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Business

Bonds Dive As 30-Year Sale Disappoints, Jobless Dip Spurs Exit From Fixed Income

REUTERS Investor's Business Daily -
Treasuries retreated sharply Thursday, pushing yields to five-month highs after a weak auction of 30-year bonds reinforced a rout first triggered by a decline...
Business

Consumers have a big appetite for mobile Internet connectivity

RECORDER STAFF -
Technology companies are seeing an increase in the number of people connecting to the Internet via wireless or Wi-Fi connections across the United States....
Business

Obama adviser: Economic contraction likely

JIM KUHNHENN <br />Associated Press Writer -
A top Obama adviser is predicting another economic contraction in the second quarter of the year and continued increases in unemployment for the next...
Business

Obama adviser: Economic contraction likely

JIM KUHNHENN Associated Press Writer -
A top Obama adviser is predicting another economic contraction in the second quarter of the year and continued increases in unemployment for the next...
Business

5 regional banks must raise $8.2B after tests

MARCY GORDON AP Business Writer -
Five of the nation's largest regional banks are vulnerable to a worsening recession and need to raise a total $8.2 billion in new capital...
Business

GM posts $6B 1Q loss, spends $10.2B in cash

TOM KRISHER and KIMBERLY S. JOHNSON AP Auto Writers -
General Motors Corp. lost $6 billion in the first quarter and its revenue was cut nearly in half as car buyers feared the wounded...
Business

Look smooth in a rough job market

Blacknews.com -
According to the United States Department of Labor, the U.S. has lost 5.1 million jobs since the recession began, and unemployment rates for African-American...
Business

Bernanke calls for revamped banking oversight

JEANNINE AVERSA AP Economics Writer -
Federal Reserve Chairman Ben Bernanke on Thursday called for a holistic approach to strengthening oversight of the banking system and said information gleaned from...
Business

Traders say ‘sell’ ahead of bank, jobs results

TIM PARADIS AP Business Writers -
Investors might think the economy is stabilizing but they're not ready to celebrate. Wall Street slid Thursday following a surge earlier in the week...
Business

Casino Aztar Owner Approved to Exit Bankruptcy

Press Release -
LAS VEGAS—The US Bankruptcy Court in Delaware today approved Tropicana Entertainment, LLC’s creditor-supported plans of reorganization, which include an exit financing commitment from Icahn...
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