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Rio issues land titles to slum residents

May 24, 2012 • BusinessComments Off

Ipanema beach, top, is seen from the Vidigal shantytown in Rio de Janeiro, Brazil, Tuesday, May 22, 2012. Local officials and human rights groups are working to give legal title to tens of thousands of residents of shantytowns, a process that increases their wealth and gives them greater access to credit, as well as peace [&hellip...

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HP to cut 27,000 jobs to save up to $3.5B annually

May 24, 2012 • BusinessComments Off

FILE – In this March 9, 2012 file photo, Hewlett Packard CEO and President Meg Whitman speaks at a conference on the Stanford University campus in Palo Alto, Calif. Hewlett-Packard said Wednesday, May 23, 2012 that it’s laying off 27,000 workers,...

Facebook stock climbs, but company faces lawsuits

May 24, 2012 • BusinessComments Off

The pre-market price for Facebook stock is shown, Wednesday, May 23, 2012 at the Nasdaq MarketSite in New York. Facebook stock rose in early trading Wednesday, although still far below the $38 it was priced at before its initial public offering Friday. (AP...

US reaches pollution agreement at BP Indiana plant

May 24, 2012 • BusinessComments Off

In this June 2, 2009 photo, traffic moves along Indianapolis Blvd past the BP facility in Whiting, Ind. BP North America Inc. has agreed to install $400 million in new air pollution controls at its northwestern Indiana oil refinery and pay an $8 million fine...

First 787 built in SC takes maiden flight

May 24, 2012 • BusinessComments Off

The first Boeing 787 manufactured in South Carolina taxies along the runway before its maiden flight from the Charleston International Airport in North Charleston, S.C., on Wednesday, May 23, 2012. It’s the first plane manufactured at the $750 million...

RI’s bet on Schilling shines light on Chafee

May 24, 2012 • BusinessComments Off

Rhode Island Gov. Lincoln Chafee, right, faces reporters following a closed-door session of the state’s Economic Development Corp. board Wednesday, May 16, 2012, in Providence, R.I., as EDC legal counsel David Gilden looks on at left. Former Red Sox...

Passenger’s suspicious claim diverts jet to Maine

May 23, 2012 • BusinessComments Off

Passengers de-plane a trans-atlantic flight originating in France on the tarmac at Bangor International Airport, in Bangor, Maine, Tuesday, May 22, 2012. Officials briefed on the incident say a French passenger passed a note to a flight attendant saying she...

Judge reviewing BLM Roan Plateau decision

May 23, 2012 • BusinessComments Off

FILE – In this April 22, 2008 file photo, a natural gas well pad sits in front of the Roan Plateau near the Colorado mountain community of Rifle. FILE – A federal judge in Denver is hearing arguments on Tuesday, May 22, 2012, in a lawsuit by...

Ford to get blue oval back after second upgrade

May 23, 2012 • BusinessComments Off

FILE – This Oct. 25, 2011 file photo shows a Ford logo on the tailgate of a pick-up truck, and on a Ford dealership sign at Salem Ford in Salem, N.H. Moody’s Investors Service on Tuesday, May 22, 2012 raised Ford’s debt ratings to...

Gov. Snyder, Jack Nicklaus kick off Senior PGA

May 23, 2012 • BusinessComments Off

From left to right, Tom Watson, Whirlpool CEO Jeff Fettig, Michigan Gov. Rick Snyder, and Jack Nicklaus chat during the Senior PGA Championship golf tournament pro-am Tuesday, May 22, 2012, at The Golf Club at Harbor Shores in Benton Harbor, Mich. (AP...