Business Stories from June 16, 2011 (Change date)
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Reynolds Group to buy Graham Packaging for $1.68 billionJun 16, 2011 11:00 pm - NEW YORK — Container maker Graham Packaging Company Inc. is being purchased by New Zealand's Reynolds Group Holdings Ltd. for about $1.68 billion, after rival bidder Sil...
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Remote control chopper monitors crops from aboveJun 16, 2011 11:00 pm - LAKE ALFRED, Fla. — The knee-high contraption resting on a patch of dirt near an orange grove looked like a cross between a tiny helicopter and a spider. But this toy is...
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Fed grants available for farmers marketsJun 16, 2011 11:00 pm - CARBONDALE — Illinois Lt. Gov. Sheila Simon is urging food producers in the state to apply for federal grants that promote farmers markets. Some $10 million in grants a...
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AARP slammed for not fighting Social Security cutsJun 16, 2011 11:00 pm - WASHINGTON — AARP, the powerful lobby for older Americans, was hammered Friday by fellow activists for refusing to oppose any and all cuts to Social Security benefits, a...
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Toyota promises shareholders revival from disasterJun 16, 2011 11:00 pm - TOYOTA, Japan — President Akio Toyoda promised shareholders a revived Toyota despite the production disruptions from the earthquake and tsunami that decimated northeaste...
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Hopes for Greece debt deal lifts stocksJun 16, 2011 11:00 pm - Stocks gave up some ground Friday afternoon but could still have their first week of gains since April. The Dow Jones industrial average had been up as many as 111 point...
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Colonial Bank exec sentenced to 8 years in prisonJun 16, 2011 11:00 pm - ALEXANDRIA, Va. — A former bank executive has been sentenced to eight years in prison for her role in a $3 billion fraud scheme that helped topple her bank as well as on...
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Oil falls to near $93 amid stronger U.S. dollarJun 16, 2011 11:00 pm - SINGAPORE — Oil prices tumbled to below $93 a barrel Friday in Asia amid a stronger dollar and mixed signs about the U.S. economy. Benchmark oil for July delivery was do...
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Medicare goes high-tech to head off fraudJun 16, 2011 11:00 pm - Medicare goes high-tech to head off fraud RICARDO ALONSO-ZALDIVAR,Associated Press WASHINGTON — Tired of paying bogus claims, then chasing the scammers, Medicare announc...
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Walker promises swift action on Wis. budgetJun 16, 2011 11:00 pm - MADISON, Wis. — Gov. Scott Walker promises swift action on his budget now that it's passed the Republican-controlled Legislature without a single Democratic vote. Walker...