General Motors is set to close more car plants, lay off more workers and speed up consolidation of its dealer network as part of its response to the US government’s demand for faster and deeper restructuring
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Aussie miner agrees to deal with Minmnetals that would leave it with valuable assets and erase much of its debt.
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With Swiss bankers ordered to stay home, anything could happen next.
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Survey shows business confidence fell to record low in March, with carmakers the most pessimistic.
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Japanese business confidence falls to record low; measure of Chinese manufacturing activity takes turn for worse.
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The admissions process is a road to college–and self-discovery.
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Hoping to turn around plummeting sales in a faltering economy, Ford and General Motors announced new incentives Tuesday similar to a program introduced by Hyundai early in 2009.
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Kathleen Sebelius, named as US health secretary, became the president’s latest nominee to reveal income tax issues, saying she paid nearly $8,000 to settle errors over three years
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Billionaire investor bids $200M for ailing Atlantic City casino.
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Get ready to blow the cobwebs out of your wallet.
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Two Goldman Sachs partners who helped lead the so-called quantitative investment movement on Wall Street have left the firm following large losses at their marquee fund, known as Global Alpha, during the global credit crisis
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The luxury carmaker landed a €6.8bn windfall from its share options in Volkswagen during the first half, but its net debt tripled to €9bn
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Taro Aso has dismissed Angela Merkel’s warnings about the risks of excessive public spending in the global downturn, saying Germany has failed to understand why strong fiscal action is vital for recovery
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In Detroit, the unthinkable — an automaker bankruptcy — has become very thinkable.
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The new chairman of the US Securities and Exchange Commission is looking at addressing the agency’s limited resources by enlisting more private sector help to uncover fraud
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Aircraft maker to deliver 100 planes in the country over the next few years.
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Stocks surged Tuesday, recharging the rally that gave the Dow Jones industrial average its first month of gains after six straight declines. But all three major gauges declined in the first quarter.
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Owner of Chicago Sun-Times paper files for Chapter 11 bankruptcy protection.
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The Obama administration took a significant step in its attempts to reach out to Iran as Richard Holbrooke, the US special representative on Afghanistan and Pakistan, met Tehran’s deputy foreign minister on the sidelines of a big international conference
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You might be able to understand why stocks are appealing right now if you’re a fan of Millennium Falcon’s pilot.
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Businesses in the heart of the Square Mile, London’s financial district, went into a pre-summit lockdown as thousands of anti-G20 protesters are expected to converge on the City, where they will march on the Bank of England
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General Electric is to prepare a fresh sales and marketing blitz designed to capitalise on its belief that solving the world’s healthcare needs will be a “mega-trend” in the global economy for decades to come
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After a substantial snapback rally, fertilizer stocks and other commodities are under a bit of pressure.
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