Business Stories from February 12, 2012 (Change date)
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Obama’s budget headed to CongressFeb 12, 2012 11:00 pm - WASHINGTON — President Barack Obama is sending Congress a new budget that seeks to achieve $4 trillion in deficit reduction over the next decade through cuts in governme...
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Capitol Hill weighs GOP payroll tax gambitFeb 12, 2012 11:00 pm - WASHINGTON — House lawmakers are returning to Capitol Hill to weigh a proposal by GOP leaders to extend the 2-percentage-point cut in the payroll tax through the end of ...
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PGE will ‘most probably’ sign Opole deal in next few daysFeb 12, 2012 11:00 pm - PGE SA, Poland’s biggest power utility, will “most probably” sign an agreement with builders of its 1,800-megawatt, coal-fired facility in Opole, southern Poland, in the...
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Obama's budget: Government still growing, despite cutsFeb 12, 2012 11:00 pm - WASHINGTON — Taking a pass on reining in government growth, President Barack Obama unveiled a record $3.8 trillion election-year budget plan Monday, calling for stimulus...
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House GOP have backup on payroll taxFeb 12, 2012 11:00 pm - WASHINGTON — In an abrupt about-face, House GOP leaders announced Monday that they are willing to extend the two percentage point cut in the payroll tax through the end ...
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Feds clear road for ACCO, MeadWestvaco business mergerFeb 12, 2012 11:00 pm - The U.S. Justice Department has ended its review of the proposed merger of Lincolnshire-based ACCO Brands Corp with of MeadWestvaco Corp. s Consumer & Office Products. T...
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Finland may sign Greek collateral deal in next few daysFeb 12, 2012 11:00 pm - Finland may sign a deal on securing collateral in exchange for its commitment to Greece’s second bailout in the “next few days,” Finance Minister Jutta Urpilainen said. ...
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U.S. market shakes off Greek worries and advancesFeb 12, 2012 11:00 pm - Investors shook off their worries about Greece on Monday and got back to their routine of little-by-little gains. The Dow Jones industrial average climbed 73 points — no...
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Poland sees 2011 current-account gap at 4.1% Of gdpFeb 12, 2012 11:00 pm - Poland’s current account deficit amounted to 4.1 percent of gross domestic product in 2011, PAP newswire reported today, citing a presentation by the Warsaw- based Narod...
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Oil near $100 as Greece approves austerity cutsFeb 12, 2012 11:00 pm - Associated Press SINGAPORE — Oil prices rose to near $100 a barrel Monday in Asia after the Greek parliament approved new austerity measures that should secure a bailout...