Business Stories from May 15, 2013 (Change date)
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Richter painting sells for $37 million in NYCMay 15, 2013 1:17 pm - A monumental 20th century masterpiece by German artist Gerhard Richter has sold for $37 million at a New York City auction. Sotheby’s says “Domplatz, Mailand” set a reco...
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Durbin favors Pritzker as U.S. Secretary of CommerceMay 16, 2013 7:54 am - U.S. Sen. Dick Durbin says President Barack Obama's nominee for Secretary of Commerce is an excellent choice to head the federal agency. Durbin announced Tuesday his sup...
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Ill. urges cut in sodium to lower blood pressureMay 15, 2013 1:16 pm - SPRINGFIELD — Officials say reducing sodium consumption by 30 percent could prevent more than 100,000 cases of high blood pressure in Illinois and save $200 million in m...
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U.S. factory output falls 0.4 percent in AprilMay 15, 2013 9:52 am - WASHINGTON — U.S. factories cut back sharply on production in April, as auto companies cranked out fewer cars and most other industries reduced output. The weakness sugg...
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U.S. says Apple, publisher colluded to fix book pricesMay 15, 2013 9:52 am - Apple Inc. engaged in a horizontal price-fixing scheme with some of the U.S.’s largest publishers to violate antitrust laws by working “to strip retailers of pricing aut...
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Time Warner’s TBS, TNT cable channels to begin streaming onlineMay 15, 2013 9:52 am - Time Warner Inc.’s TBS and TNT channels will begin streaming their content online 24 hours a day this summer, letting pay-TV subscribers watch the networks using the Web...
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Macy’s profit tops estimates as stock buyback boostedMay 15, 2013 9:52 am - Macy’s Inc., the second-largest U.S. department-store chain, reported fiscal first-quarter profit that beat analysts’ estimates and increased its share buyback program b...
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