Business Stories from September 9, 2011 (Change date)
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Hungary seeks to allow repayments at fixed FX rateSep 09, 2011 12:00 am - BUDAPEST, Hungary — Hungary’s governing party is considering allowing people with debts in foreign currencies to repay them in a lump sum at an exchange rate much lower ...
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U.S. stocks fall on concern about Europe crisis, economic growthSep 09, 2011 12:00 am - U.S. stocks fell, erasing the weekly gain for the Standard & Poor’s 500 Index, on growing concern about Greece’s debt crisis and speculation Congress won’t pass Presiden...
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Madoff trustee Sets $272 million payout date of Sept. 15Sep 09, 2011 12:00 am - The liquidator of Bernard Madoff’s firm is planning an initial distribution of $272 million to investors holding allowed claims as of Sept. 15, according to a court fili...
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Developed nations debate how to restore growthSep 09, 2011 12:00 am - MARSEILLE, France — The financial leaders of the world’s most developed economies were wrangling Friday over how to revive a faltering economic recovery at a time when i...
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Apple wins ruling for German Samsung Galaxy tablet 10.1 banSep 09, 2011 12:00 am - Apple Inc., the world’s most valuable technology company, won backing from a German court for a ban on sales of Samsung Electronics Co.’s Galaxy 10.1 tablet computer in ...
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Ford asks court to reverse $2 billion award to truck dealersSep 09, 2011 12:00 am - Ford Motor Co. asked an Ohio appeals court to reverse a $2 billion judgment awarded in June to a class of commercial truck dealers who claimed the company overcharged th...
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Sears Holdings names supply chain leaderSep 09, 2011 12:00 am - HOFFMAN ESTATES — Sears Holdings named Raj Penkar as senior vice president and president, Supply Chain, effective Sept. 15. Penkar will be accountable for all aspects of...
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Greenspan says gold’s rise ‘vote of no confidence’ in currenciesSep 09, 2011 12:00 am - Former Federal Reserve Chairman Alan Greenspan said today that gold’s rise is a “vote of no confidence” in the world’s vital currencies and that gold should be thought o...
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Japan economy shrank more than initial reportSep 09, 2011 12:00 am - TOKYO — Japan’s economy contracted the April-June quarter at an annual rate of 2.1 percent, worse than the initial estimate, the government said Friday, underlining the ...
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Huge Japanese eatery, classic-car shop part of Hoffman Estates centerSep 09, 2011 12:00 am - Two new businesses, including what village officials say is the Midwest’s largest Japanese restaurant, will be celebrated next weekend for breathing new life into Hoffma...
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