Business Stories from July 6, 2011 (Change date)
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Dow closes up 93 points on good retail newsJul 06, 2011 11:00 pm - NEW YORK — A rebound in retail sales and stronger jobs reports are pushing stocks near their highest levels of the year. Retailers reported their best June sales in more...
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Discounts help US retailers post strong June salesJul 06, 2011 11:00 pm - NEW YORK — Colossal discounts enticed consumers to shop like it was 1999 last month. But higher prices ahead could cause the party to end soon. Warm weather and discount...
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Flight delays swell in May due to Chicago stormsJul 06, 2011 11:00 pm - NEW YORK — Fourteen American Eagle flights were stuck on the tarmac at Chicago O'Hare for more than three hours on one day in May when thunderstorms led to hundreds of c...
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Limited's key revenue figure jumps in JuneJul 06, 2011 11:00 pm - COLUMBU.S., Ohio — Strong sales at Limited Brands Inc.'s Victoria's Secret chain helped the retailer post a 12 percent rise in June revenue at stores open at least a yea...
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Wells Fargo buys benefits consultant EdifyJul 06, 2011 11:00 pm - NEW YORK — Wells Fargo & Co. said Thursday that its insurance services unit bought Edify LLC, an employee benefits consultant based in Fort Lauderdale, Fla. Terms of the...
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Johnson & Johnson signs as 2014 World Cup sponsorJul 06, 2011 11:00 pm - ZURICH — FIFA says health care firm Johnson & Johnson has bought the final global sponsorship slot for the 2014 World Cup in Brazil. Johnson & Johnson has signed up as t...
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Questions to ask before you switchJul 06, 2011 12:00 am - When considering an alternative supplier for electricity, you should ask plenty of questions. The Illinois Commerce Commission and the Illinois attorney general’s office...
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Exxon said failed Montana pipeline was deeply buriedJul 06, 2011 12:00 am - BILLINGS, Mont. — Exxon Mobil Co. had reassured federal regulators and officials from a Montana town since December that an oil pipeline beneath the Yellowstone River wa...
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Auto industry on hiring spreeJul 06, 2011 12:00 am - DETROIT — Volkswagen opened a plant in Tennessee last month with 2,000 workers. Honda is hiring 1,000 in Indiana to meet demand for its best-selling Civic. General Motor...
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Italy to cut hefty bureaucracy to balance budgetJul 06, 2011 12:00 am - MILAN — Italy’s finance minister on Wednesday called cuts to the country’s notoriously hefty bureaucracy the most “revolutionary” element of the (euro) 48 billion ($68.7...
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