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The Top News
6:06 AM - Thursday, May 23, 2013
4 hour ago
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Reuters
LONDON (Reuters) - Britain's better-than-expected economic growth in the first quarter turns out to have been boosted by a rise in inventories, while consumer spending was weak and investment fell, raising questions whether the nascent recovery . . .
RELATED STORIES:
- IMF chief called to testify in French court about role in arbitration case - Washington Post / Edward Cody
4 hour ago
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CNBC
Financial markets around the world were roiled Thursday after Japanese stocks plunged more than seven percent.
5 hour ago
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MarketWatch.com
U.S. stock market futures fell sharply early Thursday as fears over a tapering of the Fed’s bond-buying program continued to rattle investors. Those worries and weak China data triggered heavy losses for global stocks, with Japan equities suffe . . .
5 hour ago
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FOXBusiness.com
Britain's Financial Conduct Authority (FCA) said it has fined U.S. bank JPMorgan 3.
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
- Tesla CEO On Repaying Taxpayer Loan: I Hope We Did You Proud - forbes.com / Joann Muller
9 hour ago
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Yahoo! News: Business News
By Aileen Wang and Koh Gui Qing BEIJING (Reuters) - China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary manufacturing survey showed, entrenching fears that its economic recovery has stalle . . .
RELATED STORIES:
- China factory activity falls - CNNMoney.com
- Hong Kong Stocks Drop Before China Factory Data - FOXBusiness.com
- China Flash PMI Sinks to 7 Month Low - PRAGMATIC CAPITALISM / Cullen Roche
7 hour ago
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news
Flybe has sold 25 take-off and landing slots at London Gatwick Airport to easyJet for £20m, raising much-needed cash for the struggling regional airline.
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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FOXBusiness.com
Initial U.S. jobless claims are forecast to decline to 343,000 in the week ended May 18 from 360,000 in the prior week, according to analysts surveyed by MarketWatch.
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.
3 hour ago
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CNNMoney.com
A global rally in stocks came to an abrupt halt Thursday as a 7% plunge on Japan's Nikkei index unnerved investors in Europe and set the tone for a weak opening on Wall Street.
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
4 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:
- 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
- Jamie Dimon's softer tone wins over JPMorgan shareholders - news / Katherine Rushton
- Jamie Dimon Win Sends A Dangerous Message To Wall Street - on The Huffington Post / Mark Gongloff
3 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.
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 . . .
3 hour ago
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MarketWatch.com
European leaders
4 hour ago
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MarketWatch.com
NEW YORK (MarketWatch) -- Hewlett-Packard Co. shares were up more than 12% in premarket trading on Thursday after the firm reported better-than-expected earnings for the second-quarter. The tech-giant was able to hold margins on its products, . . .
6 hour ago
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CNBC
Japan is in the middle of a "big monetary experiment," said a member of the Bank of England's Monetary Policy Committee.
