Business Stories from November 10, 2011 (Change date)
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James Murdoch backed by BSKYB board following hacking testimonyNov 10, 2011 11:00 pm - James Murdoch, chairman of British Sky Broadcasting Group Plc, received the backing of the pay-TV company’s board as some investors opposed his re-election following a s...
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Monti meeting with Bank of Italy governor Visco, person saysNov 10, 2011 11:00 pm - Italy’s Mario Monti, a frontrunner to become premier after Silvio Berlusconi resigns, was meeting in Rome today with Bank of Italy Governor Ignazio Visco, said a person ...
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MF Global broker-dealer fires entire workforce of 1,066Nov 10, 2011 11:00 pm - MF Global Inc.'s workforce of 1,066 broker-dealer employees has been fired effective immediately, the trustee liquidating the unit said. The former employees will be pai...
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Geneva’s Merra-Lee Shops closingNov 10, 2011 11:00 pm - The Merra-Lee Shops, a longtime downtown Geneva shopping institution, are closing. Owner Mike Simon announced the closing on the women’s apparel shops’ website and Faceb...
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Nordstrom's 3Q profits rose 6.7 percentNov 10, 2011 11:00 pm - NEW YORK — Nordstrom Inc. reported that third-quarter profit rose by nearly 7 percent as its affluent shoppers continue to splurge despite an uncertain economy and volat...
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Denmark’s bond prices hide recession risk amid housing slumpNov 10, 2011 11:00 pm - Danish government bond prices may belie a growing risk of recession, as investors fleeing the euro area’s debt crisis ignore the Scandinavian nation’s housing slump. The...
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Firm takes control of 2 Northwest Indiana casinosNov 10, 2011 11:00 pm - A Minnesota investment firm has taken over two northwestern Indiana casinos as the casino company continues going through bankruptcy reorganization. The Indiana Gaming C...
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Pit Werner takes over for David fFeeland on copper at TrafiguraNov 10, 2011 11:00 pm - Pit Werner has taken over copper trading responsibility at Trafigura Beheer B.V. after David Freeland left, said Simon Collins, Trafigura director. Werner is based in Lu...
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Mexican peso pares rise after interior minister killed in crashNov 10, 2011 11:00 pm - Nov. 11 — Mexico’s peso pared its rise after the government said Interior Minister Jose Francisco Blake Mora was killed in a helicopter crash. The peso gained 0.3 percen...
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Highlights of bill for veterans, gov’t contractorsNov 10, 2011 11:00 pm - WASHINGTON — Highlights of a bill aimed at helping veterans and government contractors: —Tax credits of up to $9,600 — double the current amount — for companies hiring d...