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Chronic delays and concerns over poor workmanship have prompted Massachusetts Bay Transportation Authority official to threaten cancelation of the $190 million double-decker rail car construction contract with Hyundai Rotem, the Boston Globe reported.
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By PBN Staff
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Medical technology maker Covidien PLC reported first-quarter earnings of $493 million, or $1.03 per diluted share, a slight decrease from the $494 million, or $1.02 per diluted share, reported for the first-quarter of its fiscal 2012.
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By PBN Staff
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U.S. stocks fell, following a two- week decline in the Standard & Poor’s 500 Index, as data showed American manufacturing contracted in August, fueling concern the economic recovery is slowing.
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By Rita Nazareth and Lu Wang |
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Industrial production in the U.S. unexpectedly declined in October as superstorm Sandy knocked out power in the Northeast.
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By Lorraine Woellert |
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Technology and a changing workforce have reshaped the traditional office in many ways, but they haven’t gotten rid of it.
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By Patrick Anderson |
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Following a drop of 1.9 percent in June, an index of America’s leading economic indicators gained 1 percent in July.
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By PBN Staff
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LeachGarner, a Berkshire Hathaway company, has completed the acquisition of the Findings Inc. and Fuller Findings businesses from Findings Inc. The businesses will operate as part of the General Findings division of Leach Garner, the company announced Wednesday.
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By PBN Staff
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Orders placed with U.S. factories rose in May for the first time in three months, easing concern that manufacturing is faltering.
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By Shobhana Chandra |
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Hasbro Inc. has earned a spot on CR Magazine’s “100 Best Corporate Citizens” list for the second consecutive year, this year moving into the top 10, at No. 7.
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By PBN Staff
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Nortek Inc., HVAC and ventilation maker, has joined the Russell 3000 and Russell 2000 indices, the company announced Monday.
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By PBN Staff
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