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By The Associated Press
(Wednesday, Sept. 5, 2007)
The Federal Reserve and other banking regulators issued special guidance Tuesday urging loan service companies to work with borrowers in danger of defaulting on their home mortgages. » Read story.
By The Associated Press
(Monday, March 5, 2007)
Investors looking for reassurance after last week’s jolt to global markets didn’t find it in China on Monday. » Read story.
By BLOOMBERG NEWS
(Thursday, March 1, 2007)
Germany’s IG Metall labor union, the biggest manufacturing workers’ lobby in Europe, said it refused to accept cost-cutting measures at Airbus SAS that may lead to 10,000 job losses, though ruled out calling strike action. » Read story.
By The Associated Press
(Thursday, March 1, 2007)
U.S. stocks appeared headed for a sharply lower opening Thursday as skittish investors seemed unimpressed by improved personal income and consumption data and took their cues from falling markets overseas. » Read story.
By The Associated Press
(Thursday, March 1, 2007)
Chinese stocks fell back again Thursday, unable to maintain the previous day’s rebound amid profit-taking and weak performances in other Asian markets. » Read story.
By The Associated Press
(Thursday, March 1, 2007)
As difficult as it might be to explain to investors who lost a total of $632 billion in Tuesday’s market carnage, a correction isn’t necessarily a bad thing. It may have reacquainted investors with the concept of risk. » Read story.
by martin crutsinger
(Friday, Feb. 16, 2007)
Wholesale prices fell in January by the largest amount in three months amid retreating energy prices while new home construction plunged to the lowest level in nearly 10 years. » Read story.
By The Associated Press
(Thursday, Feb. 15, 2007)
Hershey to cut jobs, scale back production, outsource some manufacturing in restructuring plan » Read story.
by martin crutsinger
(Thursday, Feb. 15, 2007)
The number of newly laid off workers filing claims for unemployment benefits jumped last week by the largest amount in 17 months, reflecting in part an increase in layoffs due to frigid winter weather. » Read story.
by alan katz
(Thursday, Feb. 15, 2007)
Michelin & Cie., Europe’s biggest tiremaker, said profit will increase this year as raw-material prices stop rising and the company cuts spending on production. The stock surged as much as 7.1 percent to a record. » Read story.
By The Associated Press
(Tuesday, Feb. 13, 2007)
The U.S. trade deficit set a record for the fifth straight year in 2006, reflecting the jump in America’s foreign oil bill and a record imbalance with China. » Read story.
By The Associated Press
(Tuesday, Feb. 13, 2007)
Mall developer The Mills Corp. said Tuesday that it now plans to accept a $1.6 billion takeover bid by Simon Property Group Inc. and the hedge fund Farallon Capital Management LLC, spurning a lower offer from Canadian company Brookfield Asset Management that Mills agreed to last month. » Read story.
Wednesday announcement of overhaul dubbed Valentine’s Day massacre
By The Associated Press
(Tuesday, Feb. 13, 2007)
Chrysler workers have taken to calling it the “Valentine’s Day massacre.” They are referring to Wednesday’s restructuring announcement from Chrysler, one that some analysts say could cost 10,000 production workers their jobs. » Read story.
by mark shenk
(Monday, Feb. 12, 2007)
Crude oil fell after Saudi Arabia told Asian refiners to expect more shipments next month and the nation’s oil minister said OPEC has no need to further rein in production. » Read story.
by michael patterson
(Monday, Feb. 12, 2007)
The Standard & Poor’s 500 Index fell for a third day, pulled lower by energy shares including Exxon Mobil Corp. as oil prices declined. » Read story.
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