Business Stories from February 26, 2012 (Change date)
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Obama welcomes TransCanada plan for new pipelineFeb 26, 2012 11:00 pm - WASHINGTON — The White House on Monday welcomed a Canadian company’s plan to build an oil pipeline from Oklahoma to Texas after President Barack Obama blocked the larger...
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Rule could cost child support debtors only incomeFeb 26, 2012 11:00 pm - Advocates say thousands of poor and disabled men could lose their only income next year because of a change in how back child support is collected. Next year the governm...
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Motorola Solutions buying $1.17B shares from IcahnFeb 26, 2012 11:00 pm - Schaumburg-based Motorola Solutions Inc. is buying about $1.17 billion of its stock back from billionaire investor Carl Icahn. The company, which sells communications eq...
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Bank of America accused of discriminationFeb 26, 2012 11:00 pm - WASHINGTON — The U.S. Department of Housing and Urban Development charged Bank of America Corp. on Monday with discriminating against three disabled borrowers in Michiga...
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Nokia pins hopes on cheaper Windows smartphoneFeb 26, 2012 11:00 pm - BARCELONA, Spain — Struggling cell phone maker Nokia Corp. has unveiled two new handsets that it hopes will revive its fortunes at the start of the world’s largest mobil...
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Oil below $109 as February rally hits pauseFeb 26, 2012 11:00 pm - Oil prices fell below $109 a barrel on Monday as investors booked profits after a 14 percent gain this month driven by signs of an improving U.S. economy and fears of an...
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Nissan recalling vehicles for possible gas leaksFeb 26, 2012 11:00 pm - DETROIT — Nissan says it is recalling more than 79,000 vehicles in the U.S. to fix possible gasoline leaks. The automaker is recalling certain Nissan Juke small crossove...
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Economists see more reasons for optimism this yearFeb 26, 2012 11:00 pm - NEW YORK — Economists are increasingly confident that some pillars of the economy will improve this year, but they still remain cautious in their expectations on the ove...
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Pramaggiore takes reins at ComEdFeb 26, 2012 11:00 pm - ComEd Monday said that Anne R. Pramaggiore, a Barrington resident, has become its president and chief executive officer, an appointment first announced on Sept. 9. The l...
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Detroit automakers race to keep up with salesFeb 26, 2012 11:00 pm - DETROIT — Auto sales are growing so fast that Detroit can barely keep up. Three years after the U.S. auto industry nearly collapsed, sales of cars and trucks are surgin...