Updated May 13, 2013 - 2:01 pm
Business News
Source: Business News
Originally published: Jan 20, 2012 - 2:15 pm
Originally published: Jan 20, 2012 - 2:15 pm
Business News
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Campbell buying Plum Organics baby food maker
Thursday, May 23, 3:28 pm
NEW YORK (AP) - Campbell Soup said it's buying Plum Organics, which makes food for babies and kids, for an undisclosed amount as it looks to move into faster-growing categories. The company,... Read more...
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Ralph Lauren's 4Q profit rises 35 pct
Thursday, May 23, 3:11 pm
NEW YORK (AP) - Ralph Lauren Corp. reported a 35 percent increase in fourth-quarter profit as the luxury retailer benefited from lower cotton prices and cost controls. But the seller of Polo... Read more...
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Marathon Oil says talks end on possible stake sale
Thursday, May 23, 3:08 pm
HOUSTON (AP) - Marathon Oil said Thursday that talks on a potential sale of part of its stake in the Athabasca Oil Sands Project in Canada have ended. The Athabasca project is a joint venture... Read more...
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Stocks edge lower as investors reassess Fed fears
Thursday, May 23, 3:02 pm
NEW YORK (AP) - Investors recovered their poise after a shaky start to trading on Wall Street that sent stocks sharply lower. U.S. markets plummeted immediately after the opening bell Thursday... Read more...
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McDonald's can't shake criticism about nutrition
Thursday, May 23, 2:57 pm
NEW YORK (AP) - McDonald's once again faced criticism that it's a purveyor of junk food that markets to children at its annual shareholder meeting Thursday _ including some sharp remarks from a... Read more...
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Summary Box: Stocks recover from an early swoon
Thursday, May 23, 2:52 pm
(AP) - UPS AND DOWNS: Stocks plunged at the opening of trading but recovered by midday. A rout overseas and in the early going on Wall Street was set off by a slowdown in China and worries that... Read more...
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Wheat gains on overseas demand
Thursday, May 23, 2:47 pm
NEW YORK (AP) - The price of wheat rose by the most in two weeks Thursday after the U.S. government reported strong demand for the grain from overseas buyers. Wheat for delivery in July rose... Read more...
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How the Dow Jones industrial average fared
Thursday, May 23, 2:38 pm
(AP) - Investors recovered their poise after a shaky start to trading on Wall Street that sent stocks sharply lower. The dip gave investors who missed this year's stock market surge an opportunity... Read more...
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Merck ends development of Parkinson's disease drug
Thursday, May 23, 2:31 pm
WHITEHOUSE STATION, N.J. (AP) - Merck & Co. says it is ending development of an experimental Parkinson's disease drug because the drug wasn't working. Merck says it reviewed initial data... Read more...
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GM aims new Chevy Cruze diesel at Volkswagen Jetta
Thursday, May 23, 2:30 pm
DETROIT (AP) - The marketing people at Chevrolet make no secret of the goal for the new diesel version of the Chevrolet Cruze: Take sales from Volkswagen. In fact, they're rolling out the... Read more...
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Why worry? Less aid by Fed would point to recovery
Thursday, May 23, 2:27 pm
WASHINGTON (AP) - Investors have grown nervous that the Federal Reserve will scale back its efforts to boost the U.S. economy sooner than many expected. Yet almost lost in the anxiety that... Read more...
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Pepper your wardrobe with 'Gatsby' glitz for less
Thursday, May 23, 2:26 pm
NEW YORK (AP) - Baz Luhrmann's big screen adaption of "The Great Gatsby" is shining a spotlight on Roaring Twenties glam fashions, from drop-waist dresses and head scarves to crisp bow... Read more...
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US Treasury bond market at a glance
Thursday, May 23, 2:24 pm
Key barometers in the Treasury market late Thursday, compared with late Wednesday. Price changes in the 10-year note and 30-year bond are per $100 invested: ... Read more...
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Hewlett-Packard, Rue21, Buckle are big movers
Thursday, May 23, 1:59 pm
NEW YORK (AP) - Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Hewlett-Packard Co., up $3.63 at $24.86 The... Read more...
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Sears reports bigger-than-expected 1Q loss
Thursday, May 23, 1:53 pm
NEW YORK (AP) - Sears Holdings Corp. reported a steeper-than-expected loss for its first quarter with the beleaguered retailer blaming a cooler spring for falling sales. The operator of Sears... Read more...
