Business Stories from January 18, 2012 (Change date)
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GM retakes title of top-selling global automakerJan 18, 2012 11:00 pm - DETROIT — General Motors Co. has retaken the title of world's top-selling automaker, selling just over 9 million cars and trucks across the globe. The company said Thurs...
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Mayor: Wheaton's downtown on verge of development boomJan 18, 2012 11:00 pm - Wheaton may be on the verge of a downtown economic development boom triggered in large part by the sale of the former Hubble Middle School site, Mayor Michael Gresk said...
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Sony Ericsson post Q4 loss as sales fallJan 18, 2012 11:00 pm - STOCKHOLM — Mobile phone maker Sony Ericsson, which is soon to be wholly-owned by Sony Corp., on Thursday reported a fourth-quarter loss due to costs related to restruct...
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Kodak’s 132-year legacy of color, gloryJan 18, 2012 11:00 pm - ROCHESTER, N.Y. — Is Kodak’s moment past? The glory days when Eastman Kodak Co. ruled the world of film photography lasted for over a century. Then came a stunning reve...
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Bank of America reverses loss and earns $2 billionJan 18, 2012 11:00 pm - NEW YORK — Bank of America made $2 billion in the last three months of last year, reversing a loss from a year earlier. It sold debt and its stake in a Chinese bank, off...
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Chinese hunker down for annual holiday travel rushJan 18, 2012 11:00 pm - BEIJING — Desperate to return home for China’s most important holiday, migrant worker Li Zhuqing lined up for six chilly days and nights at a train station ticket counte...
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Commerzbank says it can meet capital requirementsJan 18, 2012 11:00 pm - FRANKFURT, Germany — Commerzbank announced Thursday that it had found a way to meet European Union requirements to increase its capital cushion against possible losses f...
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Spanish bond auction sees strong demandJan 18, 2012 11:00 pm - Associated Press MADRID — Spain raised far more money than initially planned in a debt auction which saw strong demand, the second successful test of investor confidence...
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Apple offers software for interactive textbooksJan 18, 2012 11:00 pm - NEW YORK — Apple is launching a new version of its iBooks software, tailored to present vivid, interactive textbooks for elementary and high school students on the iPads...
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Canada optimistic Texas pipeline will be approvedJan 18, 2012 11:00 pm - TORONTO — President Barack Obama's decision to temporarily block a pipeline from Alberta to Texas went over badly in Canada, but Canadian officials are hopeful it eventu...