502 results returned for search: "independence AND " category "Business"
washington (Bloomberg) — Three former American International Group Inc. chief executive officers deflected blame for the insurer's $85 billion US bailout, while a lawmaker said the firm blocked auditors from access to the unit that pushed it to the b...
DATE: Oct 08, 2008
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NEW YORK (AP) - Washington Mutual Inc. (WaMu), ravaged by losses from sour mortgages, replaced Kerry Killinger as chief executive of the largest US savings and loan yesterday, adding him to the growing list of banking bosses ousted by their boards.
M...
DATE: Sep 09, 2008
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NEW YORK (AP) - Stocks sank in thin trading yesterday as worries about American International Group Inc. touched off broader concerns that financial companies will face more trouble to come.
The major indexes lost about two percent. The Dow Jones ind...
DATE: Aug 26, 2008
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NEW YORK (Reuters) - It will be tough for Wall Street to shake off the bear market blues next week if the price of oil keeps rising and the earnings season kick-off from Alcoa and General Electric (GE) disappoints investors.
Earnings estimates for th...
DATE: Jul 07, 2008
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Warwick Academy graduate Erin Vickers has won the 2008 RenaissanceRe Scholarship Award
Erin plans to study law at Bristol University in the UK, was selected from approximately 80 applicants.
Neill A. Currie, president and chief executive officer of R...
DATE: Jul 01, 2008
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LONDON (Reuters) - Britons' expectations of future inflation surged to a record high of 4.3 percent in May, above market expectations and more than a percentage point above the actual rate, a survey by the Bank of England (BoE) showed yesterday.
The ...
DATE: Jun 13, 2008
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LONDON (AP) — The Bank of England made a near unanimous decision to keep interest rates steady this month, according to minutes of the meeting released yesterday, dampening the prospect of imminent rate cuts.
Minutes from the central bank's Monetary ...
DATE: May 22, 2008
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NEW YORK (Reuters) - Investors will have seen enough corporate results by the end of this week to determine if the recent string of encouraging earnings was an anomaly or a real sign stocks can weather the credit crisis and economic slowdown.
If the ...
DATE: Apr 21, 2008
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Q. What is the outlook for my shares of Caterpillar Inc.? — P.V., via the Internet
A. The world's largest manufacturer of earthmoving equipment must plough through weakness in US construction and the decline in demand for engines that it puts in truc...
DATE: Apr 12, 2008
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LONDON (Reuters) - The Bank of England cut interest rates for the third time in five months yesterday to cushion the economy from the global credit squeeze, despite persistent worries about rising inflation.
The central bank said the quarter-percenta...
DATE: Apr 11, 2008
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