Business Stories from February 15, 2012 (Change date)
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GM records its highest profit ever: $7.6 billionFeb 15, 2012 11:00 pm - DETROIT — General Motors earned its highest profit ever last year. The 103-year-old company made $7.6 billion in 2011, up 62 percent from 2010. Full-year revenue rose 11...
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MSN adds new feature to take Internet's pulseFeb 15, 2012 11:00 pm - SAN FRANCISCO — Microsoft is hooking up MSN.com with a hipper sidekick to broaden its appeal and stay on top of the Internet's hottest topics. The trend-tracking service...
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Atkore acquires FlexHead IndustriesFeb 15, 2012 11:00 pm - Harvey-based Atkore International Inc. announced it has acquired FlexHead Industries Inc., a designer, manufacturer and provider of flexible fire sprinkler connections. ...
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Marriott 4Q profit falls on timeshare spinoffFeb 15, 2012 11:00 pm - NEW YORK — Marriott International Inc. said Wednesday its fourth-quarter net income fell 18 percent, hurt by a one-time charge tied to the spinoff of its timeshare busin...
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Yelp looking for $12 to $14 per share in IPOFeb 15, 2012 11:00 pm - SAN FRANCISCO — Online review service Yelp rated its own business Thursday, setting an IPO target of $12 to $14 per share that could value the 7-year-old company as high...
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Unemployment applications drop to a 4-year lowFeb 15, 2012 11:00 pm - WASHINGTON — The number of people seeking unemployment benefits fell to the lowest point in almost four years last week, the latest signal that the job market is steadil...
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U.S. housing starts rise modestly to start new yearFeb 15, 2012 11:00 pm - WASHINGTON — Construction of single-family homes cooled off slightly in January after surging in the final month last year. But a rebound in volatile apartment construct...
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Obama’s budget cuts bacteria testing in produceFeb 15, 2012 11:00 pm - SAN FRANCISCO — President Barack Obama’s proposed budget would eliminate the nation’s only program that regularly tests fruits and vegetables for deadly pathogens, leavi...
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Elk Grove looking at donation box restrictionsFeb 15, 2012 11:00 pm - Elk Grove Village officials are considering stricter regulations on donation boxes in town after seeing neighboring Schaumburg move toward banning them entirely. “We did...
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NYC apartment sells for $88 millionFeb 15, 2012 11:00 pm - NEW YORK — The family of a Russian billionaire has bought a New York City penthouse apartment for $88 million. The Wall Street Journal says the property on Central Park ...
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