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New York State Attorney General Andrew Cuomo Thursday brought a multi-billion dollar civil lawsuit against the Swiss banking giant UBS for allegedly pushing everyday investors into buying troubled auction-rate securities.
WASHINGTON (Reuters) - Housing market rescue legislation cleared a procedural test vote in the U.S. Senate on Friday ahead of final passage expected on Saturday, and lawmakers asked banks to suspend further foreclosures until a...
NEW YORK (AP) — Oil prices sank to their lowest point in weeks Friday as investors questioned whether crude has cooled enough to reflect a serious deterioration in demand. Earlier the contract dropped as far as $122.50, its...
By Michael Liedtke, Associated Press SAN FRANCISCO — Netflix's (NFLX) second-quarter profit crept up 4%, beating analyst expectations as the online DVD rental leader signed up 168,000 new customers while spending less money to...
By Associated Press Friday, July 25, 2008 - Added 8m ago WASHINGTON - Senate Democrats failed today to advance a measure to rein in oil market speculators, one of a series of efforts to tell voters they are serious about...
Other commodities traded mixed. Gold for August delivery rose $3.50 to settle at $926.80 an ounce on the New York Mercantile Exchange, after earlier rising as high as $935.20 an ounce. Today in Business with Reuters The dollar...
Communist government encourages Internet use for business and education China's booming Internet population has surpassed the United States to become the world's biggest, with 253 million people online despite government...
