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Business Stories from May 18, 2012 (Change date)

HSBC says regulations may prompt UK exit

Associated Press
May 18, 2012 9:53 am - LONDON — HSBC may decide to sell its U.K. retail banking operations, depending on the impact of yet to be announced new banking regulations, published reports say. The T...
U.S. futures set to rebound as G-8 leaders gather

Associated Press
May 18, 2012 8:47 am - NEW YORK — U.S. stock futures are rebounding as leaders of eight of the world’s biggest economies begin to gather outside of Washington to determine how best to limit da...
Alcoa starts expansion of Lafayette Indiana facility

Associated Press
May 18, 2012 8:00 am - LAFAYETTE, Ind. — Construction is starting on a new $90 million facility at Alcoa's factory in Lafayette. The company held a groundbreaking ceremony Thursday for the new...
Greece to dissolve Parliament for new election

Associated Press
May 18, 2012 6:30 am - ATHENS, Greece  Greeces Parliament is to be dissolved so new elections can be held June 17. The move Friday comes after an inconclusive election left squabbl...
Obama to tout $3B pledge for food security

Associated Press
May 18, 2012 6:30 am - WASHINGTON — President Barack Obama is set to announce $3 billion in private sector pledges aimed at alleviating hunger in Africa and urge the world's biggest economies ...
Oil falls to near $92 after sharp 2-week selloff

Associated Press
May 18, 2012 6:28 am - SINGAPORE  Oil prices fell to near $92 a barrel Friday in Asia, extending a sharp two-week selloff as the latest twists in Europes debt crisis added to a glo...
Fate of 'uninsurables' hinges on Supreme Court

Associated Press
May 18, 2012 6:00 am - WASHINGTON - Cancer patient Kathy Watson voted Republican in 2008 and believes the government has no right telling Americans to get health insurance. Nonetheless, she sa...

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