Business Stories from January 12, 2016 (Change date)
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As oil plunges, energy companies cut jobs, postpone projectsJan 12, 2016 1:30 pm - LONDON (AP) - The world's biggest oil companies are slashing jobs and backing off major investments as the price of crude falls to new lows - and there may be more pain ...
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Canada mining company suspends work, cuts jobs in GreeceJan 12, 2016 10:02 am - ATHENS, Greece (AP) - Canadian mining company Eldorado Gold said Tuesday it is suspending work at a site in Greece and laying off 600 workers following protests by local...
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Turkmen banks halt hard currency sales as economy strugglesJan 12, 2016 8:30 am - ASHGABAT, Turkmenistan (AP) - Banks in the natural gas-rich Central Asian nation of Turkmenistan have halted hard currency sales as the economy shows signs of struggling...
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Bahrain, Oman cut gas subsidies as oil hits 12-year lowJan 12, 2016 6:00 am - MANAMA, Bahrain (AP) - Bahrain and Oman are reducing government subsidies on gasoline, becoming the latest Gulf Arab countries to try to cut back on spending and offset ...
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US job openings rose in November; hiring, quits riseJan 12, 2016 11:00 am - WASHINGTON (AP) - U.S. employers advertised slightly more jobs in November as overall hiring edged up and more Americans quit their jobs in signs of a healthier environm...
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Lululemon and Burlington rise, Alcoa and GameStop slideJan 12, 2016 3:00 pm - NEW YORK (AP) - Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq stock market: NYSE Alcoa Inc., down 72 cents to...
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Senate rejects Rand Paul's 'Audit the Fed' legislationJan 12, 2016 2:00 pm - WASHINGTON (AP) - The Senate on Tuesday blocked legislation calling for tougher audits of the Federal Reserve, rebuffing an attempt by Republican presidential candidate ...
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California regulators reject Volkswagen recall planJan 12, 2016 5:30 pm - LOS ANGELES (AP) - California regulators on Tuesday rejected Volkswagen's recall plan for some of the German automaker's most popular diesel models that used software to...
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Experts to study food safety of oilfield wastewaterJan 12, 2016 8:01 pm - RANCHO CORDOVA, Calif. (AP) - More farmers in drought-stricken California are using oilfield wastewater to irrigate, and a new panel on Tuesday began taking one of the s...
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BP to cut 4,000 jobs amid oil price plungeJan 13, 2016 5:29 am - LONDON (AP) - Oil company BP is cutting some 4,000 jobs in exploration and production over the next two years amid sharp drops in the price of crude. The cuts in BP's up...