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Visa raises $17.9B in largest US IPO
Mar 18 2008 7:39PM (CT)
SAN FRANCISCO (AP) - Visa Inc. raised $17.9 billion late Tuesday to complete the largest initial public offering in U.S. history and help prop up the wobbly financial services industry.
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Mitsubishi tests electric car
Mar 18 2008 6:35PM (CT)
NEW YORK (AP) - Mitsubishi Motors Corp. is testing U.S. reaction to an all-electric car at this week's New York International Auto Show.
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Mitsubishi tests electric car
Mar 18 2008 6:35PM (CT)
NEW YORK (AP) - Mitsubishi Motors Corp. is testing U.S. reaction to an all-electric car at this week's New York International Auto Show.
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Mitsubishi tests electric car
Mar 18 2008 6:35PM (CT)
NEW YORK (AP) - Mitsubishi Motors Corp. is testing U.S. reaction to an all-electric car at this week's New York International Auto Show.
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Mitsubishi tests electric car
Mar 18 2008 6:35PM (CT)
NEW YORK (AP) - Mitsubishi Motors Corp. is testing U.S. reaction to an all-electric car at this week's New York International Auto Show.
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Mitsubishi tests electric car
Mar 18 2008 6:35PM (CT)
NEW YORK (AP) - Mitsubishi Motors Corp. is testing U.S. reaction to an all-electric car at this week's New York International Auto Show.
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Mitsubishi tests electric car
Mar 18 2008 6:35PM (CT)
NEW YORK (AP) - Mitsubishi Motors Corp. is testing U.S. reaction to an all-electric car at this week's New York International Auto Show.
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Mitsubishi tests electric car
Mar 18 2008 6:35PM (CT)
NEW YORK (AP) - Mitsubishi Motors Corp. is testing U.S. reaction to an all-electric car at this week's New York International Auto Show.
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Mitsubishi tests electric car
Mar 18 2008 6:35PM (CT)
NEW YORK (AP) - Mitsubishi Motors Corp. is testing U.S. reaction to an all-electric car at this week's New York International Auto Show.
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Dow Jones in news deal with France's AFP
Mar 18 2008 5:51PM (CT)
NEW YORK (AP) - Dow Jones & Co. said Tuesday it has struck a deal with Agence France-Presse to distribute news from the Paris-based agency through its Dow Jones Newswires unit, replacing a partnership with The Associated Press.
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Dow Jones in news deal with France's AFP
Mar 18 2008 5:51PM (CT)
NEW YORK (AP) - Dow Jones & Co. said Tuesday it has struck a deal with Agence France-Presse to distribute news from the Paris-based agency through its Dow Jones Newswires unit, replacing a partnership with The Associated Press.
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Treasurys decline after Fed cuts rates
Mar 18 2008 4:52PM (CT)
NEW YORK (AP) - Treasury prices sold off Tuesday after the Federal Reserve announced a smaller-than-expected interest rate cut and signaled it is growing more worried about rising inflation.
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Dollar wobbles after Fed cuts
Mar 18 2008 4:50PM (CT)
NEW YORK (AP) - The dollar wobbled but was able to steady itself Tuesday after the U.S. Federal Reserve cut its benchmark interest rate to the lowest point since late 2004.
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Dollar wobbles after Fed cuts
Mar 18 2008 4:50PM (CT)
NEW YORK (AP) - The dollar wobbled but was able to steady itself Tuesday after the U.S. Federal Reserve cut its benchmark interest rate to the lowest point since late 2004.
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Bush: More help possible for economy
Mar 18 2008 4:46PM (CT)
JACKSONVILLE, Fla. (AP) - President Bush, eager to reassure a rattled country, said Tuesday that his administration is ready to intervene again to stabilize the economy.
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Bush: More help possible for economy
Mar 18 2008 4:46PM (CT)
JACKSONVILLE, Fla. (AP) - President Bush, eager to reassure a rattled country, said Tuesday that his administration is ready to intervene again to stabilize the economy.
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Oil rebounds on rate cut, stock rally
Mar 18 2008 4:44PM (CT)
NEW YORK (AP) - Oil prices bounded higher Tuesday after the Federal Reserve cut interest rates three-quarters of a percentage point and a rally on Wall Street raised energy investors' hopes for the economy.
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Investment banks soar on strong earnings
Mar 18 2008 4:43PM (CT)
NEW YORK (AP) - Investment bank stocks soared Tuesday after Goldman Sachs and Lehman Brothers reported better-than-expected profits that soothed the frayed nerves of investors who were bracing for a domino effect after the near-failure of Bear Stearns.
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Investment banks soar on strong earnings
Mar 18 2008 4:43PM (CT)
NEW YORK (AP) - Investment bank stocks soared Tuesday after Goldman Sachs and Lehman Brothers reported better-than-expected profits that soothed the frayed nerves of investors who were bracing for a domino effect after the near-failure of Bear Stearns.
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Investment banks soar on strong earnings
Mar 18 2008 4:43PM (CT)
NEW YORK (AP) - Investment bank stocks soared Tuesday after Goldman Sachs and Lehman Brothers reported better-than-expected profits that soothed the frayed nerves of investors who were bracing for a domino effect after the near-failure of Bear Stearns.
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Fed cuts interest; stocks soar
Mar 18 2008 4:41PM (CT)
WASHINGTON (AP) - The Federal Reserve slashed a key interest rate by three-quarters of a point Tuesday, capping its most aggressive two months of action in a quarter-century in a battle to halt a spreading credit crisis. Wall Street loved it, bursting to its biggest gain in five years.
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Fed cuts interest; stocks soar
Mar 18 2008 4:41PM (CT)
WASHINGTON (AP) - The Federal Reserve slashed a key interest rate by three-quarters of a point Tuesday, capping its most aggressive two months of action in a quarter-century in a battle to halt a spreading credit crisis. Wall Street loved it, bursting to its biggest gain in five years.
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Spectrum auction raises $19.6 billion
Mar 18 2008 4:35PM (CT)
WASHINGTON (AP) - Bidding closed Tuesday on a record-setting government airwaves auction with the total amount pledged reaching nearly $19.6 billion. But enthusiasm in the result was tempered by doubts concerning the future of a proposed emergency communications network.
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Spectrum auction raises $19.6 billion
Mar 18 2008 4:35PM (CT)
WASHINGTON (AP) - Bidding closed Tuesday on a record-setting government airwaves auction with the total amount pledged reaching nearly $19.6 billion. But enthusiasm in the result was tempered by doubts concerning the future of a proposed emergency communications network.
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CVS Caremark settling Medicaid case
Mar 18 2008 4:34PM (CT)
CHICAGO (AP) - CVS Caremark Corp. agreed to pay almost $37 million to nearly two dozen states and the federal government to settle claims that the nation's largest pharmacy chain billed Medicaid programs for a more expensive formulation of an antacid, authorities said Tuesday.
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Higher fuel prompts Delta to cut jobs
Mar 18 2008 3:51PM (CT)
ATLANTA (AP) - Delta Air Lines, faced with a weak economy, dimmer hopes of a combination with Northwest Airlines and record fuel prices that are eating up profits, said Tuesday it will offer voluntary severance payouts to roughly 30,000 employees _ more than half its work force _ and cut U.S. capacity by an extra 5 percent.
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Higher fuel prompts Delta to cut jobs
Mar 18 2008 3:51PM (CT)
ATLANTA (AP) - Delta Air Lines, faced with a weak economy, dimmer hopes of a combination with Northwest Airlines and record fuel prices that are eating up profits, said Tuesday it will offer voluntary severance payouts to roughly 30,000 employees _ more than half its work force _ and cut U.S. capacity by an extra 5 percent.
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Gold falls after Fed rate cut
Mar 18 2008 3:44PM (CT)
NEW YORK (AP) - Gold futures plunged Tuesday, retreating from $1,000 territory despite an aggressive U.S. interest rate cut that boosted other commodities.
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Gold falls after Fed rate cut
Mar 18 2008 3:44PM (CT)
NEW YORK (AP) - Gold futures plunged Tuesday, retreating from $1,000 territory despite an aggressive U.S. interest rate cut that boosted other commodities.
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Companies court convenience-food blogs
Mar 18 2008 1:23PM (CT)
NEW YORK (AP) - The "weird, weird meat" inside the steaming bread pocket looked like Band Aid strips, and the cheese was "low rent," "ghetto" and finally compared to government-issue fare.
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Companies court convenience-food blogs
Mar 18 2008 1:23PM (CT)
NEW YORK (AP) - The "weird, weird meat" inside the steaming bread pocket looked like Band Aid strips, and the cheese was "low rent," "ghetto" and finally compared to government-issue fare.
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Companies court convenience-food blogs
Mar 18 2008 1:23PM (CT)
NEW YORK (AP) - The "weird, weird meat" inside the steaming bread pocket looked like Band Aid strips, and the cheese was "low rent," "ghetto" and finally compared to government-issue fare.
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Companies court convenience-food blogs
Mar 18 2008 1:23PM (CT)
NEW YORK (AP) - The "weird, weird meat" inside the steaming bread pocket looked like Band Aid strips, and the cheese was "low rent," "ghetto" and finally compared to government-issue fare.
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Companies court convenience-food blogs
Mar 18 2008 1:23PM (CT)
NEW YORK (AP) - The "weird, weird meat" inside the steaming bread pocket looked like Band Aid strips, and the cheese was "low rent," "ghetto" and finally compared to government-issue fare.
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Companies court convenience-food blogs
Mar 18 2008 1:23PM (CT)
NEW YORK (AP) - The "weird, weird meat" inside the steaming bread pocket looked like Band Aid strips, and the cheese was "low rent," "ghetto" and finally compared to government-issue fare.
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Companies court convenience-food blogs
Mar 18 2008 1:23PM (CT)
NEW YORK (AP) - The "weird, weird meat" inside the steaming bread pocket looked like Band Aid strips, and the cheese was "low rent," "ghetto" and finally compared to government-issue fare.
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Companies court convenience-food blogs
Mar 18 2008 1:23PM (CT)
NEW YORK (AP) - The "weird, weird meat" inside the steaming bread pocket looked like Band Aid strips, and the cheese was "low rent," "ghetto" and finally compared to government-issue fare.
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Goldman Sachs beats 1Q expectations
Mar 18 2008 11:27AM (CT)
NEW YORK (AP) - Goldman Sachs Group Inc., the world's largest investment bank, on Tuesday reported stronger asset management and commodities performance pushed first-quarter results well above Wall Street projections.
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Opposition opposes latest BOJ nominee
Mar 18 2008 10:57AM (CT)
TOKYO (AP) - Japan's largest opposition party decided Tuesday to reject the government's second nomination of a former finance ministry executive to head the central bank.
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Opposition opposes latest BOJ nominee
Mar 18 2008 10:57AM (CT)
TOKYO (AP) - Japan's largest opposition party decided Tuesday to reject the government's second nomination of a former finance ministry executive to head the central bank.
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Reebok fined $1M for faulty bracelets
Mar 18 2008 9:53AM (CT)
WASHINGTON (AP) - Athletic shoe and apparel maker Reebok has agreed to pay a $1 million fine for importing and distributing charm bracelets that contained toxic levels of lead and resulted in the death of a 4-year-old boy.
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Northern Rock to trim third of staff
Mar 18 2008 9:20AM (CT)
LONDON (AP) - Northern Rock PLC will slash one-third of its staff and cut its home loans book by half as it phases out financial support from the government over the next three to four years, the British lender said Tuesday.
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Lehman profit falls 57 percent
Mar 18 2008 8:18AM (CT)
NEW YORK (AP) - Investment bank Lehman Brothers Holdings Inc. said Tuesday its fiscal first-quarter earnings fell 57 percent due to a steep decline in its capital markets business, but its shares soared as it easily beat Wall Street forecasts.
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Lehman profit falls 57 percent
Mar 18 2008 8:18AM (CT)
NEW YORK (AP) - Investment bank Lehman Brothers Holdings Inc. said Tuesday its fiscal first-quarter earnings fell 57 percent due to a steep decline in its capital markets business, but its shares soared as it easily beat Wall Street forecasts.
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Premier: China faces inflation pressure
Mar 18 2008 6:10AM (CT)
BEIJING (AP) - China's premier warned Tuesday already high inflation may accelerate as the country prepares to host the Beijing Olympics. But he promised an anxious public that price increases can be held to the official 4.8 percent target this year.
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Premier: China faces inflation pressure
Mar 18 2008 6:10AM (CT)
BEIJING (AP) - China's premier warned Tuesday already high inflation may accelerate as the country prepares to host the Beijing Olympics. But he promised an anxious public that price increases can be held to the official 4.8 percent target this year.
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Wal-Mart 'green store' cuts energy
Mar 18 2008 6:09AM (CT)
BENTONVILLE, Ark. (AP) - Wal-Mart Stores Inc. will open its latest generation of energy-efficient test stores this week with a Las Vegas Supercenter that uses new cooling technology to cut overall energy use by up to 45 percent.
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Wal-Mart 'green store' cuts energy
Mar 18 2008 6:09AM (CT)
BENTONVILLE, Ark. (AP) - Wal-Mart Stores Inc. will open its latest generation of energy-efficient test stores this week with a Las Vegas Supercenter that uses new cooling technology to cut overall energy use by up to 45 percent.
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Court frees jailed SocGen trader
Mar 18 2008 6:05AM (CT)
PARIS (AP) - A French court Tuesday ordered the release of a Societe Generale trader accused of causing billions in losses through rogue trades.
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Court frees jailed SocGen trader
Mar 18 2008 6:05AM (CT)
PARIS (AP) - A French court Tuesday ordered the release of a Societe Generale trader accused of causing billions in losses through rogue trades.
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Delta pilots say no deal with Northwest
Mar 18 2008 1:43AM (CT)
ATLANTA (AP) - Delta Air Lines prepared to announce an overhaul of its operations Tuesday as a possible combination took a precarious turn after its pilots union declared that talks with its Northwest Airlines counterpart ended without a seniority deal.
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Delta pilots say no deal with Northwest
Mar 18 2008 1:43AM (CT)
ATLANTA (AP) - Delta Air Lines prepared to announce an overhaul of its operations Tuesday as a possible combination took a precarious turn after its pilots union declared that talks with its Northwest Airlines counterpart ended without a seniority deal.
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