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Fiscal cliff deal packed with breaks for businesses costing billions in lost taxes

WASHINGTON (AP) - Tucked into the "fiscal cliff" tax package approved by Congress are billions of dollars in tax breaks that should make the new year a lot happier for businesses of many stripes, including film producers, race track owners and the makers of electric motorcycles.

January 03, 2013 | | Nationwide

Stocks fade after Fed discloses split on stimulus

NEW YORK (AP) - A two-day rally in the stock market came to an end Thursday afternoon when an account of the Federal Reserve's last meeting revealed a split between bank officials over how long the Fed should keep buying bonds to support the economy.

January 03, 2013 | | Nationwide

Google emerges from FTC probe relatively unscathed

SAN FRANCISCO (AP) - Google has settled a U.S. government probe into its business practices without making any major concessions on how the company runs its Internet search engine, the world's most influential gateway to digital information and commerce.

January 03, 2013 | | Nationwide

Yippy, Skippy! Hormel buying peanut butter firm

NEW YORK (AP) - Hormel Foods apparently has a hankering for a peanut butter and bacon sandwich. The company primarily known for Spam and other cured, smoked and deli meats said Thursday that it's buying Skippy, the country's No. 2 peanut butter brand, in its biggest-ever acquisition.

January 03, 2013 | | Nationwide

Why car sales are strong in USA

DETROIT (AP) - It's not quite boom times for the U.S. auto industry. But it's getting there.

January 03, 2013 | | Nationwide

Market soars 300 on budget deal

NEW YORK (AP) - The "fiscal cliff" compromise, even with all its chaos, controversy and unresolved questions, was enough to ignite the stock market on Wednesday, the first trading day of the new year.

January 02, 2013 | | Nationwide

Wendy's moves past '99 cents' with new value menu of 99 cents to $1.99

NEW YORK (AP) - Wendy's no longer thinks a hamburger has to be 99 cents to be a deal.

January 02, 2013 | | Nationwide

Starbucks to roll out $1 reusable cups

NEW YORK (AP) - Starbucks Corp. is rolling out a $1 reusable plastic cup at its cafes starting Thursday.

January 02, 2013 | | Nationwide

Avis buying Zipcar in deal worth $491.2M

NEW YORK (AP) - Avis is leaping into the car-sharing service business by buying Zipcar for $491.2 million, aiming to capture a new type of customer and technology that will vastly expand its car rental options.

January 02, 2013 | | Nationwide

Firm: 2013 auto sales will be strong

DETROIT (AP) - A healthier economy and more model introductions should push U.S. auto sales above the 15 million mark this year, predicts an auto industry research firm.

January 02, 2013 | | Nationwide

Library websites get more mobile visits

NEW YORK (AP) - A new Pew study reports that around 13 percent of Americans aged 16 and older used a mobile device to visit a library website during the past year.

December 31, 2012 | | Nationwide

Last Borders signs come down at flagship store

ANN ARBOR, Mich. (AP) - The signs have come down at the flagship store of the now-defunct Borders book store chain.

December 31, 2012 | | Nationwide

Financial stocks were the biggest gainers of 2012 on S&P 500 index

NEW YORK (AP) - Financial stocks had a stellar year in 2012, leading the industry groups in the Standard & Poor's 500 index. Utility companies were the worst performing group. Nine of the 10 sectors in the index advanced in 2012.

December 31, 2012 | | Nationwide

Stocks shoot up as investors bet on 'cliff' deal

NEW YORK (AP) - The stock market shot higher on Monday even as the "fiscal cliff" neared. By the time trading ended, Republicans and Democrats still hadn't reached a budget compromise - but investors were betting that they would.

December 31, 2012 | | Nationwide


Home builder Pulte leads year's gainers

December 28, 2012 | | Nationwide

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