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PepsiCo plans to cut 3,300 jobs as 3Q profit falls 10 percent

PepsiCo Inc., which has struggled with lagging sales of its soft drinks business in the U.S., announced plans to eliminate 3,300 positions globally, [...] read more »
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Bush: U.S. to buy stock in banks

President Bush this morning announced a $250 billion plan by the government to directly buy shares in the nation's leading banks, saying the drastic[...] read more »
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Should You Sell A Dividend Stock After A Dividend Cut?

I am not a stock trader; I am a dividend and value based long-term buy-and-hold investor. When I add a stock to my dividend portfolio, it is my inten[...] read more »
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The weird and wonderful world of big business

You have to wonder. Who are they kidding? And of course we totally buy into this, don’t we? The ordinary folk, myself included, have no idea what is [...] read more »
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The power of the media

An excellent article in today’s Independent confirms my own sentiment about the power of the media to do great harm. Under discussion is BBC’s busine[...] read more »
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Fix the Credit Problem Not its Symptoms

From the page: The primary problem is that banks are refusing to extend credit to each other. Why? Because they do not understand the liabilities of [...] read more »
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Emerging nations hit by default fears

Investor fears over the risk of many emerging market countries' defaulting on their debt has risen sharply as Iceland's financial collapse has hit [...] read more »
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Fed Opens Cash Spigot to Overseas Credit Markets

The Federal Reserve threw open its coffers to strained overseas credit markets, taking further steps to stem the global financial crisis.
The U.S[...] read more »
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U.S. Investing $250 Billion in Banks

The Treasury Department, in its boldest move yet, is expected to announce a plan on Tuesday to invest up to $250 billion in banks, according to offic[...] read more »
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