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March 08, 2013 |

Dollar breaks correlation streak in sign bulls love

For the first time in four years the dollar is participating in a rally that has sent stocks to record highs as traders in the $4-trillion-a-day foreign- exchange market bet the world's largest economy will only strengthen.
7 minute read
March 30, 2010 |

Rich stunned by recession sell munis for first time

For the first time in decades, the rich showed no confidence in state and local governments during a recession. The wave of selling began in the summer of 2007, when hedge funds and some mutual funds were forced to raise cash to meet redemptions. Municipal bonds retained the most value, and the rich didn't hesitate to sell.
4 minute read
May 27, 2010 |

Economic rebound slowed last quarter

WASHINGTON AP - The economic rebound last quarter turned out to be slower than first thought, one of the reasons unemployment is likely to stay high this year.The economy grew at a 3 percent annual rate from January to March, the Commerce Department said Thursday. That was slightly weaker than an initial estimate of 3.
4 minute read
August 28, 2001 |

Hard to Shock

Large jury verdicts still face a significant risk of reversal or reduction. But the rate of outright reversal has fallen, and the bar has been raised considerably on what judges find offensive. Jury awards that "used to make you gag and choke are being upheld," says defense counsel Frank Daily of Milwaukee's Quarles & Brady. Naturally, the reaction varies depending on where you sit in the courtroom.
8 minute read
July 13, 2007 |

Dutch Supreme Court allows ABN Amro to sell LaSalle bank to Bank of America

THE HAGUE, Netherlands AP _ ABN Amro's sale of its U.S. arm LaSalle Bank to Bank of America was lawful, the Dutch SupremeCourt ruled Friday _ overturning a lower court's move blocking the proposed $21 billion sale.It was not immediately clear how the ruling would affect the broader fight between Barclays PLC and a consortium led by Royal Bank of Scotland PLC over competing bids for all of ABN Amro Holding NV.
4 minute read
April 16, 2010 |

SEC accuses Goldman Sachs of civil fraud

WASHINGTON AP - The government has accused Goldman Sachs Co. of defrauding investors by failing to disclose conflicts of interest in subprime investments it sold as the housing market was collapsing.The Securities and Exchange Commission said in a civil complaint Friday that Goldman failed to disclose that one of its clients helped create - and then bet against - subprime mortgage securities that Goldman sold to other investors.
4 minute read
June 01, 2011 |

Signs of strain wear on global economy

From the United States to Europe and even to booming China, the global economy is showing signs of strain.Most major economies are expected to keep growing. But evidence is mounting that many around the world are struggling to expand as fast as they did last year.European governments are struggling with debts and squeezed budgets.
4 minute read
May 18, 2011 |

Yale leads rebound in donations as $100 million gifts multiply

Yale University and the University of Pennsylvania are leading a rebound in contributions to colleges as donors who held back during the recession are writing checks again following two years of a rising stock market.
4 minute read
February 13, 2001 |

Privacy 101: Everything You Need to Know And More

Privacy issues online, offline and in the workplace dominate today's headlines. From cyberstalking to personal identity theft to e-mail communications at the office, concerns about privacy protection affect everyone. Moderator Parry Aftab of New York's Darby & Darby leads a panel of privacy experts for a two-week online seminar aimed at making you a privacy expert.
5 minute read

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