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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 The plant that makes Borden cheese and private-label products is expected to be closed in January because it has out-of-date technology and infrastructure.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.
Saturday, October 3, 2015
U.S. hiring slowed sharply in September, and job gains for July and August were lower than previously thought, a sour note for a labor market that had been steadily improving.
The deadline for the U.S. Congress to increase the U.S. borrowing limit is coming earlier than expected, moving up to about Nov. 5.
Ben Bernanke, in new memoir, recalls Lehman's 'surreal' failure
Ben Bernanke recalls the September weekend in 2008 when regulators sought desperately but in vain to save the investment bank Lehman Brothers as a "terrible, surreal moment."
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