NEW YORK: Wall Street showed further signs of stability Thursday as investors calmly took in a flurry of downbeat economic and corporate data and largely held on to the gains they have made for more than a week. The major stock indexes declined but ...
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MINNEAPOLIS— Airline shares rose Thursday as a drop in oil prices appeared to ease worries about how travel demand will hold up in a recession. The Amex Airline Index rose 1 percent to 20.52 points on a day when broader market fell. Oil's tumble ...
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TOKYO, Dec 5 (Reuters) - Japan's Nikkei average is expected to fall for a second day on Friday, with exporters such as Toyota Motor seen hurt by a firmer yen and after profit worries in the worsening economy sparked a sharp drop on Wall Street ...
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NEW YORK, Dec 4 (Reuters) - Central banks remained the primary source of capital for the global economy, with Europeans cutting interest rates sharply on Thursday and the Federal Reserve acting as commercial lender of last resort. The European ...
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WASHINGTON (Reuters) - The CEOs of General Motors Corp and Chrysler LLC said they would consider restarting talks about a merger during a nearly six-hour congressional grilling on the industry's pleas for $34 billion in government aid. The CEOs of GM ...
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TORONTO, Dec 4 (Reuters) - The number of personal bankruptcies in Canada soared by more than 20 percent in October as individuals came under increased pressure from deteriorating economic conditions, according to a report released on Thursday. The ...
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PITTSBURGH (AP) - Shares of Alcoa Inc. skidded Thursday as an analyst said the aluminum producer will be forced to suspend its annual dividend, which costs the company about $560 million, because of plummeting prices for the metal. Shares of the ...
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