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Oil prices drop below $124 a barrel
Oil prices dropped below $124 a barrel on profit-taking Tuesday in Asia after hitting another trading record in the previous session.
Chinese bourses suspend quake zone firms
Chinese shares fell Tuesday and the country's two stock exchanges suspended trading in 66 companies based in the region hit by a major earthquake in an effort to minimize potential disruptions to financial ...
Chinese bourses suspend quake zone firms
China's two stock exchanges suspended trading Tuesday in 66 companies based in the region hit by a major earthquake in an effort to minimize potential disruptions to financial markets.
Australia's St. George Bank agrees to Westpac bid
St. George Bank on Tuesday agreed to an 18.6 billion Australian dollar takeover offer from Westpac Banking Corp.
1 in 10 boomers borrowing for everyday expenses
The economic downturn is hitting roughly one in 10 middle-aged and older Americans especially hard, compelling them to borrow money for everyday living expenses and to seek help from family, friends or ...
Former CEO asks AIG to postpone annual meeting
Maurice R. Greenberg, the former chief executive and largest individual shareholder of AIG, says the insurer is 'in crisis' and urged it to postpone its annual meeting in the wake of its massive first-quarter ...
Old gas pumps can't handle ever-rising prices
Mom-and-pop service stations are running into a problem as gasoline marches toward $4 a gallon: Thousands of old-fashioned pumps can't register more than $3.99 on their spinning mechanical dials.
Use of wind energy expected to grow dramatically
Two decades from now Americans could get as much electricity from windmills as from nuclear power plants, according to a government report that lays out a possible plan for wind energy growth.
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