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The Top News
8:48 AM - Thursday, May 23, 2013
4 hour ago
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CNBC
Initial claims for unemployment benefits dropped 23,000 to a 340,000.
RELATED STORIES:
- Coming up: Weekly U.S. jobless claims - MarketWatch.com
4 hour ago
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MarketWatch.com
Sales of new U.S. homes edged up in April to the second-highest post-recession level, as pent-up demand, low interest rates and tight inventories of older homes lift demand.
RELATED STORIES:
- New home prices touch record high - USATODAY.com Money News
5 hour ago
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news
JPMorgan Chase, the US bank, has been fined £3m by Britain's Financial Conduct Authority for failings at its wealth management unit.
5 hour ago
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Yahoo! News: Business News
NEW YORK (AP) — Ralph Lauren Corp. reported a 35 percent increase in fourth-quarter profit as the luxury retailer benefited from lower cotton prices. But economic challenges here and abroad and the move to eliminate some businesses to focus on . . .
2 hour ago
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money.cnn.com
Chrysler Group and Tesla Motors, run by two of the most outspoken CEOs in the auto industry, are trading zingers over the help each company received from the federal government.
RELATED STORIES:
- Tesla Repays Government 9 Years Early - on The Huffington Post
- Did Tesla Mislead Investors on Loan Repayment? - DailyFinance
- Tesla CEO On Repaying Taxpayer Loan: I Hope We Did You Proud - forbes.com / Joann Muller
5 hour ago
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Yahoo! News: Business News
(Reuters) - Private equity firm Apax Partners will acquire teen-apparel retailer rue21 Inc in a deal valued at about $1.1 billion, adding to a retail portfolio that includes Cole Haan and Takko Fashion. Rue21 said Apax, which already owns a 30 . . .
5 hour ago
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CNNMoney.com
Read full story for latest details.
3 hour ago
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news /
Christine Lagarde's future as International Monetary Fund chief hangs in the balance after a Paris court grilled her over a €403m (£345m) state payout to a disgraced tycoon.
7 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:
- U.S., Chinese factories struggle, Fed hints at less stimulus - Yahoo! News: Business News
- FTSE battered by Chinese data, U.S. stimulus concerns - Reuters
5 hour ago
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FOXBusiness.com
A top U.S. central bank official sought to reassure financial markets that the Federal Reserve was not in a hurry to start winding down its economic stimulus as investors worried about comments by its chairman Ben Bernanke.
RELATED STORIES:
- ECB Should Follow US: Fed's Bullard - CNBC
- Fed not "that close" to winding down stimulus: Bullard - Yahoo! News: Business News
5 hour ago
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FOXBusiness.com
U.S. home prices rose a seasonally adjusted 1.3% in March, and prices grew 6.7% in the first quarter from the same period of 2012, the Federal
3 hour ago
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FOXBusiness.com
Ally Financial Inc agreed to pay $2.
7 hour ago
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CNBC
Financial markets around the world were roiled Thursday after Japanese stocks plunged more than seven percent.
4 hour ago
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features.blogs.fortune.cnn.com
Prime Minister David Cameron says openness to foreign investment is competitive advantage for Britain (and Ratan Tata is always welcome at Downing Street).
7 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.
5 hour ago
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The Guardian /
Troubled regional airline to sell 25 slot pairs to easyJet for £20m as it attempts to stem lossesThe boss of Flybe has hit out at "punitive" charges and taxes that have pushed the troubled regional airline to end flights in and out of London fr . . .
5 hour ago
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BBC
JP Morgan's international bank division has been fined £3m by the Financial Conduct Authority for failures in client advice and record-keeping.
4 hour ago
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FOXBusiness.com
China's civil aviation regulator on Thursday formally approved Boeing Co's 787 Dreamliner for use in the country, clearing the way for Chinese airlines to start operating the aircraft, which has been plagued with problems.
3 hour ago
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Yahoo! News: Business News
By Poornima Gupta and Padraic Halpin SAN FRANCISCO/DUBLIN (Reuters) - Apple has operated almost tax-free in Ireland since 1980, welcomed by a government keen to bring jobs to what was then one of Europe's poorest countries, former company execu . . .
5 hour ago
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CNBC
U.S. manufacturing slowed for a second straight month in May, a new survey showed.
