Consumer prices up sharply, job market softens |
| | | WASHINGTON (Reuters) - U.S. inflation hit a 17-year high last month, underscoring the pressure on Americans who face soaring gasoline and food costs while their job prospects dim and incomes shrink. | | From Reuters | Add a commentary | Report abuse | | [+] All articles |
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U.S. pressures Delphi over pension plans: report |
| | | (Reuters) - The U.S. government has asked bankrupt auto parts maker Delphi Corp to transfer more than $1.5 billion of unfunded pension obligations to former parent General Motors Corp by September 30, the New York Times said. | | From Reuters | Add a commentary | Report abuse | | [+] All articles |
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Bank Holiday Baggage Strike Chaos |
| | | British holidaymakers could face severe disruption to their bank holiday plans after staff at Stansted and Gatwick airports announced a two-day strike over pay. | | From Sky News | Add a commentary | Report abuse | | [+] All articles |
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Sterling continues to lose ground |
| | | The pound falls against the dollar for the 11th consecutive day amid worries over the strength of the UK economy. | | From BBC News | Add a commentary | Report abuse |
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McD's cooks in China |
| | | Aug 15 - The chain known for "Billions Served" is using its Beijing Olympic sponsorship to serve more of China's 1.3 billion. | | From Reuters | Add a commentary | Report abuse |
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Nebraska firm expands beef recall, USDA says |
| | | (Reuters) - The U.S. Agriculture Department (USDA) has said Omaha meat packing company Nebraska Beef Ltd is expanding its recently announced beef recall, after USDA regulators concluded that the company's production practices on June 24 were insufficient to effectively control E. coli. | | From Reuters | Add a commentary | Report abuse |
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Apple Crumbles Google Market Lead |
| | | The sleek, versatile iPhone has proved so irresistible to would-be connected consumers that it has helped crown Apple king of Silicon Valley. | | From Sky News | Add a commentary | Report abuse |
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Huge Rise In Repossession Orders |
| | | The number of British homeowners at risk of having their home repossessed is up 24% on last year, figures released by the Ministry of Justice have revealed. | | From Sky News | Add a commentary | Report abuse |
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Crunch Pays Off For Accountants |
| | | We might be in the middle of a credit crunch but it doesn't seem to have affected the world of accountancy. | | From Sky News | Add a commentary | Report abuse |
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Retailers cautious on spending, investors see hope |
| | | NEW YORK (Reuters) - J.C. Penney Co Inc and Abercrombie & Fitch Co said quarterly profits beat Wall Street expectations, but came up short in their earnings forecasts, joining other U.S. retailers who fear a deeper slowdown in consumer spending toward year's end. | | From Reuters | Add a commentary | Report abuse |
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Croatia's farmers look for EU niche |
| | | Aug. 15 - Croatian farmers hope their speciality foods and wines will win new customers with the country's expected accession to the European Union. | | From Reuters | Add a commentary | Report abuse |
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Analysts sour on auto shares |
| | | Aug. 15 - Automotive stocks fell back at the end of the business week following a broker sector downgrade. | | From Reuters | Add a commentary | Report abuse |
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Oil prices continue to slide |
| | | Aug. 15 - Potential weakness in global demand pushed down prices, with crude oil continuing its downward spiral. | | From Reuters | Add a commentary | Report abuse |
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Ben & Jerry's closing Montpelier scoop shop |
| | | Ben & Jerry's is pulling the plug on its scoop shop in Vermont's capital. The ice cream maker announced Friday it's closing the store in Montpelier next month, after more than 20 years in business. | | From Boston Globe | Add a commentary | Report abuse |
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Awaiting Bernanke |
| | | Aug 15 - The markets are awaiting any signals from Federal Reserve Chief Bernanke when he addresses a Fed conference on Friday. | | From Reuters | Add a commentary | Report abuse |
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