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Monthly Archive June, 2009

General Motors to seek approval to sell itself

June 30, 2009

General Motors Corp is heading to bankruptcy court on Tuesday to seek approval to sell its assets to a “New GM” in a plan […]

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Google CEO says worst of crisis is over

June 27, 2009

CANNES–A U.S. recovery is likely to begin this autumn, the worst of the crisis has passed and it is "reasonable to be optimistic for […]

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Nigerian rebels say hit Shell site despite amnesty

June 26, 2009

Nigeria’s main militant group said it had blown up a well-head in a Royal Dutch Shell oil field in Delta state late on Thursday, […]

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Peabody eyes mining opportunity in northwest China

June 24, 2009

Peabody Energy Corp. said it is considering an investment in a large new surface mine in the coal-rich Xinjiang Uygur autonomous region of northwestern […]

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Moody’s eyes U.S. debt path when mulling AAA rating

June 23, 2009

Moody’s Investors Service said on Tuesday that the U.S. government’s triple-A credit rating was safe but added that it could be at risk if […]

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How much is enough? Maybe not as much as you thought

June 22, 2009

I have enough. I hope you find you do, too, when you consider what’s really important in your life.
I’ve pondered the question of […]

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Chancellor Merkel Sees German Economy Near Bottom, AP Reports

June 21, 2009

Chancellor Angela Merkel said the slumping German economy has nearly hit bottom and will unlikely recover quickly, the AP reported, citing a speech she […]

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U.K. Income Improves for Households With Jobs, Report Shows

June 19, 2009

U.K. families unaffected by job losses have enjoyed a 25 percent increase in spending money in the past year after mortgage costs and energy […]

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MySpace to cut 30% of workforce

June 18, 2009

Social networking site MySpace said Tuesday that it plans to slash nearly 30% of its workforce, leaving it with 1,000 employees.
Once the world’s largest […]

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Recession fears cripple stocks

June 17, 2009

Stocks slumped Monday as weaker oil prices and more geopolitical unrest raised worries that the recession may not be waning as soon as some […]

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