June 18, 2013
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Business News
Dole CEO makes buyout bid; values co. at $1.07B
WESTLAKE VILLAGE, Calif. — Dole Food’s Chairman and CEO David Murdock and his family are offering to buy the business with a bid that values the entire company at approximately $1.07 billion. M...
Jun 12, 2013 | 0 0 comments | 71 71 recommendations | email to a friend
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Agency says opting for overdrafts means higher fees
WASHINGTON — A U.S. agency says consumers who opt for overdraft coverage on their checking accounts pay higher fees and are more likely to have their accounts closed than those who decline it. A...
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Mass. court tosses part of cigarette samples case
BOSTON — Massachusetts’ highest court says the family of a late Boston woman who got free cigarette samples as a child can keep $35 million in compensatory damages, but it threw out an $81 million ...
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Japan’s Softbank sweetens offer for Sprint, rising by $1.5 billion
OVERLAND PARK, Kan. — A month after being challenged by a rival to raise its bid for Sprint Nextel, Japan’s Softbank did just that, by $1.5 billion. That brings Softbank’s total bid to $21.6 bil...
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German economy recovering after weak patch
BERLIN — Germany’s central bank on Friday lowered its growth forecast for this year but said a recovery had already started, as evidenced by a rise in export and industry figures in Europe’s larges...
Jun 09, 2013 | 0 0 comments | 10 10 recommendations | email to a friend
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Jobs
From May 30 to Wednesday, the Office of Employment and Training added more than 50 jobs to its database for regional employers, listed below are the first 50 (in Paducah unless noted otherwise): cu...
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TiVo settles with Cisco, Motorola and Time Warner
NEW YORK — TiVo settled patent disputes with Cisco, Motorola Mobility and Time Warner Cable, averting a trial that was to begin next week and bringing to a close a string of long-running legal squa...
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Wal-Mart plans stock buybacks
Attention wal-mart investors: Wal-Mart will repurchase up to $15 billion of its shares. Mexico mess: The program comes as Wal-Mart encounters concerns over how it handled bribery allegations tha...
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Sporty new Corolla aimed at more youthful buyers
DETROIT — Toyota is giving the Corolla a sportier look and more gadgets, a recognition by the world’s biggest automaker that the under-50 crowd wants more than just reliability in a compact car. ...
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US consumer borrowing up $11.1 billion in April
WASHINGTON — Americans borrowed more in April to attend college and buy cars and were a little less cautious with their credit cards than the previous month. The Federal Reserve said Friday that...
Jun 09, 2013 | 0 0 comments | 13 13 recommendations | email to a friend
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