May 23, 2013

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Wall Street Still Dark, Exchanges Test Systems

With lower Manhattan still largely without power Tuesday, U.S. stock exchanges tested contingency plans to ensure trading resumes as soon as possible this week after Hurricane Sandy smashed into the East Coast and shut down operations.

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Avon Products Chairman To Step Down

Avon Products says its chairman and former CEO Andrea Jung will step down at the end of the year. The move will end her 18 year tenure at the company.

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