WASHINGTON, Nov. 13, 2008 (Reuters) — The number of U.S. workers drawing jobless benefits hit a 25-year high this month and imports suffered a record fall in September, according to reports on Thursday that underscored a rapid drop-off in the U.S. economy. ... > full story
NEW YORK, Nov. 13, 2008 (Reuters) — Citigroup Inc's board of directors said it supports its chairman and a newspaper report that said it was considering replacing him was "completely erroneous." ... > full story
NEW YORK, Nov. 13, 2008 (Reuters) — Wal-Mart Stores Inc reported a slightly better-than-expected 10 percent rise in quarterly profit on Thursday as shoppers scoured its aisles for discounts on groceries and medicine in the face of deteriorating economic conditions. ... > full story
Nov. 13, 2008 (Reuters) — BlackRock Inc CEO Laurence Fink said on Thursday "we are starting to see some healing in the credit markets," in an interview on CNBC. Highlights: ... > full story
NEW YORK, Nov. 13, 2008 (Reuters) — Dr Pepper Snapple Group Inc reported a smaller-than-expected third-quarter profit on Thursday and cut its full-year outlook, due in part to weakening economies in the U.S. and Mexico and the strengthening U.S. dollar. ... > full story
LONDON, Nov. 13, 2008 (Reuters) — World stocks fell to a two-week low on Thursday and oil hit a 22-month trough as Washington's move to back away from its plan to buy toxic assets and weak U.S. earnings reports deepened gloom about the global economy. ... > full story
Nov. 13, 2008 (Reuters) — New York state's attorney general, Andrew Cuomo, this week issued a subpoena to Bank of America Corp , asking for details on how it allocates its bonuses, the Wall Street Journal said, citing a person familiar with the matter. ... > full story
BERLIN, Nov. 13, 2008 (Reuters) — McDonald's Corp is shielded against recession and has hardly been hit by the international financial crisis, Chief Executive Jim Skinner was quoted as saying on Thursday. ... > full story
SINGAPORE, Nov. 13, 2008 (Reuters) — The United States may need to insure wholesale deposits to ease the credit crisis and restore confidence because the collapse of Lehman Brothers has damaged trust among institutional investors, Barclays said on Thursday. ... > full story
BOSTON, Nov. 13, 2008 (Reuters) — Five of the world's richest and most powerful hedge fund managers will face a U.S. Congressional panel on Thursday that wants to know if the secretive industry poses risks to the financial system. ... > full story
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Hedge fund assets fell $151b Nov. 12, 2008 (The Straits Times, Singapore) — HEDGE fund assets fell by US$100 billion (S$151 billion) in October as investors withdrew their money and funds were forced to sell stock ...
McDonald's Sees Sales Climb Despite Economy Nov. 12, 2008 (NBC 4 Detroit (WDIV)) — Even in a down economy, consumers still are able to spare money for that Big Mac or perhaps a McLatte.. . Survey: Fast Food Habits Changing? . . ...
McDonald same-store sales rise 8.2 percent Nov. 11, 2008 (Baltimore Sun) — NEW YORK Consumers worldwide who are watching their spending bought more burgers and chicken breakfast biscuits at McDonald's in October, leading ...
"Smart Choices" Labels To Grace Food Packages Oct. 27, 2008 (Food Product Design) — CHICAGO-"Smart Choices" labels will soon be placed on some of the largest foodmakers' products to help consumers make healthier choices, Reuters ...
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