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Weak retail sales figures push stocks lower

July 6, 2012 • BusinessComments Off

FILE – In this July 3, 2012 file photo, a trader studies his screen as he works on the floor of the New York Stock Exchange. U.S. stock futures fluctuated in volatile trading Thursday, July 5, 2012, as banks in China and Europe took action to bolster flagging economies and poor retail sales for June [&hellip...

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Con Edison and union return to talks in NYC

July 6, 2012 • BusinessComments Off

Locked-out workers demonstrate outside Consolidated Edison headquarters, in New York, Thursday, July 5, 2012. Consolidated Edison and the union representing its employees are returning to the bargaining table. Talks were scheduled to resume Thursday...

After weak June, retailers to sweat out summer

July 6, 2012 • BusinessComments Off

Shoppers take advantage of discounts at a Target store on Thursday, July 5, 2012, in Chicago. Shoppers, worried about jobs and the overall economy, pulled back on spending in June, resulting in tepid sales for many retailers. (AP Photo/M. Spencer Green) NEW...

Walgreen plans new acquisition, June sales fall

July 6, 2012 • BusinessComments Off

People walk from a USA Drug store in North Little Rock, Ark., Thursday, July 5, 2012. Walgreen Co., said Thursday it will spend about $438 million to buy a 144-store chain focused on the mid-South based in Little Rock, Ark. Stores in the chain include USA...

GlaxoSmithKline pleads guilty to health fraud

July 6, 2012 • BusinessComments Off

FILE – In this June 30, 2010 file photo, a pharmacist holds a bottle of the drug Avandia at Maximart Pharmacy in Palo Alto, Calif. GlaxoSmithKline on Thursday, July 5, 2012, in U.S. District Court in Boston pleaded guilty to failing to report to the...

A Farmers® agent can help you save hundreds on all your insurance needs

July 5, 2012 • Local Business ReviewComments Off

Gina Dwyer (left) consults with client Hope Ramirez about her auto coverage at the Dwyer Farmers Insurance Agency. Hope encourages others to go by and talk to Gina or Rose for a quote on their home and auto insurance with the possibility of saving a lot of...

Barclays ex-CEO avoids implicating UK authorities

July 5, 2012 • BusinessComments Off

FILE – In this Wednesday, Jan. 27, 2010 file photo Bob Diamond, Chief Executive of Barclays, listens during a plenary session on the first day of the 40th Annual Meeting of the World Economic Forum, WEF, in Davos, Switzerland. Barclays Chief Executive...

Many Native Americans live next to power plants

July 5, 2012 • BusinessComments Off

In this Monday, May 14, 2012, photo, the Reid-Gardner power station is seen near a farm on the Moapa Indian Reservation, in Moapa, Nev. Across the country, a disproportionate number of power plants operate near Indian tribal lands. Some tribes embrace the...

AP survey: Next president faces high unemployment

July 5, 2012 • BusinessComments Off

FILE- In this Saturday, June 30, 2012, file photo, President Barack Obama walks out of the Oval Office of the White House in Washington. High unemployment threatens not only President Barack Obama’s re-election prospects. It will also bedevil whoever...

Monti: Italy does not need a bailout

July 5, 2012 • BusinessComments Off

German Chancellor Angela Merkel and Italian Premier Mario Monti arrive for a bilateral meeting at Villa Madama in Rome, Wednesday, July 4, 2012. Merkel is traveling to Rome for a regular meeting of the senior officials from the two countries along with...