Business Stories from July 26, 2011 (Change date)
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Boehner, Reid giving ground in debt standoffJul 26, 2011 12:00 am - WASHINGTON — With just a week to go before a potentially ruinous U.S. government default, the partisan war over raising the federal debt ceiling ground on in Washington ...
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Kodak posts wider 2Q loss on lower revenueJul 26, 2011 12:00 am - ROCHESTER, N.Y. — Eastman Kodak Co. said Tuesday that its second-quarter loss widened to $179 million as a sharp rise in sales of consumer inkjet printers was more than ...
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Hershey 2Q profit rises, as do its expectationsJul 26, 2011 12:00 am - After yet another strong quarter for Hershey, the nation's second-largest candymaker raised its outlook for the full year Tuesday, predicting that sales will rise by 6 p...
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Sleep with your iPhone? You're not aloneJul 26, 2011 12:00 am - NEW YORK — You gave it a pet name. It knows more about you than your mother does. Sometimes you even sleep with it. In fact, you're so attached to it that being separate...
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Chrysler reports 2Q loss due to bailout repaymentJul 26, 2011 12:00 am - DETROIT -- Chrysler retreated to a loss for the second quarter, but only because the expense of shedding its government debt erased what would have been a modest profit....
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Tellabs losses lead to 330 job cutsJul 26, 2011 12:00 am - Tellabs Inc., a global company that makes equipment for the telecommunications industry, said Tuesday it plans to cut 330 workers, or about 10 percent of its staff, incl...
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Services today for retired U.S. Cellular CEO RooneyJul 26, 2011 12:00 am - Wheaton resident John “Jack” Rooney, the retired president and CEO of U.S. Cellular, has died. He was 69. A company spokeswoman confirmed Tuesday that Rooney died last F...
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Mexico sells 7 billion pesos on 1-yeear Cetes at auctionJul 26, 2011 12:00 am - Mexico sold all 7 billion pesos of the one-year Cetes it offered at auction today, the central bank said on its website. The government sold 5.5 billion pesos of 28-day ...
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Lockheed Martin 2Q profit falls 10 percentJul 26, 2011 12:00 am - BETHESDA, Md. — Lockheed Martin Corp. says its second-quarter profit dropped 10 percent, burdened by a charge tied to some job cuts and a pension adjustment. But its res...
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