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Saturday, October 10, 2015
Latin America rolls out red carpet for once-scorned IMF
The last time the International Monetary Fund (IMF) held its annual meetings in Latin America, Ernesto "Che" Guevara was trying to spread Cuba's revolution throughout the hemisphere and much of the region was under the thumb of repressive dictatorships.
Worldwide shipments of personal computers sank in the recently ended quarter with a strong U.S. dollar weighing down sales, market tracker Gartner reported on Thursday.
Friday, October 9, 2015
U.S. consumer borrowing advanced at a solid pace in August, as Americans took out more auto and student loans.
Thursday, October 8, 2015
The Canadian company that wants to build the Keystone XL pipeline is taking steps to circumvent one of the major roadblocks in Nebraska.
Wednesday, October 7, 2015
The U.S. economy grew at an even faster clip in the spring than previously estimated. But that growth likely slowed in the summer, held back by global headwinds and turbulent financial markets.
US, states strike agreement with BP over gulf oil spill
The U.S. Justice Department and five U.S. states on Monday announced a US$20 billion final settlement of claims arising from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico.
U.S. tech giants are turning to the news in their competition for mobile users, developing new, faster ways to deliver content, but the benefits for struggling media outlets remain unclear.
Tuesday, October 6, 2015
U.S. and global stocks rose in early trading Monday after a gloomy U.S. jobs report last week led investors to expect that the U.S. Federal Reserve will postpone its first interest rate increase in nearly a decade. Energy stocks rose along with the price of oil.
Wall St. execs should be jailed for crisis: Bernanke
Former U.S. Federal Reserve Chairman Ben Bernanke says some Wall Street executives should have gone to jail for their roles in the financial crisis that gripped the country in 2008 and triggered the Great Recession.
Monday, October 5, 2015
Dairy Farmers of America has announced plans to close a cheese plant in Plymouth, eliminating 300 jobs. The plant that makes Borden cheese and private-label products is expected to be closed in January because it has out-of-date technology and infrastructure. It's been operating since 1954.
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