Business Stories from January 10, 2013 (Change date)
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Supervalu sells Jewel-Osco to Cerebrus groupJan 10, 2013 7:30 am - NEW YORK — Supervalu Inc. is selling off five of its grocery chains, including Albertson's and Jewel-Osco, after years of being squeezed by intensifying competition. The...
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Solar market to rise 22 percent in 2013, Deutsche Bank predictsJan 10, 2013 7:22 am - The global solar market will rise 22 percent to 33.4 gigawatts in 2013, with gains in China, the U.S. and India more than offsetting declines in Germany and Italy, Deuts...
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Nokia earnings at mobile-phone business beat its forecastJan 10, 2013 7:22 am - Nokia Oyj, the Finnish mobile-phone maker seeking to reverse falling sales, reported fourth-quarter profitability for its handset business exceeding its forecast, helped...
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Life insurer acquisitions ‘ripe for acceleration,’ Deloitte saysJan 10, 2013 7:21 am - Life insurers may pursue more acquisitions worldwide to add business as capital builds while low bond yields and sluggish economic growth weigh on results. “There seems ...
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Mexico’s economy grew 4.33% In october from year earlierJan 10, 2013 7:21 am - Mexico’s economy expanded 4.33 percent in October from a year earlier, the national statistics agency said today on its website. The increase in the global economic indi...
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Ford doubles dividend to 10 centsJan 10, 2013 7:18 am - DEARBORN, Mich. — Ford Motor Co. is doubling its quarterly dividend to 10 cents, just nine months after paying its first dividend in more than five years. The automaker...
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IBM gets most U.S. patents for 20th year with overseas helpJan 10, 2013 7:17 am - International Business Machines Corp. racked up more U.S. patents than any other company for the 20th straight year, helped by increasing contributions from its research...
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Amazon adding digital music copies to CDs bought via web storeJan 10, 2013 7:00 am - Amazon.com Inc., the largest online retailer, will offer digital copies of CDs bought on its site, as it competes with Apple Inc. and Google Inc. to attract music lovers...
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UN says food prices drop againJan 10, 2013 5:41 am - A U.N. agency plays down fears of a looming world food crisis as international coordination and flagging demand have led to a drop in food prices for the third consecuti...
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Oil up as China trade, US earnings show recoveryJan 10, 2013 5:40 am - BANGKOK — Oil prices rose Thursday, propelled by a rebound in China’s trade growth and an encouraging start to the U.S. corporate earnings season. Benchmark crude for Fe...