Finance
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Morgan Stanley to buy Citi’s Smith Barney stakeSep 11, 2012 10:10 am - NEW YORK — Morgan Stanley and Citigroup settled a dispute Tuesday over the value of the brokerage firm Morgan Stanley Smith Barney, which they jointly own. The deal cle...
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Madrid chosen for EuroVegas gambling resortSep 08, 2012 8:50 pm - MADRID — The decision by Las Vegas Sands to choose Madrid for a big “EuroVegas” casino project was welcomed by city officials Saturday, but potential obstacles include t...
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Greek PM: Painful cuts will restore credibilitySep 08, 2012 8:49 pm - THESSALONIKI, Greece — Greek Prime Minister Antonis Samaras insisted Saturday that the latest package of deep spending cuts, which will once again affect wages and pensi...
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Kmart removes layaway fees to boost holiday shoppingSep 07, 2012 4:17 pm - Kmart, the discount unit of Sears Holdings Corp., said it will remove fees from layaway purchases to help customers strained by tighter shopping budgets. Free layaway at...
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Creditors expect decision on AMR by year-endSep 07, 2012 2:37 pm - DALLAS (AP) — AMR Corp.'s bankruptcy creditors expect the parent company of American Airlines to decide by year-end whether to merge with another airline or remain an in...
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Weak job growth makes bold Fed action more likelySep 07, 2012 1:45 pm - WASHINGTON — U.S. employers added 96,000 jobs in August, a tepid figure that points to the economy’s persistent weakness and slowing prospects for the unemployed. The un...
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How big will Fed go after weak August jobs report?Sep 07, 2012 11:29 am - WASHINGTON — Will the Federal Reserve go big next week? Some economists expect a new bond-buying program to be announced. Others aren’t so sure. Most do think the Fed wi...
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Why unemployment rate fell: Fewer people seek jobsSep 07, 2012 8:08 am - WASHINGTON — U.S. employers added 96,000 jobs in August, a tepid figure that points to the economy’s persistent weakness and slowing prospects for the unemployed. The un...
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All eyes on Draghi’s bond rescue plan for EuropeSep 05, 2012 9:44 am - FRANKFURT, Germany — European Central Bank President Mario Draghi gets another chance Thursday to spell out how the bank intends to rescue the 17 countries that use the ...
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Greek judges, police take to streets over cutsSep 05, 2012 9:44 am - ATHENS, Greece — Judges, public prosecutors and court workers have gathered in a demonstration at Greece’s Supreme Court to protest new pay cuts expected in a new govern...