Business Stories from September 2, 2011 (Change date)
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Hyundai Heavy sees $300 million China turbine plant salesSep 02, 2011 12:00 am - Hyundai Heavy Industries Co., the world’s largest shipyard, expects annual sales of as much as $300 million from a wind-turbine factory in China as it bolsters clean-ene...
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Chinese investor defends plan for Iceland resortSep 02, 2011 12:00 am - BEIJING — A Chinese real estate tycoon defended his plan Friday to buy a tract of wilderness in Iceland for a resort development that has stirred unease there about whet...
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Banks overwhelmed by mortgage refinancing after slashing jobsSep 02, 2011 12:00 am - Mortgage rates near historic lows have sparked a refinancing boom that has U.S. lenders struggling to handle the surge. “There’s just so much volume,” said Kristin Wilso...
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Dow Jones loses 253 points on jobs reportSep 02, 2011 12:00 am - Stocks plunged after a dismal jobs report renewed fears of another recession. No jobs were added in the U.S. last month, the government said early Friday. The unemployme...
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Halliburton sues BP over Macondo well blowoutSep 02, 2011 12:00 am - NEW ORLEANS — Halliburton has filed a lawsuit in a Texas state court against BP PLC claiming the oil giant provided it with inaccurate information about the deepwater we...
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Elgin Super Walmart announces tentative grand openingSep 02, 2011 12:00 am - Walmart announced to its employees the tentative closing date of the store at Randall Road and Royal Boulevard in Elgin, which will be followed by the opening of a new s...
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Flooded fields in ND lead to higher pasta pricesSep 02, 2011 12:00 am - PLAZA, N.D. — Consumers are paying more for pasta after heavy spring rain and record flooding prevented planting on more than 1 million acres in one of the nation’s best...
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UK police make another arrest in hacking scandalSep 02, 2011 12:00 am - LONDON — British police have arrested a 30-year-old man in the phone hacking scandal involving the now-defunct News of the World tabloid. Police say the man was arrested...
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Bid to block AT&T deal unique to telecom industrySep 02, 2011 12:00 am - WASHINGTON — The Obama administration has explained its effort to block AT&T's purchase of T-Mobile USA by saying it will fight mergers that would reduce competition and...
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Ruling means big Mass. tobacco award could doubleSep 02, 2011 12:00 am - BOSTON — A Massachusetts judge has ruled that a Boston man who won a lawsuit against a tobacco company for causing the death of his mother can collect the money with int...
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