29
AUG
2012

Bank of America Simplifies Fee Disclosure Amid Pressure – Wall Street Journal (blog)

By Maya Jackson Randall – August 29, 2012 Bank of America Corp BAC +5.39%. is joining a handful of other large banks that have decided to make checking-account terms and fees easier for consumers to understand. For more than a year now, an arm of nonprofit Pew Charitable Trusts
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28
AUG
2012

Here’s where Medicare could really save some money

By Mark Miller – August 28, 2012 (Reuters) – Question: What do you call Obamacare’s $716 billion cut in Medicare spending during the next decade? Answer: A good start – and not because seniors don’t deserve their Medicare benefits. The Affordable Care Act
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28
AUG
2012

Lucky Lexmark, stock surges nearly 20%

By Catherine Tymkiw – August 28, 2012 Lexmark, best known for its inkjet printers, announced Tuesday that it was completely exiting the business to focus on its more profitable imaging and software businesses. The company had been slowly disengaging itself as the business began
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23
AUG
2012

Data point to slow pace of healing in economy

By Jason Lange – August 23, 2012 (Reuters) – Growth in the manufacturing sector picked up in August, a sign the economy is resisting the global economic chill although a rise in new jobless claims last week pointed to a still-sluggish labor market. Financial information fi
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22
AUG
2012

Fed discussion suggests possible new action on economy soon

By Martin Crutsinger – August 22, 2012 WASHINGTON – Federal Reserve officials spoke with increased urgency at their last meeting about the need to provide more help for a weak U.S. economy. Many felt further support would be needed “fairly soon” unless the economy im
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16
AUG
2012

For Europe’s Economy, a Lost Decade Looms

By Jack Ewing – August 16, 2012 FRANKFURT — The euro zone is hurtling back into recession, economists declared after official figures this week portrayed a shrinking economy. But by some measures the downturn has been under way for years. With the exception of Germany, none of E
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16
AUG
2012

Deferred Action for Childhood Arrivals program may add over 1 million US workers

by Thomas Ahearn – August 16, 2012 The U.S. Citizenship and Immigration Services (USCIS) – a government agency within the Department of Homeland Security (DHS) that oversees lawful immigration to the United States – began accepting requests on August 15, 2012 for the ‘Considerat
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15
AUG
2012

Bright Food Tops Banks With $800 Million Loan: Corporate Finance

- BLOOMBERG - by Katrina Nicholas and Wendy Mock – August 15, 2012 Bright Food Group Co., the Chinese company buying wine merchants in France and cereal makers in Britain, is cutting interest costs by as much as a third as it benefits from foreign lenders eager to build better r
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13
AUG
2012

Global stocks slip on world growth worries; euro gains

by Herbert Lash – Aug 13, 2012 (Reuters) – World stock markets eased on Monday after weak Japanese economic data added to the latest reports showing a slowing global economy, while the euro rose as investors exited bearish bets against the common currency. European shares
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01
AUG
2012

Greek Economy Shrank 6.2% in Second Quarter

by David Jolly – August 13, 2012 The Greek economy continues to contract rapidly, official data showed on Monday, a painful reminder of how Greece, the weakest member of the euro zone, was chasing a moving target in trying to meet its bailout obligations. The nation’s gross dome
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