Business Stories from October 18, 2012 (Change date)
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Violence breaks out at Greek anti-austerity demoOct 18, 2012 9:00 am - ATHENS, Greece — Hundreds of youths pelted riot police with petrol bombs, bottles and chunks of marble Thursday as yet another Greek anti-austerity demonstration descend...
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China shows signs economic recovery taking shapeOct 18, 2012 9:00 am - BEIJING — China’s worst slump since the global financial crisis leveled out in the latest quarter and retail sales picked up in a sign an economic rebound is taking shap...
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U.S. unemployment aid applications jump to 388KOct 18, 2012 8:59 am - WASHINGTON — Weekly applications for U.S. unemployment benefits jumped 46,000 last week to a seasonally adjusted 388,000, the highest in four months. The increase repres...
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Fifth Third 3Q net income falls on chargesOct 18, 2012 8:37 am - CINCINNATI — Fifth Third Bancorp reported Thursday that its third-quarter net income fell because of one-time expenses related to debt repayment and accounting issues. S...
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Verizon 3Q profit rises, bolstered by wirelessOct 18, 2012 8:37 am - NEW YORK — Verizon’s Share Everything plan looks like it’s good for the company’s shares, too. The parent of the nations’ largest cellphone company on Thursday reported ...
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Chinese firm says U.S. rejection deters investmentOct 18, 2012 8:37 am - BEIJING — The Chinese company suing President Barack Obama for blocking its planned wind farm projects in Oregon accused the U.S. leader and his government of discrimina...
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Philip Morris Int’l 3Q profit falls 6 percentOct 18, 2012 8:37 am - RICHMOND, Va. — Cigarette maker Philip Morris International Inc.’s third-quarter net income fell more than 6 percent, despite higher prices, as the company sold fewer ci...
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Southwest posts small profit after weak SeptemberOct 18, 2012 8:37 am - Southwest Airlines eked out a small third-quarter profit in spite of a September slowdown, the company said on Thursday. The airline has been using a mix of fare increas...
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Morgan Stanley shares rise on higher earningsOct 18, 2012 8:37 am - NEW YORK — Morgan Stanley reported higher revenue and net income for its third quarter Thursday thanks to gains in its bonds and asset management businesses. Excluding ...
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Union Pacific 3Q profit up 15 pct on price hikesOct 18, 2012 8:37 am - OMAHA, Neb. — Union Pacific said Thursday that its third-quarter profit climbed 15 percent because price increases and more automotive and chemical shipments helped the ...
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