Metro-East News

August 7, 2014

Daily business briefing: Fewer seeking unemployment aid

The Labor Department reports that jobless claims fell last week, another indication of a strengthening economy. Weekly applications for unemployment aid fell by 14,000 to a seasonally adjusted 289,000, the lowest average since February 2006. Read more at http://www.bnd.com/business. ...

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Nestle SA's sales and profits have fallen in the first half of the year. The maker of the Haagen-Dazs, Stouffer's and Nescafe brands has recorded a 4.8 percent decline. Learn more at http://www.bnd.com/business. ...

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Bank of America is nearing a settlement to resolve an investigation into its role in the sale of mortgage-backed securities before the 2008 financial crisis. The settlement is reported at a value of $16 billion to $17 billion. Find out more at http://www.bnd.com/business. ...

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A new reality TV show will spotlight a recycling company. "Human Resources" debuts Friday on the Pivot network. For more information, go to http://www.bnd.com/business.

-- Will Buss, BND business writer

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