Business Stories from February 21, 2012 (Change date)
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Treasuries rise on Greece bailout newsFeb 21, 2012 11:00 pm - Treasuries rose for the first time in four days amid speculation Europe’s rescue package for Greece won’t resolve the region’s debt crisis and the U.S. sold $35 billion ...
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Honda recalling 46,000 vans to fix rear doorsFeb 21, 2012 11:00 pm - DETROIT — Honda is recalling nearly 46,000 Odyssey minivans because the rear doors can fall on people unexpectedly, and have on at least two occasions. The problem affe...
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Union to halt Frankfurt airport strikeFeb 21, 2012 11:00 pm - FRANKFURT, Germany (AP) — A spokesman for the union representing ground workers at Frankfurt airport says it will halt its strike ahead of an expected resumption of nego...
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Canada’s dollar declines through parity on global growth concernFeb 21, 2012 11:00 pm - Canada’s dollar slackened through parity with its U.S. counterpart for the first time in four days as stocks dropped on bets global economic growth may stall. The Canadi...
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Fantasy camp for those who love to flyFeb 21, 2012 11:00 pm - Eric Mueller’s vacation started when his plane filled with smoke. Soon, people slid down an emergency chute, inflated life vests and climbed into a raft. Mueller loved e...
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EMI Music Publishing said to reduce rate on $1.05 billion loanFeb 21, 2012 11:00 pm - EMI Music Publishing reduced the interest rate and increased the discount on a $1.05 billion term loan supporting its acquisition by Sony Corp., according to a person wi...
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EU suspends copyright treaty ratificationFeb 21, 2012 11:00 pm - BRUSSELS — The European Commission, facing steep opposition, is suspending efforts to ratify an international anti-counterfeiting agreement and instead referring it to E...
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ADM to eliminate 1,200 jobsFeb 21, 2012 11:00 pm - DECATUR — Archer Daniels Midland Co. said Tuesday that it is firing 175 people at its headquarters in Illinois as part of a plan to cut what it now says will be 1,200 mo...
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Oil hovers above $106 as Iran tensions mountFeb 21, 2012 11:00 pm - SINGAPORE — Oil prices hovered above $106 a barrel Wednesday in Asia amid concern that conflict over Iran’s nuclear program could lead to global crude supply disruptions...
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Ford boosts pay for directors 25%, raises Edsel Ford II feesFeb 21, 2012 11:00 pm - Ford Motor Co. boosted annual compensation for board members by 25 percent and will pay 29 percent more to Edsel Ford II, its founder’s great-grandson, for his work as a...