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Business News
US consumer spending dips 0.1 percent
WASHINGTON (AP) -- U.S. consumer spending fell in July, with a drop in auto purchases accounting for most of the weakness. Income growth also slowed....
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As stocks rise, so does anxiety: Time to get out?
NEW YORK (AP) -- Is it time to cash out of stocks?...
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Feds reviewing Reynolds' deal to buy Lorillard
RICHMOND, Va. (AP) -- Federal regulators are putting Camel cigarette maker Reynolds American Inc.'s planned $25 billion takeover of rival Newport maker Lorillard Inc. under the microscope....
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Fiat investor tally shows Chrysler deal on course
ROME (AP) -- Fiat says an ongoing tally of investors suggests there are not enough opposed to a merger with Chrysler to derail the deal....
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Largest UK retailer warns on profits, shares drop
LONDON (AP) -- Tesco shares have dropped sharply after Britain's largest retailer by revenue issued another profit warning and slashed its dividend to shareholders by 75 percent....
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