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Loss Narrows at Monsanto, Which Sees a Rosy 2009
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The company, the world’s largest seed producer, reported a smaller fourth-quarter loss than last year and said profit might increase on sales of weed killer and gene-modified seeds.
Thu Oct 09, 2008
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Economix: Q & A: The Fed’s Rate Cut
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Answering some basic questions, and some big ones, about today's rate cut.
Thu Oct 09, 2008
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Walgreen Withdraws Offer for Longs Drug
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The drugstore company said it withdrew its unsolicited offer to buy Longs Drug Stores, a smaller rival , citing Longs’ unwillingness to enter into talks.
Thu Oct 09, 2008
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Fed Gives A.I.G. $37.8 Billion Loan
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The loan comes in addition to the $85 billion line of credit the Fed gave the insurer last month.
Wed Oct 08, 2008
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Central Banks Coordinate Global Cut in Interest Rates
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The world’s major central banks, including the Federal Reserve, moved together to stanch the financial crisis.
Wed Oct 08, 2008
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In the Hunt: Economy Stalling Your Business? Shift Gears
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These may not be the best of times to start or run a small business, but one man’s struggle to hang tough may hold lessons for the legions of entrepreneurs.
Wed Oct 08, 2008
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For Dow, Final Swing Was Down
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The markets gyrated throughout the day, with late selling pushing the Dow down about 190 points.
Wed Oct 08, 2008
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F.D.A. Says LabCorp Cancer Test Is Illegal
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The F.D.A. told the company that its blood test to detect ovarian cancer, called OvaSure, requires agency approval before it can be marketed.
Wed Oct 08, 2008
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I.M.F. Calls for Aggressive Response to Crisis
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Governments should forge a coordinated response to the financial crisis, an International Monetary Fund report released on Tuesday said.
Wed Oct 08, 2008
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Employees Take Cuts to Save Newark Star-Ledger
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After employees agreed to buyouts and concessions, the owners of The Star-Ledger said the paper would not change hands or go out of business.
Wed Oct 08, 2008
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Citigroup and Wells Fargo Extend Wachovia Talks
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The two banks said that they had agreed to extend their legal standstill in the fight for Wachovia until Friday morning.
Wed Oct 08, 2008
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Quarterly Loss Shrinks as Sales Soar at Monsanto
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The agricultural company cited record revenue, as herbicide and seed sales climbed.
Wed Oct 08, 2008
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A.M.D.’s New Investors Make Big Bet on Chip Plants
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The government of Abu Dhabi is betting billions of dollars that it can conquer one of the world’s toughest businesses.
Wed Oct 08, 2008
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Britain Announces Huge Bank Bailout
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As European leaders continued to clash over measures to ease the financial crisis, Britain announced a multibillion-dollar bailout for its banks.
Wed Oct 08, 2008
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Theaters Monitoring Wall Street Drama
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For people who work in and around Broadway, as for pretty much everyone else in the country, the main stage in recent weeks has been on Wall Street.
Wed Oct 08, 2008
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Editor of Note, Perched Online
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Tina Brown’s new Web site, The Daily Beast, is aiming to be a smaller, less chaotic version of the World Wide Web itself.
Wed Oct 08, 2008
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Google Puts Tunes From YouTube a Click Away
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Google introduced a new type of e-commerce ad that YouTube users can click to buy digital goods from Apple’s iTunes or Amazon.com.
Wed Oct 08, 2008
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September Retail Sales Reflect the Slowdown
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Wallets snapped shut in the last month as consumers faced a plunging stock market and home prices.
Wed Oct 08, 2008
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With Bonds in Trouble, States Seek Federal Help
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California and other states scrambled to cope with bills coming due as they pressed Washington for assistance because the municipal bond markets remain largely closed to them.
Wed Oct 08, 2008
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A Debate as a Ban on Short-Selling Ends: Did It Make Any Difference?
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The end of the ban, on Wednesday night, is not expected to spark another plunge in the stock market, but some steps remain in place to hem short-sellers.
Wed Oct 08, 2008
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U.S. Markets Plunge Despite Hint of Rate Cut
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Wall Street extended its heavy losses on Tuesday despite reassurances from the Fed chairman that the central bank was prepared to lower interest rates.
Wed Oct 08, 2008
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An Unexpected Rise in Home Sales in August
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Pending home sales rose 7.4 percent from July to August, the National Association of Realtors said. It was a surprising piece of positive news for the battered housing market.
Wed Oct 08, 2008
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Square Feet: Bank Mergers Spell Change for Branches in Manhattan
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As banks merge, maps of their branches in Manhattan show overlap for many formerly competing banks, which means closings might follow.
Wed Oct 08, 2008
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Airline to Filter Internet Service
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American Airlines took the decision after complaints from flight attendants and passengers that users were visiting pornography Web sites.
Wed Oct 08, 2008
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Man Kills His Family and Himself Over Market
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In a suicide note, Karthik Rajaram wrote that he had considered killing only himself because of his financial troubles, but decided to take his family with him.
Wed Oct 08, 2008
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Facing a Financial Crisis, European Nations Put Self-Interest First
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As the financial storm spread, some of the 27 nations that make up the European Union have broken ranks to protect their own citizens and banks.
Wed Oct 08, 2008
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Economic Scene: Ignoring Reality Has a Price
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As expensive as the damage control may be, it isn’t likely to cost near as much as the headline numbers suggest.
Wed Oct 08, 2008
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Forget Logic; Fear Appears to Have Edge
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The markets have become a case study in crowd psychology, experts say, as investors seem to be selling first and asking questions later.
Wed Oct 08, 2008
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Experts Conclude Pfizer Manipulated Studies
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The drug maker manipulated the publication of studies to bolster use of its epilepsy drug Neurontin, according to expert witnesses in a lawsuit against the company.
Wed Oct 08, 2008
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30 Hurt as Australian Flight Hits Turbulence
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The Qantas passenger jet flying from Singapore to Perth made an emergency landing at a remote Australian airport after the incident, officials said.
Wed Oct 08, 2008
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As Newspapers Cut Costs, a Thinning of the Guard Among Albany’s Press Corps
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The journalistic exodus raises questions about whether politicians and special interests in Albany will be given the scrutiny they merit.
Wed Oct 08, 2008
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European Legislators Back Emissions Rules
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European Union legislators voted in favor of laws aimed at reducing greenhouse gas emissions, but frustrated some environmental advocates by taking steps to ease the burden on industry.
Wed Oct 08, 2008
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Europe Prepares Consumer Rights Plan
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The proposal to guarantee consumer rights for all European Union members is expected to help spur shopping online and across national borders.
Wed Oct 08, 2008
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Sales From the Crypt (or Whatever Space He Can Manage to Rent)
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Ricky’s, a chain of beauty supply stores, has trouble finding temporary space for its yearly Halloween-linked temporary store expansion, despite offers to pay the two-month rent upfront.
Wed Oct 08, 2008
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HBOS Sells Two Units in Australia
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The Commonwealth Bank of Australia, the nation’s biggest provider of mortgages, agreed to buy Australian units from HBOS, the British bank, for $1.5 billion.
Wed Oct 08, 2008
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