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Archive for 'business'

Pay gap persists for African-Americans

August 4, 2010

African-American workers continue to earn far less than whites, according to statistics released by the U.S. Census Bureau.
Furthermore, little progress has been made […]

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Public and private officials weigh in on St. Louis job outlook

June 12, 2010

HOWARD WALL, director, Center for Regional Economics, Federal Reserve Bank of St. Louis
Wall has a message for the gainfully employed who have managed […]

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Surprise jump in jobless claims

May 24, 2010

The number of first-time filers for unemployment insurance rose last week for the first time in a month, according to a weekly government report […]

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Baker Hughes wins patent infringement suit

May 8, 2010

Baker Hughes Inc. has won a trade infringement lawsuit against Varel International Energy Services over a drill bit design.
Houston-based Baker Hughes (NYSE: BHI) was the […]

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Hanley named new president, CEO of ExpressJet Holdings

April 22, 2010

Thomas Hanley has been named the new president and chief executive officer of ExpressJet Holdings Inc., effective immediately.
Hanley replaces T. Patrick Kelly, interim president and […]

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Kentucky’s March jobless rate recedes to 10.7 percent

April 17, 2010

Kentucky’s seasonally adjusted preliminary unemployment rate for March declined to 10.7 percent from a revised 10.9 percent in February.
The March jobless rate increased from 10.1 […]

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Some execs get ‘pity’ bonus

March 11, 2010

Maybe you missed your earnings target last year or your stock was crushed. But if you’re a corporate executive, that might not necessarily prohibit […]

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IMF Says India Can Raise Rates Gradually as ‘Conditions Ripe’

February 7, 2010

India can gradually start raising interest rates as Asia’s third-largest economy is among the first to recover after the global financial crisis, the International […]

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Japan’s Recovery Failing to Spread, BOJ’s Chief Economist Says

February 2, 2010

Japan’s economy is far from achieving self-sustained growth as the export-led recovery fails to spur spending at home, according to Kazuo Momma, the Bank […]

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Fed Proposes Selling Term Deposits to Absorb Excess Reserves

December 30, 2009

The Federal Reserve proposed a program to sell term deposits to banks to absorb some of the banking system’s $1 trillion in excess reserves […]

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