Business Stories from March 20, 2013 (Change date)
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American Realty makes $5.74B bid for Cole CreditMar 20, 2013 7:11 am - NEW YORK — American Realty Capital Properties Inc. is offering to buy another real estate investment trust, Cole Credit Property Trust III, in a cash-and-stock deal valu...
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Treasury’s Lew stresses shared interest with ChinaMar 20, 2013 7:09 am - BEIJING — U.S. Treasury Secretary Jacob Lew has stressed China’s and America’s shared interest in ensuring global economic growth in a meeting with new Chinese Premier L...
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Deutsche Bank takes $0.8 billion lawsuits chargeMar 20, 2013 7:08 am - FRANKFURT, Germany — Deutsche Bank has cut its 2012 profit figure because of new charges for possible costs from mortgage-related lawsuits in the U.S. The bank said Tue...
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China Telecom profit falls 9.5 percentMar 20, 2013 7:08 am - HONG KONG — State-owned China Telecom Corp. said Wednesday that profit fell 9.5 percent last year because it spent more to market the iPhone as it battled rivals for hig...
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News ratings plummet with time change, longer daysMar 20, 2013 7:06 am - NEW YORK — Despite a busy week with the selection of a new pope, the ABC, CBS and NBC evening newscasts collectively had 11 percent fewer viewers than the week before — ...
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Court tells travel sites to pay Hawaii $70 millionMar 20, 2013 7:03 am - HONOLULU — Popular travel sites are being told to pay Hawaii a $70 million penalty for skirting state general excise taxes over the past 10 years. A tax appeal court has...
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World stocks rise ahead of Fed statementMar 20, 2013 7:02 am - BANGKOK — World stock markets moved higher Wednesday as investors set aside their apprehension over the financial fate of Cyprus and looked ahead to the Federal Reserve ...
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GOP pillories administration’s sequester prepMar 20, 2013 6:58 am - WASHINGTON — House Republicans are accusing the Obama administration of poorly preparing for the $85 billion in automatic spending cuts while at the same time scaring pe...
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Oil prices rise as U.S. housing improvesMar 20, 2013 6:56 am - BANGKOK — The price of oil rose Tuesday as energy markets set aside worries about a financial crisis in Cyprus after the release of strong U.S. housing data. Benchmark o...
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Airlines raise 2013 profit outlookMar 20, 2013 6:53 am - GENEVA — The global airline industry has forecast a modest improvement in global net profits for 2013, crediting a backdrop of rising optimism about the world’s economy ...