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The credit crunch has hit City financiers where it hurts them most - in their expense accounts.
A crackdown on gourmet lunches, first-class travel and even trips to strip clubs and brothels has been announced by one of the world’s largest investment...
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AP, New York
Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:
made popular 27 min ago
AP, Dearborn
Bleeding cash and with its very survival uncertain, Ford Motor Co., an icon of American automaking, will try to import some of its success from across the Atlantic.
made popular 43 min ago
AP, Chicago
Agriculture futures traded mostly higher Thursday on the Chicago Board of Trade.
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AP, Detroit
Ford Motor Co. posted its worst quarterly loss ever Thursday in a roiling global auto market that also saw profits fall at Daimler AG, Hyundai Motor Co. and AutoNation...
made popular 1 hr. ago
AP, Washington
The Federal Reserve says banks stepped up their borrowing over the past week from its emergency lending program, while Wall Street firms took a pass.
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AP, Trenton
Like other major drugmakers, Bristol-Myers Squibb Co. and Eli Lilly & Co. saw benefits from the weak dollar in the second quarter, as sales grew at a faster rate...
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AP, New York
Energy market investors managed to win back modest gains Thursday following oil’s big drop a day earlier, but again drive natural gas prices sharply lower as a...
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AP, New York
Tribune Co. is inviting at least three potential buyers who each submitted bids for the Chicago Cubs and Wrigley Field near or above $1 billion to participate in a...
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AP, New York
New York Attorney General Andrew Cuomo sued banking giant UBS for fraud Thursday, accusing the company of marketing tens of billions of dollars of auction-rate...
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AP, Sacramento
California air regulators on Thursday approved the nation’s toughest rules to reduce harmful emissions from ocean-going ships headed into the state’s...
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AP, New York
T-R-O-U-B-L-E could loom for a Scrabble knockoff that has become one of the most popular activities on Facebook.
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AP, Washington
Senators on a key tax panel demanded a crackdown on offshore tax havens in the wake of a new report that one building in the Cayman Islands is used as a business...
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AP, New York
Treasury prices rose Thursday after the National Association of Realtors reported that sales of previously owned homes fell in June to the lowest level in a decade and...
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AP, Beijing
Business travel appears to be the latest victim of China’s ever-tightening security crackdown before the Beijing Olympics.
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AP, San Franciso
An influential shareholder advisory firm endorsed the re-election of Yahoo Inc.’s entire board Thursday, reducing the chances that the Internet company’s...
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AP, Denver
Federal regulators accused a Dutch trading firm, its chief executive and two other top employees Thursday of manipulating energy futures contracts on the New York...
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AP, New York
Energy market investors tried but failed to start a rally in crude Thursday, and continued to drive natural gas prices sharply lower as a three-week sell-off of that...
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AP,
PROFIT FALLS: Kimberly-Clark’s second-quarter profit fell 10 percent as it struggled to keep up with rising costs for energy and raw materials.
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AP, New York
Stocks skidded lower Thursday after a steeper-than-expected decline in existing home sales wiped away some of the market’s optimism about upbeat earnings reports....
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AP, New York
Copper prices tumbled to a five-week low Thursday on expectations that falling demand from China and a slowdown in the U.S. housing market will lead to a surplus of the...
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We knew things were bad on Wall Street, but on Main Street it may be worse. Startling official statistics show that as a new economic recession stalks the United...
made popular Apr 1 2008
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