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U.S. Rescue Plan Under Staff Strain

President-elect Barack Obama made his most important Treasury Department personnel choice, but Timothy Geithner has big personnel challenges of his o[...] read more »
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It's End of Road for GM and Tiger

Tiger Woods is giving back the keys to the Buick. General Motors -- which had proudly sponsored the great golfer since 2000, stitching the Buick name[...] read more »
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Wall Street flies after government rescues Citi

Stocks soared on Monday, capping the best two-day run since the aftermath of the 1987 stock market crash, as the government's decision to rescue Cit[...] read more »
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Without bailout, carmakers' road ahead is full of potholes

The Big Three have few prospects for asset sales and may keep shrinking payrolls and operations. read more »
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Blockbuster and 2Wire Introduce New Digital Media Player

MediaPoint(TM) digital media player provides instant entertainment from BLOCKBUSTER (R) ONDEMAND straight to television Thousands of titles offered i[...] read more »
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Holiday Sales: Just How Bad?

Action Economics says this could be the gloomiest holiday season in decades for the retail industry read more »
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Geithner, Rescue-Team Veteran, Has Head Start in Seizing Reins

For the last year, Timothy F. Geithner has been at the very heart of dealing with the financial crisis, the junior partner with Treasury Secretary He[...] read more »
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Citigroup Bailout Charts New Course for U.S. Government Rescues

The U.S. government’s emergency rescue of Citigroup Inc. offers a new model for bank bailouts: explicitly insuring against losses on toxic assets, wi[...] read more »
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Verizon staff had unauthorized access to Obama's cell

Verizon Wireless said on Thursday that some employees had gained unauthorized access and viewed a personal cell phone account held by President-elect[...] read more »
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Stocks rebound strongly in afternoon trading

HONG KONG (MarketWatch) -- Most Asian markets rebounded strongly in afternoon trading Friday, with financials such as Mizuho Financial Group and HSBC[...] read more »
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UAW may give up jobs bank to revive auto loans

The UAW is negotiating the possible elimination of its controversial jobs bank and is considering other concessions to help Detroit's automakers win[...] read more »
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Citigroup's Worries Mount

Investors are quickly losing faith in Citigroup (C). Shares of the company, once the largest and mightiest U.S. bank by assets and market value, have[...] read more »
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Fed to Cut Rates to Zero on Deflation Risk, JPMorgan Predicts

The U.S. Federal Reserve will probably cut interest rates to zero percent over the next two months to staunch deflation, according to JPMorgan Chase [...] read more »
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EHarmony Settles Dispute Over Gay Matches

A settlement Wednesday between eHarmony Inc. and the New Jersey attorney general requires the online heterosexual dating service to also cater to hom[...] read more »
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Nike, Starbucks, others form clean-energy coalition BICEP

With an environmentally-friendly Obama administration coming to power, a new green business coalition — led by Nike, (NKE) Starbucks,(SBUX) Levi Str[...] read more »
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