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Business News
Pabst Brewing to be sold to Russian company
NEW YORK (AP) -- The maker of Pabst Blue Ribbon beer is being sold to Russian company Oasis Beverages for an undisclosed sum....
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China fines GlaxoSmithKline $492M for bribery
BEIJING (AP) -- Drug maker GlaxoSmithKline was fined $492 million on Friday for bribing doctors in China, the biggest such penalty ever imposed by a Chinese court....
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US stocks climb higher in early trading
NEW YORK (AP) -- The stock market is heading higher Friday as the Chinese e-commerce company Alibaba prepares its stock-market debut. The Standard & Poor's 500 index rose above the record level reached the day before....
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Unemployment rates rise in 24 US states in August
WASHINGTON (AP) -- Unemployment rates rose in nearly half of U.S. states in August, even as employers in two-thirds of the states added jobs....
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Gauge of US economy edges up 0.2 percent in August
WASHINGTON (AP) -- A gauge designed to predict the economy's future health rose in August but at a much slower pace than in July....
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