Business Stories from May 16, 2012 (Change date)
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Airbus parent profits hit by A380 wing problemMay 16, 2012 7:00 am - PARIS — Airbus parent company EADS says its first quarter earnings were hammered by a hefty $203-million charge to fix problematic wing parts on its flagship A380 superj...
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Lawmakers gather to talk deficit, answers elusiveMay 16, 2012 6:33 am - WASHINGTON — Government leaders past and present gathered in Washington to do what they do best about the nation’s deficit woes: talk. At an annual “fisca...
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Evacs and drills pared near nuke plantsMay 16, 2012 6:32 am - Without fanfare, the nation’s nuclear power regulators have overhauled community emergency planning for the first time in more than three decades, requiring fewer e...
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New terminal at Atlanta's airport to openMay 16, 2012 6:30 am - ATLANTA - The new $1.4 billion international terminal at the world's busiest airport is set to open in Atlanta. The sleek launching pad for millions of passengers is de...
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Bank of England downgrades U.K. growth forecastMay 16, 2012 6:29 am - LONDON — The Bank of England has trimmed its forecast for U.K. economic growth this year to 0.8 percent, but expects inflation to remain above target for another ye...
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Pace of new credit card accounts picked up in 1QMay 16, 2012 6:28 am - LOS ANGELES — U.S. credit card users are getting better about making their payments on time, even as banks are increasingly issuing cards to borrowers with less-tha...
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Greek chaos continues to roil world marketsMay 16, 2012 6:26 am - LONDON — The shockwaves from Greece’s failure to form a coalition government continued to reverberate around markets on Wednesday, with investors concerned tha...
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Lack of trust in Facebook may hold back ad salesMay 16, 2012 6:23 am - NEW YORK — Facebook’s reach is wide but not deep. Few users surveyed in an Associated Press-CNBC poll say they click on the site’s ads or buy the virtual goods that make...
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Zuckerberg’s Facebook story is study in contrastsMay 16, 2012 6:19 am - $PHOTOCREDIT_ON$Associated Press$PHOTOCREDIT_OFF$ When Hollywood set out to tell the story of how Mark Zuckerberg launched Facebook, it enjoyed the flexibility of portra...
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Facebook boosts size of IPO by 25 percentMay 16, 2012 6:00 am - NEW YORK - Facebook's owners now plan to sell 25 percent more shares in the company as investors clamor for shares in the year's hottest stock offering. Facebook says i...