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AIG, Fed stemming insurer's liquidity crisis(CNN)
Troubled insurer American International Group moved another step closer to stabilizing its finances on Tuesday. |
Source: Richardson to head Commerce(CNN)
President-elect Barack Obama plans to nominate New Mexico Gov. Bill Richardson to be secretary of Commerce, a Democratic source told CNN on Tuesday. |
Fidelity reopens two key mutual funds(CNN)
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Freddie Mac mulls reverse stock split(CNN)
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FDIC chief: Intervene on foreclosures(CNN)
The nation's top banking regulator warned Tuesday that help for troubled homeowners is failing to keep pace with the foreclosure crisis. |
GE ready to play defense(CNN)
General Electric shares rallied more than 13% Tuesday after executives vowed to preserve the company's dividend and work to maintain its triple-A credit rating - a designation that keeps GE's borrowing costs lower than almost any company in corporate America and gives it a significant advantage over its competition. |
Citi to raise $5.5 billion(CNN)
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Audit: More oversight for $700B bailout(CNN)
The first official review of the federal government's $700 billion financial rescue plan said Treasury has yet to address "critical" oversight issues to ensure the plan is working. |
Mortgage fraud incidents up 45%(CNN)
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Dollar falls as stocks rally(CNN)
The dollar fell against major currencies Tuesday as stocks rallied and investors awaited the expected rate cuts of European central banks. |
Delta to cut more flights in 2009(CNN)
Delta Air Lines said it plans to cut overall flight capacity by 6% to 8% next year due to "the global economic recession and weaker demand for air travel." As result, passengers can expect flights to be crowded and fare deals to be scarce. |
Guns N' Roses Dr Pepper promo misfires(CNN)
Guns N' Roses became Guns N' Roses N' Lawyers this week. |
Medicis shares surge after settlement(CNN)
Shares of Medicis Pharmaceutical Corp. rose more than 25% in midday trading Tuesday, following the settlement of a patent dispute with a competitor. |
Auto sales plunge to 26-year low(CNN)
Car sales continued to plunge in November, falling 37% from a year-ago and hitting a 26-year low just as Detroit's Big Three presented their turnaround plans to Congress. |
Where to hide in the 'bear-cession'(CNN)
Welcome to the "bear-cession." Not all bear markets have been caused by or accompany recessions but 2008 is clearly a year marked by both turmoil in the stock markets and the broader economy. |
Fed extends credit programs through April 30(CNN)
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A vintner's vision: Wine from mangosteens(CNN)
Looking back, Dominic Rivard has to admit that starting a business in Thailand within weeks of a military coup might not have been the best idea. |
