Business Stories from July 17, 2012 (Change date)
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Goldman’s net falls in Q2, but tops Wall StreetJul 17, 2012 12:03 pm - NEW YORK — Goldman Sachs says its net income fell 11 percent in the April-to-June period after the investment bank’s clients made fewer deals and avoided volatility in g...
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J&J 2Q profit down by half on lower sales, chargesJul 17, 2012 12:02 pm - Johnson & Johnson, a health care giant that is struggling with tougher market conditions, ongoing manufacturing problems and other issues, lowered its profit forecast fo...
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Coca-Cola’s revenue up, but costs eat into profitJul 17, 2012 12:02 pm - NEW YORK — The Coca-Cola Co. said Tuesday that it’s selling more of its sodas, sports drinks and bottled waters in most parts of the world, with growth particularly stro...
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FDA: BPA no longer allowed in baby bottlesJul 17, 2012 12:02 pm - WASHINGTON — The federal government announced Tuesday that baby bottles and sippy cups can no longer contain the chemical bisphenol-A, or BPA. The U.S. chemical industry...
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Cheaper gas keeps US consumer prices flatJul 17, 2012 11:49 am - WASHINGTON — Consumer prices were unchanged in June, held down by cheaper gas. Outside the volatile food and energy categories, inflation was mild. Weak economic growth...
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Closing DuPage County youth home saves millions, judge saysJul 17, 2012 11:00 am - Eight months after the DuPage County Board made a highly controversial decision to close the county youth home, DuPage's chief judge is calling the move “a financial gra...
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Dutch police, FBI investigate Delta sandwich needlesJul 17, 2012 9:41 am - THE HAGUE, Netherlands — Police at Amsterdam’s Schiphol Airport have opened a criminal investigation into how needles got into turkey sandwiches served to passengers on ...
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Bernanke offers no hints of imminent Fed actionJul 17, 2012 9:38 am - WASHINGTON — The U.S. economy has weakened and the Federal Reserve is ready to take further action to bolster growth if conditions don’t improve, Chairman Ben Bernanke t...
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Medicaid Fraud Case Targets 50 People Nationwide, FBI Says c.2012 Bloomberg NewsJul 17, 2012 8:36 am - July 17 (Bloomberg) -- Fifty people, including more than a dozen in New York, are being arrested as part of a national Medicaid fraud case, the Federal Bureau of Investi...
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TD Ameritrade profit dips 2 pct but beats forecastJul 17, 2012 8:22 am - OMAHA, Neb. — Online brokerage TD Ameritrade’s net income slipped 2 percent as trading slowed, but the company beat Wall Street expectations because expenses were down a...