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Business News
Eni, former CEO indicted in Algeria bribery case
MILAN (AP) -- An Italian judge has indicted the Eni oil company, former CEO Paolo Scaroni and eight others on a charge of bribing an Algerian official to win an 8 billion euro ($8.8 billion) contract....
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US stock indexes slip; Apple jumps on strong earnings
NEW YORK (AP) -- Stocks were moving mostly lower in late morning trading Wednesday as gains in technology stocks like Apple were offset by declines in consumer staples makers including Coca-Cola. Energy companies fell along with the price of crude oil. Investors were looking ahead to a decision on interest rates from the Federal Reserve, which wraps up a two-day policy meeting later in the day....
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Markets Right Now: US stocks mostly lower at midday
NEW YORK (AP) -- The latest on developments in global financial markets (all times local):...
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Boeing reports first quarterly loss in nearly 7 years
NEW YORK (AP) -- Boeing, absorbing billions in write-downs related to two of its newest commercial jets and a military fuel tanker, reported its first quarterly loss in nearly seven years....
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Long-time Lilly CEO Lechleiter to retire in December
Eli Lilly Chairman and CEO John C. Lechleiter will retire in December after leading the drugmaker through a challenging period in which it lost U.S. patent protection for several top-selling products....
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