Business Stories from June 16, 2011 (Change date)
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Easing in Greek tensions helps stocks recoverJun 16, 2011 11:00 pm - LONDON — European stocks were helped Friday by an easing in tensions over Greece's debt crisis after a big Cabinet reshuffle and suggestions that Germany has softened it...
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Banks accuse MBIA of hiding potential losses from regulatorJun 16, 2011 11:00 pm - MBIA Inc. hid potential losses of as much as $950 million on commercial real estate debt as it sought New York regulators' approval to restructure its insurance business...
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Spain freezes assets of detained Mubarak associateJun 16, 2011 11:00 pm - MADRID — Spain has frozen €33 million ($47 million) in accounts held by a detained Egyptian associate of ousted president Hosni Mubarak and relatives of the detainee, wh...
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New gymnastics school to open in HuntleyJun 16, 2011 11:00 pm - Aspiring gymnasts with their minds trained on winning college scholarships and competing at the highest levels in the country soon will have another Huntley venue in whi...
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Builders start more homes but pace still slowJun 16, 2011 12:00 pm - Builders broke ground on more new homes in May, but not enough to signal a recovery in the troubled housing market. New-home construction rose 3.5 percent from April to ...
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Kroger 1Q profit, revenue jump; raises outlookJun 16, 2011 12:00 pm - CINCINNATI — Kroger Co. rang up double-digit jumps in first-quarter revenue and net income, as the grocery chain drew more frequent shoppers with loyalty rewards while g...
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Rita Wilson named editor of 'Huff/Post 40' siteJun 16, 2011 12:00 pm - LOS ANGELES — The Huffington Post is launching a new site aimed at the baby boomer generation, and Rita Wilson will direct its vision and content. AOL Huffington Post Me...
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Sahara opens doors to let visitors buy everythingJun 16, 2011 12:00 pm - LAS VEGAS — The Sahara hotel-casino on the Las Vegas Strip is reopening its doors one month after closing to let visitors and bargain-hunters buy pretty much anything th...
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Mortgage rates flat after hitting yearly lowJun 16, 2011 12:00 pm - WASHINGTON — Fixed mortgage rates stayed roughly flat after falling for nine weeks. Freddie Mac says the average rate on the 30-year loan ticked up from a yearly low of ...
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United Nations warns of more food crisesJun 16, 2011 12:00 pm - PARIS — The world could see a repeat of the 2008 price crisis that spawned deadly riots on three continents, the U.N.'s top food security expert warned Thursday. David N...