Business Stories from May 15, 2012 (Change date)
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Canadian airline begins daily flights from O'HareMay 15, 2012 8:00 am - Trips from Chicago to Canada just got easier. Canadian airline WestJet is offering daily nonstop flights from O'Hare International Airport to two destinations in Canad...
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Oil hovers below $95 amid Europe worriesMay 15, 2012 7:14 am - SINGAPORE — Oil prices hovered below $95 a barrel Tuesday in Asia near a five-month low amid concern about Europe’s debt crisis. Benchmark oil for June deliver...
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How will JPMorgan’s $2B loss affect banking rules?May 15, 2012 7:12 am - WASHINGTON — The $2 billion trading loss at JPMorgan Chase has renewed calls for stricter oversight of Wall Street banks. Two years after Congress passed an overhau...
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Best Buy Chairman steps down after CEO probeMay 15, 2012 7:00 am - Best Buy's founder Richard Schulze is stepping down as chairman of the beleaguered consumer-electronics chain after the company's investigation revealed that he failed ...
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Coty says it is withdrawing offer to buy AvonMay 15, 2012 6:45 am - Associated Press NEW YORK — Coty Inc. has slammed the door on Avon. Privately held Coty said late Monday that struggling direct cosmetics seller Avon Products Inc. ...
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Warmer weather pushes Home Depot 1Q profit upMay 15, 2012 6:41 am - Associated Press ATLANTA — Home Depot says its fiscal first-quarter profit climbed 27.5 percent as warmer weather brought consumers out for spring gardening and law...
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EU finance ministers haggle over bank rulesMay 15, 2012 6:39 am - BRUSSELS — European Union finance ministers are to meet in in Brussels Tuesday to hammer out an agreement over how high banks should build their defenses against future ...
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Honda shows robotics for easy and hands-free rideMay 15, 2012 6:00 am - TOKYO - Look, no hands. Scooting about on what looks like a floating car seat is no sweat for anyone with Honda's new hands-free robotics technology. Swaying your body ...
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Facebook raises IPO price as offering nearsMay 15, 2012 6:00 am - NEW YORK - Already expected to be the largest-ever initial public offering for an Internet company, Facebook is making its IPO even bigger. The world's largest online s...
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Poll: Half of Americans call Facebook a fadMay 15, 2012 6:00 am - Already expected to be the largest-ever initial public offering for an Internet company, Facebook is making its IPO even bigger. The world's largest online social netwo...