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Wholesale inventories fall while sales increase

Businesses trimmed inventories at the wholesale level again in January even though sales rose for a 10th consecutive month. The dip in inventories underscored that businesses remain cautious about restocking their depleted shelves.
Wed, 10 Mar 2010 15:15:40 GMT
Image for Stocks rise after inventories fall but sales gain

Stocks rise after inventories fall but sales gain

Stocks edged higher Wednesday after the government said businesses trimmed their inventories again in January.
Wed, 10 Mar 2010 15:40:21 GMT

Terra favoring CF over Yara in buyer battle

Fertilizer company Terra Industries said Wednesday its board favors a bid to be acquired by CF Industries instead of a previous agreement with Norway's Yara.
Wed, 10 Mar 2010 15:20:59 GMT
Image for Runaway Prius driver: Brakes were 'almost burned'

Runaway Prius driver: Brakes were 'almost burned'

Before he called 911, James Sikes says he reached down with his hand to loosen the "stuck" accelerator on his 2008 Toyota Prius, his other hand on the steering wheel. The pedal didn't move.
Wed, 10 Mar 2010 14:59:18 GMT

Senate to pass jobless aid, business tax breaks

Legislation blending help for the jobless with popular tax breaks for businesses and individuals is slated to pass the Senate Wednesday over protests from conservatives who say it adds too much to the $12.5 trillion national debt.
Wed, 10 Mar 2010 12:30:28 GMT
Image for Bank of America ends overdraft fees on debit cards

Bank of America ends overdraft fees on debit cards

Bank of America customers will soon be unable to spend more than they have in the accounts linked to their debit cards. It's a step that may become a common move ahead of new regulations limiting overdraft fees.
Wed, 10 Mar 2010 11:45:22 GMT

U.S. SEC's chief economist to leave agency March 31

Reuters - The U.S. Securities and Exchange Commission's chief economist, James Overdahl, will be leaving at the end of the month, he said on Tuesday.
Tue, 09 Mar 2010 20:15:45 GMT
Image for Brown says UK to maintain AAA credit rating

Brown says UK to maintain AAA credit rating

Reuters - Prime Minister Gordon Brown said on Wednesday he believed Britain would maintain its coveted top credit rating and announced a pay freeze for senior civil servants and military officers to help tame a record deficit.
Wed, 10 Mar 2010 14:25:56 GMT

Presstek posts larger 4Q loss but trims costs

Digital printing products maker Presstek Inc. posted a larger fourth-quarter loss Wednesday as revenues sank, though it said its overall financial position has grown stronger.
Wed, 10 Mar 2010 15:45:53 GMT

Turkey, IMF end loan talks

Turkey says it and the International Monetary Fund have mutually agreed to call off talks for a loan.
Wed, 10 Mar 2010 13:53:26 GMT
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