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British Study Madoff Payments to Austrian Banker
New York Times
LONDON ? British authorities have started an investigation into millions of dollars of payments from the operations of the convicted money manager Bernard L. Madoff to companies linked to the Austrian banker Sonja Kohn, ...
Medici lawyer says Kohn didn't get Madoff paymentsReuters
Madoff Kickbacks Alleged in AustriaWall Street Journal
Madoff kickbacks alleged in Austria: WSJMarketWatch
myfoxny.com -This is London -Bloomberg
all 57 news articles »

Talking Business Ire at Madoff Swings Toward the Referee
New York Times
Bernard L. Madoff, left, at a hearing in March. At right, victims of his fraud, Judith Welling and Dewitt Baker, spoke after Mr. Madoff's sentencing on Monday. By JOE NOCERA The victims of Bernard L. Madoff, who was sentenced to 150 years in prison on ...
Madoff investors rush to beat reimbursement claims deadlineLos Angeles Times
Marshals Arrive, Ruth Madoff Leaves as Manhattan Home Is SeizedBloomberg
Madoff money in the hands of Durfee gradFall River Herald News
The Associated Press -guardian.co.uk -The Epoch Times
all 852 news articles »

British Airways Extends Capacity Cuts, Delays Planes
Bloomberg
July 3 (Bloomberg) -- British Airways Plc, Europe's third- largest airline, will extend capacity reductions, ground planes and delay deliveries of superjumbo aircraft as demand for air travel shows scant signs of rebounding amid the ...
BA Cuts Capacity, Delays Aircraft; Cuts CapExWall Street Journal
Airline BA to cut capacity, delay new planesThe Associated Press
British Airways June passenger traffic fell 3.8%MarketWatch
Forbes -BBC News -Reuters
all 189 news articles »

For Banks, Wads of Cash and Loads of Trouble
New York Times
A BOOM'S LEFTOVERS Once flush with cash, Security Bank in Macon, Ga., built a sprawling new headquarters. As the bank struggles to survive, the office is empty and in need of a tenant. By ERIC LIPTON and ANDREW MARTIN MACON, Ga. ...
Seven US Banks Seized in Busiest Year for Closures Since 1992Bloomberg
US regulators close seven banksReuters
Bank failures accelerate with more troubled loansBerkshire Eagle
Freeport Journal-Standard -TheStreet.com -Wall Street Journal
all 344 news articles »

Job Losses Dampen Hopes for Recovery
Washington Post
Mounting job losses rattled hopes yesterday that the economy is on track to grow later this year, showing that prospects for American workers are terrible -- and still getting worse. Employers reduced their payrolls by 467000 jobs in June ...
US jobless rate hits 26-year high of 9.5 percentMiamiHerald.com
With High Unemployment Comes High Hiring RatesNY1
Joblessness Hits 9.5%, Deflating Recovery HopesNew York Times
CharlotteObserver.com -Baltimore Sun -Monitor
all 1,273 news articles »

Oil's record high, one year later
CNNMoney.com
Crude is less than half its $145 peak of last July 3 - as a global economic slowdown zaps demand. By Catherine Clifford, CNNMoney.com staff writer Facing technical challenges and a weak market, many of Silicon Valley's electric-car startups are ...
OIL FUTURES: Crude Slides Below $67 On Payroll DataWall Street Journal
NYMEX-Crude skids almost 4 pct as jobless ranks upReuters
Oil hovers above $66 after weak jobs dataThe Associated Press
Boston Globe -MarketWatch -Bloomberg
all 1,335 news articles »

Euro-Zone Retail Sales Slip in May
Wall Street Journal
LONDON -- Retail sales in the 16 countries that use the euro resumed their long decline in May, having risen in April. The European Union's statistics agency Eurostat Friday said the volume of retail sales in the euro zone fell by 0.4% ...
Eurozone retail sales post fallBBC News
Euro zone May retail sales fall more than expectedguardian.co.uk
Euro-Zone Unemployment Rate Hits 10-Year HighTopNews United States
RTT News -The Associated Press -MarketWatch
all 348 news articles »

China fund to buy $1.5 bln stake in Canadian miner
AFP
BEIJING (AFP) ? China's sovereign wealth fund said it would buy 1.5 billion dollars worth of shares of the Canadian mining company Teck Resources Ltd. The purchase by the China Investment Corp would amount to a 17.2 percent equity stake in Teck, ...
Teck Sells 17% Stake to China Fund for C$1.74 BillionBloomberg
Teck Resources Sells 17% Stake to CICWall Street Journal
China takes minority stake in Canadian minerMarketWatch
Reuters -The Associated Press -EasyBourse.com
all 255 news articles »

Tilson Talks Mortgage Default
Forbes
Our hedge funds--well, lately, meaning this year, our hedge funds are 20% gross year-to-date through yesterday, and our mutual fund is up I think something like 31%. So our mutual fund is one of the top-performing ones in its category this year. ...
Mortgage rates fall slightlyBizjournals.com
Mortgage rates dip, but still far from lowsNew York Daily News
US mortgage rates fall in Freddie Mac surveyReuters
Seattle Times -Wall Street Journal -TopNews United States
all 147 news articles »

Ford sales jump, rest of Canada auto sector slumps
Reuters
By John mccrank TORONTO, July 2 (Reuters) - Ford Motor Co (FN) of Canada was the number one selling automaker in the country for the first time in 50 years as it posted a 25 percent jump in sales in June over a year earlier, the company said on ...
Ford Canada sales jump 25 percent in JuneThe Associated Press
US June Auto Sales May Reach Highest Rate This YearBloomberg
Car Makers See End to Sales SlideWall Street Journal
CNNMoney.com -MarketWatch
all 1,066 news articles »

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