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submitted by Robby for team staff news 1 week 2 days 11 hours 22 minutes ago
DETROIT (AP) -- General Motors Corp. said Monday it is ending its nine-year endorsement deal with golf superstar Tiger Woods as the automaker continues to cut expenses and hoard cash while trying to survive the worst sales downturn in a quarter-century....
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submitted by Robby for team staff news 1 week 2 days 16 hours 22 minutes ago
Of all the rescues mounted by the government so far this year, none carries with it more symbolism, or more irony, than that of Citigroup. Until recently, Citi was not only the largest U.S. financial institution, but the very embodiment of the new financial order....(more)
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submitted by Robby for team staff news 1 week 2 days 18 hours 21 minutes ago
Iran's President Ahmadinejad says his country will not be damaged by sharply falling oil prices.
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submitted by Robby for team staff news 1 week 2 days 18 hours 22 minutes ago
LONDON (AP) -- Shareholders of Barclays PLC, Britain's second largest bank, were on course Monday to vote in favor of a plan to raise 7 billion pounds ($10.5 billion), largely from funds in the Middle East....
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submitted by Robby for team staff news 1 week 2 days 18 hours 22 minutes ago
KUALA LUMPUR, Malaysia (AP) -- Malaysia's central bank Monday reduced its key overnight policy rate - used by banks to set lending rates - by 25 basis points to 3.25 percent in a bid to stimulate spending and boost the economy....
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submitted by Robby for team staff news 1 week 2 days 19 hours 22 minutes ago
Business confidence in Germany falls in November to the lowest level since 1993, the key Ifo index shows.
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submitted by Robby for team staff news 1 week 2 days 19 hours 22 minutes ago
Banking group Standard Chartered announces plans to raise £1.78bn ($2.66bn) through a share issue, saying key shareholder, Singapore's Temasek, backed the move.
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submitted by Robby for team staff news 1 week 2 days 20 hours 21 minutes ago
Reuters - Prime Minister Gordon Brown will try to kickstart the stalling British economy on Monday by spending billions of borrowed pounds on tax cuts in a bid to stop a recession turning into a slump.
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submitted by Robby for team staff news 1 week 2 days 20 hours 22 minutes ago
PARIS (AP) -- The leaders of France and Germany are seeking ways to surmount their countries' economic troubles and reconcile their opposing views....
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submitted by Robby for team staff news 1 week 2 days 20 hours 22 minutes ago
SEOUL, South Korea (AP) -- A South Korean court cleared two former officials Monday in a case related to the acquisition of a local bank by Lone Star Funds in what could be a boon to the buyout group's troubled efforts to sell the lender....
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submitted by Robby for team staff news 1 week 2 days 21 hours 22 minutes ago
BEIJING (AP) -- Trying to dispel doubts about the true size and effectiveness of a giant economic stimulus package, Beijing rolled out an eye-popping figure to show its determination to spend its way out of trouble: a $1.4 trillion shopping list of possible investments....
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submitted by Robby for team staff news 1 week 3 days 1 hour 22 minutes ago
I had been trying to get Manny Friedman to talk to me for almost two years. He is the "F" in FBR. That's Friedman, Billings, Ramsey Group, the Rosslyn investment bank that made its three founders very wealthy from their plays in banking in the...(more)
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