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Business Stories from May 22, 2014 (Change date)

Lowe's 1Q results rise, but miss expectations

Associated Press
May 22, 2014 1:01 am - MOORESVILLE, N.C. - Home-improvement retailer Lowe's fiscal first-quarter net income climbed 16 percent, bolstered in part by a lower tax rate. But its revenue and its ...
Economic data on U.S., China boost stocks

Associated Press
May 22, 2014 1:01 am - Stocks got off to a good start Thursday and held onto their gains, carving out a modest increase for the second day in a row. Amid a relatively slow week of trading, thi...
FBI head: Cyber crime posing 'enormous challenge'

Associated Press
May 22, 2014 1:01 am - WASHINGTON - Law enforcement faces an "enormous challenge" in preventing state-sponsored cyber crimes, FBI Director James Comey said Wednesday, days after the Justice De...
House passes curbs on NSA surveillance

Associated Press
May 22, 2014 1:01 am - WASHINGTON - The House on Thursday passed legislation to end the National Security Agency's bulk collection of American phone records, the first legislative response to ...
Madigan resurrects tax on millionaires

Associated Press
May 22, 2014 1:00 am - SPRINGFIELD — Powerful Illinois House Speaker Michael Madigan on Thursday resurrected a proposed ballot measure to impose a tax surcharge on millionaires that had earlie...
Sears 1Q loss widens, may close more stores

Associated Press
May 22, 2014 1:00 am - NEW YORK — Hoffman Estates-based Sears Holdings signaled that it may close more stores than the 80 locations it is shuttering this year as the beleaguered retailer looks...
Kirk wants probe of Hines VA hospital

Associated Press
May 22, 2014 1:00 am - U.S. Sen. Mark Kirk said Thursday that there is new evidence of a “culture of corruption” at a veterans hospital in the Western suburbs and that a federal investigation ...
After years of going big, Vegas hotels go boutique

Associated Press
May 22, 2014 1:00 am - LAS VEGAS — For years, Las Vegas took the bigger-is-better route, building expansive glassy megaresorts with 4,000 rooms apiece and seemingly endless check-in counters. ...
Gasoline prices have familiar look as summer nears

Associated Press
May 22, 2014 1:00 am - The price of gasoline should look familiar to many drivers this Memorial Day. For the third year in a row, the national average will be within a penny or two of $3.64 pe...

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