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Reid Pushes Home Tax Credit Extension (Jun-10, 15:52 EDT )-- Homebuyers may get an extra three months to finish qualifying for federal tax incentives that boosted home sales this spring. Senate Majority Leader Harry Reid, D-Nev., said he wants to give buyers until Sept. 30 to complete their purchases and qualify...
Chinese Workers at Honda Plant Plan Protest March (Jun-10, 15:44 EDT )-- The striking workers are also demanding the right to form their own labor union, something seldom allowed in China. Meanwhile, other strikes have begun to ripple into Chinese areas previously untouched by labor unrest.
Upfronts: For the Big Broadcasters, What a Difference a Year Makes (Jun-10, 15:16 EDT )-- The upfront market for the sale of commercial time ahead of the start of the new television season is over for the five big English-language broadcasters, with results that represent a nice bounce from last year's downbeat outcome.
Markets Rebound, Rising Almost 3% (Jun-10, 15:12 EDT )-- Indexes closed up almost 3 percent, on a day fueled by bargain hunting and some positive economic news.
A Trip Back to the Days of Airline Food (Jun-10, 15:09 EDT )-- An airline flight in Turkey includes a full meal, even on a short flight. It was a trip back in time for an American flier.
Potential BP Bankruptcy Looks Likelier To Some (Jun-10, 15:00 EDT )-- Credit default swaps are signaling that BP is increasingly viewed as a company whose financial future looks a lot dicier than it did even just a few weeks ago.
S.E.C. Approves Market ‘Circuit Breakers’ (Jun-10, 14:59 EDT )-- The rules, which affect major American exchanges, are aimed at preventing sudden, uncontrolled drops like the one that occurred in early May.
Does Google Have Bing Envy? (Jun-10, 14:48 EDT )-- As Google continues to spruce up and redesign its Web site, it is starting to look very similar to Bing, the Microsoft search engine.
Attacks on BP Are Excessive, British Investors Say (Jun-10, 14:38 EDT )-- Business leaders urged the British government to defend BP against political pressure from Washington, where lawmakers have called on the company to suspend its dividend.
Twitter Buys an Analytics Company (Jun-10, 14:19 EDT )-- Twitter said it had acquired the company behind Trendly, a Web analytics service, to help track users' messages and build tools for its partners.
Who's Spending Again? The Rich and the Old (Jun-10, 14:12 EDT )-- A Gallup survey shows that self-reported spending is up the most among Americans over 65 or earning more than $90,000 a year.
Planet Money: High-Frequency Trading (Jun-10, 14:00 EDT )-- The unlikely nerve center of high-frequency stock trading is Mahwah, N.J., a suburb about 35 miles from Wall Street. And trading firms are flocking there to get an edge when it comes to speed. The New York Stock Exchange has opened a huge fast-trading...
Senators Question Administration’s China Policy (Jun-10, 13:31 EDT )-- Treasury Secretary Timothy F. Geithner told a Senate panel that the White House wanted a “level playing field.â€
Targeting the Tiniest (Jun-10, 11:38 EDT )-- Pilots in Wyoming are spraying pesticide to fight an infestation of grasshoppers. The chemical is aimed particularly at baby grasshoppers.
SEC Launches 'Circuit Breaker' Rules For Stocks (Jun-10, 11:15 EDT )-- Federal regulators have put in place new rules aimed at preventing a repeat of last month's harrowing "flash crash" in the stock market. Members of the Securities and Exchange Commission approved the rules, which call for U.S. stock exchanges to...
BP Agrees To Expedite Oil Spill Claims Process (Jun-10, 11:00 EDT )-- The Obama administration says BP will change the way it handles claims, including dropping the current practice of waiting to make payments until businesses have closed their books for each month. Company officials disputed any notion that the claims...
Reporter: Documents Show Years of BP Neglect (Jun-10, 11:00 EDT )-- ProPublica reporter Abrahm Lustgarten uncovered internal documents from BP that he says point to the company's repeated disregard for safety and environmental rules. Lustgarten says the documents indicate BP was aware of problems as early as 2001.
Geithner: China Must Do More To Open Market (Jun-10, 10:29 EDT )-- Treasury Secretary Timothy Geithner said China has the potential of becoming the largest foreign market for American exports, but he said the country must do more to dismantle unfair trade barriers.
Central Bank Extends Cash Lifeline and Gives Pep Talk (Jun-10, 08:09 EDT )-- The Bank of England and the European Central Bank stand pat amid concerns about the direction of the economy.
Trade Deficit Grows As Demand For Exports Slips (Jun-10, 07:40 EDT )-- The U.S. trade deficit rose to the highest level in 16 months as exports fell for the second time in three months, a potentially worrisome sign that Europe's debt troubles are beginning to crimp American manufacturers.
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