Business Stories from July 11, 2011 (Change date)
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McConnell: Give Obama new powers on debt limitJul 11, 2011 11:00 pm - WASHINGTON — The top Republican in the Senate proposed on Tuesday giving President Barack Obama sweeping new power to, in effect, unilaterally increase the nation's debt...
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NYC launches site to promote electric carsJul 11, 2011 11:00 pm - NEW YORK — New York City Mayor Michael Bloomberg is hoping that an education campaign will lead more residents to buy electric cars. The city launched an informational w...
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News Corp. boosts stock buyback plan to $5 billionJul 11, 2011 11:00 pm - NEW YORK — News Corp. says its board has raised its stock repurchase program to $5 billion. That's up from the $1.8 billion that's still left in the media conglomerate's...
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S&P maintains possible downgrade status on ExpediaJul 11, 2011 11:00 pm - NEW YORK — Standard & Poor's Ratings Services said Tuesday it is keeping its credit ratings for Expedia Inc. under review for a possible downgrade pending completion of ...
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Census: Share of children in US hits record lowJul 11, 2011 11:00 pm - WASHINGTON — Children now make up less of America's population than ever before, even with a boost from immigrant families. And when this generation grows up, it will be...
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Markets may turn turbulent waiting for debt dealJul 11, 2011 11:00 pm - NEW YORK — If you think the last few days have been tumultuous for markets, just watch as August 2 approaches. Financial markets have largely ignored the debt limit talk...
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IRS: 100K tax preparers fail to follow new rulesJul 11, 2011 11:00 pm - WASHINGTON — About 100,000 paid tax preparers who worked on 2011 returns did not follow new rules requiring them to register with the Internal Revenue Service, the agenc...
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Allstate declares quarterly dividend of 21 centsJul 11, 2011 11:00 pm - NORTHBROOK — Allstate Corp. is declaring a quarterly dividend of 21 cents per share. The home and auto insurer said Tuesday that the dividend will be paid on Oct. 3 to s...
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THE INFLUENCE GAME: Doing well by doing goodJul 11, 2011 11:00 pm - WASHINGTON — As Boeing lobbied against a rival aerospace company to win a $35 billion government contract, its activities included a curious donation: $10,000 to the Joh...
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Senate GOP weighs anti-Obama resolution on debtJul 11, 2011 11:00 pm - WASHINGTON — Senate Republicans are considering a "resolution of disapproval" to express their displeasure with President Barack Obama's stand on debt negotiations that ...
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