Business Stories from February 22, 2012 (Change date)
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U.S. stock futures rise as fear wanes over GreeceFeb 22, 2012 11:00 pm - NEW YORK — U.S. stock futures rose Thursday after the government issued a positive report on the number of people filing for unemployment benefits, while fears eased in ...
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OfficeMax 4th-quarter profit tumblesFeb 22, 2012 11:00 pm - Naperville-based OfficeMax Inc. said Thursday that its fiscal fourth-quarter profit fell 76 percent on weak sales growth and a variety of asset impairment and severance ...
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Danish toy maker Lego invests in wind energyFeb 22, 2012 11:00 pm - COPENHAGEN, Denmark — Danish toy maker Lego says its parent company is investing nearly 3 billion kroner ($534 million) over the next four years in the construction of a...
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General Eectric, Cegelec win $320 million Algeria contractFeb 22, 2012 11:00 pm - General Electric Co. and Cegelec SA won a 240 million euros ($320 million) contract to build a power plant with a generation capacity 400 megawatts, the Algerian state C...
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Sears shedding some stores, reports 4Q lossFeb 22, 2012 11:00 pm - Sears Holdings Corp. reported Thursday that it will spin off its smaller hometown and outlet stores as well as some hardware stores in a deal expected to raise $400 to $...
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Safeway profit slips 6 pct on higher costsFeb 22, 2012 11:00 pm - NEW YORK — Safeway Inc., owner of area Dominick's supermarkets, says its profit slipped 6 percent its fourth quarter as a result of higher commodity costs. Grocers have ...
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Google said to plan replacement for Jha at Motorola MobilityFeb 22, 2012 11:00 pm - Google Inc., which won U.S. approval for its acquisition of Motorola Mobility Holdings Inc., is close to naming Dennis Woodside to run the business when the deal closes,...
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New online service helps home sellers, real estate prosFeb 22, 2012 11:00 pm - Homeowners and real estate professionals seeking to sell homes around the suburbs have a new online resource that tracks sales and incorporates social media, such as Lin...
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Obama administration seeks online privacy rulesFeb 22, 2012 11:00 pm - NEW YORK — The Obama administration is calling for stronger privacy protections for consumers as mobile gadgets, Internet services and other tools are able to do a bette...
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Sears to close six stores in Illinois, more elsewhereFeb 22, 2012 11:00 pm - Hoffman Estates-based Sears Holdings posted a fourth-quarter loss of $2.4 billion on Thursday, then said it will close 15 additional Sears and Kmart stores and nine Grea...