Business
Business
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China-maker Lenox files for bankruptcy protection Lenox Group Inc, a 119-old company whose high quality china has graced the tables of U.S. presidents and generations of American newlyweds, filed for Chapter 11 bankruptcy protection on Monday, citing declining revenue and a poor U.S. retail climate. Read more »
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U.S. stocks gain after steep decline, oil rises The dollar and yen fell and U.S. stocks rose in choppy trade Friday as bargain hunters moved gingerly back into equity markets that have suffered one of their worst weeks on record. Read more »
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U.S. stocks plunge to decade low, flee risk Fear of a deep global slowdown ripped through financial markets Thursday, wiping out a decade of U.S. stock market gains and driving yields on government debt to record lows as aversion to risk exploded. Read more »
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Wall Street sinks to lowest since 2003 U.S. stocks plunged to their lowest in five-and-a-half years Wednesday as investors girded for a lengthy economic downturn and automotive executives predicted a far-reaching calamity without a government lifeline. Read more »
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Wall St tumbles on economic jitters, Citi U.S. stocks extended losses Monday on worries that the global economic downturn is worsening, while Citigroup said it would cut more than 50,000 jobs, adding to concerns over the ailing labor market. Read more »
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US lawmakers challenge big banks on bailout funds U.S. senators asked the nation's biggest banks Thursday to explain how they are using the billions of taxpayer dollars provided to them under a massive government bailout program. The answers were mixed. Read more »
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Wall St slides on worsening economic gloom U.S. stocks tumbled Wednesday after the country's top electronics retailer warned the current business climate was the worst in 40 years, adding to recent economic gloom. Read more »
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Ohio town devastated by layoffs by German firm DHL Scott Terry is one of 7,000 who work in the small Ohio town of Wilmington who just found out he's lost his job, and he's scrambling to figure out how his family will survive. Read more »
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Fannie Mae, America's accidental property baron Fannie Mae said Monday that the housing finance company has taken over so many homes through foreclosures that if it were a town, it would be bigger than Dayton, Ohio. Read more »
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Wall St jumps on bargain hunting in volatile week U.S. stocks rose Friday as bargain hunters scooped up shares at multiyear lows after a big drop in the October payrolls was less dire than feared. Read more »
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What's On Fox40
6.00 & 6.30
two and a half men
7.00
terminator: the sarah connor chronicles
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