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US stock market ends slightly lower

Concerns over weaker global economic growth appeared to outweigh a pair of strong reports on the U.S. economy Tuesday, nudging stocks to a tiny loss.

 

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Home Depot probes possible credit card data breach

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Home Depot may be the latest retailer to suffer a credit card data breach. The Atlanta-based home improvement retailer told The Associated Press Tuesday that it is looking into “unusual activity” and that working with both banks and law enforcement.

US manufacturing grows at fastest pace in 3½ years

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U.S. manufacturing grew in August at the strongest pace in more than three years as factories cranked out more goods and new orders rose.

Thoma Bravo to buy Compuware for $2.5B

Private equity firm Thoma Bravo is spending about $2.5 billion to buy Compuware and take the software developer private.

Halliburton reaches $1.1B oil spill settlement

Halliburton says it has agreed to pay $1.1 billion to settle a substantial portion of plaintiff claims arising from the 2010 Gulf of Mexico oil spill.

US home prices rose at slower pace in July

U.S. home prices rose in July but at a slower rate compared with earlier this year. The moderating price increases could help support sales.

1-800-FLOWERS buying Harry & David for $142.5M

1-800-FLOWERS.COM Inc. is buying Harry & David for $142.5 million to help broaden the assortment of foods that its customers can choose as gifts.

Norwegian sails into luxury with Prestige purchase

Norwegian Cruise Line is sailing into the luxury sector, spending about $3 billion in cash and stock to acquire the high-end Prestige Cruises International.

Dollar General raises Family Dollar bid to $9.1B

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Dollar General upped its bid for the rival Family Dollar chain and addressed an earlier roadblock, saying it will more than double the number of stores it would shed to tamp down the antitrust concerns of its takeover target. The newest bid is worth $9.1 billion.

Court halts ridesharing service Uber in Germany

A court has issued an injunction barring ridesharing service Uber from operating in Germany, the latest shot in a fight with the country’s taxi drivers.

Hershey takes wraps off new corporate logo

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The Hershey Co. is rolling out a new corporate logo that features a freshly stylized version of one of its most famous chocolate products.

Tesla Motors dealing as states play factory poker

Tesla Motors has five states bidding to attract a $5 billion factory that will make batteries for a new generation of electric cars.

Business briefs for Sept. 1

United Way President Search: The board of trustees of the Lake Area United Way recently accepted the retirement notice of president and CEO Lou Martinez, according to a release from the organization. Martinez has been on staff at the Lake Area United Way since May …

JPMorgan investigating possible cyberattack

JPMorgan Chase, the nation’s biggest bank by assets, is working with law enforcement officials to investigate a possible cyberattack, though the bank isn’t currently seeing any unusual fraud activity at the time.

Darden delays shareholders meeting

Olive Garden’s parent company Darden Restaurants said it is postponing its annual meeting to give shareholders enough time to review its proxy materials.

US economy grew at brisk 4.2 percent rate in 2nd quarter

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After a bleak start to the year, the U.S. economy grew at a brisk annual rate of 4.2 percent in the April-June quarter, the government said Thursday, slightly faster than it had first estimated.