David Dillon News
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U.S. retailers may shy away from charging consumers extra to use credit cards, even though they are free to do so under a proposed legal settlement, because of intense competition in the industry.
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Kroger Co., the largest U.S. grocery-store chain, gained the most in four months after raising its forecast for long-term profit growth as it increases store openings.
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As many as 5.1 million sport-utility vehicles made by Chrysler Group LLC, the carmaker run by Fiat SpA, will get closer scrutiny from U.S. regulators looking into about two dozen reports of fires after rear-impact crashes.
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Consumer confidence held close to a seven-month high last week as the holiday-shopping season put more Americans in the mood to spend, and claims for unemployment benefits declined.
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Dish Network Corp. Chairman Charlie Ergen, a former professional poker player, has bet the satellite TV provider’s future on a shift into the wireless business. That wager is in jeopardy as the U.S. mobile industry consolidates.
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Kroger Co. , the largest U.S. grocery- store chain, tumbled the most in a year after lowering the top end of its full-year profit forecast.
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Intel Corp. forecast sales that may exceed analysts’ predictions, a sign that rising demand for server chips is compensating for the company’s delayed entry into the market for tablet computers.
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Apple Inc. didn’t need the biggest price swings to post the best gain in the Standard & Poor’s 500 Index over the last decade.
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Zynga Inc. will sell about 15 percent of its common stock in an initial public offering, said a person with knowledge of the matter, breaking with a practice among Internet companies this year of using a lower free float to boost demand.
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Federal Reserve policy makers raised their assessment of the economy as the labor market gathers strength and refrained from new actions to lower borrowing costs.
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