Business Stories from February 2, 2012 (Change date)
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Spain Cabinet approves banking sector reform planFeb 02, 2012 11:00 pm - MADRID — Spain’s new conservative government approved Friday a plan forcing banks to set aside an estimated (euro) 50 billion ($65 billion) in new provisions to cover to...
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Hiring surges in January; jobless rate at 8.3%Feb 02, 2012 11:00 pm - WASHINGTON — In a long-awaited surge of hiring, companies added 243,000 jobs in January — across the economy, up and down the pay scale and far more than just about anyo...
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Pew study: Facebook users get more than they giveFeb 02, 2012 11:00 pm - NEW YORK — The goody-two-shoes among us say it’s better to give than to receive. That’s not true for the average Facebook user, though. A new study out Friday found that...
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Greek bailout deal held up by labor reform talksFeb 02, 2012 11:00 pm - ATHENS, Greece — Unions and employers’ associations in Greece on Friday rejected private-sector wage cuts, as demanded by the country’s international bailout lenders if ...
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Apple, Motorola in patent struggle in GermanyFeb 02, 2012 11:00 pm - FRANKFURT, Germany — Apple Inc. has temporarily blocked Motorola Mobility's attempt to have it withdraw several iPhone and iPad models from its Internet store in Germany...
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Swiss launch competition probe against UBS, Credit SuisseFeb 02, 2012 11:00 pm - BERN, Switzerland — Switzerland’s competition commission said Friday it has launched an investigation into possible cartel behavior by a dozen banks including the countr...
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Ex-gov, Flyers owner may bid on Philly newspapersFeb 02, 2012 11:00 pm - PHILADELPHIA — Former Gov. Ed Rendell and Philadelphia Flyers owner Ed Snider are leading a "civic-minded" effort to buy Philadelphia's two largest newspapers, Rendell s...
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Foreign markets rally after forecast-busting US jobs dataFeb 02, 2012 11:00 pm - LONDON — Stocks spiked sharply higher on Friday after forecast-busting U.S. jobs figures reinforced hopes that the recovery in the world’s largest economy is gathering p...
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WildStang robotics team gets White House honorFeb 02, 2012 11:00 pm - A senior from Rolling Meadows High School will be cutting class on Tuesday, but with good reason — he’ll be in Washington, D.C., meeting President Barack Obama. Harrison...
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Japan’s Panasonic projects record full-year lossFeb 02, 2012 11:00 pm - TOKYO — Japanese electronics company Panasonic says it forecasts a record net loss of 780 billion yen ($10.2 billion) for the fiscal year through March amid falling sale...