Business Stories from July 31, 2011 (Change date)
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Allstate 2Q weather beaten, but a silver liningJul 31, 2011 11:00 pm - Allstate reported a second-quarter loss Monday, hammered by $2.3 billion in catastrophe losses from waves of tornadoes, wildfires and storms. Yet Allstate's numbers were...
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Corus Bank Holding company has September bankruptcyJul 31, 2011 11:00 pm - Corus Bankshares Inc., a holding company whose bank subsidiary was taken over by regulators in September 2009, returns to bankruptcy court on Sept. 27 for a confirmation...
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Oil rises to near $97 after US debt deal reachedJul 31, 2011 11:00 pm - Oil prices rose to near $97 a barrel Monday after U.S. lawmakers struck a last-minute agreement to raise the government's debt limit, avoiding a default. By early aftern...
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Weak manufacturing report ends early Dow rallyJul 31, 2011 11:00 pm - NEW YORK — A see-saw day on Wall Street is ending with an 11-point drop in the Dow Jones industrial average. The Dow started the day up nearly 140 points after President...
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Congress moving quickly on debt and spending dealJul 31, 2011 11:00 pm - WASHINGTON — Congress is moving quickly on an agreement to avert a potentially devastating default on U.S. obligations, with legislation that mixes a record increase in ...
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Economy puts pinch on Las Vegas strip clubsJul 31, 2011 11:00 pm - LAS VEGAS (AP) — Las Vegas strip clubs are feeling the pinch of the economy and are offering discounts and freebies to keep customers coming through the doors. Cheetah's...
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Airport inspectors pay own way amid FAA impasseJul 31, 2011 11:00 pm - NEW YORK — Airport safety inspectors nationwide are working without pay and shouldering travel expenses themselves as the Federal Aviation Administration's budget crisis...
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Credit raters have lobbying cloutJul 31, 2011 11:00 pm - WASHINGTON — The three major credit rating companies poised to decide whether to downgrade the nation's top-ranked debt standing are at the same time spending hundreds o...
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Sears names new CEO of Lands' End businessJul 31, 2011 11:00 pm - HOFFMAN ESTATES — Sears Holdings Corp. said Monday that it has Edgar O. hired Huber comes to Sears Holdings from Liz Claiborne Inc., where he was the executive vice pres...
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Allstate closes bank unit as Discover deal falls throughJul 31, 2011 11:00 pm - Allstate Corp, the largest publicly traded U.S. home and auto insurer, said it will shutter its banking unit after the collapse of a deal to sell deposits to Discover Fi...
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