Daily business briefing: U.S. productivity slows

March 6, 2014 

The Labor Department has reported the nation's productivity grew at an annual rate of 1.8 percent in the fourth quarter, a slowdown from 3.5 percent productivity growth in the third quarter. Read more at http://www.bnd.com/business. ...

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The Obama administration is proposing that Alpha Natural Resources Inc., the nation's third-largest coal supplier, pay a record $27.5 million fine and spend another $200 million for water pollution violations. Find out more at http://www.bnd.com/business. ...

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Although Silicon Valley is entering a fifth year of unfettered growth. But with the median household income at $90,000, the cost of living has driven housing costs to double in the past five years while wages for low- and middle-skilled workers are stagnant. Learn more at http://www.bnd.com/business. ...

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The European Central Bank's latest projections foresee economic growth of 1.2 percent this year. That is up slightly from the 1.1 percent estimate made in December. For more information, go to http://www.bnd.com/business.

-- Will Buss, BND business writer

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