STOCKHOLM (AP) — Swedish fashion retailer Hennes Mauritz AB says net profit dropped by 30 percent in the first quarter due to higher prices on cotton and negative currency exchange effects. The company said Thursday that net profit fell to 2.62 billion kronor ($41.3 million) in the quarter, from 3.74 billion kronor in the same [...]
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In this photo taken March 16, 2011, traders work on the floor of the New York Stock Exchange. Having focused on Japan’s devastating earthquake and tsunami as well as the uprisings in the Arab world over the past few weeks, traders are turning their attention to fundamental economic indicators, such as the pace of jobs [...]
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FDA Mulls Safety of Artificial Food Coloring March 30, 2011 — Food dyes used in everything from candy to lunch meat may contribute to worsening hyperactivity in some kids, researchers told an FDA advisory panel on Wednesday. The data are far from conclusive and scientists point out they don’t know how the possible effects might [...]
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Then House Minority Leader John Boehner (R.-Ohio) and President Barack Obama on Jan. 29, 2010. (Associated Press photo) (CNSNews.com) – Imagine that you had an average monthly income of about $170 balanced against average monthly expenses of about $940–and that you were more than $14,000 in debt. Then imagine that as of today, you had [...]
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President Obama pauses during his speech on America’s energy security, delivered at Georgetown University in Washington Wednesday, March 30, 2011. (AP Photo/Pablo Martinez Monsivais) Washington (CNSNews.com) – Despite the nuclear crisis in Japan, nuclear energy will remain a safe and important source of electricity in the U.S., President Obama said on Wednesday. “America gets one-fifth [...]
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SymbolPriceChangeHSY54.69-0.10{“s” : “hsy”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} HERSHEY, Pa. (AP) — Chocolate is going to cost a little more green. The Hershey Co. on Wednesday said it raised wholesale prices by 9.7 percent, because its own costs have risen. The candy maker says the price increase takes effect immediately. It cited higher costs [...]
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SymbolPriceChangeJNJ59.38+0.16{“s” : “jnj”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} NEW YORK (AP) — Johnson Johnson said Wednesday that it is reorganizing its consumer business, including giving more attention to its McNeil Consumer Healthcare unit, which has been stung by around 20 recalls of popular over-the-counter products like Tylenol, Motrin, and Benadryl. The company said the [...]
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FILE – This file photo from June 10, 2008, shows David Sokol, Chairman of MidAmerican Energy Holdings Co., in Omaha, Neb. Sokol, once thought to be a possible successor to investor Warren Buffett, has resigned. (AP Photo/Nati Harnik, File) SymbolPriceChangeBRK-A128,103.00+1,093.00KO66.04+0.32WFC31.91+0.32{“s” : “brk-a,ko,wfc”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} OMAHA, Neb. (AP) — A top executive [...]
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SymbolPriceChangeAIG36.05-0.13{“s” : “aig”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} WASHINGTON (AP) — The Federal Reserve Bank of New York has turned down an offer by American International Group to repurchase dodgy mortgage bonds that the Fed had taken off the insurance company’s hands during the financial crisis. AIG had offered $15.7 billion for the bonds. [...]
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iMate puts a variety of iDevice media-management tools under one attractive roof. (Credit: Screenshot by Rick Broida/CNET) Wondershare’s new iMate is a multipurpose Windows utility for iPhone, iPod, and iPad owners. With it you can rip DVDs, convert videos, copy music and photos from your iDevice to your PC, create ringtones, and more. It normally [...]
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