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- Congress: No deal until automakers provide a plan
Democratic leaders in Congress said there could be no legislation to bail out the U.S. auto industry until the Big Three Detroit ...

 - Paulson: Warns against imposing too-strict regulations during crisis
Treasury Secretary Henry Paulson called the financial crisis now plaguing the world economy a "once or twice" in a 100 years ...

 - China says it will clean up its dairy industry
China announced a complete overhaul of its dairy industry Thursday to improve safety at every step from cow breeding to milk ...

 - Stocks turn mixed again in volatile session
Stocks turned mixed again Thursday afternoon after a rally on hopes of an auto industry rescue package faded.

 - Americans driving less, unmoved by lower gas prices
Americans are driving less despite falling gas prices, reflecting the deepening recession and signaling a shift in lifestyles ...

 - Web ad sales rise slightly from prior quarter
Despite the bad economy, Internet advertising revenue rose in the third quarter, according to figures released Thursday.

 - Jobless claims jump to 16-year high; economic indicators drop
The government says new claims for unemployment benefits jumped last week to a 16-year high, providing more evidence of a rapidly ...

 - The good news: oil falls below $51; gasoline around $2
Oil prices fell below $53 to almost a two-year low Thursday in Asia as investors, egged on by plummeting stock markets, priced ...

 - Saudi prince increasing his stake in Citigroup
Saudi Prince Alwaleed bin Talal said Thursday that he plans to increase his stake in Citigroup to 5%, and expressed support for ...

 - GMAC files to become a bank, eligible for government aid
GMAC Financial Services has applied to become a bank holding company, which would allow General Motors' financing arm to be eligible ...

 - Automakers can't afford to develop hybrids
The arrival of more fuel-efficient cars and trucks promising cleaner air and more energy independence is being set back as automakers ...

 - Markets today: Japan stocks dive 6.9% after big U.S. sell-off
Japanese stocks dived Thursday after a steep drop on Wall Street and government data showing that Japan's exports suffered a ...

 - Iceland gets billions in aid amid financial meltdown
The International Monetary Fund on Wednesday approved a two-year, $2.1 billion support program for Iceland designed to restore ...

 - Casino stocks: Are they a good bet?
Q: Are casino stocks cheap or expensive at current prices?

 - Cities, schools delay projects in tough climate for muni bonds
Spring Hill, Tenn., and cities and school districts across the country struggle to fund needed projects because the Wall Street ...


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