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European leaders will try to come up with ways to boost growth despite steep budget cuts across the continent when they meet in Brussels on Monday.
The 27 heads of state and government will get a taste of the popular frustration with austerity and high unemployment as they try to get to the summit in a […]
Republican Senators Orrin Hatch of Utah and Bob Corker of Tennessee criticized the Federal Reserve for overstepping its role by making policy recommendations on how the U.S. government should try new ways to spur the housing market.
Hatch, the top-ranking Republican on the Senate Finance Committee, said the housing study sent by Chairman Ben S. […]
Holland Construction Services Inc. started extensive renovations at Memorial Care Center at 4315 Memorial Drive in Belleville.
The $6 million project includes an upgrade to the center’s exterior façade and indoor renovations of 34,000 square feet.
The renovations will involve 56 patient rooms, administrative offices, dining, living and reception rooms and a therapy area. Shower rooms, utility […]
Makers of the controversial chemical bisphenol-A have asked federal regulators to phase out rules that allow its use in baby bottles and sippy cups, saying those products haven’t contained the plastic-hardening ingredient for two years.
The unusual request from the American Chemistry Council may help quash years of negative publicity from consumer groups and head off […]
Filed under: economics, lenders by Finance Boss
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Italian automaker Fiat SpA raised its 2011 forecasts Tuesday after reporting a huge jump in second-quarter profits thanks to the takeover and integration of Chrysler.
Fiat, which controls Chrysler with a 53.5 percent stake, reported second-quarter earnings of euro1.3 billion ($1.9 billion), compared with euro90 million in the same period a year earlier. Revenues rose 40 […]
A jump in the number of housing starts in Ontario last month helped boost the national seasonally adjusted rate to 197,400 units in June, Canada Mortgage and Housing Corp. reported Monday.
The rate was up from a revised 194,100 units in May and 194,100 units in April, also revised upward, the federal Crown corporation said in […]
Filed under: Uncategorized, lenders by Finance Boss
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World markets managed modest gains Thursday, shrugging off a weak U.S. growth report and an interest rate hike in China.
Oil prices rose above $97 a barrel as a report showed U.S. crude supply fell more than expected last week, suggesting demand is improving. The dollar slipped against the euro and the yen.
In early European trading, […]
Gas prices hit a sweet spot for automakers last month. They fell far enough to spur pickup truck sales, yet remained so high that small cars sold well, sometimes just hours after reaching dealers’ lots.
That made June a good month for General Motors and Ford, which have traditionally relied on truck sales and now have […]
European countries must decide how to plug potential funding gaps for Greece next year before the International Monetary Fund can release the next batch of loans, an envoy from the Fund said Tuesday, as the struggling country’s prime minister convened party deputies to discuss further austerity measures.
Senior representative Bob Traa said EU leaders had “hard […]