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submitted by Robby for team staff news 6 days 23 hours 6 minutes ago
Only one of Wachovia Corp.'s high-level executives will remain among the top brass after the bank is acquired by Wells Fargo & Co., a decision that may reveal a tilt that could factor into future consolidation decisions, analysts say. "The message being sent...
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submitted by Robby for team staff news 2 hours 6 minutes ago
MEXICO CITY (AP) -- Mexico says its yearly growth rate dropped to 1.6 percent in the third quarter, its slowest rate since 2003, as the U.S. economy stalls....
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submitted by Robby for team staff news 3 weeks 5 days 8 hours 5 minutes ago
Reuters - South Korea's central bank on Monday delivered its biggest ever interest rate cut and promised other measures to calm the panic that has been driving down financial markets and rapidly eroding economic growth.
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submitted by Robby for team staff news 4 hours 5 minutes ago
AFP - Sri Lanka's trade deficit narrowed during the nine months to September, as a slowdown in the global economy hurt export sales, official data showed Saturday.
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submitted by Robby for team staff news 1 day 7 hours 4 minutes ago
Paul Volcker, the former chairman of the Federal Reserve, spoke to baseball owners about the nation’s economy without specifically addressing how the league would be affected.
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submitted by Robby for team staff news 1 week 6 days 10 hours 6 minutes ago
SAO PAULO, Brazil (AP) -- Brazil's president on Saturday demanded that major reforms of the international financial system include strong input from large emerging nations and said the collapse of modern banking structures is victimizing the world's poor....
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submitted by Robby for team staff news 3 weeks 4 days 7 hours 6 minutes ago
Affected by the financial crisis, Denmark, a member of the European Union that has so far refused to abandon its currency for the euro, is finding out how difficult it can be to go it alone.
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submitted by Robby for team staff news 2 weeks 3 days 4 hours 6 minutes ago
TOKYO (AP) -- Sanyo Electric Co., a troubled electronics maker that may get bought out by bigger Japanese rival Panasonic, reported Wednesday its second quarter profit dwindled to about a third of what it was a year earlier....
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submitted by Robby for team staff news 2 weeks 6 days 6 hours 6 minutes ago
For the past several months, I've had a hard time picking selections for the Color of Money Book Club. Many of the books stacked against the wall in my office were written before what I call the Great Millennium Meltdown. Although some forecast trouble ahead,...(more)
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submitted by Robby for team staff news 2 weeks 5 days 6 hours 6 minutes ago
A number of financial experts now fear that the federal government's $143 billion attempt to rescue troubled insurance giant American International Group may not work, and some argue that company shareholders and taxpayers would have been better served by a bankruptcy filing. The Treasury Department...(more)
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submitted by Robby for team staff news 7 hours 6 minutes ago
A Delaware bankruptcy judge approved the sale of Boscov’s, a regional department store chain, to two former executives.
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