Business Stories from August 1, 2012 (Change date)
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On a chaotic day, Fed, glitches push stocks lowerAug 02, 2012 6:58 am - NEW YORK — There was more than one story line playing out in the stock market Wednesday. The market wavered between gains and losses for much of the day, yanked around b...
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Power restored in India, but outage cause unclearAug 01, 2012 9:37 am - NEW DELHI — Factories and workshops across India were up and running Wednesday after major electrical grid collapses caused the world’s two worst power blackouts. An es...
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European stocks gain amid speculation of central bank assistanceAug 01, 2012 11:15 am - European stocks rose as speculation central banks will take further steps to support the economic recovery outweighed a contraction in U.K. manufacturing. U.S. index fut...
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‘Battleship’ dud hits Comcast earnings in 2QAug 02, 2012 6:58 am - NEW YORK — “Battleship” failed to sink Comcast’s second-quarter earnings as strong results from cable operations overcame returns the box-office flop. The Philadelphia-b...
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Stronger dollar, weak sales weigh on Avon 2QAug 01, 2012 11:15 am - NEW YORK — Avon Products says its second-quarter net income fell 70 percent, hurt by the stronger dollar and lower demand globally for its makeup and skin care products....
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Dutch: unknown if Delta-Air Canada needles relatedAug 01, 2012 10:59 am - AMSTERDAM — A spokesman for Dutch police investigating how needles got into six turkey sandwiches on Delta Air Lines flights from Amsterdam to U.S. cities last month say...
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Medicare fraud busters unveil command centerAug 01, 2012 11:15 am - BALTIMORE) — Medicare fraud busters invited the news media to visit their new $3.6 million command center and see high-tech tools being deployed to track down scammers. ...
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Burger King 2Q profit rises, focuses on overseasAug 01, 2012 11:15 am - NEW YORK — Burger King Worldwide Inc.’s net income surged 60 percent in the second quarter, as the fast food chain reworked its menu and focused on expanding overseas. T...
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