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WASHINGTON (AP) -- U.S. wholesale businesses in January suffered their steepest sales drop in nearly five years, yet they continued to increase their stockpiles. This suggests that companies expect the economy to roar back after experiencing an abrupt winter slowdown.
BC-US--Dow Record-Three Personal Stories, 1st Ld-Writethru,1173 Dow Record: Three tales of ups, downs and changes AP Photo FX102, FX103 Eds: With BC-US--Dow Record. Adds photos. By SCOTT MAYEROWITZ AP Business Writer NEW YORK (AP) -- When the Dow first crossed 14,000, investors were overjoyed. ...