Jack Daniel's spikes Brown-Forman 3Q profit

LOUISVILLE, Ky. — Brown-Forman Corp.'s whiskey lineup, led by its flagship Jack Daniel's brand, stirred a 12 percent increase in third-quarter net income as the spirits maker reported broad sales gain in the U.S. and overseas. The company behind such...

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US stocks are little changed after payroll survey

NEW YORK — Stocks are little changed in early trading, a day after setting a record high, as traders were unimpressed by a slight increase in hiring at private companies last month. The Standard & Poor's 500 index was flat at 1,874 shortly after...

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US service sector grew at slower pace in February

WASHINGTON — U.S. service companies expanded more slowly in February as hiring levels declined in a cautionary sign for the economy coming out of winter. The Institute for Supply Management said Wednesday that its service-sector index fell to 51.6 from...

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US stocks are little changed after jobs survey

NEW YORK — Stocks were little changed Wednesday after a survey showed that U.S. companies added slightly more jobs in February than in the previous month. The Standard & Poor's 500 surged to an all-time high a day earlier with its biggest gain since...

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Wind project generates cash for on Maine town

OAKFIELD, Maine — A Maine town has received the first of payments that will amount to millions of dollars from an agreement with a renewable energy company. First Wind said Tuesday that it has paid the town of Oakfield $600,000 as part of an agreement...

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EU ready to provide Ukraine aid worth $15 billion

BRUSSELS — The European Union is ready to give Ukraine 11 billion euros ($15 billion) in loans and grants over the coming years to help stabilize its economy, the head of the bloc's executive arm said Wednesday. The aid comes on top of $1 billion in...

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Survey: US companies add 139,000 jobs in February

WASHINGTON — A private survey shows that U.S. companies added slightly more jobs in February than in the previous month, but harsh winter weather still weighed on hiring. Payroll processor ADP said Wednesday that businesses added 139,000 jobs last month,...

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Court upholds $185 million award against Argentina

WASHINGTON — The Supreme Court has upheld a British natural gas company's multimillion dollar award against the government of Argentina. BG Group won $185 million through arbitration of a dispute with Argentina over investment in natural gas development....

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Former IRS official refuses to testify at hearing

WASHINGTON — The former Internal Revenue Service official at the heart of the agency's tea party scandal once again refused to answer questions at a congressional hearing Wednesday that quickly devolved into political bickering between Democrats and...

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US agency demands recall data from General Motors

DETROIT — A U.S. safety agency is demanding that General Motors turn over documents showing what the company knew about a dangerous ignition problem in older compact cars and how it responded. The National Highway Traffic Safety Administration is investigating...

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