Business Stories from February 19, 2016 (Change date)
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Gucci sales rise helps owner Kering to higher earningsFeb 19, 2016 6:00 am - PARIS (AP) - The French luxury group Kering, owner of brands like Gucci and Yves Saint Laurent, saw its earnings rise last year as demand in Europe and Japan offset a de...
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Saudi Arabia halts $4B in Lebanese deals over Iran disputeFeb 19, 2016 6:00 am - BEIRUT (AP) - Saudi Arabia announced on Friday it is halting deals worth $4 billion aimed at equipping and supporting Lebanese security forces in retaliation for the tin...
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Tech toys abound at New York Toy FairFeb 19, 2016 6:00 am - NEW YORK (AP) - From a preschool toy designed to teach pre-coding skills to a hands-on molecule-building set for older kids that works with an app, technology abounded a...
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Senate bill would block mandatory labeling of GMOsFeb 19, 2016 6:00 am - WASHINGTON (AP) - A Senate committee is moving forward on legislation that would prevent states from requiring labels on genetically modified foods. Vermont is set to re...
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IMF gives Christine Lagarde second term as managing directorFeb 19, 2016 6:00 am - WASHINGTON (AP) - The International Monetary Fund is giving managing director Christine Lagarde a second five-year term. Lagarde, the first woman to hold the post, was t...
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Recalls this week: Air conditioners, snowboard bootsFeb 19, 2016 6:00 am - NEW YORK (AP) - Several brands of air conditioner are being recalled because of overheating power cords that can start a fire. Other recalled consumer products this week...
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Judges orders Tom Benson's daughter trustee of an estateFeb 19, 2016 6:00 am - SAN ANTONIO (AP) - A Texas judge on Friday ordered the replacement of Tom Benson, owner of the New Orleans Saints and Pelicans, by his estranged daughter as trustee of a...
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Apple iPhone security explainedFeb 19, 2016 6:00 am - NEW YORK (AP) - On Wednesday, a federal judge ordered Apple Inc. to help the FBI hack into an encrypted iPhone used by Syed Farook, who along with his wife, Tashfeen Mal...
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Judge orders cable company founder, 91, released from prisonFeb 19, 2016 6:00 am - NEW YORK (AP) - The dying 91-year-old founder of one of the nation's one-time largest cable television companies was ordered freed early from prison on Friday. U.S. Dist...
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Higher interest rates boost Fannie Mae profitFeb 19, 2016 6:00 am - NEW YORK (AP) - Fannie Mae, the government-controlled mortgage company, said its net income in the fourth quarter nearly doubled on higher interest rates. It also said F...