Business Stories from January 12, 2016 (Change date)
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China's Wanda buys Legendary Entertainment for $3.5 billionJan 12, 2016 2:01 am - BEIJING (AP) - Wanda Group said Tuesday it is buying Hollywood's Legendary Entertainment, the maker of films such as "Batman," for $3.5 billion in the first Chinese acqu...
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Stocks open higher, led by gains in technology, energyJan 12, 2016 8:00 am - U.S. stocks are opening higher, led by gains in big technology companies, which have had a rough start to the year. Intel and Apple each rose 2 percent in early trading ...
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Media magnate Rupert Murdoch, model Jerry Hall engagedJan 12, 2016 4:00 pm - LONDON (AP) - Media mogul Rupert Murdoch is engaged to Jerry Hall, the American actress and former supermodel who had a long-time relationship with Mick Jagger. Murdoch,...
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Gov't to announce new safety relationship with automakersJan 12, 2016 3:31 pm - DETROIT (AP) - Using the aviation industry as a model, automakers have agreed to work on fundamental changes in their relationship with the U.S. government in order to s...
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Michigan governor pledges contact with every Flint householdJan 11, 2016 11:31 pm - LANSING, Mich. (AP) - An apologetic Gov. Rick Snyder pledged Monday that officials would make contact with every household in Flint to check whether residents have bottl...
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Philadelphia newspapers, website handed off to new nonprofitJan 12, 2016 3:00 pm - PHILADELPHIA (AP) - The owner of Philadelphia's two largest newspapers and their joint website, philly.com, has handed them off to a nonprofit created to help them survi...
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Prep school settles case alleging 1980s abuse for $500,000Jan 12, 2016 5:00 pm - HARTFORD, Conn. (AP) - A western Massachusetts preparatory school will pay $500,000 to settle a lawsuit by a former student who said he was sexually abused by a faculty ...
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In California tests, self-driving cars still need human helpJan 12, 2016 10:01 pm - LOS ANGELES (AP) - Futuristic self-driving cars traveling along California roads have needed plenty of old-fashioned human intervention to stay safe. California's Depart...
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Nursing home therapy provider settles lawsuit for $125MJan 12, 2016 2:00 pm - BOSTON (AP) - Federal prosecutors say the nation's largest nursing home rehabilitation therapy provider has agreed to pay $125 million to resolve a lawsuit that alleged ...
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Swedish prosecutors launch Volkswagen emissions probeJan 13, 2016 5:29 am - STOCKHOLM (AP) - Swedish prosecutors have launched a criminal investigation related to the emissions scandal at German automaker Volkswagen. Anti-corruption prosecutor A...