<![CDATA[CentreDaily.com -- Business]]> http://www.centredaily.com/216/index.html CentreDaily.com, State College, PA en-us Copyright 2012 - CentreDaily.com Business 60 Tue, 14 Feb 2012 21:34 EST http://blogs.law.harvard.edu/tech/rss MI RSS Burninator 2.0 bheisse@centredaily.com (Bob Heisse) <![CDATA[Negotiators reach tentative payroll tax cut pact]]> http://www.centredaily.com/2012/02/14/3090325/capitol-hill-weighs-gop-payroll.html#storylink=rss http://www.centredaily.com/2012/02/14/3090325/capitol-hill-weighs-gop-payroll.html Washington Tue, 14 Feb 2012 15:15 EST House-Senate talks on renewing a payroll tax cut that delivers about $20 a week to the average worker yielded a tentative agreement Tuesday, with lawmakers planning to unveil the pact…

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]]> <![CDATA[GOP critics hit Obama's $3.8 trillion budget]]> http://www.centredaily.com/2012/02/14/3090475/gop-critics-hit-obamas-38-trillion.html#storylink=rss http://www.centredaily.com/2012/02/14/3090475/gop-critics-hit-obamas-38-trillion.html Washington Tue, 14 Feb 2012 17:11 EST Treasury Secretary Timothy Geithner told Congress Tuesday that the president's new $3.8 trillion spending plan would impose new taxes on only 2 percent of the nation's wealthiest families and the…

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]]> <![CDATA[Goodyear posts 4Q profit, but misses Street view]]> http://www.centredaily.com/2012/02/14/3089759/goodyear-tire-rubber-returns-to.html#storylink=rss http://www.centredaily.com/2012/02/14/3089759/goodyear-tire-rubber-returns-to.html Financial Tue, 14 Feb 2012 07:03 EST Goodyear Tire & Rubber Co. returned to profitability in its fourth quarter partly as it sold more higher-priced tires after reporting a loss a year ago that included hefty costs…

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]]> <![CDATA[Fed approves Capital One acquisition of ING Direct]]> http://www.centredaily.com/2012/02/14/3090521/fed-approves-capital-one-acquisition.html#storylink=rss http://www.centredaily.com/2012/02/14/3090521/fed-approves-capital-one-acquisition.html Washington Tue, 14 Feb 2012 17:56 EST Capital One has won approval to acquire ING Direct for $9 billion, clearing the way for it to become the nation's fifth-largest bank.

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]]> <![CDATA[Panetta, Dempsey defend military budget plan]]> http://www.centredaily.com/2012/02/14/3089639/panetta-defends-military-budget.html#storylink=rss http://www.centredaily.com/2012/02/14/3089639/panetta-defends-military-budget.html Washington Tue, 14 Feb 2012 03:08 EST Defense Secretary Leon Panetta and the nation's top military leader on Tuesday defended the Pentagon's slimmed-down, $614 billion budget, telling lawmakers it's time to show Congress is serious about reducing…

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]]> <![CDATA[GOP critics hit Obama's $3.8 trillion budget]]> http://www.centredaily.com/2012/02/13/3089127/obamas-new-budget-higher-taxes.html#storylink=rss http://www.centredaily.com/2012/02/13/3089127/obamas-new-budget-higher-taxes.html Washington Mon, 13 Feb 2012 16:18 EST Treasury Secretary Timothy Geithner told Congress Tuesday that the president's new $3.8 trillion spending plan would impose new taxes on only 2 percent of the nation's wealthiest families and the…

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]]> <![CDATA[Boeing locks in biggest plane order with Lion Air]]> http://www.centredaily.com/2012/02/14/3089835/boeing-locks-in-biggest-plane.html#storylink=rss http://www.centredaily.com/2012/02/14/3089835/boeing-locks-in-biggest-plane.html Financial Tue, 14 Feb 2012 08:13 EST Boeing has locked in its biggest order ever with a little-known airline halfway around the world.

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]]> <![CDATA[Businesses boosted stockpiles 0.4 percent]]> http://www.centredaily.com/2012/02/14/3089942/businesses-boosted-stockpiles.html#storylink=rss http://www.centredaily.com/2012/02/14/3089942/businesses-boosted-stockpiles.html Washington Tue, 14 Feb 2012 10:08 EST Companies restocked at a faster pace in December, a positive sign that they expect consumers to step up spending.

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]]> <![CDATA[Creditors spell out further Greece austerity]]> http://www.centredaily.com/2012/02/14/3089737/creditors-spell-out-further-greece.html#storylink=rss http://www.centredaily.com/2012/02/14/3089737/creditors-spell-out-further-greece.html Financial Tue, 14 Feb 2012 06:28 EST A new document from Greece's international creditors spells out what further austerity measures they expect Athens to implement to receive fresh cash and avoid default.

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]]> <![CDATA[Ex-Bear Stearns execs pay fines, accept bans]]> http://www.centredaily.com/2012/02/13/3089126/ex-bear-stearns-execs-pay-fines.html#storylink=rss http://www.centredaily.com/2012/02/13/3089126/ex-bear-stearns-execs-pay-fines.html Washington Mon, 13 Feb 2012 16:18 EST Two former Bear Stearns executives reached settlements Monday with federal regulators over civil charges they mislead investors about risky mortgage securities when the housing market was collapsing.

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]]> <![CDATA[Australia, aiming for surplus, hikes taxes on rich]]> http://www.centredaily.com/2012/02/14/3090619/australia-aiming-for-surplus-hikes.html#storylink=rss http://www.centredaily.com/2012/02/14/3090619/australia-aiming-for-surplus-hikes.html International Tue, 14 Feb 2012 21:11 EST Australian lawmakers have narrowly approved tax hikes for the wealthy that the government says will help it meet its pledge to deliver a budget surplus next year.

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]]> <![CDATA[US, Europe look at fast but risky penalty on Iran]]> http://www.centredaily.com/2012/02/14/3090311/us-europe-look-at-fast-but-risky.html#storylink=rss http://www.centredaily.com/2012/02/14/3090311/us-europe-look-at-fast-but-risky.html Washington Tue, 14 Feb 2012 15:05 EST The United States and Europe are considering unprecedented punishment against Iran that could immediately cripple the country's financial lifeline. But it's an extreme option in the banking world that would…

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]]> <![CDATA[Roche warns of counterfeit cancer drug in US]]> http://www.centredaily.com/2012/02/14/3090397/roche-warns-of-counterfeit-cancer.html#storylink=rss http://www.centredaily.com/2012/02/14/3090397/roche-warns-of-counterfeit-cancer.html Washington Tue, 14 Feb 2012 16:16 EST The maker of the widely prescribed cancer drug Avastin is warning doctors and patients about counterfeit vials of the product that have been distributed in the U.S.

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]]> <![CDATA[Summary Box: Kid's cancer drug shortage may ease]]> http://www.centredaily.com/2012/02/14/3090586/summary-box-kids-cancer-drug-shortage.html#storylink=rss http://www.centredaily.com/2012/02/14/3090586/summary-box-kids-cancer-drug-shortage.html Financial Tue, 14 Feb 2012 20:01 EST GETTING BETTER: An FDA official says a severe shortage of key childhood cancer drug methotrexate should ease before hospitals' dwindling supplies run out in a couple weeks.

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]]> <![CDATA[American Airlines workers protest job, pay cuts]]> http://www.centredaily.com/2012/02/14/3090556/american-airlines-workers-protest.html#storylink=rss http://www.centredaily.com/2012/02/14/3090556/american-airlines-workers-protest.html Domestic Nonwashington Tue, 14 Feb 2012 18:41 EST Flight attendants and ground workers marched in picket lines Tuesday to protest American Airlines' plans to outsource jobs and cut pay and benefits under a bankruptcy reorganization.

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]]> <![CDATA[Buffett's firm adds to Wells Fargo stake, cuts J&J]]> http://www.centredaily.com/2012/02/14/3090481/buffetts-firm-adds-to-wells-fargo.html#storylink=rss http://www.centredaily.com/2012/02/14/3090481/buffetts-firm-adds-to-wells-fargo.html Financial Tue, 14 Feb 2012 17:21 EST Warren Buffett's company boosted its already sizeable stake in Wells Fargo & Co. last year and sold shares of Johnson & Johnson and Kraft Foods, according to documents the company…

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]]> <![CDATA[Ill. doc gets 4 life terms in Ohio pill mill case]]> http://www.centredaily.com/2012/02/14/3090206/4-life-terms-for-doctor-in-ohio.html#storylink=rss http://www.centredaily.com/2012/02/14/3090206/4-life-terms-for-doctor-in-ohio.html Domestic Nonwashington Tue, 14 Feb 2012 13:43 EST A Chicago doctor who prosecutors say dispensed more of the powerful painkiller oxycodone from 2003 to 2005 than any other physician in the country was sentenced Tuesday to four life…

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]]> <![CDATA[Avon posts 4Q loss as sales slump, costs rise]]> http://www.centredaily.com/2012/02/14/3089793/avon-posts-4q-loss-as-sales-slump.html#storylink=rss http://www.centredaily.com/2012/02/14/3089793/avon-posts-4q-loss-as-sales-slump.html Financial Tue, 14 Feb 2012 07:53 EST Despite Avon Products Inc.'s efforts to revive its business, the beauty products seller posted a fourth-quarter net loss as sales fell, costs rose and it marked down the value of…

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]]> <![CDATA[Whitney Houston estate to gain; questions remain]]> http://www.centredaily.com/2012/02/14/3090491/whitney-houston-estate-to-gain.html#storylink=rss http://www.centredaily.com/2012/02/14/3090491/whitney-houston-estate-to-gain.html Domestic Nonwashington Tue, 14 Feb 2012 17:41 EST Whitney Houston's career is getting a post-mortem boost, but it isn't likely to be as big as the one that enriched the King of Pop's estate after his death.

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]]> <![CDATA[Whitney Houston estate to gain; questions remain]]> http://www.centredaily.com/2012/02/14/3090530/whitney-houston-estate-to-gain.html#storylink=rss http://www.centredaily.com/2012/02/14/3090530/whitney-houston-estate-to-gain.html Domestic Nonwashington Tue, 14 Feb 2012 18:06 EST Whitney Houston's career is getting a post-mortem boost, but it isn't likely to be as big as the one that enriched the King of Pop's estate after his death.

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