Daily business briefing: Unrest in Iraq pushes gas prices up

June 19, 2014 

The national average price of $3.68 per gallon of gas is the highest price for this time of year since 2008, when gasoline cost hit its all-time high. Analysts point to the recent violence in Iraq for the recent price spike. Read more at http://www.bnd.com/business. ...

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Pharmacy chain Rite Aid recorded a 55 percent drop in its first-quarter profit. The store is dealing with higher-than-expected drug costs and reimbursement rate reductions. Find out more at http://www.bnd.com/business. ...

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The new phone unveiled by Amazon.com Inc. allows you to see in 3-D. Another feature makes use of four infrared cameras pointed at your face that help judge whether you're looking at the screen straight-on and helps the viewer see depth in images, to see around objects in the foreground, zoom in for a better look and to toggle through websites while you look at it. Learn more at http://www.bnd.com/business. ...

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The Dow Jones industrial average futures is up to 16,825. Standard & Poor's 500 index futures rose one point to 1,950, while Nasdaq 100 futures rose three points to 3,799. For more information, call http://www.bnd.com/business.

-- Will Buss, BND business writer

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