Business
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Ford surprises in 2Q with record North American profit
Associated Press | July 28, 2015 4:07 amFord Motor Co.’s net income jumped 44 percent to $1.9 billion in the second quarter as global sales rose and the company was able to charge more for new trucks and SUVs with premium features.
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Britain’s economy grows 0.7 percent in second quarter
Associated Press | July 28, 2015 2:07 amBritain’s economy picked up speed in the second quarter of 2015, when it expanded by 0.7 percent compared with the previous three-month period.
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Statoil Q2 profits hit by lower oil prices, higher costs
Associated Press | July 28, 2015 1:07 amNorwegian energy company Statoil says it was hit by lower oil prices, increased depreciation and higher drilling costs in the second quarter, causing net profit to fall 16 percent to 10.1 billion kroner ($1.2 billion).
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Energy company BP slides to loss in 2nd quarter
Associated Press | July 28, 2015 1:07 amBP reported a second-quarter loss Tuesday after the London-based oil company set aside another $10.8 billion to cover the cost of the Deepwater Horizon accident.
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Microsoft launches Windows 10: Here’s what that means
Associated Press | July 28, 2015 12:07 amMicrosoft’s new Windows 10 operating system debuts Wednesday, as the longtime leader in PC software struggles to carve out a new role in a world where people increasingly rely on smartphones, tablets and information stored online.
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Nike offers partial refund to end FuelBand lawsuit
Associated Press | July 27, 2015 4:07 pmNike will give partial refunds or gift cards to people who bought FuelBand fitness trackers in the last 3 1/2 years, resolving a lawsuit that says the products can’t accurately tally how many steps a user is taking or how many calories they’ve burned.
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Republic stock plunges on possible flight disruptions
Associated Press | July 27, 2015 2:07 pmRepublic Airways warned that its operation of regional flights for the nation’s biggest airlines could be disrupted by a pilot shortage and labor standoff.
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Rates on US Treasury bills rise to highest point this year
Associated Press | July 27, 2015 2:07 pmInterest rates on short-term Treasury bills rose in Monday’s auction to the highest levels this year.
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Greece launches bailout talks as Plan B details revealed
Associated Press | July 27, 2015 2:07 pmGreece’s government on Monday launched complex bailout negotiations with creditors, but faced rebuke following revelations that former finance minister, Yanis Varoufakis, formed a secret committee to plan for the possible conversion of euros into drachmas “at a drop of a hat.”
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Analysts expect more tie-ups in generic drug business
Associated Press | July 27, 2015 1:07 pmAnalysts say they expect more tie-ups are coming in the generic drug industry in the wake of Teva’s mammoth deal for the generic drug business of Allergan.
