Finance Info Blog

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Rudd warns China on Rio detention

Kevin Rudd, Australia’s prime minister, toughened his stance on China’s detention of an Australian Rio Tinto employee, warning Beijing that the case was watched by the rest of the world
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Coalition to attack plan for Fed powers

Barack Obama’s plan to give the Federal Reserve extensive powers over all large US financial groups will be attacked by a coalition of investors, analysts and ex-regulators who will today attack, saying
say the Fed’s credibility has been ‘tarnished’ by its role in contributing to the crisis
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China’s foreign exchange reserves have surged through the $2,000bn mark, as money pours into the country to take advantage of faster economic growth and a possible future revaluation of Beijing’s currency
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Get more for less in these bargain boomtowns.
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Magazines Struggle On The iPhone

A star-studded attempt at launching an iPhone-only magazine stalls. Are people willing to pay to read on their iPhones?
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America’s 100 Cheapest Places To Live

Cost of living, affordable housing, relatively low unemployment and quality of life make these standout spots.
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Asia Stocks Gain As Rio Row Deepens

BHP and Vale reportedly could be caught up in Chinese investigation.
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Palm Pre Developers Unite

Software developers interested in the new smart phone are organizing meetings across the country. Apps will follow.
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Solvay whittles bidders down to two

Belgian chemicals and drugs company narrows list of groups targeting its pharmaceuticals business to Nycomed, the privately held Swiss company, and Abbott Labs of the US
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Intel signals revival in chip demand

Intel, the world’s biggest chipmaker, reported its strongest pick up in business in more than 20 years, giving a major lift to the PC industry and technology sector
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Americans Say No To New Loans

Americans are turning down credit union loan offers.
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How ATT gets stimulus funds

Big businesses are battling to take home chunks of the government’s billion-dollar stimulus pie and ATT is among the leaders on the telecom front.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/3v75gPrYJkY” height=”1″ width=”1″/
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Government launches prosecutions against ‘vanishing companies’ that listed on the country’s stock exchanges and then disappeared after failing to meet regulatory requirements
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Gannett’s Reckoning

The newspaper and advertising company looks towards another dismal quarter.
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Grainger’s Industrial Proxy

If industrial production is picking up, Grainger’s earnings should show some signs of it. Credit Suisse says buy.
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Tax the rich to pay for … everything?

There may be reasons to tax the rich more, as a lot of people in Washington are talking about doing.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/3wN1HRfsCh4″ height=”1″ width=”1″/
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House introduces healthcare bill

The US House of Representatives will vote on a healthcare bill that incorporates a significant tax increase for the wealthy, senior Democrats said, asPresident Barack Obama, president, tries to steer his most cherished reform into law
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Intel, the world’s biggest chipmaker, reported its strongest pick up in business in more than 20 years, giving a major lift to the PC industry and technology sector
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Read full story for latest details.img src=”http://feeds.feedburner.com/~r/rss/money_markets/~4/ZyjwavrCRjs” height=”1″ width=”1″/
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What’s Wrong With Toyota?

The Japanese giant is talking about a shakeup. But this might be the time for it to attack, not to retreat.
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Cintas Squeezes Into Its Uniform

The company’s earnings track unemployment but maybe downsizing helped.
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CIT: Too Big to Fail?

The government may try to rescue CIT. Is it worth it?
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Former General Motors CEO Rick Wagoner will receive $8.5 million over the next five years — a reduction of about $12 million in his retirement package, according to a filing with the Securities and Exchange Commission Tuesday evening.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/HWIq8W8S6c8″ height=”1″ width=”1″/
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Intel Corp. said Tuesday that its second-quarter sales fell compared to the same quarter a year ago, but that business is picking up fast.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/ncAxp7hCaVo” height=”1″ width=”1″/
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Claim of secret CIA war denied

Aides from the administrations of both Barack Obama and George W. Bush defended themselves against claims that the Central Intelligence Agency broke the law by hiding a programme to assassinate al-Qaeda leaders
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