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Crude futures near record-high levels
Apr 3 2005 10:09PM (CT)
SINGAPORE (AP) - Crude prices pushed near record-high levels on Monday even though the president of the Organization of Petroleum Exporting Countries said the group would initiate a second output rise to calm an overheated crude market.
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Wall Street still jittery over inflation
Apr 3 2005 8:55PM (CT)
NEW YORK (AP) - Those looking for the market to make a substantial move higher will likely have a very frustrating week ahead. Chronic fears of inflation _ spurred by record oil prices and reports of higher prices for consumer goods and services _ have sent the major indexes to their lowest points of 2005.
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Tokyo stocks down; dollar up vs. yen, euro
Apr 3 2005 8:54PM (CT)
TOKYO (AP) - Tokyo stocks edged lower Monday morning as investors took profits from recent gains after Wall Street's losses Friday. The U.S. dollar was up against the Japanese yen and the euro.
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Dollar up against yen in Asia trading
Apr 3 2005 7:33PM (CT)
TOKYO (AP) - The dollar was up against the yen in Asian trading early Monday, extending its rally from Friday despite disappointing U.S. economic data.
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Liberty investors put trust in Malone
Apr 3 2005 3:14PM (CT)
NEW YORK (AP) - Liberty Media's John Malone is famous for his financial wizardry. But calculating when the cable pioneer, who has a doctorate in mathematical modeling, will make his media investment company's disparate collection of assets add up to their true worth has been a tough task for investors.
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World Bank leader says poverty a top issue
Apr 3 2005 2:55PM (CT)
KYLE, S.D. (AP) - Private ownership around the world is key to easing poverty, outgoing World Bank President James Wolfensohn said as he toured the Pine Ridge Reservation, one of the poorest areas in the country.
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U.S. government snaps up secure offices
Apr 3 2005 2:16PM (CT)
HAGERSTOWN, Md. (AP) - Pssst! Business is booming for buildings that can keep secrets. Thanks to the war on terrorism, offices designed to safeguard data, process classified information and keep conversations private are being leased by federal defense and intelligence contractors in the national capital region as fast as developers can build them, authorities say.
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Sempra criticized for far-away meeting
Apr 3 2005 12:55PM (CT)
SAN DIEGO (AP) - Sempra Energy is hosting one of the year's most closely watched shareholder meetings, but don't expect many investors to attend. That's because the company is gathering nearly 6,000 miles from its San Diego headquarters _ in London.
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DaimlerChrysler appoints new exec
Apr 3 2005 11:53AM (CT)
BERLIN (AP) - DaimlerChrysler AG has appointed Rainer Schmueckle to the newly created position of chief operating officer at its Mercedes unit, the German-American automaker said Sunday.
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Post-prison Stewart not shy about sharing
Apr 3 2005 5:36AM (CT)
KATONAH, N.Y. (AP) - Her middle name is Helen. She likes to spend a lot of time with eggs. And she has no use at all for that clunky black gizmo on her ankle. In the month since Martha Stewart was released from prison, after serving five months for her role in a stock-sale scandal, she has not been shy about sharing.
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Jobs report a closely watched indicator
Apr 3 2005 3:52AM (CT)
NEW YORK (AP) - The government's monthly jobs report is one of the most closely watched indicators on Wall Street, but just what does it tell professional investors, and should it matter to the rest of us?
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