interrupted the first Republican speech in defense of Gov. Scott Walker's two-year state budget during debate in the state Assembly. As s...
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Oil falls as dollar strengthens against currenciesJun 14, 2011 11:00 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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J&J cutting back on stents, expects $500M chargeJun 14, 2011 11:00 pm - NEW YORK — Johnson & Johnson will cut back on manufacturing and development of heart stents, and will take a charge of $500 million to $600 million as it restructures i...
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Palace Casino reopens; smoke freeJun 14, 2011 11:00 pm - 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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Dollar strengthens on Greek debt worriesJun 14, 2011 11:00 pm - NEW YORK — Increased concern over Greece's debt crisis is boosting the dollar. Over 20,000 people gathered in Athens Wednesday protesting anti-austerity measures requir...
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UK government to back separation of banksJun 14, 2011 11:00 pm - LONDON — The British government intends to force banks to insulate their retail operations from their more volatile investment banking, a Treasury source confirmed Wedn...