Latest Business News
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Jobs data, earnings latest test for stocks
REUTERS - 7 hrs 41 mins ago
NEW YORK (Reuters) - U.S. stocks are unlikely to break above a key technical level next week unless monthly jobs data and consumer company results paint a more...
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Bernanke recouped personal losses in 2009
REUTERS - 8 hrs 2 mins ago
WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke's personal finances recovered in 2009, disclosure forms released by the central bank on Friday...
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Disney to sell Miramax for more than $660 million
REUTERS - 8 hrs 12 mins ago
LOS ANGELES/NEW YORK (Reuters) - Walt Disney Co has struck a deal to sell Miramax, the studio behind such films as "Trainspotting" and "No Country for Old...
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Imports slow Q2 growth as business spending surges
REUTERS - 8 hrs 21 mins ago
WASHINGTON (Reuters) - U.S. economic growth slowed in the second quarter as companies invested heavily in equipment from abroad and the pace of consumer...
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Imports slow second-quarter growth
REUTERS - 8 hrs 38 mins ago
WASHINGTON (Reuters) - Economic growth slowed in the second quarter as companies invested heavily in equipment from abroad and the pace of consumer spending...
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Wall Street marks best month in a year in July
REUTERS - 8 hrs 42 mins ago
NEW YORK (Reuters) - U.S. stocks closed little changed on Friday, but Wall Street wrapped up its best month in a year after the earnings season rounded the...
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Delta's Northwest pleading guilty to price fixing
REUTERS - 9 hrs 7 mins ago
WASHINGTON (Reuters) - Northwest Airlines, now a part of Delta Air Lines , has agreed to plead guilty to conspiring to fix the prices of air cargo, the U.S....
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Jesup & Lamont files for bankruptcy
REUTERS - 10 hrs 5 mins ago
NEW YORK (Reuters) - Jesup & Lamont Inc, a 133-year-old brokerage, filed for Chapter 11 bankruptcy on Friday in Manhattan, a month after it was shut down by...
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Imports slow U.S. Q2 growth, business spending surges
REUTERS - 10 hrs 10 mins ago
WASHINGTON (Reuters) - U.S. economic growth slowed in the second quarter as companies invested heavily in equipment from abroad and the pace of consumer...
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Corrected: Imports slow second-quarter growth
REUTERS - 10 hrs 18 mins ago
WASHINGTON (Reuters) - Economic growth slowed in the second quarter as companies invested heavily in equipment from abroad and the pace of consumer spending...
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Emboldened RIM readies new touchscreen BlackBerry
REUTERS - 10 hrs 21 mins ago
OTTAWA (Reuters) - Research In Motion is not known for its dramatic flair. Like the BlackBerry itself, with its renowned email security, the Canadian...
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Wall Street edges lower as investors mull slow recovery
REUTERS - 10 hrs 53 mins ago
NEW YORK (Reuters) - Stocks fell on Friday, rebounding for a second day in a row from more substantial losses, as concerns about slower economic growth held...
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Cuomo widens insurer probe with 6 more subpoenas
REUTERS - 10 hrs 55 mins ago
NEW YORK (Reuters) - New York Attorney General Andrew Cuomo has subpoenaed six more insurers as the state widens a probe into whether life insurance companies...
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Chrysler profitable, no rush to IPO: CEO
REUTERS - 10 hrs 59 mins ago
DETROIT (Reuters) - Chrysler, the No. 3 U.S. automaker, would be profitable on a net basis if it were not for the interest costs of loans remaining from its...
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Goldman employees still enamored with firm and CEO
REUTERS - 11 hrs 57 mins ago
NEW YORK (Reuters) - Goldman Sachs Group Inc is the bank many Americans love to hate, but one group just plain loves it: its employees.
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Merck pares 2010 forecast, despite beat in quarter
REUTERS - 12 hrs 6 mins ago
NEW YORK (Reuters) - Merck and Co issued a more cautious 2010 profit outlook on Friday and reported disappointing second-quarter sales of its vaccines and...
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Chevron earnings triple
REUTERS - 12 hrs 24 mins ago
NEW YORK/SAN FRANCISCO (Reuters) - Chevron Corp, the second-largest U.S. oil company, posted three-fold profit growth that beat estimates as refinery margins...
