Ford posts $8.7 billion loss on truck slump |
| | | DETROIT (Reuters) - Ford Motor Co posted a $8.7 billion quarterly loss on Thursday as it wrote down the value of truck and SUV operations and cautioned that it did not expect to see a U.S. economic turnaround until 2010. | | From Reuters | Add a commentary | Report abuse | | [+] All articles |
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Coalition fights fee plan for insurers |
| | | A coalition of business and insurance groups is vigorously lobbying lawmakers against Governor Deval Patrick's plan to collect millions of dollars from them to help close a $130 million gap this year in funding of the state's landmark health insurance law. | | From Boston Globe | Add a commentary | Report abuse | | [+] All articles |
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UK retail sales drop 3.9 percent in June |
| | | Retail sales slumped in June by the biggest margin in more than 20 years, indicating that British consumers are cutting back spending amid accelerating inflation and slowing economic growth. | | From Boston Globe | Add a commentary | Report abuse | | [+] All articles |
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Suncor Energy and Fort McKay First Nation partner to promote business development for Aboriginals |
| | | Fort McKay, Alberta (July 23, 2008) – Suncor Energy and Fort McKay First Nation are pleased to announce a joint partnership to establish a business “incubator”, that will promote economic development and entrepreneurship in the community of Fort McKay. | | From EduBourse | Add a commentary | Report abuse | | [+] All articles |
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Microsoft CEO defends need for big Web investments |
| | | REDMOND, Washington (Reuters) - Microsoft Corp Chief Executive Steve Ballmer on Thursday defended the company's need to make steep investments in its Internet business in order to compete with Google Inc and said such moves could boost its value in time. | | From Reuters | Add a commentary | Report abuse | | [+] All articles |
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China clamps down on issuing business visas |
| | | China has clamped down further on issuing business visas, government officials said Thursday, in the latest expansion of already-tight entry restrictions for next month's Olympic Games. | | From Boston Globe | Add a commentary | Report abuse |
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Amazon Profits From Petrol Misery |
| | | Amazon has bucked the trend for doom and gloom among retailers by announcing that quarterly profits have doubled and sales grown by 41%. | | From Sky News | Add a commentary | Report abuse |
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Rescue Plan For US Homeowners |
| | | Hundreds of thousands of Americans battered by the country's mortgage crisis look set to get much-needed cash help. | | From Sky News | Add a commentary | Report abuse |
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Oil prices drop |
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Xerox 2Q profit declines 19 pct, but meets views |
| | | Xerox Corp.'s second-quarter profit skidded 19 percent, but matched Wall Street's forecast, as the office-equipment maker was hurt by restructuring charges while its cash-cow supplies and services business hummed along smoothly. | | From Boston Globe | Add a commentary | Report abuse |
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British Energy close to sale deal |
| | | French energy firm EDF and British Gas owner Centrica are close to buying British Energy, the BBC learns. | | From BBC News | Add a commentary | Report abuse |
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Bush: 'US Economy Has A Hangover' |
| | | George W Bush, who has famously battled alcohol problems in the past, has come up with a novel explanation for the credit crunch: Wall Street got drunk and suffered a hangover. | | From Sky News | Add a commentary | Report abuse |
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Energy Bill Rises 'Before Winter' |
| | | The boss of one of the UK's biggest energy firms has added to the warnings that customers are likely to see big hikes in their bills in the very near future. | | From Sky News | Add a commentary | Report abuse |
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Big dose of gloom for Europe |
| | | Jul 24 - A raft of economic indicators and surveys show business and consumer confidence hitting new depths. | | From Reuters | Add a commentary | Report abuse |
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