Business Stories from January 18, 2012 (Change date)
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Philippines cuts interest rates to boost economyJan 18, 2012 11:00 pm - $PHOTOCREDIT_ON$Associated Press$PHOTOCREDIT_OFF$ MANILA, Philippines — The Philippines’ central bank says it has cut interest rates by a quarter percentage point to boo...
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Murder case against Rockefeller con artist hinges on bonesJan 18, 2012 11:00 pm - ALHAMBRA, Calif. — Much of the California murder case against a German man who posed as an heir to the Rockefeller fortune hinges on three bags of bones found during the...
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Williams-Sonoma must jump hurdles to return homeJan 18, 2012 11:00 pm - SONOMA, Calif. — It’s not easy going home. Particularly if you’re a behemoth commercial enterprise and home is a quaint, historic town. The first store of the upscale co...
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Murdoch company to pay hacking damages in 36 casesJan 18, 2012 11:00 pm - LONDON — Rupert Murdoch’s British newspaper company on Thursday agreed to pay damages to 36 high-profile victims of tabloid phone-hacking, including actor Jude Law, socc...
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Nike gets prime Athens shop space for 43% less than last tenantJan 18, 2012 11:00 pm - Nike Inc., the world’s largest sporting-goods company, agreed to rent prime retail space in the center of Athens for at least 43 percent less than the previous tenant, a...
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Starbucks may open first India storeJan 18, 2012 11:00 pm - Starbucks Corp., the world’s biggest coffee shop operator, may open its first store in India in the second half of this year as it seeks expansion in the fastest growing...
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Confidence in eurozone improves despite downgradesJan 18, 2012 11:00 pm - PARIS — France and Spain on Thursday sailed through their first bond market tests since Standard & Poor’s downgraded their credit ratings last week, a sign that politici...
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World stocks up as Greece debt talks continueJan 18, 2012 11:00 pm - BANGKOK — World markets rose Thursday as investors grew more comfortable with riskier assets such as stocks after a pledge by the IMF to help stave off a financial crisi...
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Eastman Kodak says it bought $300 million of silver in 2011Jan 18, 2012 11:00 pm - Eastman Kodak Co. bought about $300 million of silver last year. The price of silver was 199 percent to 294 percent higher than in 2008, Rochester, New York-based Kodak ...
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Kodak files for Chapter 11 bankruptcy protectionJan 18, 2012 11:00 pm - ROCHESTER, N.Y. — Photography icon Eastman Kodak has filed for Chapter 11 bankruptcy protection, as it seeks to boost its cash position and stay in business. The move c...
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