Business Stories from August 25, 2011 (Change date)
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Foreclosures made up 31 percent of home sales in 2QAug 25, 2011 12:00 am - WASHINGTON — Foreclosures made up roughly one-third of all home sales this spring. While that’s a smaller share of sales from the previous quarter, it’s six times the pe...
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Timeline of Steve Jobs’s health reports since 2003Aug 25, 2011 12:00 am - The following timeline details reports about Apple Inc. Chief Executive Officer Steve Jobs’s health since his cancer diagnosis in 2003. Jobs resigned today and took the ...
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Cook to be Apple’s new ‘gravitational force’Aug 25, 2011 12:00 am - Steve Jobs had a theory about what makes some technology businesses succeed while others fail. “Lots of companies have tons of great engineers and smart people,” Jobs to...
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Stocks end 3-day rallyAug 25, 2011 12:00 am - NEW YORK — A three-day stock rally ended much like it began, with a steep and sudden turn. Stocks started higher early Thursday but turned lower within 20 minutes. Inde...
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Apple stock recovers from shock of Jobs resigningAug 25, 2011 12:00 am - NEW YORK — Investors in Apple on Thursday morning appeared to be getting over the worst of the shock of Steve Jobs resignation from the CEO post. Apple shares were down ...
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Verizon strike boosts unemployment aid requestsAug 25, 2011 12:00 am - WASHINGTON — Thousands of Verizon workers on strike pushed the number of people seeking unemployment benefits last week to its highest level in a month. But excluding t...
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Exxon reports flares at Joliet refineryAug 25, 2011 12:00 am - Exxon Mobil Corp., the world’s largest publicly traded oil company, flared gases at its Joliet refinery in Illinois, according to a filing with regulators. The flaring t...
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Views on economy, Obama role sour, poll showsAug 25, 2011 12:00 am - WASHINGTON — Americans’ views on the economy have dimmed this summer. But so far, the growing pessimism doesn’t seem to be taking a toll on President Barack Obama’s re-e...
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Taiwan, China telecom trade up 50 percentAug 25, 2011 12:00 am - TAIPEI, Taiwan — A Taiwanese official says trade in telecom products between Taiwan and China totaled $4.5 billion in 2010, up 50 percent from the previous year. Taiwan’...
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Workers plan march in Chicago to protest minimum wageAug 25, 2011 12:00 am - Low-wage workers and their advocates will march along Chicago’s “Magnificent Mile” to campaign for an increase in Illinois’ minimum wage. The march begins Thursday at 1...
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