Business Stories from June 1, 2012 (Change date)
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Behind the numbers: Why execs aren't hiringJun 01, 2012 7:00 am - WASHINGTON — The U.S. economy suddenly looks a lot weaker. Only 69,000 jobs were added in May, the fewest in a year, and the unemployment rate rose from 8.1 percent to 8...
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Report: Formula One delays $2 billion share saleJun 01, 2012 5:52 am - Dealogic says motorsport franchise Formula One has delayed its estimated $2 billion initial public offering in Singapore, joining a slew of companies that have delayed I...
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Barclays hires wealth managers in Switzerland to double assetsJun 01, 2012 5:52 am - Barclays Plc, the U.K.’s second- largest bank by assets, plans to hire more advisers to wealthy clients in Switzerland to help it double funds under management by 2015. ...
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Citigroup’s Arduini named head of investor sales for EuropeJun 01, 2012 5:52 am - Citigroup Inc. named Leonardo Arduini, chief country officer for Italy, as head of investor sales for markets in Europe, the Middle East and Africa. Renzo Arcoria will b...
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Italian jobless rate exceeds 10 percent as recession bitesJun 01, 2012 5:52 am - Italy’s joblessness rose more than economists forecast in April to the highest in 12 years amid a deepening slump in Europe’s fourth-biggest economy. The unemployment ra...
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Small biz lending shrinks as owners grow cautiousJun 01, 2012 5:51 am - NEW YORK — A study released Friday by PayNet, a research firm that tracks loans to small business, shows that lending fell 2 percent in April after a 3 percent drop in M...
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Google adds feature to help China searchersJun 01, 2012 5:51 am - BEIJING — Google has fired a new salvo in a censorship battle with Beijing by adding a feature that warns users in China who enter search keywords that might produce blo...
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Jobless rate now a leading political indicatorJun 01, 2012 5:51 am - WASHINGTON — Every four weeks between now and November, a single number issued from a spare, windowless room in the heart of the federal bureaucracy will set the battle ...
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Early results: Ireland votes to approve EU treatyJun 01, 2012 5:51 am - DUBLIN — Ireland’s voters have decided to ratify the European Union’s deficit-fighting treaty with “yes” votes reaching nearly 60 percent, according to election official...
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World economy heading for mid-year lullJun 01, 2012 5:00 am - The world economy is heading for its third straight mid-year lull after manufacturing output shrank in Europe and slowed in China, leaving the U.S. under pressure to dri...
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