Business Stories from February 8, 2013 (Change date)
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Steep drop in oil imports shrinks US trade deficitFeb 08, 2013 6:55 am - WASHINGTON — The U.S. trade deficit narrowed sharply in December because oil imports plummeted and total exports rose. The smaller trade gap means the economy likely per...
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McDonald’s sales fall again amid weakness in AsiaFeb 08, 2013 6:54 am - NEW YORK — McDonald’s says a key sales figure dropped again in January as the world’s biggest hamburger chain struggled with ongoing weakness in Japan and supply chain i...
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Japan’s increased beef demand good news for Wis.Feb 08, 2013 6:35 am - MADISON, Wis. — Japan is buying more American beef, which is good news for Wisconsin’s 14,000 cattle farmers. A Wisconsin Public Radio report says Japan used to restrict...
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McClatchy posts 4Q loss on debt refinancing chargeFeb 08, 2013 5:34 am - SACRAMENTO, Calif. — The McClatchy Co., publisher of 30 daily newspapers including The Sacramento Bee and The Miami Herald, said Thursday that it posted a loss in the fo...
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Hasbro profit falls during holiday seasonFeb 08, 2013 5:34 am - NEW YORK — Hasbro’s profit fell 6 percent during the key holiday quarter as the toymaker faced a challenging economy and shifting habits in the way kids play. The Pawtuc...
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Nissan quarterly profit dives on China sales slumpFeb 08, 2013 5:31 am - TOKYO — Nissan Motor Co. suffered a 35 percent plunge in October-December profit to 54.1 billion yen ($579 million) as global sales languished, especially in China, wher...
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U.S. consumer debt up in Dec. on student, auto loansFeb 08, 2013 5:29 am - WASHINGTON — Americans stepped up borrowing in December to buy cars and attend school. But they cut back sharply on credit card use, continuing a trend that could hold b...
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Oil rises after China trade exceeds expectationsFeb 08, 2013 5:25 am - BANGKOK — Oil prices rose Friday after China reported better-than-expected monthly trade data, a sign that its economic recovery is gaining traction. Benchmark oil for M...
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Greenlight Capital sues Apple in plan to end preferred stockFeb 08, 2013 5:00 am - Greenlight Capital Inc. sued to try to block Apple Inc. from adopting a measure at its Feb. 27 shareholder meeting that would amend the company's charter to eliminate pr...
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Cast out of Monopoly, the clothes iron enduresFeb 08, 2013 5:00 am - PROVIDENCE, R.I. — When online voters nixed the clothes iron token from Hasbro's Monopoly game, the appliance was held up as passe, as something your grandmother once us...