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Business News
US stocks open slightly higher; Indexes at records
NEW YORK (AP) -- The U.S. stock market opened with small gains on Monday, keeping major indexes at record levels. Renewed confidence that stimulus measures from global central banks will help spur economic growth is supporting demand for stocks....
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United Technologies CEO retires, succeeded by CFO
HARTFORD, Conn. (AP) -- Aerospace and building systems giant United Technologies announced Monday the abrupt retirement of CEO Louis Chenevert, and named Chief Financial Officer Greg Hayes to succeed him....
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Stocks rise, boosted by Asia, German news
U.S. stocks rose in early trading in line with gains from Asian markets and thanks to improvement in German business confidence....
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ECB official calls for gov't action to help growth
FRANKFURT, Germany (AP) -- A member of the European Central Bank's rate-setting council has said monetary policy cannot boost long-term growth and called for reforms by governments to make the weak economy more investment-friendly....
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German business confidence up after long decline
BERLIN (AP) -- A closely-watched survey shows German business confidence rose in November, putting an end to six consecutive months of declines....
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