Finance
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RBS hit with $600 million LIBOR fineFeb 06, 2013 12:51 pm - LONDON — Britain’s Royal Bank of Scotland became the third major bank to be caught up in a global probe of interest rate manipulation Wednesday, but what makes the $610 ...
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Year of the snake promises calmer HK marketFeb 06, 2013 5:35 am - HONG KONG — As the Year of the Snake slithers into sight, investors should take comfort that the reptile’s traditionally negative effect on stock markets probably won’t ...
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EU summit to debate austerity budget, tough cutsFeb 06, 2013 5:34 am - STRASBOURG, France — Many European Union leaders will push for a tough austerity budget at their summit this week but the EU parliament insists it is ready to reject a d...
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Madigan commends federal government suing S&PFeb 05, 2013 10:30 am - Illinois Attorney General Lisa Madigan says the federal lawsuit against Standard & Poor's echoes a lawsuit she's already filed. Madigan is in Washington as officials de...
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U.S. sues S&P over pre-crisis mortgage ratingsFeb 05, 2013 7:47 am - WASHINGTON — The U.S. government says Standard & Poor’s knowingly inflated its ratings on risky mortgage investments that helped trigger the 2008 financial crisis. The c...
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JPMorgan confronting BofA-led bond bears on loss: credit marketsFeb 04, 2013 9:49 am - The biggest investment-grade bond loss in 14 months is bolstering Bank of America Corp.’s view that the unprecedented bull market in the notes is over. JPMorgan Chase & ...
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As America ages, senior care options flourishFeb 02, 2013 10:00 pm - WASHINGTON — Millions of families are beginning to grapple with the one major health expense for which most Americans are not insured: long-term care. About 10 million s...
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Hundreds watch as San Diego power plant implodesFeb 02, 2013 5:40 pm - CHULA VISTA, Calif. — In a matter of minutes, a hulking power plant that loomed over San Diego Bay since the late 1950s was demolished Saturday, to make way for a city p...
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Solar development absorbing California farmlandFeb 02, 2013 4:29 pm - FRESNO, Calif. — There’s a land rush of sorts going on across the nation’s most productive farming region, but these buyers don’t want to grow crops. They want to plant ...
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Initial public offerings next weekFeb 01, 2013 3:08 pm - NEW YORK — The following is a list of initial public offerings planned for the coming week. Sources include Renaissance Capital, Greenwich, CT and SEC filings. Week of F...