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Monthly Archive March, 2009

Down day for stocks at end of up week

March 31, 2009

Wall Street tumbled Friday at the end of an otherwise upbeat week, stretching the market rally to three straight weeks, for the best run […]

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Tension simmers at Nomura as Lehman bonuses loom

March 27, 2009

Things are getting tense at Japanese brokerage Nomura Holdings.
As Japan’s annual banker bonus season nears, there are expectations that many of the 8,000 or […]

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Durable goods orders jump 3.4 percent in February

March 26, 2009

New U.S. orders for long-lasting manufactured goods unexpectedly rebounded in February, rising for the first time in seven months, according to a government report […]

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Paterson to NYPA: Hold off on rate hikes

March 24, 2009

Gov. David Paterson Monday called on the New York Power Authority to reconsider any rate increases and incentive pay hikes.
The hot-button issue has created a […]

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Pfizer chairman backs biologic drug generics

March 22, 2009

With Pfizer Inc. about to acquire rival drug maker Wyeth and its expertise in making pricey and complex biologic drugs, Pfizer Chief Executive Jeffrey […]

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Laid-off auto worker wings way into new job

March 21, 2009

A study in modesty, Patrick Davis compared his old job with his new one with a good-natured shrug.
"I dealt with a lot […]

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Gas prices likely to rise this summer

March 19, 2009

A severe economic downturn has spoiled our appetite for gasoline, with millions of Americans no longer commuting to work or planning summer trips.
According […]

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Foreign purchases of U.S. debt rise

March 18, 2009

Foreign purchases of U.S. debt increased in the first month of 2009, according to a Treasury report released Monday, easing some concerns that overseas […]

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How big is food’s slice of budget pie?

March 16, 2009

NEW YORK — When Carla Chery sat down to plan her household budget, she simply calculated the average she typically spent to feed her […]

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MGM mulling breakup to pay looming debts: report

March 14, 2009

MGM Mirage, which has warned it could breach its credit agreements this year if the economy doesn’t rebound, may break itself up to lure […]

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