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Hertz to Acquire Dollar Thrifty
Monday, August 27, 2012 - 9:34am | 435Read More...Car rental giant Hertz Global Holdings (NYSE: HTZ) is about to buy rival Dollar Thrifty Automotive Group (NYSE: DTG) for roughly $2.3 billion. According to the Associated Press, the purchase will give Hertz more ways to attract business and leisure travelers, along with giving the company an...
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General Motors Joins Ford, Toyota in Recall Frenzy
Monday, August 20, 2012 - 10:01am | 505Read More...General Motors (NYSE: GM) and Isuzu announced that they are joining the likes of Ford (NYSE: F) and Toyota (NYSE: TM) by recalling about 258,000 SUVs on Saturday. According to the Associated Press, short circuits in power-window and door-lock switches have caused at least 28 vehicle fires. While...
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Honda Announces Massive Recall Involving Over 320,000 Cars and SUVs
Thursday, July 19, 2012 - 1:47pm | 537Read More...Honda (NYSE: HMC) is recalling 166,000 small SUVs and 6,200 luxury cars in the United States, along with thousands more throughout the rest of the world. The Japanese automaker said there may be a problem with the doors of the 2012 CR-V and the 2013 Acura ILX. According to Reuters, no accidents or...
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Libor Scandal Catches Up with Deutsche Bank and HSBC
Thursday, July 19, 2012 - 7:55am | 393Read More...The investigation into the London Interbank Offered Rate (LIBOR) rate fixing that resulted in a record fine and major shake-up for Barclays last month is now focusing on traders at Deutsche Bank (NYSE: DB), HSBC, Societe Generale and Credit Agricole. On July 3, Benzinga reported that Barclays' CEO...
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Coca-Cola Takes a Slight Hit on Profit
Tuesday, July 17, 2012 - 1:24pm | 228Read More...Soft drink giant Coca-Cola (NYSE: KO) reported earnings on Tuesday and Benzinga reported that the company showed a decline in its second-quarter profit. "Coca-Cola's quarterly net income dropped to $2.79 billion, from $2.80 billion, in the year-ago period. Earnings per share rose to $1.21, from $1...
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Apple Saves $340 Million in iPad Trademark Dispute
Monday, July 2, 2012 - 2:03pm | 368Read More...Apple (NASDAQ: AAPL) has paid $60 million to officially purchase the iPad name in China. The Cupertino, California-based enterprise thought that it had acquired the global rights to the iPad name when it purchased them from a Proview affiliate in Taiwan for roughly $55,000. But according to the...
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Barclays Chairman Resigns Amid Scandal
Monday, July 2, 2012 - 8:05am | 424Read More...Barclays (NYSE: BCS) Chairman Marcus Agius has resigned his position on Monday in the middle of the bank's rate-fixing scandal. Agius stepped up and said that "the buck stops with me," before quitting his job and saying that the scandal has dealt a "devastating blow," to the reputation of the bank...
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Sony, Panasonic Join Forces for OLED Production
Monday, June 25, 2012 - 8:32am | 386Read More...Two prominent electronics manufacturers are teaming up to produce next-generation TV sets using OLED technology. According to the Associated Press, Sony (NYSE: SNE) and Panasonic (NYSE: PC) have decided to work together in an effort to compete more effectively against Samsung, the current world...
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Facebook Shows Google+ Love, Plans to Launch "Smart Lists"
Tuesday, September 13, 2011 - 1:48pm | 165Read More...Google+ may not be hurting Facebook yet, but that hasn't stopped the social networking giant from copying its most appealing features. According to the Associated Press, Facebook plans to organize users' friends into smaller groups called Smart Lists, which will make it easier to share photos,...
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The Ultimate Vending Machine
Monday, August 15, 2011 - 10:19am | 313Read More...This is far from your everyday Coke (NYSE: KO) or Pepsi (NYSE: PEP) dispensary. In France, one clever baker has created a vending machine with an item we never saw coming: freshly baked bread. Jean-Louis Hecht, a baker from Hombourg-Haut, has launched two vending machines in order to provide his...
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Electronic Arts Names New COO
Friday, August 5, 2011 - 9:57am | 398Read More...The head of EA Sports is set to take on the whole company as its chief operating officer. The Associated Press reports that Peter Moore will take on his new position starting Monday, August 8. Moore replaces John Schappert, who left Electronic Arts (NASDAQ: ERTS) for a position at Zynga....
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Greece's Cabinet Meeting to Discuss Spending Cuts and Privatization into 2015
Monday, May 23, 2011 - 5:51am | 202Read More...Greece's Cabinet is meeting Monday to discuss deeper spending cuts and privatization measures through 2015, the Associated Press is reporting. Greece has struggled with its finances despite last year's $145 billion three-year bailout package. The embattled economy has done little to quell market...
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Sarkozy Says France Will Intensify The Airstrikes Over Libya -AP
Wednesday, April 20, 2011 - 8:18am | 11Read More...Sarkozy says France will intensify the airstrikes over Libya reported AP
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Survey Highlights Baby Boomers' Dependence on Social Security
Tuesday, April 5, 2011 - 10:12am | 142Read More...In the recent Associated Press-LifeGoesStrong.com poll of 1,160 baby boomers, 11% of participants stated they are strongly convinced that they can live comfortably upon retirement. Fifty five percent are somewhat or very certain that they can live comfortably while 44% have little or no faith that...
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Ford To Idle Plant To Conserve Japanese Supplies -AP (F)
Monday, March 28, 2011 - 7:47am | 88Read More...According to the Associated Press, Ford (NYSE: F) will idle an auto plant in Belgium to conserve Japanese parts that are running behind. "We didn't run short of parts, but if we can find things to do to conserve parts it certainly makes sense to do that," said a Ford spokesperson. The full article...



