Business Stories from February 18, 2016 (Change date)
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Nestle profit dips due to strong franc, deal-makingFeb 18, 2016 6:00 am - GENEVA (AP) - Swiss food giant Nestle has reported a drop in profit and sales last year largely because of a stronger Swiss franc, a re-evaluation of some operations and...
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Bank Indonesia cuts benchmark interest rate to 7 percentFeb 18, 2016 6:00 am - JAKARTA, Indonesia (AP) - Indonesia's central bank cut its benchmark interest rate Thursday for the second time this year to help economic growth. The decision to lower ...
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Feds: pipe corrosion led to Santa Barbara coast oil spillFeb 18, 2016 6:00 am - LOS ANGELES (AP) - External corrosion on an oil pipeline was the root cause of a leak that spilled more than 140,000 gallons of crude on the Santa Barbara coast in May, ...
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NYC doctor says she lost job after questioning DNA techniqueFeb 18, 2016 6:00 am - NEW YORK (AP) - A doctor who says she was forced out of her job at the medical examiner's office after raising questions about the city's use of a disputed technique for...
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Freddie Mac profit rises on higher interest ratesFeb 18, 2016 6:00 am - NEW YORK (AP) - Freddie Mac, the government-controlled mortgage company, said its net income jumped in the fourth quarter on higher interest rates. It also said Thursday...
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Oregon lawmakers approve landmark minimum wage increaseFeb 18, 2016 6:00 am - SALEM, Ore. (AP) - Oregon lawmakers have approved landmark legislation that propels the state's minimum wage for all workers to the highest rank in the U.S., and does so...
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Olympus settles with Japan whistleblower after 8-year battleFeb 18, 2016 6:00 am - TOKYO (AP) - A corporate whistleblower's eight-year courtroom battle against Japanese medical device maker Olympus Corp. ended Thursday with a financial settlement and a...
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Film company asks Australia court to block download siteFeb 18, 2016 6:00 am - SYDNEY (AP) - Entertainment company Village Roadshow asked an Australian court on Thursday to order Internet service providers to block access to a website that allows u...
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Iowa researches to pay students to eat GMO bananasFeb 18, 2016 6:00 am - DES MOINES, Iowa (AP) - Iowa State University researchers are moving ahead with a long-delayed project in which a dozen students will be paid to eat genetically modified...
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More than 2,800 vehicles stuck on Greek-Bulgarian borderFeb 18, 2016 6:00 am - THESSALONIKI, Greece (AP) - Greek authorities say more than 2,800 vehicles are trapped at crossings on the Greek-Bulgarian border, following road blockades by protesting...
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