Business Stories from August 8, 2011 (Change date)
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BofA weights potential responses to counter Fannie MaeAug 08, 2011 12:00 am - Bank of America Corp. said it is weighing how to counter Fannie Mae’s more aggressive demands that the bank repurchase faulty mortgages as Chief Executive Officer Brian ...
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General Maritime leads slump as U.S. oil-tanker stocks plungeAug 08, 2011 12:00 am - Bloomberg News General Maritime Corp. led declines by oil-tanker stocks in New York as the threat of a second U.S. recession in three years increased the risk energy imp...
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ECB pledge gets Spain, Italy rates downAug 08, 2011 12:00 am - FRANKFURT, Germany — A risky European Central Bank decision to fight the continent’s debt crisis by buying Spanish and Italian bonds on Monday started pushing down the s...
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Gold streaks past $1,700 an ounceAug 08, 2011 12:00 am - NEW YORK — The price of gold streaked past $1,700 an ounce for the first time Monday. Investors, beset by worries about the U.S. debt downgrade, Europe’s financial crisi...
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Aurora company makes mark saving lives in AfghanistanAug 08, 2011 12:00 am - The Nosek family behind Keson Industries didn't think that starting the business in their home in Berwyn more than 40 years ago would one day save the lives of our troop...
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Airlines begin rolling back fare hikesAug 08, 2011 12:00 am - DALLAS — U.S. airlines have started rolling back last month’s fare increases, so passengers are likely to pay the same prices even though federal ticket taxes are being ...
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Sirius XM subscriber hearing ends without decision on accordAug 08, 2011 12:00 am - Bloomberg News A federal judge declined to rule from the bench on the settlement of a lawsuit by Sirius XM Radio Inc. subscribers who claimed the satellite radio broadca...
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ClimateCare buys itself out from JMorganAug 08, 2011 12:00 am - Emissions offset developer ClimateCare said it has been taken private in a management buyout from JPMorgan Chase & Co. as it seeks to expand investment in the United Nat...
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