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BusinessWeek
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A dismal report on the services sector sparked big losses in major indexes Tuesday. Investors may be in for more pain in the days ahead
Fears of an imminent U.S. recession were palpable on Wall Street on Tuesday, as investors reacted with dismay to a r..
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FOX News
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Northwest Airlines Corp. exited bankruptcy Thursday, marking the end of a 20-month Chapter 11 reorganization and the first time in almost five years that no major U.S. airline is bankrupt.
Northwest spent a year-and-a-half hacking $2.4 billion off its..
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Market Watch
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U.S. home prices continued to fall in February, with prices down 1.5% in 10 major cities compared with a year ago, according to the S&P/Case-Shiller home price index released Tuesday.
Home prices depreciated year-over-year for the second straight month..
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CBS News
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Wal-Mart is buying a 35 percent stake in a company that operates Trust-Mart, a major Chinese discount chain, as international competitors jostle for position in China's rapidly growing retail market.
Wal-Mart may eventually take managerial control of T..
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Washington Post
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Several major record labels sued the operator of the Russian music Web site AllofMP3.com on Wednesday, claiming the company has been profiting by selling copies of music without their permission...
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BusinessWeek
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Major indexes pared earlier gains as investors awaited the start of earnings season. After the bell, Alcoa posted a lower-than-expected profit
Stocks closed narrowly mixed as profit taking bit into earlier gains. Major indexes had moved solidly higher..
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BusinessWeek
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The new initiative, in which six major lenders agree to delay foreclosure in some cases, represents business as usual for the banks, and little relief for homeowners
As the foreclosure mess worsens, there's mounting public pressure for stronger action..
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BusinessWeek
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If a major bank slips into deep trouble, Uncle Sam may have to help save it
It's the question bank regulators dread: Should they bail out a crucial bank if it collapses?
With economic and market conditions sliding precipitously, risk is rising fast..
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BusinessWeek
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The vice-chairman is about to join buyout firm GenNx—with his former employer as a major investor
Lloyd G. Trotter jokes that if he were to write a book, he would call it Living My Life Between Quarters. No more. After 37 years of pushing to make his..
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BusinessWeek
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Some shareholders may object, but heads of most major financial services firms will have very secure futures even if they're forced out
It's anybody's guess which chief executive of a major financial services firm will be the next to fall victim to the..
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MSNBC
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The latest data on the U.S. housing market — tracking prices and sales before a major financial storm hit the U.S. mortgage market — show continuing declines in both sales and prices.
And while prices have begun to fall along with sales, in many ma..
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CNN
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Ford Motor heads into a round of contract talks with its major union as the automaker seeks sweeping changes worth billions of dollars that would transform it into a strong contender, according to people familiar with the upcoming negotiations.
After l..
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BusinessWeek
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The software giant paid $6 billion in cash and a massive premium to grab a major player in online advertising
Microsoft took a deep plunge into the online advertising business Friday, paying $6 billion in cash and a massive 85 percent premium to snap u..
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Yahoo News
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European stocks fell Thursday, giving up earlier gains earlier in the day, amid persistent unease about the global economy and as U.S. stocks fell in early trading. Major Asian markets retreated for a third day.
The U.K.'s benchmark FTSE 100 declined 1..
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