Business Stories from September 2, 2011 (Change date)
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Bid to block AT&T deal unique to telecom industrySep 03, 2011 12:50 pm - WASHINGTON — The Obama administration has explained its effort to block AT&T's purchase of T-Mobile USA by saying it will fight mergers that would reduce competition and...
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Banks overwhelmed by mortgage refinancing after slashing jobsSep 03, 2011 7:43 am - Mortgage rates near historic lows have sparked a refinancing boom that has U.S. lenders struggling to handle the surge. “There’s just so much volume,” said Kristin Wilso...
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Libya: 5 foreign oil companies back workingSep 04, 2011 8:28 am - PARIS — At least five foreign oil and gas companies are back in Libya to work on resuscitating production, a Libyan official said Friday, as the country’s interim leader...
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Halliburton sues BP over Macondo well blowoutSep 03, 2011 12:50 pm - NEW ORLEANS — Halliburton has filed a lawsuit in a Texas state court against BP PLC claiming the oil giant provided it with inaccurate information about the deepwater we...
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Hyundai Heavy sees $300 million China turbine plant salesSep 04, 2011 8:28 am - Hyundai Heavy Industries Co., the world’s largest shipyard, expects annual sales of as much as $300 million from a wind-turbine factory in China as it bolsters clean-ene...
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Obama halts controversial EPA regulationSep 03, 2011 12:50 pm - WASHINGTON — President Barack Obama on Friday scrapped his administration's controversial plans to tighten smog rules, bowing to the demands of congressional Republicans...
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Flooded fields in ND lead to higher pasta pricesSep 03, 2011 12:50 pm - PLAZA, N.D. — Consumers are paying more for pasta after heavy spring rain and record flooding prevented planting on more than 1 million acres in one of the nation’s best...
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Campbell Soup adjusted profit tops Street viewSep 04, 2011 8:28 am - CAMDEN, N.J. — Campbell Soup Co.’s fiscal fourth-quarter profit slipped 12 percent, weighed down by restructuring charges. But the food maker’s adjusted results reporte...
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Last Eclipse made in Ill. destined for charitySep 04, 2011 8:28 am - NORMAL, Ill. — The last Mitsubishi Eclipse the company’s plant in Normal made is headed for a charity auction instead of a dealer’s lot. The Pantagraph newspaper in Bloo...
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UK police make another arrest in hacking scandalSep 04, 2011 8:28 am - LONDON — British police have arrested a 30-year-old man in the phone hacking scandal involving the now-defunct News of the World tabloid. Police say the man was arrested...