East Coast Braces for Hurricane Irene

The northeastern United States is preparing for Hurricane Irene, which is expected to travel closely along the East Coast, affecting areas from the Outer Banks, N.C. to as far north as Portland, Maine.

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Staples’ Profits Rise 36% for Q2 2011

Framingham, Massachusetts-based Staples reported a 36 percent rise in the company’s net income for the second quarter, with sales increased 5.2 percent. The company, which owns promotional products distributor Staples Promotional Products and business-to-business division Staples Advantages, had a net income of $176.4 million for the quarter, an increase over the $129.8 million profit from the second quarter 2010.

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