Business Stories from January 8, 2016 (Change date)
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Swiss central bank loses billions from currency moveJan 08, 2016 5:30 am - GENEVA (AP) - The Swiss National Bank says it expects to post a massive loss of 23 billion Swiss francs ($23 billion) for 2015, largely because of its decision a year ag...
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Alcoa's layoff of 600 worries many in southwestern IndianaJan 08, 2016 10:05 am - NEWBURGH, Ind. (AP) - Many in southwestern Indiana are worried about the impact of Alcoa's decision to cut 600 jobs as it shuts down part of its aluminum manufacturing o...
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Phoenix bus drivers strike, idling most of city's busesJan 08, 2016 5:30 pm - PHOENIX (AP) - A Phoenix bus drivers strike idling public transportation in the nation's sixth-largest city showed no signs of resolution Friday as negotiations hit an i...
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Scandal-hit Volkswagen sees sales fall 2 percent in 2015Jan 08, 2016 11:31 am - FRANKFURT, Germany (AP) - German automaker Volkswagen says its global sales fell 2 percent last year as it struggled with a scandal over cars it had rigged to evade dies...
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Report: Holiday shopping online spurred by mobile salesJan 08, 2016 2:01 pm - NEW YORK (AP) - It was the year smartphones saved Santa. As expected, numbers out Friday from research firm comScore confirmed mobile shopping, which includes smartphone...
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Thai cosmetics company pulls ad showing actress in blackfaceJan 08, 2016 6:00 am - BANGKOK (AP) - A Thai cosmetics company quickly pulled a video in which an actress wears blackface and promotes a skin-whitener with the slogan: "You just need to be whi...
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German industrial production dips 0.3 pct in NovemberJan 08, 2016 1:30 am - BERLIN (AP) - Industrial production in Germany declined by 0.3 percent in November. Figures published Friday by the Economy Ministry showed production compared with Octo...
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Gap, Container Store, Time Warner make big movesJan 08, 2016 4:01 pm - NEW YORK (AP) - Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq stock market: NYSE The Container Store Group Inc.,...
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Regulators approve Charter's buy of Time Warner Cable in NYJan 08, 2016 3:31 pm - ALBANY, N.Y. (AP) - Regulators on Friday approved Charter Communications' purchase of Time Warner Cable's New York subsidiaries while requiring new service commitments f...
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Thermo Fisher adds Affymetrix to biotech toolkit for $1.3BJan 08, 2016 5:01 pm - WALTHAM, Mass. (AP) - Thermo Fisher Scientific Inc. is paying $1.3 billion to add Affymetrix Inc. to its biotechnology toolkit. The deal announced Friday requires Thermo...
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