Business Stories from May 11, 2012 (Change date)
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State-local governments proving market doubts wrongMay 11, 2012 11:00 pm - NEW YORK — U.S. municipal bond yields are back to where they were in 1967, defying forecasts that the $3.7 trillion market's biggest rally in three years was near an end...
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FDA reviews first rapid, take-home test for HIVMay 11, 2012 9:14 pm - WASHINGTON — The Food and Drug Administration is considering approval of the first over-the-counter HIV test that would allow consumers to quickly test themselves for th...
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AIDS fight enters new phase with prevention pillMay 11, 2012 7:44 pm - CHICAGO — Condoms and other safe-sex practices have accomplished only so much. Now the 30-year battle against AIDS is on the verge of a radical new phase, with the ...
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Legendary car designer, racer Shelby dies at 89May 11, 2012 7:00 pm - DALLAS - Decades after a heart condition forced him to retire from racing, Carroll Shelby still loved to drive muscle cars. Well into his 80s, the legendary car designer...
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Stock market decline is muted, despite bank slumpMay 11, 2012 4:33 pm - JPMorgan’s surprise $2 billion trading loss prompted a sell-off in financial stocks Friday, with smaller declines across the broader market as investors decided thi...
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Prospectors ready to tap Haiti’s buried goldMay 11, 2012 3:28 pm - TROU DU NORD, Haiti — Its capital is blighted with earthquake rubble. Its countryside is shorn of trees, chopped down for fuel. And yet, Haiti’s land may hold ...
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Linden Oaks expanding mental health services in NapervilleMay 11, 2012 1:00 pm - At a time when many organizations across Illinois have seen cuts in funding for mental health services, officials from Linden Oaks at Edward Hospital in Naperville said ...
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Americans to spend $19B on mother’s day gifts -- some are just awfulMay 11, 2012 12:11 pm - NEW YORK — What were they thinking? Through plastic smiles or gritted teeth, moms have to suck it up sometimes when Mother’s Day means a gifted toilet, unsolic...
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Oil falls on slower Chinese production growthMay 11, 2012 11:24 am - NEW YORK — The price of oil is falling after reports that China’s rapid growth appears to be slowing down. China, the world’s second-largest oil consumer, reported a sha...
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Cheaper gas drives US wholesale price index lowerMay 11, 2012 11:24 am - WASHINGTON — A big decline in gas and energy costs drove a measure of U.S. wholesale prices lower in April. Outside that drop, prices barely rose. The Labor Departm...
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