Archive: 01/29/2013

Wanxiang says panel approves A123 sale

Chinese auto parts conglomerate Wanxiang Group Corp. said Tuesday that a federal panel has approved its purchase of most assets of failed battery maker A123 Systems Inc.

dateJan 29, 2013 in Business
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Amazon.com posts lower 4Q net income

Amazon.com says its fourth-quarter net income fell 45 percent, as higher revenue failed to keep pace with increased spending on order fulfillment and digital content.

dateJan 29, 2013 in Business
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