Business Stories from July 18, 2016 (Change date)
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Local Pilots Start Petition for Fair Fuel PricesJul 18, 2016 11:00 pm - Local pilots and aircraft owners at Chicago Executive Airport today announced the creation of a petition to encourage the board of directors of Chicago Executive Airport...
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Man who impersonated dad in Maxim magazine bid gets prisonJul 18, 2016 7:00 am - NEW YORK (AP) - A man who impersonated his successful father in a bid to buy Maxim magazine was sentenced Monday to a year in prison after cooperating with authorities. ...
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Netflix beats 2Q profit forecastsJul 18, 2016 7:00 am - LOS GATOS, Calif. (AP) - Netflix Inc. (NFLX) on Monday reported second-quarter net income of $40.8 million. The Los Gatos, California-based company said it had net incom...
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US homebuilder sentiment slips in JulyJul 18, 2016 7:00 am - U.S. homebuilders are feeling slightly less optimistic about their sales prospects this month, though their outlook for the new-home market remains positive overall. The...
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Italian court convicts ex-executives in asbestos trialJul 18, 2016 7:00 am - ROME (AP) - A court in the northern Italian city of Ivrea has convicted former Olivetti executive Carlo De Benedetti and 12 others of manslaughter and other offenses ove...
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Russia's Alfa-Bank signs with FIFA as 2018 World Cup sponsorJul 18, 2016 7:00 am - MOSCOW (AP) - FIFA has filled the first of 20 sponsor slots for the 2018 World Cup in a new program that stalled during its corruption crisis. FIFA says Russian bank Alf...
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Markets Right Now: US stocks drift higher, led by technologyJul 18, 2016 7:00 am - NEW YORK (AP) - The latest on developments in global financial markets (all times local): 4:00 p.m. Stocks posted tiny gains on Wall Street as investors looked past a fa...
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Netflix facing tougher times as US subscriber growth slowsJul 18, 2016 7:00 am - SAN FRANCISCO (AP) - After years of spectacular success, Netflix is starting to hit some potholes. The high-flying internet video service added only 160,000 U.S. subscri...
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EU sticks to Greece optimism despite Brexit worriesJul 18, 2016 7:00 am - ATHENS, Greece (AP) - The European Union's top economy official laid out his hope that a debt-relief deal with Greece could be achievable by the end of this year. Econom...
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Yahoo reports another big loss, writes down Tumblr valueJul 18, 2016 7:00 am - SAN FRANCISCO (AP) - Yahoo's latest earnings report leaves no doubt the internet company is stuck in a downward spiral. The company managed to beat Wall Street's limited...
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