Business |
12:00AM, November 18
NEW YORK – The selling on Wall Street continued today as investors digested more signs of economic weakness, including a huge round of layoffs in the financial sector.
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Pump prices tumbled again around the nation in the last week, with the
U.S. average cost falling to its lowest level in nearly four years, the Energy Department said Monday.
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Business |
12:00AM, November 18
Mexican billionaire Ricardo Salinas Pliego has gained a 28% stake in Circuit City Stores Inc., which is under Bankruptcy Court protection.
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Business |
12:00AM, November 18
Lowe’s Cos., the second-largest
U.S. home-improvement retailer, and Target Corp.
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Business |
12:00AM, November 18
Leading Democrats in Congress unveiled plans Monday to help financially troubled
U.S. automakers with $25 billion in emergency loans as lawmakers prepared for a showdown over expanding the government’s role in shoring up the economy.
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Mark Cuban, Internet entrepreneur and owner of the Dallas Mavericks, was charged with insider trading today related to the stock of an online search engine, the Securities and Exchange Commission said.
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Business |
12:00AM, November 18
TOKYO – Japan’s economy slid into a recession for the first time since 2001, the government said today, as companies sharply cut back on spending in the third quarter amid the unfolding global financial crisis.
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Business |
By David Cho |
12:00AM, November 18
Treasury Secretary Henry
M. Paulson had a stern message for more than two dozen of the nation’s most powerful hedge fund managers gathered in the third-floor conference room near his office.
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Unable to rescue the Internet giant he co-founded from its worst decline since the dot-com bust, Yahoo Inc.
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Business |
12:00AM, November 18
Angelica Maciel used to drive through the oak-shaded streets of Santa Ana wondering if she’d ever be able to buy one of the charming little bungalows she so admired.
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Cecil Bello has stumbled into a new corner of the credit squeeze.
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Business |
12:00AM, November 18
TRENTON,
N.J. – Can a tongue-in-cheek ad for a popular pain reliever backfire and turn into a huge headache for one of the most respected health product marketers?
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Coming soon to a couch near you: dinner that you’ve ordered by picking up the remote.
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The federal government said Monday that it had invested $33.5 billion in 21 more banks as part of its $700-billion rescue plan for financial firms.
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Business |
12:00AM, November 18
Recent key events at Yahoo
June 18, 2007: Yahoo Inc., which has been losing ground to rival Google, replaces Chief Executive Terry Semel with company co-founder Jerry Yang.
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Business |
By Meg James |
12:00AM, November 18
A television news director who was fired by Univision Communications Inc.
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