Business Stories from December 19, 2011 (Change date)
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U.S. stocks advance as housing data beats economists’ estimatesDec 19, 2011 11:00 pm - U.S. stocks rose, following yesterday’s slump in the Standard & Poor’s 500 Index, as better- than-estimated data on housing starts added to expectations the world’s larg...
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Don't panic: Gift options abound for last-minute shoppersDec 19, 2011 11:00 pm - Don't panic yet. You still have four more days to get your shopping done. There are plenty of people — including one who lives in my house — who've done it all in just f...
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AT&T pulls $39 billion T-Mobile dealDec 19, 2011 11:00 pm - AT&T Inc.’s $39 billion bid to acquire Deutsche Telekom AG’s T-Mobile USA came to an end Monday in a phone call between the companies’ chief executive officers, accordin...
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Unemployment fell in 43 states in NovemberDec 19, 2011 11:00 pm - WASHINGTON — Unemployment rates fell in 43 states in November, the most number of states to report such declines in eight years. The falling state rates reflect the brig...
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Power plant closures to cost US towns jobs, taxesDec 19, 2011 11:00 pm - For more than 90 years, the coal-fired power plant in Glen Lyn, Va., has been churning out electricity and contributing to local prosperity. Of late, it has generated ne...
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BP to exit solar business after 40 yearsDec 19, 2011 11:00 pm - BP Plc, Europe’s second-largest oil company, will shut its solar power unit and quit the business entirely after 40 years because it’s become unprofitable. “The continui...
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Housing starts and permits surge; levels still lowDec 19, 2011 11:00 pm - WASHINGTON — A surge in apartment construction gave homebuilders more work in November. And permits — a gauge of future construction — rose, spurred by a jump in apartme...
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Deere confirms expansion in AnkenyDec 19, 2011 11:00 pm - DES MOINES, Iowa — Deere & Co. is moving ahead with a $113 million expansion at its plant in Ankeny in the wake of almost $10 million in tax incentives for the project. ...
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FutureGen encouraged by geologic testsDec 19, 2011 11:00 pm - JACKSONVILLE, Ill. — Developers of the FutureGen clean-coal project say they’re encouraged by the early results of a just-completed well drilled to test the suitability ...
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Holiday flying to fall slightly, trade group saysDec 19, 2011 11:00 pm - NEW YORK — Fewer people will fly this holiday season, but flights will still be packed. That's according to a forecast released Tuesday by the main trade group represen...
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