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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Letters: A predictable rise

Category : Business

Why is anyone in the government surprised at the retail sales drop and inflation rise in October (Report, 14 November)? Any normal, ie non-rich, person could tell them that in September you buy what your children need for school or winter wear – new clothes, shoes – and/or yourself, and then you wait until spring/summer. Since the government increased tuition fees to a ludicrous £9,000 and, despite their climate change denial, must be aware of the dire weather events hitting food production, I am at a loss as to why they would not have realised in advance that inflation would rise. Perhaps it really is true that they do not know the price of milk and consider fees of £9,000 to be so much small change. Maybe Iain Duncan Smith can redraw the fiscal map in the same way he is now denying child poverty exists because of a lack of money.
Sue Roesner
Gunnislake, Cornwall

Ryan now says he sought economic stimulus money after twice denying it – Washington Post

Category : Stocks


San Francisco Chronicle
Ryan now says he sought economic stimulus money after twice denying it
Washington Post
WASHINGTON — Republican vice presidential candidate Paul Ryan on Thursday reversed course and acknowledged lobbying the government for millions of dollars in economic stimulus money after twice denying he had done so. The Wisconsin congressman said he
Paul Ryan denied he sought stimulus fundsBoston Globe
Ryan now says he did seek economic stimulus moneyAlbany Times Union

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Standard Chartered shares tumble

Category : World News

Shares of Standard Chartered bank tumble despite the bank denying allegations that it illegally “schemed” with Iran to launder money.

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Spain Relieved, Angry Over Bank Rescue

Category : Business

By Alan Clendenning

MADRID — Spain’s grinding economic misery will get worse this year, despite the country’s request for a European financial lifeline of up to 100 billion euros ($125 billion) to save its banks, Prime Minister Mariano Rajoy said Sunday.

A day after the country conceded it needed outside help following months of denying it would seek assistance, Rajoy said more Spaniards will lose their jobs in a country where one out of every four are already unemployed. …

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Judge rules company must offer insurance to gay couples – StandardNet

Category : Stocks


The Guardian
Judge rules company must offer insurance to gay couples
StandardNet
By Dale Kasler SACRAMENTO, Calif. — In a landmark case involving CalPERS and gay rights, a federal judge in Oakland ruled that the big pension fund must offer its long-term care insurance coverage to same-sex spouses and partners.
Federal Judge Rules DOMA, Tax Code Force Unconstitutional Treatment For Same Metro Weekly
Doma ruled unconstitutional for denying benefits to same-sex couplesThe Guardian
Judge strikes down Defense of Marriage Act provision in California employees' caseSan Jose Mercury News
Christian Science Monitor

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Tesla ([[TSLA]] -0.8%) shares were off sharply for a while today following a report noting the potential for Roadster batteries to die out (thereby requiring a replacement at a cost of $40K) should they not be charged for a few months, and thus…

Category : World News

Tesla (TSLA -0.8%) shares were off sharply for a while today following a report noting the potential for Roadster batteries to die out (thereby requiring a replacement at a cost of $40K) should they not be charged for a few months, and thus discharge completely. However, shares rebounded after Tesla made an effort to address the issue (albeit without fully denying the problem exists). 3 comments!

Go here to see the original: Tesla ([[TSLA]] -0.8%) shares were off sharply for a while today following a report noting the potential for Roadster batteries to die out (thereby requiring a replacement at a cost of $40K) should they not be charged for a few months, and thus…

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