Business Stories from August 11, 2011 (Change date)
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Obama says ‘partisan brinksmanship’ stalls economic prgoressAug 11, 2011 12:00 am - President Barack Obama said the political gridlock in Washington has shaken the confidence of investors and the public and that can only be overcome if both parties can ...
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Ebeid joins Delta Outsourcing as vice presidentAug 11, 2011 12:00 am - PRNewswire DEERFIELD — John Ebeid, a 12-year veteran in the pharmaceutical industry, has joined Delta Outsourcing, a division of Delta Pharma and Randstad, as vice presi...
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United picks mcgarrybowen to lead global advertisingAug 11, 2011 12:00 am - PRNewswire CHICAGO — United Continental Holdings has selected New York-based mcgarrybowen as the lead agency partner for the company’s consolidated global consumer and t...
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Commodities rise as U.S. jobs report boosts optimism on economyAug 11, 2011 12:00 am - Commodities rose for the second straight day after an unexpected drop in U.S. jobless claims spurred optimism for the U.S. economy, bolstering prospects for crop and ind...
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Mortgage rates near record lowsAug 11, 2011 12:00 am - WASHINGTON — Fixed mortgage rates fell to at or near record lows. That’s good news for the few who can afford to buy a home or are able to refinance. But the rates have ...
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Survey: Number of workers living paycheck to paycheck at pre-recession levelsAug 11, 2011 12:00 am - CHICAGO — As the U.S. keeps a close eye on the stock market, CareerBuilder’s survey shows the financial situation for some households is improving. Forty-two percent of ...
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Bank of America credit-default swaps lead surge in lender riskAug 11, 2011 12:00 am - The cost to protect against a default by U.S. banks rose and a benchmark gauge of corporate credit risk reached a 14-month high amid fear that Europe’s debt crisis will ...
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Covidien CFO says offer for drug unit would be consideredAug 11, 2011 12:00 am - Covidien Plc, the maker of surgical accessories and operating room products, would consider selling its pharmaceuticals business as the company works to bolster the unit...
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Viacom, Cablevision settle suit over iPad TV appAug 11, 2011 12:00 am - SAN FRANCISCO — Cablevision Systems Corp. and Viacom Inc., the owner of MTV and other cable TV channels, have settled a lawsuit over software that lets subscribers view ...
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Is Willow Creek Community church anti gay?Aug 11, 2011 12:00 am - The controversial cancellation of Starbucks CEO Howard Schultz's speech at Willow Creek Community Church's annual Leadership Summit was addressed by Senior Pastor Bill H...