76370 results returned for search: "" category "Business"
WASHINGTON (AP) — The fraud investigation of Wall Street money manager Bernard L. Madoff took unusual twists yesterday as the US attorney general removed himself and the Securities and Exchange Commission looked into the relationship between Madoff's...
DATE: Dec 18, 2008
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LONDON (Reuters) - The number of Britons out of work and seeking benefits surged by the biggest margin since 1991 last month, raising the spectre of severe unemployment next year and increasing the chance of hefty Bank of England rate cuts.
BoE minut...
DATE: Dec 18, 2008
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NEW YORK (AP) - Wall Street finished moderately lower yesterday, as further signs of economic deterioration dampened investors' earlier enthusiasm about the Federal Reserve's record interest rate cut.
Stocks declined in the early going after a larger...
DATE: Dec 18, 2008
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wilmington (Bloomberg) — American International Group Inc. investors won final approval of a $115 million settlement of claims that the insurer overpaid a firm controlled by Maurice (Hank) Greenberg and other executives by $1 billion.
Delaware Chance...
DATE: Dec 18, 2008
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Australia's government has taken a step backward by attempting to set up a national censorship system for the Internet.
The government will test the web filter, which would require Australia's Internet service providers to block from view any one of ...
DATE: Dec 17, 2008
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NEW YORK (Bloomberg) — Bernard Madoff's financial records were "utterly unreliable" and will take six months to sort out, said Stephen Harbeck, president of the Securities Investor Protection Corp.
"There are some assets, but I have no idea what the ...
DATE: Dec 17, 2008
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NEW YORK (Reuters) - A paralegal, recently laid off, wanted to get back at the "establishment" that he felt was to blame for his lost job. So when he craved an expensive new tie, he went out and stole one.
The story, relayed by psychiatrist Timothy F...
DATE: Dec 17, 2008
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LONDON (Reuters) — The outlook for the British economy has worsened in recent weeks and there is a substantial risk inflation could fall below one percent next year, Bank of England Governor Mervyn King said yesterday.
Earlier, official data showed B...
DATE: Dec 17, 2008
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TORONTO (Reuters) - Toronto's main stock index surged more than three percent in a broad rally yesterday after the US Federal Reserve cut its target for overnight interest rates to a record low range of zero to 0.25 percent and said it would do every...
DATE: Dec 17, 2008
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Bermuda-based Bacardi Ltd., the largest privately held spirits company in the world, has won the Best International Communication Award for its 'Champions Drink Responsibly' campaign at the European Excellence Awards 2008, held in Budapest, Hungary t...
DATE: Dec 17, 2008
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