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The Top News
6:27 AM - Thursday, May 23, 2013
3 hour ago
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FOXBusiness.com
Initial claims for state unemployment benefits dropped 23,000 to 340,000, pushing claims below the 350,000 mark that economists associate with a firming job market.
RELATED STORIES:
- Coming Up: Weekly U.S. Jobless Claims - FOXBusiness.com
5 hour ago
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FOXBusiness.com
Britain's Financial Conduct Authority (FCA) said it has fined U.S. bank JPMorgan 3.
5 hour ago
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CNBC
Financial markets around the world were roiled Thursday after Japanese stocks plunged more than seven percent.
6 hour ago
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Washington Post /
PARIS — Christine Lagarde, managing director of the International Monetary Fund, was summoned to testify Thursday about her role in the settlement of a multi-million-dollar business dispute when she was French finance minister in 2008. Read ful . . .
3 hour ago
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on The Huffington Post
DETROIT -- Tesla Motors, which makes a highly acclaimed $70,000 electric car, has paid off a startup loan from the U.S. government nine years early.
The Palo Alto, Calif., company said it wired in a $451.8 million payment to the government o . . .
RELATED STORIES:
- Did Tesla Mislead Investors on Loan Repayment? - DailyFinance
- Tesla Pays Off $465 Million DOE Loan - CNBC
2 hour ago
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CNNMoney.com
Read full story for latest details.
2 hour ago
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WSJ.com
The preliminary HSBC China Manufacturing Purchasing Managers' Index fell to a seven-month low of 49.6 in May, signaling a contraction in activity.
RELATED STORIES:
- China factory activity shrinks for first time in seven months: flash PMI - Yahoo! News: Business News
- China Flash PMI Sinks to 7 Month Low - PRAGMATIC CAPITALISM / Cullen Roche
3 hour ago
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MarketWatch.com
NEW YORK (MarketWatch) -- Ralph Lauren Corp. said Thursday that its fiscal fourth quarter profit rose to $127.2 million, or $1.37 a share, from $94.4 million, or 99 cents, a year earlier. Revenue in the quarter ended March 30 rose 1% to $1.6 b . . .
6 hour ago
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news /
Britain's return to growth has been confirmed with an unchanged second estimate of GDP showing the economy grew 0.3pc in the first three months of the year, though economists expressed concerns about the lack of underlying growth momentum.
3 hour ago
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BBC
Business leaders and politicians are raising concerns over the future of Inverness Airport's links with London Gatwick.
4 hour ago
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FOXBusiness.com
Deutsche Bank's bosses tried to convince skeptical shareholders at a lively annual meeting on Thursday that the bank was on the right track again after facing a host of legal problems.
3 hour ago
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MarketWatch.com
U.S. stock futures slump on Thursday after Japanese equities plunged overnight, as fears over a tapering of the Federal Reserve’s bond-buying program and weak Chinese economic data combined to spook investors around the globe.
10 hour ago
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news
Ford said it would stop making vehicles at its unprofitable Australian plants in 2016 and axe 1,200 jobs.
RELATED STORIES:
- High costs, currency push Ford out of Australia car manufacturing - FOXBusiness.com
- As Ford Exits Australia, a Lesson for U.S. Car Company Plans in Europe - DailyFinance
- Ford Australia to stop making cars - The Guardian
5 hour ago
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FOXBusiness.com
EU antitrust regulators accepted on Thursday concessions from Lufthansa , United Airlines , Air Canada and Continental to ease competition concerns about their transatlantic revenue-sharing pact.
5 hour ago
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news /
Glencore Xstrata has denied any wrongdoing over an Iranian alumina deal, after a leaked UN report said the transactions could have been a way of skirting international sanctions.
5 hour ago
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FOXBusiness.com
Chinese factory activity shrank in May for the first time in seven months, overshadowing signs that the euro zone's downturn tempered slightly in May, business surveys showed on Thursday.
RELATED STORIES:
- Bernanke: It's Too Soon For Fed To End Stimulus - on The Huffington Post
- Stocks fall on news Fed weighed cutting stimulus - Yahoo! News: Business News
- Stocks rise on Fed stimulus hopes, home sales - Yahoo! News: Business News
4 hour ago
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CNBC
Even inside JPMorgan Chase, it's a bit of a mystery.
RELATED STORIES:
- Jamie Dimon may face a new, tougher board - CNNMoney.com
- Is a Win for Jamie Dimon a Loss for Shareholders? - DailyFinance / Chris Hill
- JPMorgan's Dimon wins big - CNNMoney.com
5 hour ago
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CNBC
Following a spate of high-profile security breaches, Twitter has introduced an optional two-step login for users in an attempt to combat further attacks.
4 hour ago
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MarketWatch.com
LONDON (MarketWatch) -- J.P. Morgan International Bank Limited, a subsidiary of J.P. Morgan Chase & Co. , was Thursday fined 3.1 million pounds ($4.7 million) by the U.K. Financial Conduct Authority for systems and controls failings related to . . .
4 hour ago
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FOXBusiness.com
The European Central Bank is looking into expanding its range of policy tools, while the U.S. central bank is mulling scaling back its support measures, highlighting the contrasting fortunes between the world's two biggest economic blocs.
