Timothy Johnson News
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The airline industry expects Congress to enact, and President Barack Obama to sign, legislation authorizing the U.S. to prohibit airlines from complying with European Union emissions regulations, an industry lobbyist said.
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A mile-high skyscraper, almost double the height of today’s tallest building, may become a reality by 2025 as developing countries splurge cash in an ego- fueled race to construct the world’s highest tower.
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The U.S. House of Representatives voted to extend tax cuts through 2013 for all income levels, defying a veto threat from President Barack Obama and setting up a partisan showdown on fiscal policy after the Nov. 6 election.
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The London interbank offered rate, the benchmark for $360 trillion of securities, may not survive allegations of being corrupted unless it’s based on transactions among banks rather than guesswork about the cost of money.
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For buyout firms looking for a deal, Big Lots Inc. is now offering the biggest bargain among discount retailers in America.
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Sales at retailers probably rose in November as Americans bought more new cars and shopped for the holidays, showing growth in the U.S. is picking up heading into 2012, economists said before a report this week.
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Retail sales probably climbed in November as Americans bought more new cars and began their holiday shopping, helping to bolster the expansion heading into 2012, economists said before a report today.
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U.S. stocks advanced, sending the Standard & Poor’s 500 Index higher for a second straight day, as a government report showing a bigger-than-forecast drop in jobless claims bolstered optimism about the economic recovery.
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Retail sales rose in November at the slowest pace in five months, indicating American consumers were trying to live within their means heading into the holiday shopping season as wages dropped.
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While private-equity firms circle Family Dollar Stores Inc., 99 Cents Only Stores and Big Lots Inc., a leveraged buyout of Dollar Tree Inc. may offer the biggest bang for the buck.
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