Idle factories will likely cripple the auto industry in North America. Ford and Toyota beware.
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In the last year, the oil and gas Goliath shed $15 billion. Lucky shareholders.
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Buy Boeing, Honeywell, Rockwell-Collins and more. It’s time to invest in the recovery.
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Flu pandemic: The outbreak, like the economic crisis, is testing the faith of the many in the few. And, like the credit crunch, it is pushing global crisis plans to the limit
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A software developer has sued the Internet giant over the trademarked term Android.
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Chrysler filed for Chapter 11 bankruptcy protection after President Barack Obama criticised hedge funds for blocking an out-of-court restructuring of the US carmaker’s $6.9bn debt.
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Macquarie slashes compensation, may raise capital after investment firm reports 52% drop in annual profit.
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The powerful rebound in equities does not sit easily with the still woeful news flow of poor economic data, deteriorating company results and the threat of another pandemic
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The deal that is supposed to save jobs has put Chrysler hourly workers out of a job for at least the next month.img src=”http://feeds2.feedburner.com/~r/rss/money_latest/~4/cxS0CvO-ldI” height=”1″ width=”1″/
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With ABC onboard, the video venture boasts even more of the most popular shows. Now the real work begins.
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Citigroup’s strained balance sheet is set to receive a $2.5bn boost from the imminent sale of its Japanese brokerage Nikko Cordial, in a move that could strengthen Citi’s hand in talks with the US government over its capital needs
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Regional bank’s shareholders approve a trebling of its capital from $55bn (€42bn, £37bn) to $165bn, though planned capital increase still needs endorsement from national legislators
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Hasbro, the toymaker, is to invest $300m for 50 per cent stake in a cable television and online venture with broadcaster Discovery Communications
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People at the bank said Deutsche’s intervention on behalf of Clemens Börsig came after he lost a board power struggle over his attempt to have himself appointed chief executive
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As Iraq sells itself to the world more vigorously violence has been surging, and reviving some of the old fears that many had assumed were buried
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Read full story for latest details.img src=”http://feeds2.feedburner.com/~r/rss/money_latest/~4/-NkFd5lyLZY” height=”1″ width=”1″/
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Bank of America’s Ken Lewis may be down, but he’s far from out.img src=”http://feeds2.feedburner.com/~r/rss/money_latest/~4/LUsewKV2ZKc” height=”1″ width=”1″/
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A congressional effort to subsidize new cars sales for consumers who scrap old ones is gaining momentum, as leaders seek to help the struggling auto industry.img src=”http://feeds2.feedburner.com/~r/rss/money_latest/~4/McsOI23StFI” height=”1″ width=”1″/
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Procter Gamble, the world’s largest advertiser, expects car companies and banks to scale back marketing spending
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A day after the World Health Organization upgraded the swine flu to a “pandemic threat” level, the nation’s pharmaceutical industry warned that a vaccine to protect against the virus could still be at least six months away.img src=”http://feeds2.feedburner.com/~r/rss/money_latest/~4/dyhYfJBZJrk” height=”1″ width=”1″/
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Flu pandemic: The outbreak, like the economic crisis, is testing the faith of the many in the few. And, like the credit crunch, it is pushing global crisis plans to the limit
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Read full story for latest details.img src=”http://feeds2.feedburner.com/~r/rss/money_latest/~4/bcdzRTyyQqo” height=”1″ width=”1″/
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US stocks gave up early gains afternoon after President Barack Obama announced car maker Chrysler was to file for bankruptcy protection
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Angry shareholders won’t be satisfied until Bank of America dumps Kenneth Lewis. Easier said than done.
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Read full story for latest details.img src=”http://feeds2.feedburner.com/~r/rss/money_latest/~4/iJDxFdRR6KY” height=”1″ width=”1″/
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