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Business News

Location American Business News for 30 October 2012

Wall Street closes for Hurricane Sandy

CNN - 30 Oct 2012 06:04
The New York Stock Exchange closes for the first time in 27 years because of weather.
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(Reuters) - Dow Chemical Co will take a fourth-quarter charge of up to $1.1 billion related to last week's announcement it will close 20 plants, write down the value of its lithium ion battery business and lay off thousa...
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Disney to buy Star Wars production company Lucasfilm for $4bn Deal will pave way for release of new series of Star Wars feature films from 2015, with George Lucas as creative consultant Disney has announced its purchase of Lucasfilm, the maker of Star Wars, in a $4.05bn (£2.52bn...
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EA tops estimates, but trims forecast

Market Watch - 31 Oct 2012 01:38
Strong performance from its sports games boost adjusted profits for Electronic Arts, but disappointing reviews of the latest “Medal of Honor” shooter caused the game publisher to trim its forecast.
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Canada sees G20 talks pressuring Europe, U.S

Reuters - 31 Oct 2012 01:37
OTTAWA (Reuters) - This weekend's meetings of the Group of 20 leading nations are likely to keep pushing Europe and the United States to confront their debt troubles, Canadian Finance Minister Jim Flaherty said on Tuesda...
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The price of tea in China does matter. Even to the Greek pizza shop owner in Pennsylvania.
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Crocs to run fewer holiday season promotions

Reuters - 31 Oct 2012 01:36
(Reuters) - Crocs Inc , known for its namesake clogs, said it will offer fewer discounts during the all-important U.S. holiday season this year as the shoemaker focuses on promoting a new line of products.
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Borrowers hit by Sandy may get relief

Market Watch - 31 Oct 2012 01:34
Government-seized housing giants Fannie Mae and Freddie Mac outline relief options for borrowers with homes damaged or destroyed by hurricane Sandy.
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Deal Professor: The Risks of Tapping Your Retirement Fund for an Alternative Use Individual retirement accounts and 401(k)'s are being used increasingly to invest in start-ups or commodities, but such maneuvers can leave users penniless in retirement.
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Daniel Burrus: Harness the Power of the Communication Age

The Huffington Post - 31 Oct 2012 01:29
The Communication Age is here, and it's time we harness it. Why? Because informing is a one-way conversation between you and your employees, customers, or other stakeholders.
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InvestmentNews is open for business --- there is something to be said, from a technology standpoint, for occupying the high ground --- the same cannot be said for the markets however.
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Romney back to campaigning, Obama hunkers down

Market Watch - 31 Oct 2012 01:25
After a lull forced by Hurricane Sandy, Mitt Romney returns to the campaign trail Wednesday while President Barack Obama remains at the White House.
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Apple keeps analyst support with shake-up

Market Watch - 31 Oct 2012 01:22
A handful of analysts said Tuesday that Apple’s high-level shake-up should not pose a long-term problem for the company.
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Stock Market Could Be Crazy When It Opens Again

The Huffington Post - 31 Oct 2012 01:10
Stock Market Could Be Crazy When It Opens Again If and when U.S. stock trading starts up again on Wednesday, the crowd waiting to trade will be like those Black Friday masses busting down...
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The Agony of Not Knowing

Forbes - 31 Oct 2012 01:00
The Agony of Not Knowing I called a convenience store in Bayville, New Jersey today.  It’s an odd call to make from Malibu, California, but I needed to find someone who could tell me how my brother’s neighborhood held up.  I ...
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Letters: Humane conditions for free-range workers

The Guardian - 31 Oct 2012 01:00
Felicity Lawrence's uncovering of the brutal conditions faced by migrant workers (Happy hens, unhappy workers? Gangmasters face abuse claim, 30 October) is a sobering reminder that not everyone enjoys the humane treatmen...
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A while back, I shared a story about gambling in the stands during South Florida Youth Football League games -- as in, grown people betting money on contests involving kids ages 5 to 15. On Oct. 29, the Broward County (F...
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With U.S. stock markets to reopen on Wednesday following two days of closure, General Motors, MetLife and MasterCard are among major companies planning to report quarterly earnings as scheduled.
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2012 Audi TT RS Test Drive And Review - The Power To Surprise I can't remember the last time I was genuinely surprised by a car. Surprised in a good way, that is.
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2012 Audi TT RS

Forbes - 31 Oct 2012 00:50
2012 Audi TT RS The 2012 Audi TT RS surprised my socks off. With a base price of $56,850 ($61,125 as tested), the TT RS carries Audi’s 4-year/50,000-mile warranty with roadside assistance and an EPA fuel economy estimate of 18 mp...
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Arnold Greenberg, a Founder of Snapple, Dies at 80

The New York Times - 31 Oct 2012 00:49
Along with two partners, Mr. Greenberg, a Brooklyn native, started a company that became one of the first to offer a line of beverages made with natural ingredients.
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Obama win would mean green light for DOL proposal; Romney, red
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