Business Stories from June 1, 2012 (Change date)
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Facebook stock follows market, falls sharplyJun 01, 2012 11:31 am - NEW YORK — Facebook’s stock is falling with the broader market following a weak jobs report that showed the U.S. economy adding far fewer jobs than expected. Shares of F...
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News Corp. lawyer: 500 hacking claims possibleJun 01, 2012 11:31 am - LONDON — A lawyer for Rupert Murdoch’s British newspaper group says the company could face 500 lawsuits from victims of tabloid phone hacking — far more than have so far...
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Cyber criminals using new tricks for break-insJun 01, 2012 11:31 am - WASHINGTON — Remember all those phony emails that purport to be from your bank, asking you to click on a link and turn over your account information? Cyber experts say ...
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Romney says May jobs report is ‘devastating news’Jun 01, 2012 10:04 am - WASHINGTON — Mitt Romney says the monthly jobs report released Friday is “devastating news” for workers and their families. U.S. employers added 69,000 jobs in May, the ...
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U.S. construction spending up 0.3 percent in AprilJun 01, 2012 10:03 am - WASHINGTON — U.S. builders increased their spending on construction projects for a second month in April. A pickup in home construction and commercial projects offset a ...
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Walton heir vows no tolerance for bribery violationsJun 01, 2012 10:03 am - FAYETTEVILLE, ARK. — Wal-Mart Stores Inc. Chairman Robson Walton, son of founder Sam Walton, pledged to shareholders at the company’s annual meeting Friday that it will ...
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Car shows and cruise nights fill suburban nightsJun 01, 2012 10:03 am - Car shows June 2: Blacktop Barons Road Block at Lyon Farm Historical Village, 7935 Route 71, Yorkville. 10 a.m.-4 p.m. Pre-1966 hot rods and motorcycles. $20 for entrees...
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Dismal job market pushes Dow into 275-point plungeJun 01, 2012 9:00 am - U.S. stocks are closing with their biggest declines this year after a dismal jobs report and troubling economic news from overseas. The government said Friday that emplo...
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Chrysler sales up 30 percentJun 01, 2012 8:00 am - DETROIT — Chrysler's U.S. sales jumped 30 percent last month, a sign that Americans remain determined to replace their aging cars despite the falling stock market and sh...
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US consumer spending up 0.3 percent in AprilJun 01, 2012 7:44 am - WASHINGTON — Consumer spending edged up modestly in April but personal income growth was the slowest in five months, raising concerns about the ability of Americans to k...