Business Stories from July 13, 2011 (Change date)
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Foreclosure activity slowed in first half of 2011Jul 13, 2011 11:00 pm - LOS ANGELES — The number of homes taken back by lenders in the first half of this year fell 30 percent compared with the same 2010 period, the result of delays in forecl...
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Wholesale prices drop for first time in a yearJul 13, 2011 11:00 pm - WASHINGTON — Companies paid less for raw materials and factory goods in June, evidence that inflation pressures are weakening as gas prices fall. The Producer Price Inde...
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Unemployment aid applications fell for 2nd weekJul 13, 2011 11:00 pm - WASHINGTON — Fewer people applied for unemployment benefits last week, an encouraging sign that the job market may be slowly improving. The number of applications droppe...
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U.S. stock futures rise ahead of reports on economyJul 13, 2011 11:00 pm - NEW YORK — Stock futures are rising as investors weigh a warning on U.S. debt and await reports on the economy. Ratings agency Moody's threatened Wednesday to downgrade ...
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Retail sales up slightly in June after May dropJul 13, 2011 11:00 pm - WASHINGTON — Consumers spent more on cars and in big chain stores in June but falling gas prices held back retail sales. The Commerce Department said Thursday that retai...
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Oil giant ConocoPhillips to split into 2 companiesJul 13, 2011 11:00 pm - NEW YORK — ConocoPhillips, the nation's third-largest oil company, said Thursday that it will split itself into two separate publicly traded companies and its CEO and Ch...
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AP Exclusive: Nike faces new worker abuse claimsJul 13, 2011 12:00 am - SUKABUMI, Indonesia — Workers making Converse sneakers in Indonesia say supervisors throw shoes at them, slap them in the face and call them dogs and pigs. Nike, the bra...
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Ice, generators, hotel rooms hot items after stormJul 13, 2011 12:00 am - If you're worried about getting enough ice to keep your food from spoiling after Monday's power outages knocked out your refrigeration, don't fret. “We will not run out...
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GOP clashes over debt-ceiling offerJul 13, 2011 12:00 am - WASHINGTON — Two top Republican leaders clashed Wednesday over a plan that could allow the government to avoid a potentially catastrophic default but would not ensure th...
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Electricity choice good for residentsJul 13, 2011 12:00 am - Northeastern Illinois residents have a new choice. ComEd customers can decide which company provides their electricity service. Just like consumers choose other househol...
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