Bank of America Corp. and JPMorgan Chase & Co. led five of the six biggest U.S. credit-card issuers in reporting that late payments fell or held steady in February, signaling a retreat from record industry losses.
Chelsea’s search for a stadium naming rights deal is being led by an American sports agency that recently hired the Premier League club’s former chief executive. Creative Artists Agency, whose European operation is headed by Peter Kenyon, is tasked with…
Premier League – Peter Kenyon – Chelsea F.C. – Creative Artists Agency – Chelsea
Harsh winter weather and competition from deeply discounted foreclosures are putting a damper on sales prospects for homebuilders. The National Association of Home Builders said Monday its housing market index, which tracks industry confidence, slipped this…
National Association of Home Builders – Trade association – Washington – Home Builders – Business
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Homebuilder sentiment index falls in March
WASHINGTON (Reuters) – President Barack Obama faced growing congressional pressure on Monday to get tough with China over its currency practices, one day after Chinese Premier Wen Jiabao brushed off accusations that Beijing was undervaluing its currency for an unfair trade advantage.
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U.S. lawmakers press for action on China currency
NEW YORK (Reuters) – Don’t assume that “suggested” retail price on the store shelf is the price that shoppers typically pay.
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Carter’s wins lawsuit alleging it inflates prices
CHICAGO (Reuters) – Boston Scientific Corp suspended sales of its implantable heart defibrillators on Monday after failing to notify regulators of changes in how it manufactures the devices, sending shares down as much as 19 percent to a one-year low.
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Boston Scientific suspends ICD sales, shares slump
WASHINGTON (Reuters) – The Federal Reserve would gain new powers over non-bank financial firms and keep much of its authority over banks under a new bill on financial regulatory reform unveiled on Monday by the chairman of the Senate Banking Committee, Christopher Dodd.
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Dodd boosts Fed in new financial reforms
PepsiCo Inc., the world’s biggest maker of snack food, said it plans to buy back as much as $15 billion in common stock over three years and increased its annual dividend to return cash to investors.
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PepsiCo Plans $15 Billion Buyback, Boosts Dividend (Update1)
PepsiCo Inc., the world’s biggest maker of snack food, said it plans to buy back as much as $15 billion in common stock over three years and increased its annual dividend to return cash to investors.
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PepsiCo Plans $15 Billion Buyback, Boosts Dividend (Update1)
Target-date funds did better than balanced mutual funds in retirement plans and continue to attract investments, Morningstar, the Chicago-based equity- market researcher, said today.
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Target-Date Funds Outperform Peers, Morningstar Says (Update2)
Target-date funds did better than balanced mutual funds in retirement plans and continue to attract investments, Morningstar, the Chicago-based equity- market researcher, said today.
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Target-Date Funds Outperform Peers, Morningstar Says (Update2)
NEW YORK (Reuters) – The former president of New York’s privately held Park Avenue Bank was arrested and charged on Monday with being the first person to attempt to steal from U.S. government bailout funds in the financial crisis.
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Ex-NY bank president first accused of TARP fraud
NEW YORK (Reuters) – The former president of New York’s privately held Park Avenue Bank was arrested and charged on Monday with being the first person to attempt to steal from U.S. government bailout funds in the financial crisis.
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Ex-NY bank president first accused of TARP fraud
WASHINGTON (Reuters) – Senate Banking Committee Chairman Christopher Dodd on Monday unveiled a bill to revamp U.S. financial rules that would place a consumer protection agency within the Federal Reserve and give the central bank new powers over non-bank financial firms.
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Dodd unveils bill that puts consumer agency at Fed
DynCorp International Inc. may get a chance to win two U.S. Army contracts for $1.6 billion to train Afghan police.
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DynCorp May Get Chance to Win $1.6 Billion Training Contracts