PRESS DIGEST - Washington Post Business - Aug 16
WASHINGTON, Aug 15 (Reuters) - The Washington Post included the following items on the front page of its business section on Aug. 16.
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WASHINGTON - A small group of employees at a Wal-Mart (WMT.N) store in Canada secured the only union contract with the company in North America, a victory for labor groups that have campaigned for years to organize the world's largest retailer.
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OAKLAND, Calif. - Pandora is one of the nation's most popular Web radio services, with about 1 million listeners daily. Yet the burgeoning company may be on the verge of collapse and so may be others like it, after an obscure federal panel last year ordered a doubling of the per-song performance royalty that Web radio stations pay to performers and record companies.
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NEW DELHI - Trapped in debt, many middle-class Indians are struggling to cope, as India projected its growth rate would fall this year to 7.7 percent, compared to nearly 9 percent last year. Industrial output slipped to its lowest in six years, growing 5.4 percent in June, compared to 8.9 percent in the same month last year.
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WASHINGTON - Imagine a virtual health clinic: Your lung doctor and heart specialist can pull up your online medical profile and chat, via instant messenger, about your medications. WellNet Healthcare, a Bethesda health management company, is launching the beta version of this social network, Point to Point Healthcare, this month.
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