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Stocks End Week With Moonshot Rally

Posted: 09/22/2008 - It was a week that Wall Street that will long remember, beginning with the failure of Lehman Brothers and capped with the government's rescue plan.

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Mutual Fund Protection Changed

Posted: 09/22/2008 - The Bush administration is making a significant change to its still-evolving plan for rescuing the financial industry.

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Tyson Announces Expansion In Brazil

Posted: 09/18/2008 - Tyson Foods Inc. says it's bought two poultry companies and has acquired majority ownership in a third in southern Brazil, home to the country's biggest producers of corn and soybeans.

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Asian Stocks Tumble

Posted: 09/18/2008 - Asian stocks tumbled Thursday, tracking declines on Wall Street.

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Declines Continue After AIG Bailout

Posted: 09/18/2008 - Stock prices plunged again in the latest session as investors bet that the financial crisis could claim more casualties.

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Shares Plunge

Posted: 09/18/2008 - Shares of Goldman Sachs and Morgan Stanley both plunged Wednesday.

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Reports Due Today

Posted: 09/18/2008 - Before today's opening bell on Wall Street, the Labor Department will release new weekly figures on unemployment claims.

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Bush Cancels Trip Thursday To Work On Economy

Posted: 09/18/2008 - The White House says President Bush is canceling a planned trip to Alabama and Florida today to consult with his economic advisers in Washington.

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Crude Slips

Posted: 09/18/2008 - Oil prices fell Thursday in Asia to around $96 a barrel.

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Wall Street Hits A Seven Year Low

Posted: 09/15/2008 - Wall Street dropped precipitously today, with the Dow Jones industrials suffering their worst point drop since 9/11.

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Wendy's, Triac Approve Takeover

Posted: 09/15/2008 - Shareholders of Wendy's and Triarc have approved a 2.3 billion dollar deal to make the nation's No. 3 hamburger chain a part of billionaire investor Nelson Peltz's empire.

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Crude Drops Below $100

Posted: 09/15/2008 - Oil prices have dropped to a seven-month low, now below $100 a barrel.

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New York Allows AIG To Borrow From Subsidiaries

Posted: 09/15/2008 - New York's governor says he will allow American International Group Inc. to use 20 billion dollars in subsidiary company assets to provide the cash needed for the troubled insurer to stay in business.

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Stocks Down, But Not Out

Posted: 09/15/2008 - Stock prices are lower as investors react to the dramatic news of the bankruptcy for Lehman Brothers and the sale of Merrill Lynch.

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Ike Destroys Numerous Gulf Platforms

Updated: 09/14/2008 - Federal officials say it appears Hurricane Ike destroyed a number of production platforms and damaged some of the pipelines in the Gulf of Mexico.

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Former UnitedHealth CEO Settles Options Lawsuit

Posted: 09/10/2008 - Former UnitedHealth Group Chief Executive William McGuire will pay 30 million dollars and return more than 3 million shares of stock options to settle a class-action lawsuit.

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