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Brown defends California's business climate
Gov. Jerry Brown acted Wednesday as California's cheerleader-in-chief, countering the state's anti-business reputation in an address to hundreds of business, agriculture and education leaders. "We've solved a lot of problems. We've got a lot of problems. We're living in a great state. Republican, Democrats, we're all Californians," the Democratic governor ...
Fed weighed slowing its pace of bond purchases
Several Federal Reserve policymakers this month favored slowing the Fed's efforts to maintain record-low long-term interest rates as early as June — if the economy showed strong and sustained growth. But those officials appeared at odds over what evidence would demonstrate such gains. Minutes of the Fed's April 30-May 1 ...
American Eagle Outfitters Inc
1stQtr YearAgo Revenue $679,500 $708,700 Net Inco $28,000 $39,700 Per Share $0.14 $0.20 Analog Devices Inc 2ndQtr YearAgo Revenue $659,300 $675,100 Net Inco $164,500 $162,900 Per Share $0.52 $0.53 Booz Allen hamilton Holding Corp 4thQtr YearAgo Revenue $1,550,000 $1,540,000 Net Inco $54,800 $50,600 Per Share $0.37 $0.36 Eaton Vance Corp ...
US crude oil supplies down by 300,000 barrels
The United States's crude oil supplies shrank last week, the government said Wednesday. Crude supplies declined by 300,000 barrels, or 0.1 percent, to 394.6 million barrels, which is 3.1 percent above year-ago levels, the Energy Department's Energy Information Administration said in its weekly report. Analysts expected a decrease of 1.2 ...
Fed weighed slowing its pace of bond purchases
Several Federal Reserve policymakers this month favored slowing the Fed's efforts to maintain record-low long-term interest rates as early as June — if the economy showed strong and sustained growth. But those officials appeared at odds over what evidence would demonstrate such gains. Minutes of the Fed's April 30-May 1 ...
Bernanke signals Fed to maintain stimulus efforts
Chairman Ben Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to slow its extraordinary stimulus programs. Reducing the Fed's efforts to keep borrowing rates low would "carry a substantial risk of slowing or ending the economic recovery," ...
News Summary: IMF warns Britain more growth needed
RECOVERY PUSH: The International Monetary Fund called on Britain to do more to stimulate economic activity, urging a speed up in infrastructure investment that could create jobs. AUSTERITY: In a review of Britain's policies, the IMF applauded the greater flexibility on austerity measures shown by Treasury chief George Osborne. But ...
Bernanke signals Fed to maintain stimulus efforts
Chairman Ben Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to slow its extraordinary stimulus programs. Reducing the Fed's efforts to keep borrowing rates low would "carry a substantial risk of slowing or ending the economic recovery," ...
News Summary: Japan's economy 'picking up'
SIGNS OF LIFE: Japan's central bank says the world's third-biggest economy is "picking up" as demand recovers in other countries and remains resilient at home. NO CHANGE: The Bank of Japan ended a policy meeting Wednesday with no change to its strategy of doubling the monetary base to reach a ...
Correction: Health Overhaul-Wash story
In a story May 14 about insurance premiums, The Associated Press, relying on information provided by the Washington State Office of the Insurance Commissioner, reported erroneously the premiums for an insurance plan. The $162 rate is for people under the age of 21, not for 21 year olds. A corrected ...
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