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Finance History 2010-02-16 (16 February 2010 ) |
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| In January, the Supreme Court threw out decades of campaign finance law. The decision opened the door to corporations to spend freely in support of candidates in coming elections. Guests discuss how the decision will influence the midterm elections. | |
| NEW YORK -- Shares of some top finance companies are up at noon: Bank of America rose $.46 or percent, to $. Citigroup rose $.09 or percent, to $. JPMorgan Chase rose $.38 or percent, to $. | |
| Feb. 16 (Bloomberg) -- Slovenia’s economy may expand as much as 2 percent this year, twice as fast as the government’s current forecast, Finance Minister Franc Krizanic said. | |
| NEW YORK -- Shares of some top finance companies are up at 10 .: Bank of America rose $.25 or percent, to $. Citigroup rose $.06 or percent, to $. JPMorgan Chase rose $.09 or .2 percent, to $. | |
| Greek Finance Ministry Workers Strike Over Wage Cuts,Tax Hikes | |
| Feb. 16 (Bloomberg) -- Tata Motors Ltd. , India’s biggest truckmaker, plans to sell a stake in its vehicle-finance unit as it seeks funds to repay debts. | |
| The Legislature's Joint Finance Committee agreed Tuesday to accept $822 million in federal stimulus funds for high-speed rail linking Madison, Milwaukee and Chicago, but not before lawmakers wrangled over whether the project was necessary. | |
| Nearly 60 per cent of businesses that sought bank finance had their requests turned down last year, a survey by the Institute of Directors (IoD) claims. | |
| Feb. 16 (Bloomberg) -- European finance ministers are prepared to impose deeper deficit cuts on Greece and refused to say how they would make good on a pledge to rescue the nation if it can’t finance its debt. | |
| European finance ministers told Greece on Tuesday it may need to take further steps to bring a swollen debt under control and calm "irrational" financial markets, as wage cuts already announced by Athens sparked another strike. |
Economic History
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| Adults are not the only people worried about the impact of the recession, children are also aware of the economic downturn, according to a new study. | |
| Stocks rose 1 percent on Tuesday as the latest batch of corporate earnings and data on manufacturing in New York state improved the profit and economic outlook. | |
| Lawmakers are weighing the creation of a group aimed at making Georgia more attractive to business. The Senate approved 50-0 a legislative oversight committee that would be called the Economic Development Council. | |
| A look at economic developments and activity in major stock markets around the world Tuesday: ------ BRUSSELS -- Greece has only days to explain its use of complex financial deals that it used to mask debt and just a month to prove that its budget cuts go far enough to reassure markets and European Union governments, who are reluctant to bail Athens out if it can't pay its bills. | |
| A look at economic developments and activity in major stock markets around the world Tuesday: | |
| TORONTO - The Toronto stock market was off to a positive start to the trading week Tuesday as commodity prices ran ahead on . dollar weakness and some bullish economic data. | |
| Data from a study conducted by the Battelle Memorial Institute show Mayo Clinic is responsible for $22 billion in economic impact nationwide, including $ billion in Minnesota. The $ billion impact in Minnesota is larger than that of the hotel and lodging industry ($ billion), motor vehicle manufacturing ($ billion) or professional sports ($717 million). | |
| Feb. 16 (Bloomberg) -- Bharti Airtel Ltd.’s offer to buy Zain’s African assets is fair to both companies, Nasser Al-Kharafi, head of the Kharafi Group, said in an interview with the Economic Times newspaper. | |
| Greeks have been putting their economic woes behind them by getting rid of their frustrations with a mass flour fight. | |
| Source: IPS Fresh from a whirlwind tour of non-stop meetings at the World Economic Forum in Davos and a .investor summit on climate risk attended by George Soros, Al Gore, and 500 of the world's most powerful institutional and private investors, Mindy Lubber has a full plate. |
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