Business Stories from August 22, 2012 (Change date)
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Analysts: Recession likely without budget accordAug 22, 2012 10:35 am - WASHINGTON — A new recession is likely if a stalemate over tax and spending cuts continues between Democrats and Republicans, according to fresh, dire projections by the...
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Toll Brothers 3Q profit risesAug 22, 2012 10:35 am - NEW YORK — Active high-end buyers and the inklings of a housing market recovery proved to be a profitable mix for Toll Brothers in its third quarter, as it delivered mor...
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Chinese solar industry faces weak sales, price warAug 22, 2012 10:35 am - BEIJING — Chinese solar panel makers that grew fast over the past decade are suffering big losses due to slumping global sales and a price war that threaten an industry ...
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T-Mobile brings back unlimited data planAug 22, 2012 10:35 am - NEW YORK — Unlimited wireless data is back. After sliding off the menu of cellphone plans, data plans with no caps are making a comeback at smaller wireless companies tr...
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France PM announces gasoline tax cutAug 22, 2012 10:35 am - PARIS — France is to cut gasoline taxes to ease the pressure of rising prices on French households, the prime minister announced Wednesday, as the Socialist-led governme...
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China Telecom profit down 8.3 percentAug 22, 2012 10:35 am - BEIJING — China Telecom Ltd., one of the country’s three major state-owned phone carriers, said Wednesday its first-half profit fell 8.3 percent amid intense competition...
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UPS extends offer period for TNTAug 22, 2012 10:35 am - NEW YORK — United Parcel Service Inc. is extending the offer period for its $6.77 billion acquisition of Dutch delivery company TNT Express. Since the two companies are...
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Rise in U.S. home sales reflects steady improvementAug 22, 2012 10:00 am - WASHINGTON — The recovery of the U.S. housing market is looking steadier and more sustainable, a trend that will likely add to economic growth in 2012 for the first time...
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Joint Commission launches lab central connect portalAug 22, 2012 9:31 am - The Joint Commission today announced the launch of Lab Central Connect in Oakbrook Terrace for accredited laboratories. The portal is designed to help Joint Commission-a...
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Krons Foods sponsors annual ‘Free Gyros Day”Aug 22, 2012 9:30 am - Glendale Heights-based Kronos Foods, Inc., a manufacturer of premium Gyros and other Mediterranean specialty food items, will host the fourth annual “Kronos Free Gyros D...