Business News
IMF Urges Beijing to Ready Bold Moves
The International Monetary Fund urged China to run a federal deficit of 2% of GDP rather than looking to reduce the country's deficit as planned, given the uncertainty in the global economy.
Categories: Business News
7 Easy Ways to Save Money on Gas This Week
Making a few changes to your driving habits could help cut some commuting costs.
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Does Debt Transfer to Heirs? What to Know When a Loved One Passes
Tips for managing the deceased's estate
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Though Controversial, LL.M.'s Can Lead to Specialized Legal Jobs
In areas such as tax or securities law, experts say an LL.M. can add value to a J.D.
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Nabors Ex-CEO Waives Right to $100 Million
Nabors said its former Chief Executive Eugene Isenberg agreed to terminate his employment pact and will waive his claim to a $100 million payment.
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Earthquake Triggers Landslides, Kills 43 in Central Philippines
An earthquake struck the central Philippines, damaging homes and bridges and triggering landslides and killing at least 43 people, the military said.
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Greece Seeking Second Rescue Faces Battle to Stay in Euro
Greece’s fight to win its second international bailout may only open a new chapter in its struggle to remain in the euro area.
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Hospices Dumping Patients While Escaping Millions Owed to U.S.
Lois Armstrong and David Daucher closed their for-profit hospice in October to get out from under more than $27 million in refunds it owed the federal Medicare program, they said.
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Foreclosure Deal Deadline Arrives as States Consider Releases
States that balked at bank liability releases in a proposed $25 billion nationwide settlement over foreclosure practices must decide by today whether its mortgage relief and reforms are worth the legal claims they’ll give up.
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Humana's Net Jumps 86%
Humana's earnings surged 86% as the health insurer continued to benefit from membership growth and light use of health benefits.
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Teen Dating Violence in Focus This Month
One in 10 high school students reports physical abuse from their partner, says President Obama.
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Air France Cancels Two-Thirds of Flights Because of Pilot Strike
Air France scrapped two-thirds of scheduled flights today as a strike by pilots, cabin crew and ground staff over changes to rules governing labor protests forced hundreds of cancellations.
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Wall Street Split as Money Managers Fault Bank Foreclosure Deal
Wall Street’s biggest lobbying group is split over a proposed settlement of state and federal foreclosure probes, after a committee of money managers signaled it opposes terms letting banks push some costs onto bondholders.
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Hasbro's Net Edges Lower
Hasbro's earnings slipped as the toy maker booked double-digit sales declines in the girls and games categories.
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Indonesia Mutual Funds May Grow 20% This Year, Group Says
Indonesian mutual-fund assets will probably expand at a faster pace this year as overseas investors increase stock purchases after the country regained its investment grade, an industry group said.
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India Prepared for Rate Cut on Visible Easing Inflation: Economy
Reserve Bank of India Deputy Governor Subir Gokarn said the monetary authority will cut interest rates once it’s confident inflation will keep slowing.
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Motorola Mobility Wins Second German Ruling Against Apple
Motorola Mobility Holdings Inc. won a German patent ruling over Apple Inc.’s iCloud service that may allow the company to block sales of devices including iPhone and iPad in the country if they use the software that accesses it.
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Citigroup to Issue China Credit Cards
Citigroup said it will issue credit cards on its own in China, as it looks to capitalize on the country's increasing consumption power as well as expand in the world's second-largest economy.
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Lazard Swings To Loss
Lazard swung to a loss in the fourth quarter as the midsize investment bank struggled under a slump in advisory revenue and a slowdown in its asset-management business.
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U.S. Futures Drop
U.S. stock futures dropped as party leaders in Greece struggled to agree on another dose of painful austerity measures and the threat of default loomed large once again.
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