Business Stories from July 27, 2011 (Change date)
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Oil hovers above $97 following big dropJul 27, 2011 11:00 pm - Oil prices held steady above $97 a barrel Thursday a day after they tumbled over $2 following confirmation that the U.S. has released emergency crude reserves. By early ...
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Jobless claims in U.S. fell last week to three-month lowJul 27, 2011 11:00 pm - Applications for unemployment benefits dropped last week to the lowest level since April, a sign the weakness in the labor market is fading. Jobless claims fell by 24,0...
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Sally Smith's (chicken) wings are soaringJul 27, 2011 11:00 pm - Sally Smith became CEO of Buffalo Wild Wings Inc. after the other guy didn't show up. It was 1996 and Smith was the top finance officer for the chicken wings chain, whic...
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Motorola Mobility disappoints on smartphonesJul 27, 2011 11:00 pm - Libertyville-based Motorola Mobility Holdings, the maker of cellphones and cable set-top boxes that split off from the rest of Motorola in January, posted a loss for the...
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Boeing rivals pitch cheaper radio for $39 billion combat systemJul 27, 2011 11:00 pm - Boeing Co. and General Dynamics Corp. face a challenge from rivals offering less costly radios for troops and armored vehicles as part of a military-wide system estimat...
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Stock futures hold steady ahead of House debt voteJul 27, 2011 11:00 pm - NEW YORK — Stock futures are little changed as House Republicans prepare a vote on a new plan to avoid a U.S. debt default. The legislation, set for a vote Thursday, fa...
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Stocks fall as debt debate ragesJul 27, 2011 12:00 am - NEW YORK — Stocks plunged Wednesday as the U.S. edged closer to defaulting on its debt and the economy showed more signs of deteriorating. Major indexes gave up all of t...
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Boeing beats profit estimates, boosts 2011 earnings forecastJul 27, 2011 12:00 am - Boeing Co.'s second-quarter profit beat analysts' estimates, buoyed by higher commercial sales, and increased its forecast for full-year earnings. Net income rose 20 per...
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Delta Air Lines announced June quarter profitJul 27, 2011 12:00 am - Delta Air Lines today reported financial results for the June 2011 quarter. Key points include: -- Delta's net income for the June 2011 quarter was $366 million, or $0....
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Fermilab employees take buyouts; layoffs possibleJul 27, 2011 12:00 am - Forty-four workers are taking incentives to quit Fermilab, as the Batavia-based center tries to trim costs as its main particle accelerator shuts down. The laboratory ha...
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