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Applications for US unemployment aid fall to 340K
May 24, 2013 WASHINGTON — The number of Americans applying for unemployment benefits fell 23,000 last week to a seasonally adjusted 340,000, a level consistent with solid job growth. more »»
IMF chief Lagarde in court in fraud probe
May 24, 2013 PARIS — International Monetary Fund chief Christine Lagarde faced hours of questioning at a special Paris court Thursday over her role in the 400 million euro ($520 million) pay-off to a... more »» 
A divided Fed wrestles with when to slow bond buys
May 23, 2013 WASHINGTON — The Federal Reserve is torn over when to slow its aggressive efforts to stimulate the econom. more »»
US home sales tick up to highest in 3 ½ years
May 23, 2013 WASHINGTON — Sales of previously occupied U.S. homes ticked up last month to the highest level in three and a half years, helped by a jump in the number of houses for sale. more »» 
Apple’s Cook faces Senate questions on taxes
May 22, 2013 WASHINGTON — The Senate dragged massively profitable Apple Inc. into the debate over the U.S. more »»
Microsoft touts new Xbox One
May 22, 2013 REDMOND, Wash. — Microsoft thinks it has the on. more »» 
Yahoo takes big leap with $1.1B deal for Tumblr
May 21, 2013 SAN FRANCISCO — Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet pioneer that had fallen behind the times. more »»
Panel: Apple uses firms outside US to avoid taxes
May 21, 2013 WASHINGTON — Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found. more »»
Actavis buying Warner Chilcott in $8.5B deal
May 21, 2013 NEW YORK — Actavis is buying Warner Chilcott in an all-stock deal valued at about $8.5 billion that would create the third-biggest specialty pharmaceutical company in the U.S. market. more »»
Buybacks are a big factor behind stock market boom
May 20, 2013 NEW YORK — It’s the narcissist rally. Sure, there are plenty of forces pushing stocks higher — record corporate earnings, small investors finally buying again, signs the U.S. more »» 
Names & Notes
May 19, 2013 Retirement party for Anderson The Marshalltown Area Chamber of Commerce Board of Directors and staff invite the public to an open house honoring Ken Anderson from 2 to 4 p.m. more »» 
A year after IPO, Facebook aims to be ad colossus
May 19, 2013 NEW YORK — It was supposed to be our IPO, the people’s public offering. more »» 
Gauge of US economy’s future health up in April
May 18, 2013 WASHINGTON — A measure of the U.S. economy’s future health rose solidly in April, buoyed by a sharp rise in applications to build homes and a better job market. more »»
Unemployment falls in 40 US states, rises in 3
May 18, 2013 WASHINGTON — Solid hiring helped lower unemployment rates in 40 U.S. states last month, the most since November. The declines show the job market is improving throughout most of the country. more »»
CFTC adopts weakened rule on derivatives trading
May 17, 2013 WASHINGTON — A rule intended to loosen the largest U.S. banks’ control over the trading of complex investments and help safeguard the financial system was weakened Thursday by regulator. more »»
Interior issues new drilling rule on public land
May 17, 2013 WASHINGTON — The Obama administration said Thursday it will require companies that drill for oil and natural gas on federal lands to publicly disclose chemicals used in hydraulic fracturing... more »» 
Google unveils $10-a-month ‘All Access’ music plan
May 16, 2013 SAN FRANCISCO — Google on Wednesday launched a subscription-based music service, allowing users of Android phones and tablets to listen to their favorite songs and artists for a monthly fee. more »»
Foreign holdings of US Treasury debt up in March
May 16, 2013 WASHINGTON — Foreign demand for U.S. Treasury securities rose to a record level in March, signaling further confidence in U.S. deb. more »» 
Hedge fund boss Loeb lobbies for breakup of Sony
May 15, 2013 TOKYO — The U.S. hedge fund manager renowned for shaking up Yahoo Inc. has set his sights on Sony Corp. more »» 
Airlines net record baggage fees in 2012
May 15, 2013 NEW YORK — U.S. airlines collected more than $6 billion in baggage and reservation change fees from passengers last year — the highest amount since the fees became common five years ago. more »» |
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