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Fine-Tuning a Detroit Bailout

Deciding whether or not to bail out car makers is only the first challenge facing the government.
If Washington were to pump $25 billion into For[...] read more »
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Yang's Exit Doesn't Fix Yahoo

As Yahoo Inc.'s board searches for its next chief executive, directors are in many ways looking for the anti-Jerry.
For 17 months, co-founder an[...] read more »
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The Environmental Motor Company

When is $25 billion in taxpayer cash insufficient to bail out Detroit's auto makers? Answer: When the money is a tool of Congressional industrial po[...] read more »
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Slowdown Begins to Show at Stalwart Disney

Even as the weakening economy was hammering rival media conglomerates over the last year, the Walt Disney Company reported surprisingly robust result[...] read more »
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S.Korea joins global rate cuts, more easing seen

South Korea's central bank cut interest rates on Friday for the third time in a month, joining a global wave of monetary easing aimed at shoring up [...] read more »
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In Washington, Automakers Plead for Aid

Executives of Detroit’s Big Three automakers traveled to Washington on Thursday to press their case for more financial aid from the federal governmen[...] read more »
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Asian Stocks Fall for Second Day on Oil Drop, Toyota Forecast

Asian stocks fell for a second day as the slowing global economy drove down commodity prices and Toyota Motor Corp. and Olympus Corp. slashed profit [...] read more »
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Obama's top economic contenders

They will face the challenge of tackling the economic crisis and managing the $700bn rescue package aimed at revitalising the hard-hit US banking sys[...] read more »
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Yahoo suggests Microsoft should make new offer

Now that the ad deal with Google Inc. is off, Yahoo Inc. CEO Jerry Yang says his company is open to a new offer from Microsoft Corp.
"To this day[...] read more »
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U.S. Productivity Growth Slowed in Third Quarter (Update2)

U.S. worker efficiency rose in the third quarter at a slower pace than in the previous three months as the economy slumped, a sign employment may tak[...] read more »
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Macy's, Target Monthly Sales Fall, Wal-Mart Gains (Update1)

Macy's Inc., Target Corp. and Gap Inc. posted October sales declines after the Wall Street meltdown and accelerating job losses discouraged consumer[...] read more »
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Trichet Says Can't Rule Out More Cuts as Growth Slows (Update1)

European Central Bank President Jean- Claude Trichet said he can't rule out a further reduction in interest rates after today's half-point cut beca[...] read more »
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401(k) Hidden Fees That You Should be Aware of

The specter of 401(k) hidden fees is serious enough to warrant careful understanding by the average American. Both companies and employees need to un[...] read more »
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U.S Income Tax Rates Explained

Two great downloads, a detailed PDF of the federal tax system and it has been prepared by the Joint Committee on Taxation. And a very handy income ta[...] read more »
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U.S. Eyeing Troubles Of Insurers

Several big insurance companies this week reported big losses on investments in the last quarter, raising fresh questions about the financial stabili[...] read more »
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