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Deflation fears roil Wall Street
Houston Chronicle -43 minutes ago
By VIKAS BAJAJ New York Times After gyrating wildly for weeks, the stock market lurched lower on Wednesday, falling to its lowest point in nearly six years, as concern spread that the economy might be beset by a chronic and debilitating decline in ...Reuters
Global stocks hit 5-1/2 year lows
Reuters -1 hour ago
By Rafael Nam HONG KONG (Reuters) - A rout in Asia pushed world stocks to their lowest in 5- years on Thursday, while oil fell to below $53 a barrel and safe havens such as the yen gained as economic data indicated a global recession could get even ...The Associated Press
A Son of Detroit Takes on Detroit
New York Times -1 hour ago
In Michigan today, unemployment reached a 16-year high as a direct result of the nation’s economic downturn. Mr. Romney’s suggestion that our economy would be best served by a Big Three bankruptcy is a breathtaking assertion of economic Darwinism made ...AFP
Weak Japan exports pile on economic gloom
Reuters -43 minutes ago
By Tetsushi Kajimoto and Jason Subler TOKYO/BEIJING (Reuters) - Japan's exports to Asia fell in October for the first time since 2002, showing that the fallout from the credit crisis has spread to neighbors such as China and adding momentum to ...Air France-KLM Second-Quarter Net Falls 49% Percent on Fuel
Bloomberg -41 minutes ago
By Andrea Rothman Nov. 20 (Bloomberg) -- Air France-KLM Group, Europe's biggest airline, said fiscal second-quarter profit declined 49 percent because of high fuel costs and after a year-earlier gain from the sale of assets.The Associated Press
Carlos Ghosn on Detroit and the Future of the Auto Business
BusinessWeek -2 hours ago
"Everything is lined up…toward consolidation of the industry. But are you going to be able to get the money you need at a reasonable cost?Nike, Starbucks, others form clean-energy coalition BICEP
USA Today -2 hours ago
By Edward Iwata, USA TODAY With an environmentally-friendly Obama administration coming to power, a new green business coalition - led by Nike, (NKE) Starbucks,(SBUX) Levi Strauss, Sun Microsystems (JAVA) and Timberland (TBL) - is calling for stronger ...
Wall Street Journal BlogsHealth-Insurance Deductible of $1000 Now Common
Wall Street Journal -2 hours ago
By SARAH RUBENSTEIN Health-insurance deductibles of $1000 or more have become commonplace for people who receive coverage through their employers.
New York Daily NewsEHarmony Settles Dispute Over Gay Matches
Wall Street Journal -2 hours ago
By NATHAN KOPPEL and SHIRA OVIDE A settlement Wednesday between eHarmony Inc. and the New Jersey attorney general requires the online heterosexual dating service to also cater to homosexuals, raising questions about whether other services that target a ...
Jakarta PostCEO Search: Can Anyone Save Yahoo?
BusinessWeek -2 hours ago
By Robert D. Hof After a tumultuous 17-month reign as chief executive, Yahoo! (YHOO) co-founder Jerry Yang gave up on Nov. 17. Having failed to reverse Yahoo's stalled growth and plunging profits, he will return to his longtime strategy-setting role as ...