Business Stories from February 23, 2012 (Change date)
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To close tax loopholes, Obama would open new onesFeb 23, 2012 11:00 pm - WASHINGTON — President Barack Obama wants to close dozens of loopholes that let some companies pay little or nothing in taxes. But he also wants to open new ones for man...
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More arrests in Britain’s hacking scandalFeb 23, 2012 11:00 pm - LONDON — Britain’s media ethics scandal flared again just ahead of Rupert Murdoch’s launch of The Sun on Sunday, with two men arrested on suspicion of computer hacking F...
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Chicago factory where workers had sit-in to closeFeb 23, 2012 11:00 pm - Serious Energy Inc. said Thursday it will close a Chicago window factory that became a symbol of the plight of American workers more than three years ago when employees ...
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Company claiming iPad trademark sues Apple in U.S.Feb 23, 2012 11:00 pm - SHANGHAI — Apple Inc. is facing yet another challenge to its use of the iPad trademark in China — this time in a court in California. Proview Electronics Co., a unit of ...
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Oil rises to fresh 9-month high above $108 in AsiaFeb 23, 2012 11:00 pm - SINGAPORE — Oil prices rose to a fresh nine-month high above $108 a barrel Friday in Asia amid signs the U.S. economy is improving against a backdrop of elevated tension...
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Court reverses denial of class action in Merrill Lynch suitFeb 23, 2012 11:00 pm - A federal appellate court in Chicago has reversed a lower court’s decision denying class-action status to about 700 black financial advisers at Merrill Lynch who claim t...
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Discover CEO gets 62 percent pay hikeFeb 23, 2012 11:00 pm - NEW YORK — Discover Financial Services Co. said Chairman and Chief Executive David Nelms received compensation valued at more than $13.8 million in fiscal 2011, a 62 per...
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USDA to help thousands of rural homeownersFeb 23, 2012 11:00 pm - ST. PETERSBURG, Fla. — Agriculture Secretary Tom Vilsack will visit Florida on Friday to discuss a United States Department of Agriculture pilot loan program that could ...
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Birth control pills recalledFeb 23, 2012 11:00 pm - NEW YORK — Drugmaker Glenmark Generics says it is recalling seven lots of birth control pills because in some packages, the pills were in the wrong order. Glenmark says ...
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Stocks rise on Wall Street; Dow edges above 13,000Feb 23, 2012 11:00 pm - NEW YORK — The Dow Jones industrial average pushed above 13,000 in morning trading Friday after a measure of consumer sentiment came in stronger than analysts had expect...