Business Stories from January 15, 2016 (Change date)
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Wal-Mart to shutter 269 stores, 154 of them in the USJan 15, 2016 4:01 pm - NEW YORK (AP) - Wal-Mart is doing some rare pruning. The world's largest retailer is closing 269 stores, including 154 in the U.S. that includes all of its locations und...
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Get used to it: Big drops for stocks are back againJan 15, 2016 3:01 pm - NEW YORK (AP) - Yes, this is scary. Stock prices plunged again Friday and are down 8 percent in just two weeks, an unprecedented slide for a start of a year. The vicious...
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AP Interview: Cyprus president spurns haste in peace talksJan 15, 2016 10:30 am - NICOSIA, Cyprus (AP) - Cyprus' president on Tuesday sought to tone down what he called "excessive optimism" that ongoing talks aimed at reunifying the ethnically divided...
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Citigroup's 4Q earnings rise sharply, as legal expenses dropJan 15, 2016 3:00 pm - NEW YORK (AP) - Citigroup's said Friday that its profits jumped sharply in the fourth quarter, helped by lower legal and regulatory costs that hammered the bank in the f...
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Flight attendant, passengers hurt when jet hits turbulenceJan 15, 2016 3:00 pm - MIAMI (AP) - A flight attendant has been hospitalized and five passengers suffered apparently minor injuries after an American Airlines jet ran into turbulence over Flor...
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Pentagon releases video of strike on Islamic State cashJan 15, 2016 8:01 pm - WASHINGTON (AP) - The Defense Department has released a video showing the U.S. bombing of an Islamic State cash stockpile in Mosul, Iraq, on Monday. The 47-second, black...
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Merck pays $830 M to settle class-action case over VioxxJan 15, 2016 9:01 am - Merck will pay $830 million to resolve a federal class-action lawsuit involving shareholders and the painkiller Vioxx, which the drugmaker pulled from the market years a...
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US industrial production declined again in DecemberJan 15, 2016 9:01 am - WASHINGTON (AP) - U.S. industrial production dropped for the third straight month in December as utilities reduced output amid unusually warm weather and energy companie...
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Things to know about 12-week-old Los Angeles gas leakJan 15, 2016 9:01 pm - LOS ANGELES (AP) - A leak from an underground natural gas storage facility that has sickened Los Angeles residents and sent thousands from their homes has been out of co...
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Kerry to meet Iranian FM ahead of imminent sanctions reliefJan 15, 2016 6:01 pm - WASHINGTON (AP) - Amid signs that a decision to provide Iran with billions of dollars in nuclear sanctions relief is imminent, Secretary of State John Kerry will meet Sa...