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AOL announces will lay off a third of its staff as part of its restructuring. Barron.com's Eric Savitz comments on the news and the company's effor[...]
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At a Washington event dedicated to small business, Treasury Secretary Timothy Geithner urged banks to step up to the plate and lend more money in ord[...]
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Goldman Sachs apologized for its role in the financial crisis, and pledged $500 million to help small businesses. The "10, 000 Small Businesses Init[...]
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GM will be begin paying back the TARP money in December, the company announced this morning. It’s a statement in need of a little context.
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Inflation will be in focus in the week ahead with key reports due on producer and consumer prices.
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Fewer people are losing their homes according to the results of a new survey released by RealtyTrak. Over 332,000 households, or roughly one in 385, [...]
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Department store chain Kohl's (KSS) announced on Thursday that profits rose 21 percent, mainly due to sales of exclusive brands and tight inventory [...]
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Wal-Mart added to a growing list of major retailers warning of a weaker-than-expected fourth quarter, which includes the key holiday shopping season.[...]
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The administration’s $75 billion mortgage modification program is meant to help 3 million to 4 million homeowners avoid foreclosures. The latest data[...]
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A $210 billion surplus in TARP funding could be used to reduced the U.S.'s towering national deficit. WSJ's Deborah Solomon says the move follows c[...]
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The International Energy Agency's 2009 outlook forecasts oil prices to soar to 100 dollars a barrel by 2020, while delay in tackling global warming [...]
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The Dow closed at a new high for the year and the broader market advanced for the sixth consecutive session after G20 leaders offered support for glo[...]
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The Federal Reserve released quarterly survey results today that showed banks are expecting to tighten credit terms. In reaction to a new law to prot[...]
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Google (GOOG) said today it is acquiring cell phone ad firm AdMob for $750 million in stock. AdMob is currently owned by Sequoia Capital.
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Fairfield Lighting and Design has been in business since 1972, but it is struggling to cope with tough economic times. It has 12 employees, whose ave[...]
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