Business Stories from May 24, 2016 (Change date)
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HP Enterprise gets smaller by selling services divisionMay 24, 2016 7:00 pm - SAN FRANCISCO (AP) - Hewlett Packard Enterprise is continuing to slim down by selling its business services division to competitor Computer Sciences Corp. Both companies...
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Monsanto rejects $62B Bayer bid, but still open to talksMay 24, 2016 5:30 pm - NEW YORK (AP) - Monsanto rejected Bayer's $62 billion takeover bid, calling it "incomplete and financially inadequate." However, the seed company suggested Tuesday that ...
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VA chief: 'I deeply regret' wait-time comparison to DisneyMay 24, 2016 5:00 pm - WASHINGTON (AP) - Veterans Affairs Secretary Robert McDonald said Tuesday he regrets remarks he made comparing long wait times at VA health care sites to waiting in line...
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US new-home sales jump to highest level in more than 8 yearsMay 24, 2016 10:00 am - WASHINGTON (AP) - Americans ramped up their purchases of new homes in April to the highest level since January 2008, evidence of a strong start to the spring buying seas...
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Markets Right Now: Stocks move solidly higher on Wall StreetMay 24, 2016 3:30 pm - NEW YORK (AP) - The Latest on developments in global financial markets (all times local): 4:00 p.m. The stock market had its biggest gain since March as technology stock...
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Best Buy offers weak profit view, says CFO stepping downMay 24, 2016 1:01 pm - NEW YORK (AP) - Best Buy Co. on Tuesday offered a disappointing profit outlook for the current quarter, weighed in part by a recent earthquake in Japan that hurt the ava...
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Puerto Rico seeks power bill increase, sparking outrageMay 24, 2016 3:00 pm - SAN JUAN, Puerto Rico (AP) - Puerto Rico's heavily indebted electric company announced Tuesday that it is seeking a more than 20 percent increase in the island's already...
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A rising housing market lifts builders, home goods retailersMay 24, 2016 1:01 pm - NEW YORK (AP) - A new report from the U.S. that showed Americans are snapping up homes at a pace not seen since the housing bust-fueled recession pushed the trading of s...
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Huawei files lawsuits accusing Samsung of violating patentsMay 25, 2016 12:00 am - BEIJING (AP) - Chinese tech giant Huawei said Wednesday it has filed patent infringement lawsuits against South Korean mobile phone rival Samsung in the United States an...
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Teresa Heinz Kerry to step down as chair of Heinz EndowmentsMay 24, 2016 3:00 pm - PITTSBURGH (AP) - Teresa Heinz Kerry says she'll step down as chairwoman of the Heinz Endowments and her three sons will fill the position in a series of four-year rotat...