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Congress Approves Down Payment on Health Reform
In addition to providing tax breaks and investing billions to jump start the economy, last month's economic stimulus package supports healthcare for the unemployed and takes steps to modernize the nation's ...
topix.net

HSBC plans £12bn-plus share issue
Bank seeks to strengthen its capital buffers to cope with global downturn
FT.com

Bankruptcy, defaults push CDS auctions to a record high in Feb.
A wave of corporate bankruptcies triggered by the credit crunch and deepening global recession has pushed the number of credit-defaults swaps auctions to record highs, testing the system as it faces increased pressure to establish structures similar to other trading markets.
Market Watch

Gold, Oil, Silver, NatGas: Global Prices
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Mining.com

Canadian Dollar Finally Taken to Task for Interest Rates and Growth
Will the Canadian economy weather the global recession better than its G10 counterparts? Will the central bank holds the nation's benchmark lending rate...
DailyFX

What Message Does Massive Latham Layoff Send?
With a six-month severance package capped at $100,000, Latham & Watkins signaled Friday it means to continue to lead the pack, even when delivering bad news. The offer to 190 associates and 250 staffers is generous by industry standards and could help Latham recruit talent when the economy improves. But some worry that the size of the layoff could hamper Latham's workforce for years. 'It's a very dismal statement of their view of the economy and the likelihood of a turnaround in the short term,' says one recruiter.
Law

Wall Street hits 12-year low
WALL Street fell on news the US economy is worsening and a US government deal to boost its stake in struggling Citigroup.
News.com

US economy suffers sharp nosedive
The US economy shrank by 6.2% in the last three months of 2008 revised official figures show, sending stocks spiralling lower.
BBC

US stocks fall after Citigroup deal
NEW YORK: US stocks plunged Friday as the government took a bigger stake in Citigroup Inc and figures showed the economy shrank at a far greater pace than expected. The Commerce Department said ...
bignewsnetwork.com

Kelyniam Global, Inc.: Kelyniam Effectuates 2:1 Forward Stock Split
LITTLE ROCK, AR (MARKET WIRE) Kelyniam Global, Inc. (PINKSHEETS: KLYG), an advanced Engineering and Rapid Prototyping Company specializing in the use of CADCAM technology, reported today that the company will effectuate a 2:1 forward stock split effective immediately.
Market Wire

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Archived "business - global economy" news stories.

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