| Big push for smaller stimulus
February 5, 2009 at 9:14 pm
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|  Tens of billions smaller and more precisely targeted. |
| Kellogg dumps Phelps
February 5, 2009 at 7:43 pm
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|  Read full story for latest details. |
| News Corp's $6.4B loss - job cuts loom
February 5, 2009 at 5:07 pm
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|  Read full story for latest details. |
| IBM to laid-off: Want a job in India?
February 5, 2009 at 3:57 pm
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|  IBM employees being laid off in North America now have an alternative to joining the growing ranks of the unemployed - work for the company abroad. |
| Recharging a high-tech battery industry
February 5, 2009 at 3:42 pm
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|  There's a saying as the nation pushes for cleaner electric cars: The United States will end up trading dependence on Saudi oil for dependence on Asian batteries. |
| Oil prices step above $41
February 5, 2009 at 3:09 pm
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|  Oil settled nearly a dollar higher Thursday after investors digested several economic reports and weighed the possibility of another OPEC production cut announcement in March. |
| The jobs problem you don't know about
February 5, 2009 at 2:30 pm
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|  January was one of the worst months for layoffs ever, with nearly a quarter million job cut announcements grabbing headlines. |
| Greenberg gears up for battle with AIG
February 5, 2009 at 2:07 pm
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| Did former American International Group chairman Maurice R. Greenberg betray a longstanding commitment by seizing control of billions of dollars worth of AIG shares pledged to employees? |
| Bonds edge higher on job woes
February 5, 2009 at 2:04 pm
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|  Government debt prices rose Thursday ahead of the monthly government employment report and after some dour economic reports were released. |
| IPO 2009: Testing the waters
February 5, 2009 at 2:02 pm
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|  After a barren U.S. market last year, four companies will test investor appetite for initial public offerings next week. |
| Banks lead stock bounce
February 5, 2009 at 2:01 pm
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|  Stocks rallied Thursday afternoon as better-than-expected sales from Wal-Mart Stores and a rally in bank shares helped investors look beyond the day's weak economic news. |
| Bank of America or THE Bank of America?
February 5, 2009 at 1:48 pm
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|  Is Bank of America literally destined to become THE Bank of America? |
| Dollar slips vs. euro and pound
February 5, 2009 at 1:04 pm
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|  The dollar slipped against both the euro and pound Thursday after the European Central Bank held interest rates steady and the Bank of England cut its key rate by half a percentage point. |
| Mortgage rates hit six week high
February 5, 2009 at 1:03 pm
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|  Mortgage rates rose over the past week, pushing the cost of borrowing to its highest level since Christmas. And volatility is expected to continue as the debate over the economic stimulus plan continues. |
| Fortunoff files for bankruptcy
February 5, 2009 at 1:02 pm
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|  Read full story for latest details. |
| Obama's pay caps: The good and bad
February 5, 2009 at 12:28 pm
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|  When it comes to executive compensation, Pearl Meyer has seen it all. She started her career more than 30 years ago, at Kraft, founding her own eponymous firm in 1989 and later selling it. Now senior managing director at Steven Hall & Partners, Meyer has the kind of perspective on President Obama's pay restrictions that can only come from a veteran of the business. In an interview with Fortune's Jennifer Reingold, she talked about what's good and bad in it. |
| Yes, you can dodge Google
February 5, 2009 at 12:25 pm
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| Most companies judge their success based on how high they can rank on a Google search. An entire industry of search engine optimizers has sprung up to help businesses rise to the top. But not every person or company wants their information to be found by search engines. Here are three sites that make a business out of helping its clients fly below Google's radar. |
| Stock buybacks: Buy high, sell low
February 5, 2009 at 12:08 pm
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|  Companies repurchased huge chunks of their own stock when prices were peaking. Buybacks for S&P 500 companies hit a high of $150 billion in the fourth quarter of 2007, according to Thomson Reuters. |
| Bailout watchdog: Treasury paid too much
February 5, 2009 at 12:03 pm
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|  The Treasury Department overpaid for the assets it purchased as part of the $700 billion financial sector bailout, according to testimony of a bailout oversight official before Congress on Thursday. |
| Senate softens 'Buy American' provisions
February 5, 2009 at 11:41 am
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|  The Senate on Wednesday night agreed to soften a 'Buy American' provision in its economic stimulus package, clarifying that the clause will not override the United States' existing trade treaties. |
| My museum, myself
February 5, 2009 at 11:24 am
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|  On the edge of Paris, on a site that once housed a decrepit municipal bowling alley, an opulent new museum is taking shape. Designed by Frank Gehry at a cost of more than $200 million, it is expected to be finished in two years, and will feature a giant auditorium and a permanent collection of modern and contemporary art, including works by Mark Rothko, Francis Bacon, Takashi Murakami, and Damien Hirst. |
| Treasury's Geithner will meet with top regulators
February 5, 2009 at 11:16 am
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|  Read full story for latest details. |
| New factory orders fall 3.9%
February 5, 2009 at 10:42 am
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|  Read full story for latest details. |
| State Street cuts dividend, lowers forecast
February 5, 2009 at 9:46 am
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|  Read full story for latest details. |
| The Iron Man
February 5, 2009 at 9:38 am
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|  About a mile into the run, Ted Kennedy quickens the pace along the dirt trail, squinting hard in the bright Colorado sun. Next to him, CEO Shayne Macherowski briefly hangs on at the faster tempo, then drops behind. Even Kennedy is struggling to keep up with Manny Huerta, a member of the U.S. Olympic development triathlon team, who darts quickly ahead. |
| Wal-Mart's sales top forecasts
February 5, 2009 at 8:09 am
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|  Wal-Mart Stores, Inc. reported January sales Thursday that beat estimates, helped by strong sales of grocery and health products. |
| Bank of England cuts rate to record low
February 5, 2009 at 7:10 am
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|  Read full story for latest details. |
| Big banks hit by the Madoff mess
February 5, 2009 at 6:51 am
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|  As the Bernard Madoff scandal continues to play out, it is becoming increasingly clear how devastating the alleged fraud has been for the banking industry. |
| Stocks set for weak start
February 5, 2009 at 6:38 am
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|  U.S. stocks were set to open lower Thursday as investors reacted to a disappointing outlook from tech giant Cisco and awaited fresh figures on unemployment. | |
On what was to be a historic day halting all of Toyota's Japanese assembly lines, the automaker announced late Thursday that it kept one line running.
The retail sector has taken a beating this winter as consumers pulled back on spending, and the 15 million Americans who rely on those jobs have been left out in the cold.
Read full story for latest details.
You salt away 10% of your pay into a retirement plan, but this "retirement" thing can feel pretty abstract. What will it be like? To judge by the pictures in personal-finance magazines (including Money), there will be a house by the water. And Adirondack chairs. And the occasional sea kayaking expedition.
A 162-page list naming thousands of presumed victims of alleged fraud mastermind Bernard Madoff has been released by the trustee that is liquidating Madoff's investment company.
The $700 billion financial sector bailout needs an oversight makeover, according to a report that an oversight official will present to Congress on Thursday.
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