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WASHINGTON (Reuters) – President Barack Obama said on Saturday this week’s positive job and economic growth figures proved that his big spending efforts to stimulate the economy were working.
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OMEGNA, Italy (Reuters) – A giant silver teapot shines in the pale sun outside the Alessi factory, its scale a measure of how in the 1980s and 90s Italian kitchenware, from espresso-makers to lemon-squeezers, grew into objects of desire.
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WASHINGTON (Reuters) — Move over Switzerland. The tiny state of Delaware beats the Alpine country in a contest for the most secretive financial jurisdiction, a tax justice rights group said on Saturday.
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NEW YORK (Reuters) – The Securities and Exchange Commission is in settlement talks with several large financial institutions to resolve investigations into the awarding of municipal investment contracts, the Wall Street Journal reported on Saturday.
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BOSTON (Reuters) – A former top executive at hedge fund firm ValueAct Capital is one of seven people charged with trading on inside information in Acxiom Corp.
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WASHINGTON (Reuters) – President Barack Obama said on Saturday this week’s positive job and economic growth figures proved that his big spending efforts to stimulate the economy were working.
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BEIJING/SHANGHAI (Reuters) – China’s exports face a “hard and tortuous” path to recovery as uncertainties dog the global economy’s gradual return to health, with this year’s trade surplus set to shrink from last year’s record, the Commerce Ministry said.
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LOS ANGELES (Reuters) – U.S. authorities seized nine failed banks on Friday, the most in a single day since the financial crisis began and the latest stark sign that substantial parts of the nation’s banking industry are being crippled by bad loans.
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NEW YORK (Reuters) – CIT Group has met at least one of the hurdles necessary to file for a prepackaged bankruptcy, sources said, bringing the commercial lender one step closer to the fast bankruptcy process it is seeking to lower its liabilities and get back to health.
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WASHINGTON (Reuters) – Federal Reserve officials are scheduled to meet with bank executives on Monday to discuss executive pay at large financial firms, a Fed spokesperson said on Friday.
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