As T-Mobile gears up to launch its second Android phone, a sister device could steal its thunder.
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Company reports a third-straight quarterly loss on weak aluminum demand.
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Performance has been exacerbated by its ongoing use of high leverage – money borrowed to increase returns
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Six former executives and brokers of Sky Capital, a New York brokerage, have been charged with a $140m transatlantic “boiler-room” fraud that law enforcers say reeled in UK and US investors
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The US Treasury pushed ahead with scaled back plans for public-private partnerships to buy toxic assets, naming nine fund managers and allocating $30bn of public funds, but without securing any further backing from the Federal Reserve
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AIG has rekindled talks with MetLife, its US rival, over the sale of American Life Insurance Company, one of its jewels in the crown, in a move that could help the stricken insurer raise more than $15bn to repay the $100bn it owes US taxpayers
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Joe LaVorgna, chief economist at Deutsche Bank, expects recessionary GDP growth through 2010.
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Manmohan Singh, India’s prime minister, is scheduled to inspect the submarine on July 26 before it is launched from its dry dock for sea trials, government officials told the Financial Times
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Financial regulators on Wednesday tapped nine financial firms, including some of the biggest names on Wall Street, to help run a government program aimed at cleaning up the books of the nation’s banks.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/8GMN1OSrcfw” height=”1″ width=”1″/
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CIT, one of the largest finance companies in the US, is pressing regulators to end a six-month wait and allow it to issue government-backed bonds in an effort to allay mounting concerns over its financial health
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Fiscally-stressed states are using their stimulus dollars to satisfy immediate needs rather than undertake longer-term reforms, according to a government report released Wednesday.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/KkbgJmz3yXI” height=”1″ width=”1″/
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Aluminum producer Alcoa Inc. reported its third quarterly loss in a row Wednesday, as the global recession has crippled demand for the lightweight metal.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/dOVSb0yl6do” height=”1″ width=”1″/
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Company reports a third-straight quarterly loss on weak aluminum demand.
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Ethnic conflict has exposed the Communist Party’s vulnerabilities.
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The global economy is starting to pull out of recession, the International Monetary Fund said, marking up its growth forecasts for next year
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US stocks slipped as investors waited cautiously for the start of the earnings season, due to open after the bell with results from Alcoa
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Alcoa, the largest US aluminium maker, announced a loss that was narrower than expected as the company’s aggressive cost-cutting helped it weather the collapse of metal prices
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Officials privately acknowledged the assaults, which began over the July 4 holiday in the US, were among the longest and most effective to date
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The national minimum wage goes up this month, but most won’t notice.
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Senior Democrat senators said they would change a provision that imposes carbon taxes on imports following warnings that the clause in the House’s cap-and-trade bill could spark a global trade war
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Six former executives and brokers allegedly involved in transatlantic boiler room scheme
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