Business Stories from September 9, 2011 (Change date)
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Reports: Russia to sell 15 percent in RosneftSep 09, 2011 12:00 am - MOSCOW — Russian news agencies say the government has announced plans to sell up to 15 percent in top oil producer Rosneft next year for around $6.7 billion. RIA-Novosti...
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Top European Central Bank official Stark resigns unexpectedlySep 09, 2011 12:00 am - FRANKFURT, Germany — Top European Central Bank official Juergen Stark is resigning well before the end of his term, removing a key voice for higher interest rates and ra...
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Antioch woman's 'pet project' could win $10,000Sep 09, 2011 12:00 am - After she watched her cats scare away countless birds from her Antioch backyard's bird feeder, an ad for a homemade pet project contest sparked Candace Walters' imaginat...
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Euro falls to 6-month low on debt crisis; dollar risesSep 09, 2011 12:00 am - The euro declined to a six-month low against the dollar on speculation the European Central Bank will cut interest rates amid record Greek bond yields and the region’s d...
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Fact check: Obama’s jobs plan paid for? Seems notSep 09, 2011 12:00 am - WASHINGTON — President Barack Obama’s promise Thursday that everything in his jobs plan will be paid for rests on highly iffy propositions. It will only be paid for if ...
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Thai rice subsidy scheme to push up world pricesSep 09, 2011 12:00 am - BANGKOK — Thailand’s plan to pay its rice growers far above market rates is expected to push up prices for the staple that feeds almost half the world’s people as rice i...
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Green Courte acquires N.Y. manufactured housing communitySep 09, 2011 12:00 am - LAKE FOREST -- Green Courte Partners LLC said it acquired the Parkside Village manufactured housing community in Cheektowaga, N.Y. The four-star, age-restricted communit...
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Porsche shares tank as VW says no merger this yearSep 09, 2011 12:00 am - FRANKFURT, Germany — Porsche shares are down sharply after Volkswagen said a merger between the two German carmakers will not be completed by the year-end as planned. Sh...
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European bank shares slide on Greek concern, Stark departureSep 09, 2011 12:00 am - European bank and insurance shares tumbled, sending Societe Generale SA to its lowest level since 1996, amid mounting concern that a Greek debt default will roil the reg...
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Economists show support for Obama job-growth planSep 09, 2011 12:00 am - WASHINGTON — A tentative thumbs-up. That was the assessment Thursday night from economists, who offered mainly positive reviews of President Barack Obama’s $447 billion ...