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- Aug. 1 (Bloomberg) -- Stocks in Europe and Asia declined as Bayerische Motoren Werke AG abandoned its profit forecast and concern deepened that bad loans will erode banks' earnings. U.S. index futures were little changed. BMW, the world's largest ...
- CEDAR RAPIDS, Iowa -- Democratic presidential hopeful Barack Obama touted his energy policies in Cedar Rapids Thursday, arguing that drilling offshore won't produce any oil for at least 10 years. He also accused rival John McCain of doing the bidding ...
- Democratic presidential candidate U.S. Sen. Barack Obama, D-Ill., second from left, listens to Iowa flood victims today at the National Czech & Slovak Museum & Library in Cedar Rapids, Iowa. From left are, Robin Morris, Obama, Katherine Marcano, Iowa ...
- Home | Politically Connected | State Politics | The I-35W bridge collapse Our bridges: To do nothing will cost more While Congress responded quickly to help rebuild the 35W bridge, it has yet to find the answers -- or the $140 billion needed to make ...
- T he hardest sell in America is the notion that gasoline is too cheap. But it's true. Cheap gasoline fuels global warming, suburban sprawl, chronic traffic congestion, the devaluation of the dollar and an ever lopsided trade deficit. It discourages ...
- NEW YORK, July 24 (Reuters) - New York State sued UBS on Thursday, accusing the Swiss bank of committing a "multi-billion dollar fraud" by steering broker clients into auction-rate securities that became impossible to sell once the credit market ...
- LONDON, Ont. - Ontario's battle to wrest more funds out of the federal government yielded a victory Thursday with a multi-billion dollar commitment from Ottawa for infrastructure. Federal Transport Minister Lawrence Cannon says more than $3 billion ...
- WASHINGTON, July 23 (Xinhua) -- President George W. Bush will not veto the housing rescue bill that offer up to 300 billion dollars in assistance to troubled mortgage giants and homeowners, the White House said on Wednesday. "We believe this is not ...
- WASHINGTON (MarketWatch) -- Capping off a wide-ranging legislative response to the housing crisis, House lawmakers approved a multibillion-dollar package to assist homeowners and prop up government-sponsored mortgage buyers Fannie Mae and Freddie Mac ...
- Congress is moving quickly to pass a housing package that aims to help 400,000 strapped homeowners avoid foreclosures and prevent Fannie Mae and Freddie Mac from collapsing. Momentum for passage picked up mightily after President Bush earlier ...
- TORONTO - A group of investors has become the first to launch a "multibillion-dollar" class-action lawsuit against the Canadian Imperial Bank of Commerce (TSX: CM ), alleging misrepresentations about the bank's exposure to the American subprime ...
- July 22 (Bloomberg) -- The dollar traded near a record low against the euro before reports from Wachovia Corp. and Washington Mutual Inc. that may show they had combined second- quarter losses of $3.8 billion, raising concern the U.S. economic ...
- WASHINGTON (CBS News) ? Congress' top budget analyst says a federal rescue of troubled mortgage giants Fannie Mae and Freddie Mac could cost taxpayers as much as $25 billion. But Peter R. Orszag, director of the Congressional Budget Office ...
- July 21 (Bloomberg) -- The dollar declined against the euro on speculation reports on U.S. home sales and durable-goods orders will encourage the Federal Reserve to delay raising interest rates. The currency also weakened versus the yen for the first ...
- BLOOMSBURG, Pa. -- Every president has a political philosophy that guides him and, sometimes, the nation. President George W. Bush believes he has divine inspiration to do what he wants to do, when he wants to do it, and to make his subjects adhere ...
- Petersen77.. If there's anything worse than the taxpayers building a billion-dollar facility for a private enterprise which is used 8 days … read more a year, it is... Building a billion-dollar facility in ANOKA COUNTY! With gas headed towards $5 ...
- Alumina Ltd, the minority partner of the Alcoa World Alumina & Chemicals (AWAC) group, is evaluating funding options for a $US1.12 billion ($A1.15 billion) cost blowout at two projects in Brazil. The expansion cost of the Alumar refinery, 54 per cent ...
- The chief executive of financially troubled Australian property group Octaviar has threatened to place the crumbling empire in liquidation if creditors - including New Zealand finance company Pacific Finance - owed more than A$1 billion ($1.28 ...
- The easiest way to describe Spire , a new community site that made its debut Monday, is as a more grown-up, cultured Yelp : the latter offers expert advice on the best dive bars in Brooklyn, whereas the former focuses on four-star restaurants and ...
- NEW YORK— Wall Street shot higher Thursday, extending its rally into a second session as tumbling energy prices bolstered an already upbeat mood that followed stronger-than-expected quarterly reports from big names like JPMorgan Chase and United ...
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