Business Stories from June 1, 2016 (Change date)
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Amazon's Jeff Bezos: 'Golden era' of technology is comingJun 01, 2016 7:00 am - RANCHO PALOS VERDES, Calif. (AP) - Amazon founder Jeff Bezos (BAY'-zohs) says when it comes to technology, "We're on the edge of the golden era." Bezos offered a glimpse...
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Under Armour, GM and Devon Energy skid, Demandware climbsJun 01, 2016 7:00 am - NEW YORK (AP) - Stocks that moved substantially or traded heavily Wednesday: Demandware Inc., up $26.82 to $74.81 Salesforce.com agreed to buy the online retail services...
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Gambler tied to Mickelson pleads not guilty in trading caseJun 01, 2016 7:00 am - NEW YORK (AP) - A professional gambler linked to golfer Phil Mickelson in an insider trading scandal pleaded not guilty and had his bail set at $25 million on Wednesday ...
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Panama Canal's new, expanded locks at 'full operability'Jun 01, 2016 7:00 am - PANAMA CITY (AP) - The consortium designing and building the Panama Canal's new set of expanded locks says they are working at full capacity and ready to receive their f...
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Under Armour cuts outlook, cites Sports Authority closingJun 01, 2016 7:00 am - NEW YORK (AP) - Under Armour is cutting its full-year revenue guidance, saying that the closure of Sports Authority stores will hurt its sales. Its shares dropped 4.5 pe...
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Uber raises $3.5 billion from Saudi investment fundJun 01, 2016 7:00 am - SAN FRANCISCO (AP) - Uber said Wednesday it is getting a massive cash infusion from Saudi Arabia. The oil-rich nation's sovereign investment fund is putting $3.5 billion...
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Adelson settles lawsuit with ex-head of China casino unitJun 01, 2016 7:00 am - HONG KONG (AP) - Billionaire Sheldon Adelson's casino company is ending its long-running U.S. lawsuit with the former head of its Chinese division, the company said Wedn...
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State faults college for spending $250K for conference tableJun 01, 2016 7:00 am - UNION, N.J. (AP) - New Jersey officials say a college didn't comply with state law or its own procurement policy when it spent nearly $250,000 to buy a custom-built, mul...
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Replica of Jefferson's Monticello sells at auction for $2.1MJun 01, 2016 7:00 am - SOMERS, Conn. (AP) - A Connecticut home that is a replica of Thomas Jefferson's Monticello has been sold at auction for more than $2.1 million, far below the $7.7 millio...
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Markets Right Now: US stocks eke out tiny gainsJun 01, 2016 7:00 am - NEW YORK (AP) - The latest on developments in global financial markets (all times local): 4:00 p.m. U.S. stock indexes eked out tiny gains after spending much of the day...
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