National Business
Bernanke signals Fed to maintain stimulus efforts
Chairman Ben Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to end its extraordinary stimulus programs.
National Business
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NATIONAL BUSINESS
IMF calls on Britain to do more for growth
The International Monetary Fund has called on Britain to do more to support the economic recovery, urging the government Wednesday to speed up investment in infrastructure and come up with a plan to privatize its bailed out banks.
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NATIONAL BUSINESS
US auto factories cutting back on summer downtime
The Detroit automakers are largely forgoing the traditional two-week summer break at their factories and speeding up production to meet buyers' growing demand for new cars and trucks.
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NATIONAL BUSINESS
US home sales tick up to highest in 3 1/2 years
Sales of previously occupied U.S. homes ticked up last month to the highest level in three and a half years, helped by a jump in the number of houses for sale.
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NATIONAL BUSINESS
Lowe's 1Q profit rises, but results miss Street
Lowe's said Wednesday that its first-quarter net income rose nearly 3 percent, but results fell short of expectations as rainy weather hurt spring gardening sales.
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NATIONAL BUSINESS
How The AP and Equilar calculate CEO pay
For its annual survey of CEO pay, The Associated Press uses data provided by Equilar, an executive pay research firm.
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NATIONAL BUSINESS
Stocks rise on Fed stimulus hopes, home sales
Stocks are moving higher Wednesday morning after Federal Reserve Chairman Ben Bernanke said it was too soon for the central bank to pull back on its massive economic stimulus programs.
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NATIONAL BUSINESS
Median CEO pay rises to $9.7 million in 2012
CEO pay has been going in one direction for the past three years: up.
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NATIONAL BUSINESS
On top of big salaries, companies pile on perks
Wynn Resorts kept a suite open all year at its tony Las Vegas hotel and casino for founder and CEO Steve Wynn, at a cost of nearly $452,000.
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NATIONAL BUSINESS
Stocks edge higher as investors watch the Fed
Stocks are opening slightly higher as investors watch for the latest moves from the Federal Reserve.
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NATIONAL BUSINESS
Evian giving its water bottle a makeover
Evian is giving itself a facelift to keep up with its sleek, young competitors on store shelves.
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