Published: Sat, 13 Mar 2010 16:11:44 GMT
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GUANGZHOU, China (AP) -- Factory worker Chen Qinghai frowned as he looked at a tall bulletin board full of help-wanted notices from companies making everything from photocopiers and DVD drives to mobile phones and car parts....
Published: Sat, 13 Mar 2010 19:51:54 GMT
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WASHINGTON (AP) -- President Barack Obama says he wants projects helping specific states yanked from the health care bill Congress is writing. Democratic senators, being senators, beg to differ....
Published: Sat, 13 Mar 2010 14:25:53 GMT
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BEIJING (AP) -- Mao Zedong's grandson couldn't have put it more simply. China's biggest challenge? 'Economic development,' he said, as the nation's most public political meetings end with sweeping goals to expand growth - and help more Chinese enjoy it....
Published: Sat, 13 Mar 2010 16:03:55 GMT
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WASHINGTON (AP) -- Newly arrived Republican Sen. Scott Brown of Massachusetts accused President Barack Obama and Democrats on Saturday of a 'bitter, destructive and endless' drive to pass health overhaul legislation that Brown warned would be disastrous....
Published: Sat, 13 Mar 2010 12:40:06 GMT
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BEIJING (AP) -- China plans to bid for contracts to build U.S. high-speed train lines and is stepping up exports of rail technology to Europe and Latin America, a government official said Saturday....
Published: Fri, 12 Mar 2010 22:17:48 GMT
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WASHINGTON (AP) -- President Barack Obama's likely choice of Janet Yellen to become vice chairman of the Federal Reserve would favor a policy that stresses low interest rates to ease unemployment over higher rates to curb inflation....
Published: Sat, 13 Mar 2010 01:02:59 GMT
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WASHINGTON (AP) -- An accounting gimmick called Repo 105 provided financial relief for Lehman Brothers in the months before its spectacular collapse, an autopsy of the once-venerable Wall Street house has found. The question now is whether the trickery spells legal jeopardy for executives of Lehman or its auditors Ernst & Young....
Published: Fri, 12 Mar 2010 21:30:51 GMT
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WASHINGTON (AP) -- Retail sales posted a surprising increase in February as consumers refused to let snowstorms stop them from stepping up purchases for everything from clothes to appliances. The improvement provided hope that the recovery from the Great Recession is gaining momentum....
Published: Fri, 12 Mar 2010 23:07:07 GMT
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NEW YORK (AP) -- Mixed economic reports held the stock market to only modest moves Friday but gains for the week were strong....
Published: Fri, 12 Mar 2010 23:37:22 GMT
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NEW YORK (AP) -- Regulators on Friday shut down banks in New York, Florida and Louisiana, raising to 30 the number of failures this year of federally insured banks....