May 16th, 2012
Deere is posting a 17 percent spike in profits for the second quarter is raising its outlook for the year, with farm receipts expected to hit historic heights.
The company beat Wall Street expectations on net income and revenue, posting a profit of $1.06 billion, or $2.61 per share, up from $904 million, or $2.12 per […]
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May 10th, 2012
From the monetary fortress of the European Central Bank to the pro-European duchy of Luxembourg, policy makers are beginning to air their doubts that Greece can stay in the euro.
Post-election tumult in Athens has put the once-taboo subject of an exit from the 17-country currency union on the agenda, lifting the veil on possible […]
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May 2nd, 2012
Toyota is back. It’s putting a year of earthquake-related shortages behind it and grabbing sales from stumbling General Motors and Ford.
Toyota’s sales rose 12 percent in April, and its share of the market returned to levels it hasn’t seen since before the March 2011 earthquake in Japan. Its sales outpaced the industry as a whole, […]
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April 22nd, 2012
It’s tough being a sourpuss these days.
The birds are singing and flower blooming. The Cardinals are winning.
The stock market is up 9.6 percent this year. Unemployment is coming down, slowly, and the American economy is heating up, slowly.
If things keep up like this, we grouches may be tempted to smile. Perish the thought! The ache […]
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April 12th, 2012
OTTAWA
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March 4th, 2012
Las Vegas casino owner Steve Wynn unveiled details Friday of a proposed Massachusetts resort casino he hopes to develop near the home of the New England Patriots.
Wynn mailed a brochure and 20-minute DVD to thousands of Foxborough households explaining the proposal, which has met resistance from many residents who are worried that it will add […]
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February 23rd, 2012
Greek lawmakers are debating emergency legislation to approve a massive bond swap that would shave euro107 billion ($142 billion) off the country’s privately held debt.
Parliament will vote late Thursday on the proposed deal, which has already been approved at committee level. The governing coalition controls a strong enough majority to easily pass the law.
The writedown […]
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February 10th, 2012
China
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February 4th, 2012
The world’s biggest beer-maker is placing a big bet on a new brew.
Anheuser-Busch InBev this week is rolling out Bud Light Platinum, an upscale version of its best-selling label. It’s the brewer’s latest bid to pump up flagging sales of its flagship brand, and to counter liquor sales that are taking a bite out of […]
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January 28th, 2012
Costa Crociere SpA is offering uninjured passengers euro11,000 ($14,460) apiece to compensate them for lost baggage and psychological trauma after its cruise ship ran aground and capsized off Tuscany when the captain deviated from his route.
Costa, a unit of the world’s biggest cruise operator, the Miami-based Carnival Corp., also said it would reimburse passengers the […]
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