| Wal-Mart: Sales up, profits down
February 17, 2009 at 8:55 am
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|  Wal-Mart Stores reported Tuesday that sales increased in the fourth quarter while earnings fell. |
| Liberty to loan $530M to Sirius
February 17, 2009 at 8:49 am
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|  Read full story for latest details. |
| Smithfield to restructure, cut 1,800 jobs
February 17, 2009 at 8:19 am
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|  Read full story for latest details. |
| Oil falls on weak global economy
February 17, 2009 at 8:08 am
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|  Read full story for latest details. |
| California faces budget crisis
February 17, 2009 at 7:51 am
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|  California lawmakers were told to bring their toothbrushes and prepare for a long day Tuesday, with the goal of passing a budget as the state faces a $42 billion deficit and 20,000 layoff notices were set to go out to state workers Tuesday. |
| Economy fears weigh on Wall Street
February 17, 2009 at 7:51 am
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|  Stocks were poised to open significantly lower on Tuesday as investors weighed the impact of the new stimulus plan - expected to be signed into law later in the day - against results from retailing giant Wal-Mart. |
| New lessons from the crash
February 17, 2009 at 6:45 am
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| Every major market crash is considered a teachable moment. And the lesson for investors invariably centers on the risk of overreacting to the news, in this case by attempting to flee equities when they're down. Countless studies have shown that this type of market timing will cost you dearly. |
| Technology's bargain bin
February 17, 2009 at 6:30 am
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| If you thought Nortel looked cheap in mid-December at 27 cents a share, you were right. At that price, Canada's largest networking equipment and services company, with estimated 2008 sales of $10.5 billion, had a market value of $131 million. |
| How Facebook is taking over our lives
February 17, 2009 at 6:20 am
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|  Facebook held no appeal for Peter Lichtenstein. The New Paltz, N.Y., resident had checked out so-called social networking sites before, and he wasn't impressed. ("MySpace," he recalls, "was ridiculous.") |
| Why you can't get a loan
February 17, 2009 at 6:08 am
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|  Bankers say they are lending but try telling that to consumers having difficulty getting approved for mortgages, credit cards or auto loans. |
| Getting your hands on some green...stimulus
February 17, 2009 at 6:03 am
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|  Anyone wanting to green up their home - and get the government to kick in for part of the bill - now may be time to do it thanks to stimulus. |
| Final score: $8,000 for homebuyers
February 16, 2009 at 5:38 pm
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|  There's a nice windfall for some homebuyers in the economic stimulus bill awaiting President Obama's signature on Tuesday. First-time buyers can claim a credit worth $8,000 - or 10% of the home's value, whichever is less - on their 2008 or 2009 taxes. |
| Stimulus: What's in it for businesses
February 16, 2009 at 5:05 pm
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|  The $787 billion economic recovery package President Obama will sign on Tuesday contains more than $290 billion in tax provisions, according to estimates from the Joint Committee on Taxation. |
| GM, Chrysler gain traction in UAW talks
February 16, 2009 at 4:33 pm
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|  Read full story for latest details. |
| 4 questions for GM and Chrysler
February 16, 2009 at 3:55 pm
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|  General Motors and Chrysler LLC will present their latest plans to the federal government Tuesday about how they will survive for the long-term. |
| The stock market isn't as bad as you think
February 16, 2009 at 12:14 pm
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|  Happy Presidents' Day! Even if you have to work (like I do), the best part of this holiday is that the stock market is closed. And after last week, we all need a break. |
| Cheap gas is history, again
February 16, 2009 at 12:11 pm
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|  The days of cheap gas are retreating into the rearview mirror, as prices continue to flirt with the $2-per-gallon mark. |
| Landing a part-time job
February 16, 2009 at 11:34 am
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|  There are over 11 and a half million people looking for jobs. And almost 8 million people have settled for a part-time job, simply because they couldn't find a full-time position. |
| Cheap gas is history, again
February 16, 2009 at 11:17 am
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|  The days of cheap gas are retreating into the rearview mirror, as prices continue to flirt with the $2-per-gallon mark. |
| MBA schools face up to crisis
February 16, 2009 at 11:15 am
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|  Read full story for latest details. |
| The ever-shifting auto landscape
February 16, 2009 at 10:22 am
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|  Tuesday is D-day for the domestic auto industry. That's when General Motors and Chrysler must tell the government how they are going to successfully compete in the future as a condition of receiving federal aid. |
| Fed's Duke: vigorously enforce bank rules
February 16, 2009 at 10:11 am
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|  Read full story for latest details. |
| U.K. outlook gloomy, industry group says
February 16, 2009 at 9:31 am
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|  Shackled by a global recession, the United Kingdom's economy will only get worse in 2009, the Confederation of British Industry said Monday. |
| Dollar gains on recession worries
February 16, 2009 at 9:06 am
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|  Read full story for latest details. |
| The iPhone music maker
February 16, 2009 at 9:02 am
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|  A year ago, Ge Wang didn't own an iPhone and had no plans to start a company. Today Wang, an associate music professor at Stanford, is co-founder of Smule, a startup that sells musical applications for the iPhone. |
| 'Incredible' India suffers drop in tourism
February 16, 2009 at 8:48 am
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|  Read full story for latest details. |
| Oil slips despite supply crunch talk
February 16, 2009 at 8:28 am
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|  Read full story for latest details. |
| Global stocks slide
February 16, 2009 at 8:21 am
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|  Read full story for latest details. |
| It's time to fix the 401(k)
February 16, 2009 at 8:01 am
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|  Alicia Munnell is a Harvard-trained economist. She served as an assistant secretary of the Treasury and is regarded as one of America's foremost experts on 401(k)s. You'd think she'd be terrific at managing her own retirement, but even she has to fess up to some mistakes. "When my son got married, I took some money out of my plan to help," says Munnell, who heads Boston College's Center for Retirement Research (CRR). "And I ended up paying a 10% penalty and taxes." | |
Read full story for latest details.
A lack of clear communication between the government and Wall Street last week left investors scratching their heads and dumping their stocks. The week ahead brings a chance for a rapprochement.
The success of my company seemed to come so easily that I assumed it was part of our natural growth path. But I learned the hard way that motivated employees deserved most of the credit.
Read full story for latest details.
Japan's Nikkei stock average fell 0.4% Monday after data showed the nation's economy suffered its biggest fall in over three decades, with exporters such as Sony Corp. down as the yen edged up.
Japan is grappling with its worst economic crisis since the end of World War II, the nation's economic and fiscal policy minister said Monday.
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