Business Stories from May 1, 2013 (Change date)
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Stocks sink as economic outlook dims; Dow off 138May 01, 2013 4:33 pm - NEW YORK — Signs of a slowing economy dragged down the stock market Wednesday. Even the prospect of continued stimulus from the Federal Reserve didn’t help. Major market...
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Facebook revenue exceeds estimates on mobile-advertising surgeMay 01, 2013 4:05 pm - Bloomberg News SAN FRANCISCO — Facebook reported sales that exceeded analysts’ estimates as the operator of the world’s most popular social-networking service attracted ...
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Illinois coal industry enjoyed record exports in 2012May 01, 2013 3:52 pm - Illinois’ abundant high-sulfur coal once shunned as a pollution source by U.S. utilities saw record demand oversees last year even as domestic coal providers broadly cur...
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Meatheads coming to Barrington; Tropical Smoothie Cafe closesMay 01, 2013 2:48 pm - Meatheads, noted for all-natural Angus beef burgers and fresh-cut fries, is expected to open this summer in the former Tropical Smoothie Cafe site in The Shops of Fl...
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U.S. manufacturing grows in April at slower paceMay 01, 2013 11:56 am - WASHINGTON — U.S. factory activity expanded at a slower pace in April, held back by weaker hiring and less company stockpiling. The report is the latest sign that econom...
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U.S. construction spending down 1.7 percent in MarchMay 01, 2013 11:56 am - WASHINGTON — Spending on U.S. construction projects fell in March as the biggest drop in government projects in more than a decade overwhelmed strength in home building....
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Abused disabled Iowa plant workers awarded $240MMay 01, 2013 11:56 am - IOWA CITY, Iowa — A Texas company has been ordered to pay 32 mentally disabled workers $240 million in damages for what government lawyers described as years of round-th...
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PepsiCo pulls Mountain Dew ad after criticismMay 01, 2013 11:56 am - NEW YORK — PepsiCo is once again learning the risks of celebrity partnerships after an ad for Mountain Dew was criticized for portraying racial stereotypes and making li...
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Survey: Private employers add just 119K in AprilMay 01, 2013 11:56 am - WASHINGTON — A private survey shows U.S. companies added just 119,000 jobs in April, the fewest in seven months. The report Wednesday from payroll processor ADP suggest...
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Comcast profit rises 17 percent in 1QMay 01, 2013 11:56 am - NEW YORK — Comcast Corp., the nation’s largest cable company and owner of NBCUniversal, on Wednesday said its net income rose 17 percent in the latest quarter, powered b...
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