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Countrywide cuts 500 mortgage jobs
Aug 20 2007 8:18PM (CT)
LOS ANGELES (AP) - Countrywide Financial Corp., the nation's largest mortgage lender, said Monday it has eliminated about 500 jobs as it tries to ride out problems from a credit crunch that has rocked the home loan industry.
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Countrywide cuts 500 mortgage jobs
Aug 20 2007 8:18PM (CT)
LOS ANGELES (AP) - Countrywide Financial Corp., the nation's largest mortgage lender, said Monday it has eliminated about 500 jobs as it tries to ride out problems from a credit crunch that has rocked the home loan industry.
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China TV airs shows defending products
Aug 20 2007 5:32PM (CT)
BEIJING (AP) - China has launched a new campaign to restore international trust in its products with a weeklong television series defending the country's safety standards.
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China TV airs shows defending products
Aug 20 2007 5:32PM (CT)
BEIJING (AP) - China has launched a new campaign to restore international trust in its products with a weeklong television series defending the country's safety standards.
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China TV airs shows defending products
Aug 20 2007 5:32PM (CT)
BEIJING (AP) - China has launched a new campaign to restore international trust in its products with a weeklong television series defending the country's safety standards.
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China TV airs shows defending products
Aug 20 2007 5:32PM (CT)
BEIJING (AP) - China has launched a new campaign to restore international trust in its products with a weeklong television series defending the country's safety standards.
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China TV airs shows defending products
Aug 20 2007 5:32PM (CT)
BEIJING (AP) - China has launched a new campaign to restore international trust in its products with a weeklong television series defending the country's safety standards.
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Oil prices fall as storm worries ease
Aug 20 2007 5:30PM (CT)
NEW YORK (AP) - Oil and natural gas prices fell Monday as Hurricane Dean headed toward Mexico's Yucatan Peninsula and away from the U.S. energy facilities along the Gulf Coast.
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Service problems mire Wells Fargo
Aug 20 2007 5:29PM (CT)
SAN FRANCISCO (AP) - Service problems disabled ATMs and online accounts at Wells Fargo & Co. for at least 24 hours starting Sunday afternoon, leaving some customers of the nation's fifth largest bank unable to get cash or use debit cards to pay for goods.
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Index suggests U.S. economic expansion
Aug 20 2007 5:23PM (CT)
NEW YORK (AP) - A closely watched gauge of future economic activity edged up in July, reversing the previous month's decline. The recent erratic pattern reflects uncertainty in a U.S. economy roiled by a credit crunch.
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US auto companies target mid-sized cars
Aug 20 2007 5:20PM (CT)
DETROIT (AP) - Just a few miles from Toyota's U.S. sales and marketing headquarters, George Tasker hasn't had much luck selling mid-sized Chevrolets against Toyota's Camry, the most popular car in America. But Tasker, the top salesman at Martin Chevrolet in Torrance, Calif., is looking forward to November when the new Malibu arrives in his showroom.
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US auto companies target mid-sized cars
Aug 20 2007 5:20PM (CT)
DETROIT (AP) - Just a few miles from Toyota's U.S. sales and marketing headquarters, George Tasker hasn't had much luck selling mid-sized Chevrolets against Toyota's Camry, the most popular car in America. But Tasker, the top salesman at Martin Chevrolet in Torrance, Calif., is looking forward to November when the new Malibu arrives in his showroom.
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US auto companies target mid-sized cars
Aug 20 2007 5:20PM (CT)
DETROIT (AP) - Just a few miles from Toyota's U.S. sales and marketing headquarters, George Tasker hasn't had much luck selling mid-sized Chevrolets against Toyota's Camry, the most popular car in America. But Tasker, the top salesman at Martin Chevrolet in Torrance, Calif., is looking forward to November when the new Malibu arrives in his showroom.
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Nasdaq abandons 2-year pursuit of LSE
Aug 20 2007 5:15PM (CT)
NEW YORK (AP) - Nasdaq Stock Market Inc. said Monday it has finally abandoned hopes to acquire the London Stock Exchange and will sell its 31 percent in the U.K. market to focus on a takeover battle for Sweden's OMX AB.
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Lowe's 2Q profit rises 9 percent
Aug 20 2007 5:11PM (CT)
CHARLOTTE, N.C. (AP) - Lowe's Cos., the nation's second largest home improvement chain, cited customer service and efficient operations Monday as reasons for a better-than-expected 9 percent rise in its second-quarter profit. Still, decreasing sales at stores open at least a year, worsening trends in the housing market and uncertainty over credit quality led the Mooresville, N.C.-based retailer to trim its earnings outlook for the full year.
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Lowe's 2Q profit rises 9 percent
Aug 20 2007 5:11PM (CT)
CHARLOTTE, N.C. (AP) - Lowe's Cos., the nation's second largest home improvement chain, cited customer service and efficient operations Monday as reasons for a better-than-expected 9 percent rise in its second-quarter profit. Still, decreasing sales at stores open at least a year, worsening trends in the housing market and uncertainty over credit quality led the Mooresville, N.C.-based retailer to trim its earnings outlook for the full year.
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Lowe's 2Q profit rises 9 percent
Aug 20 2007 5:11PM (CT)
CHARLOTTE, N.C. (AP) - Lowe's Cos., the nation's second largest home improvement chain, cited customer service and efficient operations Monday as reasons for a better-than-expected 9 percent rise in its second-quarter profit. Still, decreasing sales at stores open at least a year, worsening trends in the housing market and uncertainty over credit quality led the Mooresville, N.C.-based retailer to trim its earnings outlook for the full year.
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Base metals eke out gains, tin leads
Aug 20 2007 3:41PM (CT)
NEW YORK (AP) - Industrial metals regained strength Monday, adding to a recovery that started Friday after a turbulent week in the financial and commodities markets.
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Base metals eke out gains, tin leads
Aug 20 2007 3:41PM (CT)
NEW YORK (AP) - Industrial metals regained strength Monday, adding to a recovery that started Friday after a turbulent week in the financial and commodities markets.
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'Queen of mean' hotelier Helmsley dies
Aug 20 2007 3:17PM (CT)
NEW YORK (AP) - Leona Helmsley, who ran a $5 billion hotel and real estate empire with her husband but sealed her reputation as the "queen of mean" during her 1989 trial for tax evasion, died Monday. She was 87.
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'Queen of mean' hotelier Helmsley dies
Aug 20 2007 3:17PM (CT)
NEW YORK (AP) - Leona Helmsley, who ran a $5 billion hotel and real estate empire with her husband but sealed her reputation as the "queen of mean" during her 1989 trial for tax evasion, died Monday. She was 87.
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'Queen of mean' hotelier Helmsley dies
Aug 20 2007 3:17PM (CT)
NEW YORK (AP) - Leona Helmsley, who ran a $5 billion hotel and real estate empire with her husband but sealed her reputation as the "queen of mean" during her 1989 trial for tax evasion, died Monday. She was 87.
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'Queen of mean' hotelier Helmsley dies
Aug 20 2007 3:17PM (CT)
NEW YORK (AP) - Leona Helmsley, who ran a $5 billion hotel and real estate empire with her husband but sealed her reputation as the "queen of mean" during her 1989 trial for tax evasion, died Monday. She was 87.
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'Queen of mean' hotelier Helmsley dies
Aug 20 2007 3:17PM (CT)
NEW YORK (AP) - Leona Helmsley, who ran a $5 billion hotel and real estate empire with her husband but sealed her reputation as the "queen of mean" during her 1989 trial for tax evasion, died Monday. She was 87.
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'Queen of mean' hotelier Helmsley dies
Aug 20 2007 3:17PM (CT)
NEW YORK (AP) - Leona Helmsley, who ran a $5 billion hotel and real estate empire with her husband but sealed her reputation as the "queen of mean" during her 1989 trial for tax evasion, died Monday. She was 87.
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'Queen of mean' hotelier Helmsley dies
Aug 20 2007 3:17PM (CT)
NEW YORK (AP) - Leona Helmsley, who ran a $5 billion hotel and real estate empire with her husband but sealed her reputation as the "queen of mean" during her 1989 trial for tax evasion, died Monday. She was 87.
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'Queen of mean' hotelier Helmsley dies
Aug 20 2007 3:17PM (CT)
NEW YORK (AP) - Leona Helmsley, who ran a $5 billion hotel and real estate empire with her husband but sealed her reputation as the "queen of mean" during her 1989 trial for tax evasion, died Monday. She was 87.
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Crunchy home town eyes Wild Oats sale
Aug 20 2007 1:30PM (CT)
BOULDER, Colo. (AP) - The Flatiron Mountains jutting overhead, Barry Milner sips a beet-and-carrot juice in the shade outside a Wild Oats Marketplace, hoping to ward off a slight summer cold.
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Crunchy home town eyes Wild Oats sale
Aug 20 2007 1:30PM (CT)
BOULDER, Colo. (AP) - The Flatiron Mountains jutting overhead, Barry Milner sips a beet-and-carrot juice in the shade outside a Wild Oats Marketplace, hoping to ward off a slight summer cold.
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Crunchy home town eyes Wild Oats sale
Aug 20 2007 1:30PM (CT)
BOULDER, Colo. (AP) - The Flatiron Mountains jutting overhead, Barry Milner sips a beet-and-carrot juice in the shade outside a Wild Oats Marketplace, hoping to ward off a slight summer cold.
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Crunchy home town eyes Wild Oats sale
Aug 20 2007 1:30PM (CT)
BOULDER, Colo. (AP) - The Flatiron Mountains jutting overhead, Barry Milner sips a beet-and-carrot juice in the shade outside a Wild Oats Marketplace, hoping to ward off a slight summer cold.
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Texas firm readies to revive DeLoreans
Aug 20 2007 11:49AM (CT)
HUMBLE, Texas (AP) - In a nondescript warehouse in east Texas, mechanic and entrepreneur Stephen Wynne is bringing a rare sports car back to life. If he succeeds, he almost certainly has Michael J. Fox to thank.
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Texas firm readies to revive DeLoreans
Aug 20 2007 11:49AM (CT)
HUMBLE, Texas (AP) - In a nondescript warehouse in east Texas, mechanic and entrepreneur Stephen Wynne is bringing a rare sports car back to life. If he succeeds, he almost certainly has Michael J. Fox to thank.
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Texas firm readies to revive DeLoreans
Aug 20 2007 11:49AM (CT)
HUMBLE, Texas (AP) - In a nondescript warehouse in east Texas, mechanic and entrepreneur Stephen Wynne is bringing a rare sports car back to life. If he succeeds, he almost certainly has Michael J. Fox to thank.
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Texas firm readies to revive DeLoreans
Aug 20 2007 11:49AM (CT)
HUMBLE, Texas (AP) - In a nondescript warehouse in east Texas, mechanic and entrepreneur Stephen Wynne is bringing a rare sports car back to life. If he succeeds, he almost certainly has Michael J. Fox to thank.
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Texas firm readies to revive DeLoreans
Aug 20 2007 11:49AM (CT)
HUMBLE, Texas (AP) - In a nondescript warehouse in east Texas, mechanic and entrepreneur Stephen Wynne is bringing a rare sports car back to life. If he succeeds, he almost certainly has Michael J. Fox to thank.
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Texas firm readies to revive DeLoreans
Aug 20 2007 11:49AM (CT)
HUMBLE, Texas (AP) - In a nondescript warehouse in east Texas, mechanic and entrepreneur Stephen Wynne is bringing a rare sports car back to life. If he succeeds, he almost certainly has Michael J. Fox to thank.
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Texas firm readies to revive DeLoreans
Aug 20 2007 11:49AM (CT)
HUMBLE, Texas (AP) - In a nondescript warehouse in east Texas, mechanic and entrepreneur Stephen Wynne is bringing a rare sports car back to life. If he succeeds, he almost certainly has Michael J. Fox to thank.
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Texas firm readies to revive DeLoreans
Aug 20 2007 11:49AM (CT)
HUMBLE, Texas (AP) - In a nondescript warehouse in east Texas, mechanic and entrepreneur Stephen Wynne is bringing a rare sports car back to life. If he succeeds, he almost certainly has Michael J. Fox to thank.
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Treasurys up again on credit fears
Aug 20 2007 11:34AM (CT)
NEW YORK (AP) - Treasury bonds were clearly still following a scent of fear in the credit markets Monday, as a wave of buying in short-term government paper sent yields plummeting again in early trade.
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Skype outage caused by download update
Aug 20 2007 9:13AM (CT)
FRANKFURT, Germany (AP) - A two-day outage that left millions of Skype users unable to use the popular Internet telephone program was caused by an abnormally high number of user restarts after a routine software update, the company said Monday.
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Skype outage caused by download update
Aug 20 2007 9:13AM (CT)
FRANKFURT, Germany (AP) - A two-day outage that left millions of Skype users unable to use the popular Internet telephone program was caused by an abnormally high number of user restarts after a routine software update, the company said Monday.
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Nasdaq to sell LSE stake
Aug 20 2007 9:11AM (CT)
LONDON (AP) - The Nasdaq Stock Market, facing a challenge to its bid for a Nordic exchange, said Monday it will offload its 31 percent stake in the London Stock Exchange.
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Global markets rise on Fed momentum
Aug 20 2007 8:45AM (CT)
LONDON (AP) - Global markets rebounded Monday, taking their cue from Wall Street's recovery late last week after the Federal Reserve cut a key interest rate.
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Global markets rise on Fed momentum
Aug 20 2007 8:45AM (CT)
LONDON (AP) - Global markets rebounded Monday, taking their cue from Wall Street's recovery late last week after the Federal Reserve cut a key interest rate.
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Global markets rise on Fed momentum
Aug 20 2007 8:45AM (CT)
LONDON (AP) - Global markets rebounded Monday, taking their cue from Wall Street's recovery late last week after the Federal Reserve cut a key interest rate.
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Global markets rise on Fed momentum
Aug 20 2007 8:45AM (CT)
LONDON (AP) - Global markets rebounded Monday, taking their cue from Wall Street's recovery late last week after the Federal Reserve cut a key interest rate.
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Stock futures are narrowly mixed
Aug 20 2007 7:34AM (CT)
NEW YORK (AP) - Stock futures were narrowly mixed Monday as investors tried to assess whether the Federal Reserve will keep lowering interest rates.
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Hot weather strains corn, soybean crops
Aug 20 2007 4:28AM (CT)
CHAMPAIGN, Ill. (AP) - So little rain has fallen on Dale Richter's southwest Illinois corn and soybean fields this summer that he has no trouble remembering when the storms passed through.
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