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Jobless Data Overshadows Intel Deal on Wall Street (Aug-19, 09:50 EDT )-- Taken together, the announcements are the latest to provide a conflicting picture of the recovery.
Jobless Filings at Highest Point Since November (Aug-19, 09:45 EDT )-- New applications for unemployment insurance reached a half million last week, a sign that employers are cutting jobs again as the recovery slows.
Thursday Reading: All-You-Can-Fly Passes (Aug-19, 09:44 EDT )-- Comparing all-you-can-fly deals, examining the rising cost of the average Medicare drug benefit plan and other consumer-focused items from Thursday's Times.
Intel Plans to Acquire McAfee for $7.68 Billion (Aug-19, 09:30 EDT )-- With the $7.68 billion acquisition, Intel becomes a major player in the security software and services market.
The Stealth Debt Restructuring: Inflation (Aug-19, 09:22 EDT )-- An economist predicts that inflation will rise the euro zone so that countries can devalue their massive debt obligations.
When Life Lived Online Is Sanitized, Do We Lose Something? (Aug-19, 08:37 EDT )-- If living our lives on the Web also means the end of forgetting, what do we need to do to ensure our digital personas don't come back to haunt us?
Data Point to a Strengthening Recovery in Britain (Aug-19, 08:31 EDT )-- The budget deficit shrank at a faster pace than expected in July, mainly the result of higher corporation tax revenue as companies returned to profit.
Medicare Drug Plans Rise $1 a Month (Aug-19, 08:26 EDT )-- Low prices and more benefits, Medicare administrators say.
Intel To Buy McAfee For $7.68 Billion (Aug-19, 07:45 EDT )-- Chip maker Intel says it has agreed to buy computer-security software maker McAfee Inc. for $7.68 billion, or $48 per share. That represents a 60 percent premium over McAfee's Wednesday close of $29.93.
New Weekly Jobless Claims Jump To 500,000 (Aug-19, 07:37 EDT )-- Initial requests for unemployment benefits surged to 500,000 last week, the highest level since November, a sign that employers are cutting jobs again as the recovery slows. Initial claims rose by 12,000, the fourth increase in the past five weeks.
Despite Scandals, Indian Mining Bosses Thrive (Aug-19, 05:50 EDT )-- Illegal mining has become a national scandal amid accusations that billions of dollars of minerals have been stolen.
Democratic Misgivings on a Size Cap for Banks (Aug-19, 05:00 EDT )-- Democratic legislators who opposed new rules for the nation's largest banks have not persuasively explained their reasoning, an economist writes.
Feinberg Vows Quick Response On Gulf Spill Claims (Aug-19, 03:44 EDT )-- BP has paid out about $376 million to individuals and businesses damaged by the oil spill in the Gulf of Mexico, but on Monday, attorney Kenneth Feinberg will take over the claims process. At a town hall meeting Wednesday, he promised spill victims...
Panama Canal's New Lane Is A Game Changer (Aug-19, 03:00 EDT )-- Despite a stagnant economy, several of the nation's ports are bustling -- getting ready for a big change in 2014. That's when the Panama Canal will open a new lane and mark the start of a new era in shipping.
GM Files For Stock Offering (Aug-19, 03:00 EDT )-- General Motors has filed paperwork with the SEC to clear the way for selling stock to the public. The automaker says U.S. taxpayers and other stakeholders will sell common shares. GM also will sell preferred shares.
MasterCard Buys DataCash For $517 Million (Aug-19, 03:00 EDT )-- Mastercard has agreed to pay $517 million to buy a British company that specializes in online payments. DataCash is similar to American company PayPal -- processing credit card payments over the web. It sells software that allows organizations to...
New Biofuel Uses Whiskey By-Products (Aug-19, 03:00 EDT )-- Scientists say they have developed a biofuel for cars from waste produced in distilling Scotch whiskey. The scientists say their new fuel is 30 percent more powerful than traditional biofuels, and it doesn't eat up valuable farmlands.
New York's Little Pakistan Responds To Floods (Aug-18, 23:00 EDT )-- Response from the community has so far been slow. Residents of the Brooklyn neighborhood say the U.S. media have paid little attention to the devastation, and distrust of the Pakistani government is partly to blame. Many residents are instead making...
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