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Monday, March 5, 2012 - 2:05pm
Apple Says It's Responsible for Half Million-Plus Jobs
Apple (NASDAQ: AAPL) says it is responsible for 514,000 US jobs. The stated number goes beyond the around 47,000 people that work directly for the company, to include anyone “from the engineer who helped invent the iPad to the delivery person who brings it to your door.” It is the first time the...
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US Stock Futures Down Ahead Of Jobs Data
Friday, September 2, 2011 - 6:05am
US stock futures are lower this morning, as investors are awaiting jobs data. Futures for the Dow Jones Industrial Average dipped 69 points to 11,396.00 and S&P 500 index futures fell 9 points to 1,192.30. Nasdaq 100 futures dropped 15.75 points to 2,201.50. US stocks closed lower on Thursday...
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Rebels March into Tripoli as Qaddafi's Power over Libya Weakens
Monday, August 22, 2011 - 7:14amColonel Muammar el-Qaddafi's hold on Libya crumbled over the weekend, as rebel forces marched on the nation's capital of Tripoli and arrested the leader's two sons. While the Colonel's whereabouts remained unknown Monday, it was increasingly clear that his power over the North Africa nation was...
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Feds Investigating S&P Over Dozens of Mortgage Securities
Thursday, August 18, 2011 - 6:45amThe U.S. Justice Department is investigating ratings agency Standard & Poor's over numerous mortgage securities that were improperly assessed, according to a report from the New York Times. Allegedly, the Federal investigation began before S&P downgraded United States government debt to AA...
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UPDATE: Chesapeake Energy CEO Responds to NYT Skeptical Natural Gas Shale Article
Monday, June 27, 2011 - 10:03amChesapeake Energy's (NYSE: CHK) CEO Aubrey McClendon responded to an article published in The New York Times on Sunday. The article was skeptical of natural gas shale extraction forecasts and may have contributed to Monday's decline in the share price of CHK. McClendon stated, "The story is...
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Thursday, June 2, 2011 - 4:20pm
How To Put An End to All Future Euro Crisis?
Jean-Claude Trichet, the president of the European Central Bank, called for the creation of a European Finance Ministry on Thursday. The New York Times reported that Trichet desired the existence of an institution that would oversee spending by all countries that used the euro currency. An...
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Friday, January 28, 2011 - 12:00pm
Questions Remain After Wall Street Collapse ReportWill we ever know what really caused the collapse of Wall Street? Bloomberg News columnist Jonathan Weil has some doubts. Weil says that to get to the heart of what went wrong with the Financial Crisis Inquiry Commission's report (released last Wednesday), you need not look any further than page...
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Thursday, January 27, 2011 - 10:06am
Chaos In The Egyptian Stock Market, Massive Losses (EGPT)The Egyptian stock market experienced panic as the market nosedived 6.25% in 15 minutes yesterday, according to CBS News. Today, Egyptian stocks plunged even further, over 10% as the selling frenzy continues, according to the Wall Street Journal. The Egyptian stock market even tried halting trading...
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iPhone On Sprint, T-Mobile: What Are Its Chances? (AAPL, S)
Monday, January 24, 2011 - 1:04pmNow that the iPhone is finally headed to Verizon (NYSE: VZ), consumers and analysts alike are wondering if it is only a matter of time before Apple (NASDAQ: AAPL) moves to Sprint (NYSE: S) and T-Mobile. Is it merely a pipedream? Up until last fall, it seemed as if the Verizon rumors would never...
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FDA To Review Alzheimer's Brain Scan (LLY)
Wednesday, January 19, 2011 - 9:08am
The research of Alzheimer's disease continues as new tests show great promise for the early diagnosis of the illness. According to the New York Times, the Food and Drug Administration will review a newly developed brain scan which purportedly can detect plaques indicative of Alzheimer's disease. A...
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