Saturday, May 17, 2008
GE confirms plans to exit appliance business
NEW HAVEN, Conn. – General Electric Co. plans to sell or spin off the business that for a century has put appliances in American homes, a decision that could presage further asset sales, analysts said. The industrial conglomerate said in a statement Friday the move is part of an ongoing plan to exit “slower growth and more volatile businesses.”
Business News
May 17, 2008
US cancels shipments to oil reserve
By H. JOSEF HEBERT The Associated Press
WASHINGTON – Responding to congressional pressure, the Bush administration on Friday said it is suspending oil deliveries into the government's Strategic Petroleum Reserve for the remainder of the year.
Housing rebound a surprise in April
By MARTIN CRUTSINGER The Associated Press
WASHINGTON – Construction of new homes increased by the biggest percentage in more than two years in April, a rare spot of good news amid the worst downturn in housing in more than two decades.
Food stamp recipients struggle through month
FAO Schwarz, Macy’s team up
FairPoint profit drops in Q1
May 16, 2008
Islamic finance firms provide mortgage alternative
Congress passes farm bill, defying Bush
China avoids currency citation
Stimulus checks can't please everybody
IRS sends some checks to the wrong accounts
Baby boutique gets 'green' rating
Bernanke criticizes banks' intuition
Icahn to board: Sell to Microsoft or else
Industrial output falls in April
CBS Corp. to buy news, info site
Jumbo loans still difficult to get
Sununu, Gregg on losing side of vote
May 15, 2008
Teach For America experiencing big growth
Insurance scam case has US scrambling
New Business Bio: Verde Salon
Presstek Inc. stock jumps after report
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US foreclosure filings surge 65%
Despite food prices, inflation eases
Court overturns Vioxx verdict
May 14, 2008
Economic downturn takes some gloss off of weddings
Bernanke: Financial turmoil easing
N.H., Quebec sign pact of cooperation
Velcro: 50 years of sticking around
Total Recall
Hewlett-Packard to acquire EDS
Wal-Mart, TJX report solid Q1 profits
May 13, 2008
Tribune's Newsday deal is step in easing debt
Old gas pumps can’t handle ever-rising prices
How does IRS give us numbers?
Wis. still top cheese in contest with Calif.
Microsoft's Raikes to run Gates Foundation
Club fire lawsuit settled at $30m
Gas prices up 12 cents in Mass.
Video games may be good for NYC
Interest rates rise in weekly auction
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Business Review
- Jobless tax discount trigger eased
- Senate OKs lower RGGI cap
- Payday loan cap delay fails in House
- Record N.H. gas prices keep climbing
- N.H. firms would gain from Air Force project
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