The Associated PressFrench Utility to Buy 49.9% of US Nuclear GiantNew York Times - 2 hours agoBy MATTHEW L. WALD The French national utility will acquire a 49.9 percent stake in a major American nuclear operator, in a new push into the American power industry, which is the source of much of the French nuclear [...]
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BBC NewsAustralia Stocks, Japan Futures Slump on Falling Oil, CurrencyBloomberg - 2 hours agoBy Masaki Kondo and Shani Raja Dec. 18 (Bloomberg) -- Australia shares and Japan’s stock futures slumped after tumbling crude prices and the surging yen dimmed earnings prospects for oil explorers and automakers.Honda cuts profit forecast, braces for tough year Bizjournals.comNow Honda [...]
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ABC NewsOPEC's Big Move: Less Than Meets the EyeBusinessWeek - 2 hours agoWith oil production outpacing consumption, the oil cartel votes to slash production by 4.2 million barrels a day. Will it make a difference?OPEC cuts oil output further by 2.2 million barrels a day MarketWatchOil tumbles below $40 for first time since 2004 The [...]
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Boston GlobeA refinancing rush as interest rates come downThe Associated Press - 2 hours agoTony Jabon had an e-mail in to his mortgage broker by 10 am The 35-year-old environmental consultant in Charlotte, NC, had heard about the Federal Reserve's decision to cut its key interest rate to nearly zero and wanted to refinance [...]
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HispanicBusiness.comChrysler to Shut Factories for a MonthNew York Times - 2 hours agoBy NICK BUNKLEY DETROIT - Chrysler said on Wednesday that it would close all of its factories for at least one month, starting at the end of this week, in response to plunging vehicle sales in the United States.Chrysler says to shut down [...]
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Chrysler shuts down all productionCNNMoney.com - 2 hours agoClose of business Friday will be the start of a month-long closure of 30 US plants. Company cites 'continued lack of consumer credit.Chrysler Idles Plants for a Month; GM Halts Volt Engine Factory BloombergChrysler to idle Fenton North plant Friday Bizjournals.comThe Associated Press - TheStreet.com - Chicago Tribune - AFPall [...]
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WELT ONLINEMadoff’s Wife Said to Be Investigated Over Ponzi Scheme RecordsBloomberg - 2 hours agoBy David Scheer and Allan Dodds Frank Dec. 17 (Bloomberg) -- Ruth Madoff, the 67-year-old wife of alleged fraud mastermind Bernard Madoff, is being investigated by US regulators over whether she helped maintain secret records used in a $50 billion ...Why [...]
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BBC NewsNike 2Q Net Up 8.8% On Higher Sales, MarginsCNNMoney.com - 2 hours agoNike Inc.'s (NKE) fiscal second-quarter net income grew 8.8% on higher sales and margins, with much of the revenue gain overseas.Nike posts higher profit on overseas strength MarketWatchNike Quarterly Profit Rises on Sales in Europe, Asia BloombergReuters - BBC News - Bizjournals.com - The [...]
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Coke, Pepsi to launch drinks with natural sweetenerReuters - 2 hours agoBy Martinne Geller NEW YORK, Dec 17 (Reuters) - Coca-Cola Co (KO.N: Quote, Profile, Research, Stock Buzz) and PepsiCo Inc (PEP.N: Quote, Profile, Research, Stock Buzz) said on Wednesday they received US regulatory clearance for natural, calorie-free ...FDA Clears Natural Sweetener Stevia Wall [...]
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stv.tvAs Obama Picks Cellulosic Advocates, EIA Predicts ShortfallCNNMoney.com - 2 hours agoWASHINGTON -(Dow Jones)- The US won't be able to meet its mandate to produce 36 billion barrels of biofuel by 2022, according to the government's top energy forecaster.US oil demand to grow 1 mln bpd by 2030-EIA ForbesEnergy agency: Oil imports, demand slowing The [...]
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