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| |Wednesday, Feb. 15, 2012
HOLLIDAYSBURG, Pa. — Don't tell Michael W. McLanahan that manufacturing in the United States is dead. His family-owned, privately held company has made mineral processing and farm equipment since its founding way back in 1835 - and is enjoying a boom.Read more
| |Wednesday, Feb. 15, 2012
For the 99 percent of colleges, it was a pretty good fundraising year.Read more
| |Wednesday, Feb. 15, 2012
Deere & Co. says strong equipment sales, particularly abroad, boosted quarterly net income by 4 percent and the company is raising its outlook for 2012.Read more
|Wednesday, Feb. 15, 2012
NEW YORK — Troubled snack food maker Diamond Foods Inc. and Procter & Gamble Co. have called off their $1.5 billion deal for Diamond to buy the Pringles brand. Cereal maker Kellogg Co. is swooping in and made a $2.7 billion deal to purchase the brand.Read more
|Wednesday, Feb. 15, 2012
MILAN — Italy's national statistics agency confirmed Wednesday that the eurozone's third-largest economy had slid into recession thanks to a drop in industrial activity and a stagnant service sector.Read more
|Wednesday, Feb. 15, 2012
LONDON — The governor of the Bank of England says that Britain's economy is likely to grow slowly this year in a "zigzag" pattern of quarterly gains and setbacks in output.Read more
|Wednesday, Feb. 15, 2012
MILAN — Losses from Eni's gas and refining business contributed to a 10 percent drop in fourth-quarter profits, the company reported Wednesday.Read more
|Wednesday, Feb. 15, 2012
ATHENS, Greece — Greece's finance minister says all pending issues in its international creditors' requirements for the country's second bailout will be completed ahead of a Wednesday evening conference call between eurozone finance ministers.Read more
| |Wednesday, Feb. 15, 2012
PARIS — French bank BNP Paribas suffered a 50 percent slump in the fourth quarter net profits as Europe's financial crisis intensified last autumn and slashed the value of its holdings of Greek government bonds.Read more
| |Wednesday, Feb. 15, 2012
TAIPEI, Taiwan — American attempts to get major Asian importers of Iranian oil to rein in their purchases are faltering as allies South Korea and Japan give U.S. officials a polite brushoff. Emerging giants India and China may even increase their purchases, further complicating Washington's efforts to force Iran to curtail its nuclear program.Read more