Business Stories from August 17, 2016 (Change date)
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Fed minutes: Conditions could 'soon warrant' a rate hikeAug 17, 2016 7:00 am - WASHINGTON (AP) - Federal Reserve officials believed last month that near-term risks to the U.S. economy had subsided and that an interest rate increase could soon be wa...
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Toomey, in fight for political life, abandons TPP trade dealAug 17, 2016 7:00 am - HARRISBURG, Pa. (AP) - In a fight for his political life, Republican U.S. Sen. Pat Toomey is abandoning a major international trade deal that has emerged as a divisive c...
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Ex-Defense Secretary Hagel named visiting fellow at HarvardAug 17, 2016 7:00 am - CAMBRIDGE, Mass. (AP) - Former U.S. Defense Secretary Chuck Hagel is heading to Harvard University this fall as one of two visiting fellows at the Ivy League school's In...
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US stocks dip as phone stocks fall; earnings hit retailersAug 17, 2016 7:00 am - NEW YORK (AP) - U.S. stocks are trading lower Wednesday morning as losses for phone and utility companies continue to drag the market from its recent record highs. Retai...
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Utah firm that finds distant heirs accused in antitrust caseAug 17, 2016 7:00 am - SALT LAKE CITY (AP) - Federal prosecutors filed an antitrust case Wednesday against a Salt Lake City-based company that's part of a little-known industry specializing in...
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Young adult-aimed Pivot network shutting down after 3 yearsAug 17, 2016 7:00 am - NEW YORK (AP) - Participant Media is calling a halt to its Pivot cable network, which will wind down this fall, the company said Wednesday. Debuting three years ago, Piv...
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People With Obamacare Plans Filled More Prescriptions, But Had Lower CostsAug 17, 2016 7:00 am - The 2010 health law was meant to expand insurance coverage so that Americans could get medical care they would otherwise go without - and not spend a fortune doing so. T...
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Japan's trade shrinks in July, exports sink 14 percentAug 17, 2016 7:00 am - TOKYO (AP) - Japan posted a trade surplus of 513.5 billion yen ($5.1 billion) in July, though exports sank 14 percent from a year earlier as the yen surged against the d...
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Sign of times: Tech upheaval triggers job cutsAug 17, 2016 7:00 am - Cisco Systems' plans to lay off 5,500 workers mirror recent cutbacks at other major technology companies that have been trimming their payrolls as they try to adapt to s...
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Newspaper: Sorry for mixing up Simone Biles, Gabby DouglasAug 17, 2016 7:00 am - PHILADELPHIA (AP) - The editor of the Philadelphia Daily News is apologizing for his newspaper running a photo of American gymnast Simone Biles with a column about fello...