Business Stories from February 29, 2012 (Change date)
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Chrysler says US sales rise 40 percent in Feb.Feb 29, 2012 11:00 pm - DETROIT— Chrysler's U.S. sales jumped 40 percent in February, kicking off what is expected to be another strong month for automakers. The company sold nearly 134,000 new...
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Dubai shipbuilding firm eyes end to debt processFeb 29, 2012 11:00 pm - DUBAI, United Arab Emirates — Dubai’s state-run shipbuilding company says it soon plans to lay out the terms of its $2.2 billion debt restructuring plan and aims to comp...
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Wendy's swings to 4Q profit minus Arby's AP Photo MEPW202, MEPW205, MEPW207Feb 29, 2012 11:00 pm - NEW YORK (AP) — Wendy's is still recovering from its split with Arby's. The Dublin, Ohio-based company on Thursday said it swung to a fourth-quarter profit of $3.9 mill...
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Average rate on 30-year mortgage down to 3.90 pct.Feb 29, 2012 11:00 pm - WASHINGTON— The average rate on the 30-year mortgage edged down this week to hover again above record lows. Cheaper rates have spurred modest improvements in the battere...
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Unemployment applications dip to a 4-year lowFeb 29, 2012 11:00 pm - WASHINGTON — The number of people seeking unemployment benefits fell slightly last week to the lowest point in four years, a further sign that the U.S. job market is imp...
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Afghanistan sets auction for oil explorationFeb 29, 2012 11:00 pm - Afghanistan will start accepting investor offers next week to explore for at least 600 million barrels of crude oil in the western half of the Afghan-Tajik Basin, the co...
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Senate defeats bill to reverse birth control ruleFeb 29, 2012 11:00 pm - WASHINGTON — The Senate has defeated a Republican effort to roll back President Barack Obama’s policy on contraception insurance coverage. The measure sponsored by Misso...
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Stocks rise as unemployment claims dropFeb 29, 2012 11:00 pm - $PHOTOCREDIT_ON$Associated Press$PHOTOCREDIT_OFF$ NEW YORK — U.S. stocks pushed higher in early trading Thursday after applications for unemployment benefits hit a four-...
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For Sale: deserted French village, pool includedFeb 29, 2012 11:00 pm - COURBEFY, France — The village of Courbefy has rustic buildings with fireplaces and exposed beams, a horse stable, a tennis court and a swimming pool. Sound nice? It's f...
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Banks lead stock rally; Nasdaq nears 3,000Feb 29, 2012 11:00 pm - NEW YORK — Banks dodged a big hit from the Greek debt crisis and rallied Thursday to lead the stock market higher. Strong retail sales and more encouraging news about th...
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