Finance news

Stocks are closing higher after another day of big swings.
Investors struggled to make sense of mixed economic reports Thursday. First-time applications for unemployment benefits fell and the government raised its estimate of economic growth in the April-June period. But a survey showed that chief executives of the nation’s largest companies are more pessimistic than they […]

Filed under: banks, management by Finance Boss
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Ford’s turnaround over the last five years has resulted in big profits and won its CEO a reputation for brilliant management.
But those same achievements are stirring resentment among many of its factory workers. And that is complicating contract talks between the company and its union employees.
At The Rouge, Ford’s massive, 94-year-old factory complex in Dearborn, […]

Filed under: money, term by Finance Boss
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World governments must not let their focus on spending cuts keep them from creating jobs that will be a key part of economic recovery, an international group of experts warned on Monday.
The Organization for Economic Cooperation and Development and the International Labor Organization say government support for the unemployed _ both with subsidies and job […]

Filed under: homeowners, marketing by Finance Boss
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Powerful Hurricane Hilary is moving away from Mexico but is still churning up dangerous surf in the Pacific.
Hilary was still a Category 4 storm late Saturday morning, with maximum sustained winds near 140 mph (225 kph).
The hurricane is not forecast to make landfall, but the U.S. National Hurricane Center says Mexico’s coast has been affected […]

Filed under: Uncategorized, finance by Finance Boss
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Meg Whitman, eBay’s former chief executive, was named Thursday to lead Hewlett-Packard, the company said.
She replaces Leo Apotheker, the company’s chief executive, after only 11 months on the job. He is also stepping down as a director.
But Apotheker’s strategy, including consideration of spinning off H-P’s personal computer business from other parts of the company, will […]

Filed under: Small Business, mortgage by Finance Boss
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Stocks shifted between small gains and losses Wednesday morning as traders tried to anticipate what steps the Federal Reserve might take to stimulate the U.S. economy.
Concerns that Greece could fail to qualify for fresh bailout funds kept gains muted.
The Federal Reserve expects to announce the results of the central bank’s two-day policy meeting Wednesday afternoon.
Some […]

Filed under: News, Uncategorized by Finance Boss
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A half-century-old program that helps workers who lose their jobs to foreign trade holds the key to whether Congress may finally approve three long-delayed free trade agreements viewed by both the Obama White House and congressional Republicans as a way to invigorate the economy and create jobs.
It’s a classic Washington trade-off.
Many Democrats don’t like the […]

Filed under: term, uk by Finance Boss
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Iraq’s government says it has retrieved $116 million from French bank accounts that were registered to a former official in Saddam Hussein’s regime.
A statement by the Iraqi Integrity Commission says the recovered money includes $106 million from an account with UBAF bank and $10 million in accounts scattered across several other banks in France.
The statement […]

Filed under: Small Business, online by Finance Boss
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LONDON

Filed under: Small Business, finance by Finance Boss
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Reassuring words from European leaders aimed at calming markets roiled by the continent’s sovereign debt fears helped boost Asian markets in early trading Thursday.
German Chancellor Angela Merkel and French President Nicolas Sarkozy pledged in an emergency teleconference on Wednesday night with that they would help Greece avoid a debt default. For his part, Greek Prime […]

Filed under: Small Business, technology by Finance Boss
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