Business Stories from August 1, 2011 (Change date)
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Americans cut spending for first time in 20 monthsAug 01, 2011 11:00 pm - WASHINGTON — Americans cut spending for first time in 20 months Consumer spending dropped 0.2 percent in June, the Commerce Department said Tuesday. It was the first dec...
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Oil falls to near $94 as US economy weakensAug 01, 2011 11:00 pm - Oil settled below $94 per barrel Tuesday as investors continued to worry about weak consumer spending and sluggish economic growth. Benchmark West Texas Intermediate cru...
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Amazon starts AmazonLocal online deals siteAug 01, 2011 11:00 pm - SAN FRANCISCO — Online retailer Amazon.com is trying to become a bigger player in the mushrooming market for online deals. It has launched a website that offers large di...
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Economic fears could deter ECB rate hikesAug 01, 2011 11:00 pm - FRANKFURT, Germany — Worries about Europe's economy and a possible worsening of the debt crisis could force the European Central Bank to abandon a third interest rate in...
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Toyota ekes out quarterly profit, raises forecastAug 01, 2011 11:00 pm - TOKYO — Toyota eked out a 1.1 billion yen ($14 million) quarterly profit and raised its annual earnings forecast Tuesday as it mounts a comeback from the devastation of...
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Internet outage delays American flights at JFKAug 01, 2011 11:00 pm - NEW YORK — American Airlines says an Internet outage shut down its reservation system at New York's Kennedy airport and delayed flights for about an hour. Airline spokes...
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Debt deal picks up momentum in SenateAug 01, 2011 12:00 am - WASHINGTON — The White House and congressional leaders worked Monday to align lawmakers from both parties behind their formula for averting a financial meltdown and halt...
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Once Upon a Child franchise growing in Oak BrookAug 01, 2011 12:00 am - Interview with Rachel Gutierrez of Once Upon a Child in Oak Brook. Q: Describe your business. What do you do? A. Once Upon A Child buys and sells quality, gently u...
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Concerns about the economy end early Dow rallyAug 01, 2011 12:00 am - NEW YORK — Leave it to the economy to stop a stock market rally. The Dow started the day up nearly 140 points after President Barack Obama and congressional leaders sai...
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Batavia Women in Business to host progressive luncheonAug 01, 2011 12:00 am - Submitted by Batavia Chamber of Commerce During business luncheons, multi-tasking is required. During a progressive business lunch, multi-tasking takes on a new level. B...