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Small Business: Don’t Bank on the Stimulus

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Rebuilding America’s Job Machine

HOUSTON/SAN FRANCISCO (Reuters) – Oil giants Exxon Mobil Corp and Chevron Corp posted higher-than-expected quarterly earnings on Friday as refining profits helped offset a steep decline in crude oil prices.

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Exxon, Chevron profits top view

Finding Funding for a Real Estate Venture

NEW YORK (Reuters) – Stocks fell on Friday hit by news that the economy shrank at its fastest pace in nearly 27 years while economic data and downbeat earnings added to investors’ worries about the predicament of industries and consumers.

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Wall St falls as economy shrinks

Newspaper publisher A.H. Belo Corp. says it will lay off 500 workers, or about 14 percent of its work force, to cope with declining revenue. Chief Executive Robert Decherd informed staff in a memo on Friday and said details would be available by mid-February….

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A.H. Belo to lay off 500 workers, 14 percent cut

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Obama Boosts Unions With Task Force

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How to Vet a Merchant Cash Advance Provider

DAVOS, Switzerland (Reuters) – Top executives meeting in Davos say the bonus culture that drove financial investments on Wall Street faces a major overhaul as bankers humbled by the financial crisis prepare to curb excessive pay.

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CEOs say overhaul of bank bonuses on the cards

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Russia Harbors Bold Arctic Plans

NEW YORK (Reuters) – Stocks fell on Friday after news that the economy shrank at its fastest pace in nearly 27 years while downbeat data and earnings reinforced apprehension about the plight of consumers and manufacturers.

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Weak economy, consumer anxiety hurts Wall Street

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OPEC: Oil Price Should Be Doubled

The Justice Department says it foiled a plot by a fired Fannie Mae contract worker in Maryland to destroy all the data on the mortgage giant’s 4,000 computer servers nationwide. The U.S. Attorney’s Office says 35-year-old Rajendrasinh Makwana, of Glen Allen,…

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Feds allege plot to destroy Fannie Mae data

The often chaotic and wasteful $125 billion international rebuilding effort in Iraq will face new trouble and uncertainty this year despite the decline in violence there, a new report said Friday. A separate report on Afghanistan said there is no coherent…

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Iraq, Afghan auditors issue quarterly reports

Turkish Anger at Davos