Business Stories from January 30, 2012 (Change date)
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Charge hurts UPS profit, but U.S. business surgesJan 30, 2012 11:00 pm - NEW YORK — UPS said Tuesday that its fourth-quarter net income slid because of an accounting charge, but its adjusted results topped Wall Street’s expectations. Excludi...
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Lockheed wins $920 million in PAC-3 ordersJan 30, 2012 11:00 pm - WASHINGTON — Lockheed Martin, the world’s largest defense contractor, said it received $920 million in additional orders for the most advanced Patriot missile system fro...
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Eurozone unemployment ends 2011 at record highJan 30, 2012 11:00 pm - LONDON — Unemployment across the 17 countries that use the euro ended 2011 at a record high of one person in every 10, official figures showed Tuesday, a day after EU le...
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Gates Foundation, drugmakers push on tropical illsJan 30, 2012 11:00 pm - Thirteen major pharmaceutical companies, government groups and health charities will work together in a push to eliminate or control by 2020 10 tropical diseases that af...
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Demand for Barbie, Hot Wheels helps push Mattel 4Q profit upJan 30, 2012 11:00 pm - NEW YORK — Strong holiday demand for toys including Barbie and Monster High dolls helped push Mattel Inc.’s fourth-quarter profit up a better-than-expected 14 percent. T...
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Byron reactor shutdown blamed on bad insulatorJan 30, 2012 11:00 pm - A failed electrical insulator in a switchyard was to blame for the power failure that caused one of Exelon Energy’s nuclear reactors in northern Illinois to shut down, c...
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Drug approved to treat cystic fibrosis’ root causeJan 30, 2012 11:00 pm - The first drug that treats the root cause of cystic fibrosis won approval Tuesday, offering a life-changing treatment for a handful of patients with the deadly illness, ...
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Japanese auto suppliers to pay price-fixing fineJan 30, 2012 11:00 pm - WASHINGTON — Two Japanese auto suppliers have agreed to pay more than half a billion dollars in criminal fines for a price-fixing conspiracy in the sale of parts to U.S....
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Shoppers flock to new Mariano's in PalatineJan 30, 2012 11:00 pm - Droves of shoppers have begun filling the aisles of the long-awaited Mariano's Fresh Market, which opened its doors early Tuesday in Palatine. The upscale grocery store,...
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Cruise bookings fall after Concordia shipwreckJan 30, 2012 11:00 pm - NEW YORK — The frightful images of a sinking Italian cruise ship have scared off some cruise passengers, at least temporarily, during the industry’s peak booking season....