Business Stories from July 10, 2011 (Change date)
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Obama expands campaign against bad regulationsJul 10, 2011 11:00 pm - WASHINGTON — The Obama administration is expanding its effort to rid the government of burdensome or redundant regulations. President Barack Obama issued an executive or...
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Obama challenges GOP to compromise on debtJul 10, 2011 11:00 pm - WASHINGTON — President Barack Obama declared on Monday there would be no deal on raising the government's debt limit if Republicans won't compromise, and he said he woul...
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Agency fines Macy's $750K for drawstring hazardJul 10, 2011 11:00 pm - WASHINGTON — Macy's department store chain will pay a $750,000 penalty for failing to report it had sold children's outerwear that had been recalled because it had draws...
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Acura Pharmaceuticals names Jones as CEOJul 10, 2011 11:00 pm - PALATINE — Acura Pharmaceuticals Inc. on Monday said it named Robert B. Jones as its president and chief executive. Jones had been serving in that capacity on an interim...
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Precision Castparts Deal Targets Airbus, Boeing Production GainJul 10, 2011 11:00 pm - Precision Castparts Corp.'s $900 million purchase of aerospace supplier Primus International may yield higher earnings growth as customers Boeing Co. and Airbus SAS ramp...
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Judges in US, Canada approve Nortel patents saleJul 10, 2011 11:00 pm - WILMINGTON, Del. — U.S. and Canadian judges have approved a $4.5 billion cash bid from a consortium that includes smartphone makers Apple and Research In Motion for pat...
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Fed chief to face grilling after weak jobs reportJul 10, 2011 11:00 pm - WASHINGTON — Federal Reserve Chairman Ben Bernanke may feel surrounded when he testifies before Congress this week. From his left, Democrats will demand to know what the...
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Recession hits transit budgets despite rising needJul 10, 2011 6:00 am - BOSTON — Cash-strapped and debt-ridden, public transit systems across the nation are trimming service, raising fares and postponing badly needed upgrades just to maintai...
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Government eases foreclosure rules for unemployedJul 10, 2011 6:00 am - WASHINGTON — The Obama administration is making it easier for out-of-work homeowners to stay in their homes, as it tries to revamp its troubled foreclosure-prevention pr...
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LevelUp challenges Groupon’s model with trio of dealsJul 10, 2011 6:00 am - SAN FRANCISCO — Groupon’s online coupons save people cash, but they’re not always great deals for merchants. Some businesses complain that bargain hunters rarely return ...