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Senin, 24 September 2012

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Monti Should Seek Aid to Straitjacket Successor: Euro Credit
Bloomberg
Italian Prime Minister Mario Monti should seek European aid for the same reason his Spanish peer Mariano Rajoy is resisting a rescue -- the economic straitjacket that would accompany a bailout, executives and investors say. Italy's 10-year yield has ...
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Crude Falls As Europe Worries Resurface
Wall Street Journal
Crude-oil futures fell in Asia Monday, tracking a weaker euro as concerns over the euro zone and falling oil demand offset tensions in the Middle East. On the New York Mercantile Exchange, light, sweet crude futures for delivery in November traded at ...
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Economists say US needs more taxes, spending cuts
Sacramento Bee
By SCOTT MAYEROWITZ AP Business Writer NEW YORK -- The best way to reduce the federal deficit is through a combination of higher taxes and spending cuts, says a group of economists. A survey of 236 members of the National Association for Business ...
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European Stocks Slip
Wall Street Journal
By MICHELE MAATOUK European stocks fell and the euro lost ground against the dollar Monday due to weaker-than-expected German data and worries about Spain and Greece. Early Monday, Italy's FTSE Mib was down 1.4%, Spain's benchmark IBEX-35 fell 1.5% and ...
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LA prepares for freeway closure, Carmageddon II
USA TODAY
LOS ANGELES (AP) -- "Carmageddon II" -- the sequel -- is coming to one of the most crowded US freeways, and authorities are hoping its subtitle won't be "The Traffic Strikes Back." Transportation officials say what they would like to see during the ...
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World stocks sink as global economy fears rise
Businessweek
By Kelvin Chan on September 24, 2012 HONG KONG (AP) — World stocks mostly drifted lower Monday as investors' growing concerns about the shaky global economy overpowered any remaining optimism over central bank stimulus efforts.
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UK to Set Up Business Bank
Wall Street Journal
By NICHOLAS WINNING BRIGHTON, England—The UK government is investing £1 billion ($1.62 billion) to set up a new state-backed business bank that it hopes will eventually support up to £10 billion of new lending for small and medium-size companies, ...
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Fiat board on Oct 30 will not discuss industrial plan - source
Reuters
| MILAN, Sept 24 (Reuters) - Italian car maker Fiat's board will no longer discuss an update of its industrial plan when it meets on October 30 and will focus solely on third quarter results, a person familiar with the situation said on Monday.
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University of Maryland getting EPA grant to cut stormwater runoff, key ...
Washington Post
BLADENSBURG, Md. — The University of Maryland is getting a federal grant to help communities reduce stormwater runoff, the fastest growing Chesapeake Bay pollution source. Sen. Ben Cardin says Environmental Protection Agency officials will announce the ...
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Eurozone crisis live: France's PM says Greece should get more time
The Guardian
Athens' call for an extension to its fiscal targets has found favour in Paris. Photograph: Petros Giannakouris/AP The Bank of England's financial policy committee has concluded that the risks to Britain's financial system are as great as in June.
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Daily Dose Some brands of rice contain more arsenic than others
Boston Globe
By Deborah Kotz With growing concerns about rice containing potentially harmful levels of arsenic, the US Food and Drug Administration and Consumer Reports both released lab analyses last Wednesday detailing how much arsenic is found in rice and rice ...
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North Korea 'to introduce farming reform'
BBC News
Reports from North Korea suggest reforms that will see farmers keep more of their crops instead of handing them to the state are to be introduced. The move is seen as an attempt to boost productivity in a state-run economy that suffers chronic food ...
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BBC News
New world order sets a double goal
Financial Times
By James Politi in Washington Bob Zoellick summed up the "new age of globalisation" faced by public policy students after they left the Pardee RAND Graduate school in Santa Monica, California, in June. He said the balance of power in the world economy ...
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Company purchasing Village Voice, other papers
Wall Street Journal
AP DENVER — A Denver company says owners of the Village Voice and several other alternative newspapers around the country are selling the media properties. The new holding company Voice Media Group announced Monday that it has signed an agreement to ...
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Hong Kong stocks fall, with resource shares weak
MarketWatch
LOS ANGELES (MarketWatch) -- Hong Kong stocks opened Monday trade sharply lower, with resource shares helping lead a broad-based decline, sending the Hang Seng Index (HK:HSI) down 1% to 20534.53. Mainland Chinese stocks also suffered, with the Hang ...
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Tragedy meant big money for NY minister
Newsday
Tragedy meant big money for NY minister Before the Sept. 11 attacks, the Rev. Carl Keyes was a little-known pastor of a small New York City congregation searching for members and money. When the twin towers fell, his fortunes changed.
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Newsday
Auto industry deals mark move to more 'self-financing' pensions
Globe and Mail
The new labour deal that Ford Motor Co. and General Motors Co. reached with their unionized Canadian workers includes significant reforms to pension financing, a liability that came close to crippling the Detroit auto makers during the 2008-2009 ...
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Globe and Mail
Willie Nelson, Neil Young and Kenny Chesney Band Together for Farm Aid
RollingStone.com
By Miriam Coleman Willie Nelson performs during Farm Aid 2012 at Hersheypark Stadium on September 22nd, 2012 in Hershey, Pennsylvania. Willie Nelson and his Farm Aid cohort drew a crowd of 30000 to Central Pennsylvania's Hersheypark Stadium on Saturday ...
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RollingStone.com
Duluth Metals announces commencement of drilling at Nickel Lake Macrodike
Sacramento Bee
By Duluth Metals Limited TORONTO, Sept. 24, 2012 -- /PRNewswire/ - Duluth Metals Limited ("Duluth") (TSX: DM) (TSX:DM.U) is pleased to announce that drilling has commenced on the first target at the mouth of the Nickel Lake Macrodike, located in the ...
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FOREX-Euro slip as rally runs out of gas, Spain in focus
Reuters
* Euro slightly above last week's low vs dollar * Rising expectation euro's rally has run its course * Uncertainty on Spain, Greece hindering euro * Yen helped by repatriation ahead of Sept 30 * Aussie, kiwi fall as precious metal, Asian shares fall By ...
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Employee Shopping: 'Acqui-Hire' Is The New Normal In Silicon Valley
KOSU
Tech companies like Google, Facebook and Zynga are on a shopping spree. They're buying small startups with innovative products and apps. But, many times, the tech giants don't care about what the small companies were producing.
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NY environmental chief: No outside study of fracking health
Casper Star-Tribune Online
6 hours ago • AP ALBANY, NY — The state health commissioner and "qualified outside experts" will review the health impacts of shale gas drilling before a moratorium on the hydraulic fracturing extraction process is lifted, New York Department of ...
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Phila. developer irritates city by cleaning lot
Pittsburgh Post Gazette
By Joann Loviglio / AP PHILADELPHIA -- There's a lot of trouble brewing next to a coffeehouse in a fast-developing neighborhood. Ori Feibush, a real estate developer, has turned a trash-strewn city-owned lot -- vacant for roughly 30 years -- into a ...
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China's Galloping Horse, India's Reliance Win Auction for Digital Domain
Hollywood Reporter
They will acquire the visual effects house, which had filed for Chapter 11 bankruptcy, for $30.2 million. A joint venture, led by China's Galloping Horse America and India's Reliance MediaWorks, submitted the winning bid to acquire key assets of ...
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Criminal Probe of Chevron Refinery Launched by EPA
Patch.com
The Chevron refinery in Richmond is under criminal investigation by the US Environmental Protection Agency (EPA) for detouring pollutants around monitoring equipment and burning them into the atmosphere, according to the San Francisco Chronicle.
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Brownback blows it on Kansas Main Street
Winfield Daily Courier Online
The decision by the Kansas Department of Commerce to end the state's Main Street program hits particularly hard in Winfield. We here have worked together to keep our downtown looking good so it can continue to be commercially viable and attractive to ...
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Ray Dalio, Founder of World's Largest Hedge Fund: Weak Economy Makes Second ...
Algemeiner
In an interview with CNBC, the founder and manager of the world's largest hedge fund, Bridgewater, said that he fears that a weak global economy could lead to "social disruption," citing an example he said, "Hitler came to power in 1933, which was the ...
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European pensions targeted
USA TODAY
BERLIN -- After working most of his life, Paco Gonzalez says, he had long imagined how he would spend his retirement. "I wanted to live quietly, retire someplace by a beach and dedicate my last years to living peacefully, with my wife alongside me," ...
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Aussie, NZ Dollars Fall on Europe Stalemate, Before RBA
Businessweek
By Mariko Ishikawa on September 24, 2012 The Australian and New Zealand dollars declined on speculation disagreement among the euro region's leaders on debt-crisis solutions is curbing prospects for growth, damping demand for higher-yielding assets.
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US federal policies on increasing electric-car sales to cost $7.5 billion ...
eGMCarTech
The Congressional Budget Office estimates that federal policies to promote the production and purchase of electric vehicles and plug-in hybrids, will have a total budgetary cost of about $7.5 billion through 2019. The CBO said that that 25 percent of ...
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eGMCarTech
Wall Street Week Ahead: Stocks face earnings and data hurdles
Reuters
By Caroline Valetkevitch | NEW YORK (Reuters) - Stocks could struggle to stay close to nearly five-year highs this week as worries mount about third-quarter earnings and the market appears primed for a pullback from recent stimulus-driven gains.
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Planned changes aren't the final word on Ohio pension plans
Lancaster Eagle Gazette
Gov. John Kasich is expected to take changes to the pension system from proposal to law this week, leaving the state's public pensions in better position to react to deep swings in the economy. But it's not over yet. Additional alterations are sure to ...
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Trader Joe's orders recall of peanut butter
Los Angeles Times
The Trader Joe's grocery chain has voluntarily ordered the recall of its Creamy Salted Valencia Peanut Butter at its stores nationwide because of potential salmonella contamination. "If you purchased this product, please do not eat it," the ...
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Inflation and Inflation Expectations – Food For Thought
FXstreet.com
by Asha Bangalore - Northern Trust | View company's profile Since the Federal Reserve initiated its third round of quantitative easing (QE3) last week, critics have expressed concern that the policy would ultimately be inflationary.
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Comment: Let Standard Chartered serve as lessons to others
Mortgage Strategy
Standard Chartered was branded a rogue institution in August, following the New York State Department of Financial Services' investigation. The latter accused Standard Chartered of deliberately hiding 60000 secret transactions, equating to $250 billion ...
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Mortgage Strategy
Franchise Ventures Consultant Explains Home Based Franchise Opportunities
MENAFN.COM
(MENAFN Press) (EMAILWIRE.COM, September 24, 2012 ) New York, NY With a growing number of people going into business for themselves, many find it convenient to own a home based franchise. So many people dream of Working from home to avoid the hassle of ...
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Henderson launches low cost multi-asset range for McQuaker
Citywire.co.uk
by Danielle Levy on Sep 24, 2012 at 10:23 Henderson Global Investors has launched a risk-targeted low cost multi-asset income fund range for Bill McQuaker. The two-strong range will target specific risk parameters, provided by Distribution Technology ...
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US's biggest ever wind farm comes online
Windpower Monthly (subscription)
UNITED STATES: Caithness Energy has announced the commissioning of its 845MW Shepherds Flat wind farm, the largest in the US. The wind farm, which is located in northeast Oregon near Arlington, has a 20-year power purchase agreement with Southern ...
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Conn. River dam licensing offers chance for change
Boston.com
MONTPELIER, Vt. (AP) — Five big hydroelectric projects on the Connecticut River are up for federal relicensing, providing a once-in-a-generation chance for environmentalists, recreational river users and others to recommend changes to the dams' ...
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Oracle pay for CEO Ellison jumps to $96 million
Salt Lake Tribune
By AP Larry Ellison, the founder and CEO of Oracle Corp. and one of the wealthiest people in the world, saw his pay jump to $96.2 million last year. The pay, disclosed in a corporate filing, was up 24 percent from the previous year's total of $77.6 ...
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Organic photovoltaic module hits 5.5% efficiency
New Electronics
Imec and chemicals company Solvay have announced an organic photovoltaic module with a certified efficiency of 5.5% from an aperture area of 16cm 2 . The achievement is described as a crucial step towards upscaling the production process and successful ...
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RI housing agencies to share $900K in funding
Boston.com
PROVIDENCE, RI (AP) — Ten Rhode Island housing agencies will share nearly $900000 in federal funding aimed at helping residents of public housing become economically independent. The money comes from two programs of the US Department of Housing and ...
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T or C residents worry anticipated tourism from Spaceport America will fall short
KFOX El Paso
By Samantha Manning Spaceport America is the world's first commercial port meant to send tourists into outer space and a major reason for the public support had to do with the expected tourism it would bring in for New Mexico.
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North America's Most Prolific Utility Executives Unite for GDS International's ...
MarketWatch (press release)
ORANGE COUNTY, California, September 24, 2012 /PRNewswire via COMTEX/ -- On the 14th to the 16th of November 2012, 65 of North America's foremost executives from across the utilities space will convene at the Fairmont Newport Beach, California, ...
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Economic Reports for the Week Ahead
New York Times
ECONOMIC REPORTS Data to be released will include the Standard & Poor's/Case-Shiller home price index for July, and consumer confidence for September (Tuesday); new-home sales for August (Wednesday); weekly jobless claims, durable goods for August, ...
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US Army, Navy Demonstrate JLENS' Ability to Defeat Anti-ship Cruise Missile
defpro
06:20 GMT, September 24, 2012 WHITE SANDS MISSILE RANGE, NM | A recent US Army and Navy test proved the Raytheon Company JLENS can integrate with defensive systems currently in the US Navy's inventory to provide, for the first time, overland cruise ...
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Week in Review: House Fire on South Street and Selectmen Prepare for November
Patch.com
Life gets busy, and Patch certainly understands that. So with that in mind, here are a few stories you might have missed on Needham Patch this week: South Street Home in Needham Damaged In Fire—A South Street resident and his dogs made it safely out of ...
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