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French industrial production fell in September for a second month, led by declining automobile output, as the second-largest euro-area economy slid into recession.
Output at French factories and utilities fell 0.5 percent, the Paris-based statistics office said today. That was in line with the median of 16 forecasts in a Bloomberg News survey of […]
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Former General Electric Co. Chief Executive Officer Jack Welch said the U.S. economy will start to improve in late 2009 after struggling for the next three quarters.
“We are going to have some very tough times,'' Welch said on the ABC News “This Week'' program. “The fourth quarter of this year could have negative […]
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The NBA Board of Governors has voted to allow the Palms casino in Las Vegas to accept bets on all league games — except those involving the Sacramento Kings — even though the Maloof family owns both the Kings and the casino, the NBA said in a news story posted on its Web site.
In the […]
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ProLink Solutions, which sells GPS-based golf course management systems and digital on-course advertising, is opening an office in the United Kingdom to serve markets in England, Scotland, Ireland and Wales.
Ian Church will be responsible for sales at the new office as well as service and support for the Chandler company’s existing footprint of more than […]
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U.S. securities regulators on Wednesday extended an emergency ban on short selling in more than 950 financial stocks to give Congress time to finish legislation to rescue the financial system.
The Securities and Exchange Commission said the ban would expire three business days after a $700 billion federal bailout bill was enacted, but would not […]
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The biggest bet on the Las Vegas Strip has not paid off yet.
Private equity firms Apollo Global Management and TPG Capital LP TPG.UL bought Harrah’s Entertainment, which operates nearly 40 casinos across the United States, for $31 billion in January.
It was the peak of a leveraged buyout bubble that moved companies like […]
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Children’s Hospital and Regional Medical Center has changed its name to Seattle Children’s, hospital officials said Monday.
The change was to reinforce the fact that the hospital is located in Seattle and also is a major research facility, officials said, adding that signs will begin to be changed at the hospital on Tuesday.
The hospital also changed […]
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It’s been almost a year since the Federal Reserve issued the first of what turned out to be seven rate-cuts to deal with the credit crisis.
So why does the economy still seem like it’s in a big funk, with banks continuing to suffer?
One of the biggest proponents of the Fed’s aggressive rate-cutting spree […]
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Representatives of Native Hawaiian programs urged the Hawaii Tourism Authority Thursday not to divert HTA money that supports them to use in marketing the state.
At the same time, visitor industry executives warned that Hawaii must do more to bring tourists to the islands as hotel occupancy and visitor spending continue to fall this year.
The HTA […]
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The Phoenix Chapter of the National Black MBA Association and American Express are offering four graduate scholarships for Arizona students who demonstrate the potential to make significant contributions in the field of business.
Four $1,000 scholarships will be awarded. Students must:
Be enrolled in a graduate business program in an accredited college […]
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