Business Stories from September 11, 2012 (Change date)
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Morgan Stanley to buy Citi’s Smith Barney stakeSep 11, 2012 10:10 am - NEW YORK — Morgan Stanley and Citigroup settled a dispute Tuesday over the value of the brokerage firm Morgan Stanley Smith Barney, which they jointly own. The deal cle...
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McDonald’s sales figure bounces back in AugustSep 11, 2012 10:10 am - NEW YORK — Oak Brook-based McDonald’s said a key sales figure climbed 3.7 percent in August, as the fast-food chain emphasized the value of its menu offerings amid the c...
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Animal shelter plans tag days, adoption eventSep 11, 2012 7:48 am - You’ll find more than clothes, jewelry and household items at Geneva Commons later this month. The folks from Anderson Animal Shelter in South Elgin will be at the Randa...
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July imports push deficit to $42 billionSep 11, 2012 7:00 am - WASHINGTON — The U.S. trade deficit grew slightly in July as exports fell at a slightly faster pace than imports. The Commerce Department said Tuesday that the trade de...
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TV service, viewing slowly changingSep 11, 2012 7:00 am - NEW YORK — The number of U.S. homes that don’t get traditional television service continues to increase, but that doesn’t mean they don’t have TVs. The Nielsen company s...
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Burberry rattles luxury-goods industry as revenue growth slowsSep 11, 2012 6:29 am - Burberry Group Plc, the U.K.’s largest luxury-goods maker, said full-year profit will disappoint after sales growth slowed globally, sending the shares down the most eve...
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China’s Haier makes Fisher & Paykel takeover bidSep 11, 2012 6:29 am - WELLINGTON, New Zealand — Chinese home appliance giant Haier Group has launched a $704 million takeover bid for New Zealand’s Fisher & Paykel Appliances. Haier, which al...
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Vatican hires Swiss anti-money laundering expertSep 11, 2012 6:28 am - VATICAN CITY — The Vatican has hired a Swiss anti-money laundering expert to try to improve its efforts to fight financial crimes. The announcement Tuesday comes two mon...
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China’s Wen promises to boost consumer spendingSep 11, 2012 6:28 am - BEIJING — Premier Wen Jiabao promised to step up efforts to stabilize China’s slowing economy with tax cuts and measures to boost consumer spending but appeared to rule ...
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No school, no work: Young see toll from recessionSep 11, 2012 6:28 am - PARIS — A new report says recessions in many nations are pushing a growing number of young people out of education and out of the workforce. The report Tuesday from the...