Matt Gettmann began working in finance at Boeing Co. last year, and it wasn’t long before he found himself watching, stunned, as union members prepared for what became an eight-week strike.

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Soul-Searching Ahead for Boeing’s Machinists?

NEW YORK (Reuters) – CIT Group is likely to file for bankruptcy in the coming days, analysts and experts said.

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CIT seen filing for bankruptcy in coming days

NEW YORK (Reuters) – Two of the largest U.S. apartment landlords said on Thursday they see something in their sector that’s been missing for the past few years — a little optimism about the future.

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Two big U.S. apartment owners see some hope, finally

Procter & Gamble’s surprisingly good results report vindicates CEO Bob McDonald’s strategy for reclaiming market share lost to lower-cost rivals

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P&G Beats Forecasts and Sees Growth

Total money market mutual fund assets fell by $2.27 billion to $3.37 trillion for the week, the Investment Company Institute said Thursday. Assets of the nation’s retail money market mutual funds fell by $7.4 billion in the latest week to $1.096 trillion….

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Investment Company Institute – Mutual fund – Money fund – Business – Investing

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Money fund assets fell to $3.37T in latest week

Exchange operator CME Group Inc. said Thursday its third-quarter profit increased 20 percent as cost-cutting and a smaller tax provision offset a 4 percent decline in revenue. But the derivatives, futures and options exchange operator said that if the New…

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CME Group – Business – Chicago – Investing – Commodities and Futures

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CME Group’s 3Q profit up on lower costs

A politically connected Beverly Hills, Calif., firm and two of its executives were indicted Thursday for what prosecutors say was a bid-rigging scheme in the municipal bond business. The charges in the nine-count indictment filed Thursday in Manhattan federal…

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Municipal bond – Manhattan – Beverly Hills California – Business – United States federal courts

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Calif. firm, execs charged in bond bid-rigging

Phase Forward Inc., a provider of data management software for drug safety and clinical trials, reported its third-quarter profit sank nearly 50 percent, but still handily beat Wall Street’s forecast. The company earned $1.8 million, or 4 cents per share, in…

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Clinical trial – Phase Forward – Wall Street – Business – Biotechnology and Pharmaceuticals

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Phase Forward posts 3rd-quarter profit decline

In some versions of an Oct. 28 story about a utility company’s plan to distribute energy-efficient light bulbs, The Associated Press erroneously reported what would have been covered by a charge to customers of 60 cents a month for three years. The charge…

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Incandescent light bulb – Public utility – Light – Electrical – Associated Press

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Correction: Light Bulb Backlash story

Wright Medical Group Inc. said Thursday its profit was unchanged in the third quarter, as greater sales of its orthopedic devices were offset by increased costs. The company earned $4.2 million, or 11 cents per share, matching its profit from the third…

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Business – Orthopedic – Healthcare – Products and Services – United States

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Wright Medical says 3Q profit was unchanged

PECO said Thursday that it has been awarded a $200 million federal grant that will allow the utility to accelerate deployment of new “smart” meters to its 1.6 million customers and modernize its systems. The meters, being rolled out to utility customers…

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Business – Energy – Utilities – Equipment – United States

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PECO awarded $200M grant to install meters

After a record four straight losing quarters, the economy finally grew again. It was hardly a boom, and it was almost all because of government spending. But it was enough to change the question from when the recession will end to whether the recovery will…

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Tax credit – Business – United States – Accounting – Construction and Maintenance

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The recession may be over at last _ so what now?

MGM Mirage’s 67-acre CityCenter is the ultimate test of Sin City’s bigger-is-better business model

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The Biggest Bet in Vegas

California is set to outlaw flat-screen models that soak up energy. Manufacturers and merchants are fuming

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Hasta La Vista, Power-Hungry TVs

PRINCETON — Princeton University announced today layoffs for 43 employees and the reduction in hours for 18 other positions as part of a two-year budget reduction plan to address a sharp decline in the university’s endowment. The staff cuts follow…

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Princeton University announces 43 layoffs in budget cutting plan