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- Countrywide reportedly under FBI investigation
The FBI has launched an investigation into the lending practices of battered home lender Countrywide Financial Corp., according to a report in The Wall Street Journal. The mortgage company is suspected of widespread fraud, the paper said, which may have contributed to the subprime mortgage crisis that has rocked the U.S. economy.
Sat, 08 Mar 2008 10:08:45 EST - Yahoo increases bonuses despite weak earnings
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Fri, 07 Mar 2008 19:30:33 EST - Texas Instruments' CEO pay falls to $10M
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Fri, 07 Mar 2008 19:18:20 EST - A requiem for Ron Paul
Ron Paul's Friday announcement that his presidential campaign will soon wind down removes from the race a quixotic figure whose doomed pursuit of the White House inspired libertarians and free-market purists, including many business owners who loved his message about a nation free from regulatory fetters.
Fri, 07 Mar 2008 19:51:02 EST - Motorola's mobile device head quits
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Fri, 07 Mar 2008 18:08:41 EST - Cancer warning added to anemia drug
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Fri, 07 Mar 2008 17:43:11 EST - Stocks hit lowest levels in over a year
Stocks tanked Friday, falling to the worst levels in nearly 18 months after a weak February employment report and more financial sector woes exacerbated recession fears.
Fri, 07 Mar 2008 18:03:45 EST - A new way to watch TV
When Fox and NBC Universal announced last March that they would join forces to put their TV shows online, the pundits of Silicon Valley howled with derision. Old media doesn't get the Internet, they said. Michael Arrington, the influential editor of TechCrunch, rattled off the reasons the project would never succeed and suggested that Fox and NBC quickly name their joint venture before it got stuck with the moniker insiders at Google had reportedly given it: Clown Co.
Sat, 08 Mar 2008 16:59:06 EST - A new way to watch TV
When Fox and NBC Universal announced last March that they would join forces to put their TV shows online, the pundits of Silicon Valley howled with derision. Old media doesn't get the Internet, they said. Michael Arrington, the influential editor of TechCrunch, rattled off the reasons the project would never succeed and suggested that Fox and NBC quickly name their joint venture before it got stuck with the moniker insiders at Google had reportedly given it: Clown Co.
Sat, 08 Mar 2008 16:40:37 EST - Consumer borrowing grows
Consumers increased their borrowing by $6.9 billion in January, just about in line with expectations, the Federal Reserve said Friday.
Fri, 07 Mar 2008 16:05:24 EST - $100 oil hurts, just like a recession
Five months ago many economists said high oil prices wouldn't hurt the economy - now they're choking on their words.
Fri, 07 Mar 2008 15:38:52 EST - Thornburg Mortgage future in doubt
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Fri, 07 Mar 2008 14:57:47 EST - Bush: 'Economy has slowed'
President Bush said Friday that "it's clear our economy has slowed," hours after a government report showed a decline in payrolls for the second straight month.
Fri, 07 Mar 2008 14:16:04 EST - JPMorgan says nation is in a recession
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Fri, 07 Mar 2008 14:14:52 EST - How mighty Carlyle fell
Throw a heavy user of short-term financing into an increasingly fearful market, and you have the makings of a disaster - as investors in Carlyle Capital learned this week to their dismay.
Fri, 07 Mar 2008 16:02:43 EST
