| Business Headlines |
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| Circuit City CEO resigns amid troubles
(AP)
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| AP - The chief executive at Circuit City Stores Inc. stepped down Monday and was replaced by a board member appointed to defuse a fierce proxy battle as the struggling electronics retailer steps up its turnaround effort. -- read full article |
| Mon, 22 Sep 2008 23:39:30 GMT - Yahoo! News: Business |
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| Today on the presidential campaign trail
(AP)
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| AP - McCain says economic crisis worst since World War II ... Obama pledges deep cuts in spending to fix economy ... Obama and McCain attack each other in new television ads ... Biden calls for stronger voice for National Guard within the Defense Department ... McCain suggests NY Democrat Cuomo could be SEC chief ... AP-Yahoo Poll: Blacks, whites still see society through different lenses
-- read full article |
| Mon, 22 Sep 2008 19:59:10 GMT - Yahoo! News: Business |
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| Holiday sales set for worst gain in 6 years
(Reuters)
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| Reuters - The tumultuous economic climate will constrain U.S. holiday sales growth to its lowest level in six years and a turnaround is not likely until the second half of next year, a leading retail trade group forecast on Tuesday. -- read full article |
| Tue, 23 Sep 2008 04:07:54 GMT - Yahoo! News: Business |
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| AIG CEO expects "for sale" list next week
(Reuters)
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| Reuters - American International Group Inc should have a list of assets it wants to sell by next week, its new chief executive said on Monday, as the company prepares to split itself up to repay an emergency bailout loan.
-- read full article |
| Tue, 23 Sep 2008 01:52:40 GMT - Yahoo! News: Business |
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| CarMax 2Q earnings plunge on weak vehicle sales
(AP)
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| AP - Auto retailer CarMax Inc. said Monday its second-quarter earnings plunged 78 percent as a weak economy and high gasoline prices hurt its sales. The results were worse than expected and its shares fell about 3 percent in morning trading. -- read full article |
| Mon, 22 Sep 2008 14:47:04 GMT - Yahoo! News: Business |
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| End of Wall St era; bailout to be hotly debated
(Reuters)
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| Reuters - Wall Street's last two big investment
banks, Goldman Sachs and Morgan Stanley, secured Federal
Reserve approval to become banks, ending the swashbuckling era
of American deal making amid the worst U.S. financial crisis
since the Great Depression.
-- read full article |
| Mon, 22 Sep 2008 18:22:36 GMT - Yahoo! News: Business |
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