Business Stories from June 22, 2011 (Change date)
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New cars struggle with qualityJun 22, 2011 11:00 pm - DETROIT — Cars that are redesigned or completely new for the 2011 model year had more quality problems, partly because of glitches in navigation systems and other dashbo...
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Unemployment applications jump by most in a monthJun 22, 2011 11:00 pm - WASHINGTON — The number of people who applied for unemployment benefits last week rose by the most in a month, signaling growing weakness in the job market. Applications...
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Airbus trounces Boeing with another record orderJun 22, 2011 11:00 pm - LE BOURGET, France — Airbus is trouncing Boeing in the race to be the world's biggest planemaker, claiming over $72 billion dollars worth of orders and commitments at th...
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Oil drops 4 pct on weaker economic outlookJun 22, 2011 11:00 pm - Oil drops 4pct on weaker economic outlook CHRIS KAHN,AP Energy Writer NEW YORK — Oil is tumbling after Federal Reserve Chairman Ben Bernanke warned that the U.S. economy...
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Higher card use, better payments lift Discover 2QJun 22, 2011 11:00 pm - NEW YORK — Discover Financial Services on Thursday said its profit more than tripled in its fiscal second quarter as it added new customers, while existing customers use...
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Southwest suspended pilot after radio rantJun 22, 2011 11:00 pm - DALLAS — Southwest Airlines Co. suspended a pilot whose disparaging comments about gays and older flight attendants were transmitted over an air-traffic control frequenc...
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Ruling awaited in Kodak patent battle with AppleJun 22, 2011 11:00 pm - ROCHESTER, N.Y. — After years of wading through a tide of red ink, Eastman Kodak Co. is nearing the end of a potentially lucrative patent fight with tech giants Apple an...
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IRS increases gas mileage deduction in midyearJun 22, 2011 11:00 pm - WASHINGTON — The Internal Revenue Service is increasing the tax deduction motorists can take for using private vehicles for business, a rare midyear move sparked by high...
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ConAgra Foods 4Q net income more than doublesJun 22, 2011 11:00 pm - OMAHA, Neb. — ConAgra's fourth-quarter net income more than doubled thanks to higher food prices and an insurance settlement. But the company warned Thursday that first-...
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Prescription drug data mining law struck downJun 22, 2011 11:00 pm - WASHINGTON — States cannot stop drug manufacturers and data-mining companies from using information about the prescription drugs individual doctors like to prescribe, th...
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