Business Stories from November 5, 2015 (Change date)
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AstraZeneca revenues fall amid generic competitionNov 05, 2015 6:00 am - LONDON (AP) - Anglo-Swedish drug firm AstraZeneca says third quarter revenue fell 10 percent to $5.95 billion as competition from generic drugmakers hit sales. The compa...
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Metro hires Paul Wiedefeld as GM, ending long search in DCNov 05, 2015 6:00 am - WASHINGTON (AP) - Metro's long search for a new general manager is over. The beleaguered transit agency announced Thursday that Paul Wiedefeld will take over as general ...
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McVegan: Former McDonald's CEO joining board of Beyond MeatNov 05, 2015 6:00 am - NEW YORK (AP) - Former McDonald's CEO Don Thompson is flipping a new type of burger - one made without meat. Beyond Meat, a California startup that wants to replace beef...
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Picasso nude portrait fetches over $67 million at NY auctionNov 05, 2015 6:00 am - NEW YORK (AP) - A nude portrait by Pablo Picasso brought in more than $67 million at Sotheby's on Thursday, a day after the auction house sold $377 million worth of art ...
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Kraft Heinz secures tax breaks from Iowa for Davenport plantNov 05, 2015 6:00 am - DES MOINES, Iowa (AP) - Kraft Heinz secured millions in tax breaks from Iowa economic officials on Thursday for a new plant in Davenport, one day after the food company ...
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Scottish man charged in alleged Twitter stock fraudNov 05, 2015 6:00 am - SAN FRANCISCO (AP) - A federal grand jury in San Francisco indicted a Scottish man on Thursday for securities fraud after prosecutors say he manipulated stock prices usi...
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Wells Fargo to pay $81.6M to homeowners in bankruptcyNov 05, 2015 6:00 am - Wells Fargo Bank has agreed to pay $81.6 million to settle claims that it failed to notify homeowners in bankruptcy of changes in their mortgage payments. The Department...
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North Korea lifts entry bans on 2 South Korean officialsNov 05, 2015 6:00 am - SEOUL, South Korea (AP) - North Korea on Friday lifted entry bans it had imposed earlier this week on two South Korean officials involved in managing a jointly-run facto...
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In Tech: Light field VR camera, automatic Windows upgradesNov 05, 2015 6:00 am - Recording live-action scenes for virtual-reality devices has been limited by the fact that cameras are stuck in one position and headset wearers can't lean their heads o...
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City Sports liquidating assets, closing all 26 locationsNov 05, 2015 6:00 am - BOSTON (AP) - Athletic gear retailer City Sports Inc. is selling its assets to a group known for buying struggling companies after failing to find a buyer willing to kee...