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Archive: (8 Stories)

Huntsman to buy Rockwood businesses for $1.1B

09/17/2013 5:27am
Chemical maker Huntsman Corp. will pay $1.1 billion in cash to buy two businesses from Rockwood Holdings that it said will make its pigments business more competitive.

22 firms paying $14.4M to settle SEC charges

09/17/2013 10:56am
Twenty-two investment firms are paying a total of $14.4 million to settle federal charges of improperly short-selling certain stocks and buying them soon after in public offerings.

News Summary: Brazil breaking from US-centric Web

09/17/2013 11:29am
WEB PATHS DIVERGE: Brazil plans to divorce itself from the U.S.-centric Internet because of Washington's widespread online spying. President Dilma Rousseff has ordered a series of measures aimed at greater Brazilian online independence and security, such as storing Brazilians' data locally.

Slower holiday sales growth predicted for 2013

09/17/2013 11:50am
Coming off of a weak back-to-school shopping period, a research firm expects holiday sales growth will be slower this year during the crucial holiday season. Shoppers are also expected to visit fewer stores as they research purchases online.

First variant of Boeing 787 takes off

09/17/2013 1:06pm
The first addition to the Boeing 787 family took off Tuesday from Paine Field, near the factory where the plane was assembled, to the cheers of a couple of hundred Boeing employees who watched the blue and white plane with a number 9 on the tail rise into a cloudy sky.

Safeway adopts poison pill to prevent takeover

09/17/2013 1:32pm
Safeway adopted a plan to prevent a hostile takeover after learning of a significant accumulation of its stock by an investor.

Poverty stuck at 15 percent _ record 46.5 million

09/17/2013 1:32pm
The nation's poverty rate remained stuck at 15 percent last year despite America's slowly reviving economy, a discouraging lack of improvement for the record 46.5 million poor and an unwelcome benchmark for President Barack Obama's recovery plans.

United Tech: Europe improving, military parts down

09/17/2013 1:38pm
The chief financial officer of United Technologies Corp. says the European economy is beginning to recover, but the U.S. military is sharply cutting spare parts orders for subsidiary helicopter maker Sikorsky Aircraft Corp.