May 24, 2013
Business News
Facebook becoming ad giant
NEW YORK — It was supposed to be our IPO, the people’s public offering. Facebook, the brainchild of a young CEO who sauntered into Wall Street meetings in a hoodie, was going to be bigger than A...
May 19, 2013 | 0 0 comments | 0 0 recommendations | email to a friend
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Former Tuesday Morning CEO sues over firing
NEW YORK — The former CEO of Tuesday Morning has filed a discrimination lawsuit against the discount retailer, saying she was fired just months after revealing she had breast cancer. The lawsuit...
May 19, 2013 | 0 0 comments | 0 0 recommendations | email to a friend
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Associated Press
Cypriot students protest against the bailout package on March 26 outside the Presidential Palace, in capital Nicosia. Officials say the International Monetary Fund, which has contributed financial expertise and billions in emergency loans, may no longer be needed as a key decision-making partner.
Top officials call to overhaul euro institutions
BERLIN — Engineering a financial bailout for Cyprus in March was such a chaotic process that top European officials say it is time to rethink how the region manages its crisis — and who should be i...
May 19, 2013 | 0 0 comments | 0 0 recommendations | email to a friend
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Economy’s future on a sharp rise
WASHINGTON — A measure of the U.S. economy’s future health rose solidly in April, buoyed by a sharp rise in applications to build homes and a better job market. The Conference Board said Friday ...
May 19, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Associated Press
The General Motors logo is seen on display in January 2009 at the North American International Auto Show in Detroit. Shares of General Motors reached an important milestone on Friday topping their initial public offering price of $33 for the first time in more than two years.
GM stocks reach milestone
DETROIT — Shares of General Motors reached an important milestone on Friday, closing above their initial public offering price of $33 for the first time in more than two years. GM shares reached...
May 19, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Buybacks a big factor behind stock boom
NEW YORK — It’s the narcissist rally. Sure, there are plenty of forces pushing stocks higher — record corporate earnings, small investors finally buying again, signs the U.S. economy may be stre...
May 19, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Deere cuts 2013 sales growth projections
MOLINE, Ill. — Deere & Co. said on Wednesday that bad weather and weak economies will hinder sales growth this year for lawnmowers and construction equipment. The company reported better-than-ex...
May 16, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Associated Press
People wait for a subway, in Milan, Italy on Wednesday. The recession across the economy of the 17 European Union countries that use the euro extended into its sixth quarter longer, than the calamitous slump that hit the region in the financial crisis of 2008-2009.
Eurozone extends its longest recession ever to 6th quarter
PARIS — The eurozone is now in its longest ever recession — beating even the calamitous slump that hit the region in the financial crisis of 2008-9. The European Union statistics office said Wed...
May 16, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Associated Press
Larry Page, Google's co-founder and chief executive, speaks during the keynote presentation on Wednesday at Google I/O 2013 in San Francisco
Google’s plan part of fresh wave
SAN FRANCISCO — Google Inc. unveiled a streaming music service called All Access that blends songs users have already uploaded to their online libraries with millions of other tracks. Google made i...
May 16, 2013 | 0 0 comments | 2 2 recommendations | email to a friend
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Associated Press
Luggage waits to be run through the baggage system for testing in March 2012 at Atlanta's airport. U.S. airlines collected more than $6 billion in baggage and reservation change fees from passengers in 2012, the highest amount since the fees became common five years ago. These fees along with charges for boarding early or picking prime seats have helped return the industry to profitability.
Airlines collect record fees
NEW YORK — U.S. airlines collected more than $6 billion in baggage and reservation change fees from passengers last year — the highest amount since the fees became common five years ago. Passeng...
May 15, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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