Business Stories from September 28, 2012 (Change date)
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Higher gas costs push U.S. consumer spending upSep 28, 2012 10:50 am - WASHINGTON — Americans boosted their spending in August even though their income barely grew. Much of the spending increase went to pay higher gas prices, which may have...
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Kodak plans to end consumer inkjet printer salesSep 28, 2012 10:50 am - NEW YORK — Kodak said Friday that it plans to stop selling consumer inkjet printers and will eliminate 200 more jobs than previously projected as it requested more time ...
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U.S. consumers more confident in SeptemberSep 28, 2012 10:50 am - WASHINGTON — Higher stock prices and rising home values boosted a measure of consumer confidence in September to its second-highest level in nearly five years. The Univ...
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Apple CEO on new maps app: ‘Extremely sorry’Sep 28, 2012 10:22 am - NEW YORK — Apple CEO Tim Cook says the company is “extremely sorry” for the frustration its Maps application has caused and it’s doing everything it can to make it bette...
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Abbott executive named to head drug group has no college degreeSep 28, 2012 10:03 am - Abbott Laboratories’ executive Richard Gonzalez, named to take the top spot at the pharmaceutical spinoff once the drug and medical device maker splits in two, never gra...
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Sony to buy Olympus stake as hirai seeks revival from lossesSep 28, 2012 7:06 am - Sony Corp., Japan’s largest consumer-electronics exporter, will invest 50 billion yen ($645 million) in Olympus Corp. as part of its strategy to move into the medical-eq...
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FDA warning public of risks of online pharmaciesSep 28, 2012 7:04 am - The Food and Drug Administration is warning the public that most Internet pharmacies are fraudulent, selling drugs that likely are counterfeit and could harm or even kil...
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Starbucks to open first India store in OctoberSep 28, 2012 7:03 am - MUMBAI, India — Starbucks will open its first outlet in India by the end of October in an upscale neighborhood of Mumbai and has appointed a chief executive to head its ...
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Eurozone inflation in surprise rise in SeptemberSep 28, 2012 7:03 am - LONDON — Inflation in the 17 countries that use the euro rose unexpectedly to a six-month high in September, official figures showed Friday, weakening expectations of an...
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WTO agrees to probe U.S. Anti-subsidy duties on Chinese importsSep 28, 2012 7:02 am - The World Trade Organization will decide whether U.S. anti-subsidy duties affecting $7.3 billion of Chinese products such as solar panels, thermal paper, wind towers and...