Business Stories from December 11, 2012 (Change date)
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Stocks gain on optimism of budget talks progressDec 11, 2012 10:30 am - NEW YORK — The stock market sprang back to life Tuesday, putting the Dow Jones industrial average on track for its biggest gain this month, following hopeful signs of pr...
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NTSB recommends ignition locks for all drunk driversDec 11, 2012 10:30 am - WASHINGTON — A federal safety board is recommending that all states require ignition interlock devices for convicted drunk drivers, including first-time offenders. The f...
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Michigan governor signs right-to-work lawDec 11, 2012 10:30 am - LANSING, Mich. — Over the chants of thousands of angry protesters, Republican lawmakers made Michigan a right-to-work state Tuesday, dealing a devastating and once-unthi...
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Delta buys 49 percent stake in Virgin AtlanticDec 11, 2012 8:57 am - Delta Air Lines said it will buy almost half of Virgin Atlantic for $360 million as it seeks a bigger share of the lucrative New York-to-London travel market. Delta plan...
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Voter disdain spreads as ‘fiscal cliff’ loomsDec 11, 2012 6:00 am - HOOKSET, N.H. — From New Hampshire diners to Colorado coffee shops, voters are reporting widespread disdain with Washington’s inability to resolve the so-called fiscal c...
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Right-to-work debate heats up ahead of Mich. voteDec 11, 2012 5:57 am - LANSING, Mich. — Even with the outcome considered a foregone conclusion, the heated battle over right-to-work legislation in the traditional union bastion of Michigan sh...
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Holiday gifts for pets following high-tech trendDec 11, 2012 5:53 am - LOS ANGELES — A holiday present for Fido or Fluffy used to be an extra table scrap or a new squeeze toy. But as with gifts for their human counterparts, pet presents are...
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Markets solid despite ongoing US, Italian concernsDec 11, 2012 5:40 am - LONDON — Markets retained their optimistic tone Tuesday even though U.S. leaders have yet to thrash out a budget deal that could prevent recession in the world’s largest...
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Fed is expected to launch new bond buying programDec 11, 2012 5:38 am - WASHINGTON — With a nervous eye on the “fiscal cliff,” the Federal Reserve is expected this week to announce a new bond-buying plan to support the U.S. economy. The goal...
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EU approves common patent rulesDec 11, 2012 5:33 am - BRUSSELS — The European Union has approved a common patent system to cut red tape and streamline patent procedures across much of Europe. The European Parliament on Tue...