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- Insight: Swing states: Could Europe decide the U.S. election?
NAVARRE, Ohio/WASHINGTON (Reuters) - The busy shop floor at Miller Weldmaster Corp could make a great location for an Obama campaign ad. As workers assemble the family-owned company's hot-air fabric welders, used to manufacture everything from inflatable rafts to truck tarps, it's hard to know the recession of 2007-2009 ever happened. Ten clocks on the wall of the plant in Navarre, Ohio, show local time from Norway to New Zealand and tell Miller Weldmaster's comeback story in a word: exports. Sixty percent of the company's business now comes from outside the United States. ...
- 2 US Navy ships collide in Pacific; no injuries
An 844-foot-long U.S. Navy vessel collided with a refueling tanker Wednesday in the Pacific Ocean, causing damage to both ships, but there were no injuries or fuel spills, military officials said.
- 'Grexit'? Businesses prep
The bosses of some of the eurozone's biggest companies are making contingency plans to avoid being caught short if Greece should leave.
- Dow dips Wednesday
Wall Street got off to a strong start but dwindled throughout Wednesday trading. The Dow Jones Industrial Average blew a more than 105 point gain and closed at 12,598.55, down 33.45 points, or 0.26 percent. Nasdaq dropped 19.71 points, or 0.68 percent, to finish at 2,874.04.
Most among a sampling of Pittsburgh companies slipped. But TMS International Corp. (NYSE:TMS) rose 3.35 percent to $11.27 per share.
Here’s how others fared:
Dick’s Sporting Goods Inc. (NYSE:DKS), down 4.12 percent to...
- Michaels Stores names interim leadership after CEO stroke
Michaels Stores Inc. has implemented temporary leadership while CEO John Menzer recovers from a stroke he had in April.
The company reported in April that Menzer was hospitalized, but no further information was released. On Wednesday, the company said Menzer is in stable condition and is expected to be on medical leave for an “extended period of time.”
The board of directors of the Irving-based company established an interim office of the CEO. Lew Klessel, managing director of Bain Capital...
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