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CNBC's Jane Wells explains how Charles Ramsey came to the rescue at McDonald's. » Read More |
Three missing women in Cleveland, Ohio, were discovered by a neighbor Charles Ramsey. CNBC's Brian Shactman has the details. » Read More |
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CHICAGO/ CLEVELAND, March 27- Three Federal Reserve doves on Wednesday stoutly defended the central bank's bond buying to spur U.S. growth, but one official normally viewed as a centrist suggested it would not take much more improvement in job creation to warrant scaling it back.
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DETROIT, March 25- U.S. automakers joined other Michigan businesses on Monday in donating $8 million for new ambulances and police cars to Detroit as state-appointed emergency manager Kevyn Orr took over running the destitute city.
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NEW YORK, March 8- The Dow's run to record highs in the stock market's rally this year may not mean it's time for investors to go on a buying spree. "We're telling clients to take a more defensive approach to the market right now," said Frank Fantozzi, chief executive of Planned Financial Services, an independent wealth manager in Cleveland.
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*MSCI World index off 0.5 pct on Italy's vote concern. NEW YORK, Feb 26- U.S. stocks jumped on Tuesday after Federal Reserve Chairman Ben Bernanke reassured investors about the continuation of stimulus measures, bucking a downward trend in global equities and oil prices on the uncertainty created by Italy's election.
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*MSCI World index down 0.5 pct on Italy vote concern. NEW YORK, Feb 26- U.S. stocks jumped on Tuesday after Federal Reserve Chairman Ben Bernanke reassured investors about the continuation of stimulus measures, bucking a downward trend in global equities and the euro on the uncertainty created by Italy's election.
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NEW YORK, Feb 26- Uncertainty generated by Italy's elections rattled global stock indexes and European bond markets for a second day on Tuesday, though testimony Federal Reserve Chairman Ben Bernanke and strong housing figures lifted U.S. stocks. Markets across Europe fell on the vote results, with Italy's FTSE MIB among the hardest hit, tumbling 4.9 percent.
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*Home Depot rises as profit, sales top expectations. NEW YORK, Feb 26- U.S. stocks advanced on Tuesday, rebounding from a steep decline a day earlier after an inconclusive Italian election and on Federal Reserve Chairman Ben Bernanke's testimony defending the central bank's bond-buying program.
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NEW YORK, Feb 26- Uncertainty generated by Italy's elections rattled global stock indexes and European bond markets for a second day on Tuesday, though testimony by Federal Reserve Chairman Ben Bernanke helped limit losses in U.S. stocks. Markets across Europe fell on the vote results, with Italy's FTSE MIB among the hardest hit, tumbling 4.9 percent.
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*Valencia plant still to make EcoBoost engine for Europe. DETROIT, Feb 21- Ford Motor Co plans to invest nearly $200 million in its Cleveland engine plant to build a 2- liter version of its popular turbocharged engine for the company's North American lineup.
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NEW YORK, Feb 19- Martin E. Zweig, a market commentator and fund manager who predicted the 1987 stock market crash, died Monday, according to his investment firm. Zweig co-founded hedge fund Zweig-DiMenna Partners in 1984 with Joe DiMenna, according to a release from his New-York based firm, Zweig-Dimenna Associates LLC.
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That's what Michigan Governor Rick Snyder is likely looking for as he decides whether to appoint an emergency financial manager for the city of Detroit, according to restructuring experts and Michigan politicians.
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Jan 24- Cliffs Natural Resources Inc said it would write down the value of Consolidated Thompson Iron Mines Ltd by $1 billion as it expects lower volumes and higher costs in the business bought for more than $4 billion two years ago.
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*Texas legislator: should be easier for teachers to carry. CLEVELAND/ SAN ANTONIO, Jan 8- School teachers in Texas are flocking to free firearms classes and hundreds more in Ohio have signed up for training in the wake of the Connecticut elementary school massacre, some vowing to protect their students with guns even at the risk of losing their jobs.
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Jan 8- Aereo, the Internet TV startup backed by the media company run by billionaire Barry Diller, has raised $38 million and will expand to 22 U.S. cities including Chicago, Houston and Miami. Diller is chairman of IAC, which led the latest investment round along with Highland Capital Partners.
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*Texas legislator: should be easier for teachers to carry. CLEVELAND/ SAN ANTONIO, Jan 8- School teachers in Texas and Ohio are flocking to free firearms classes in the wake of the Connecticut elementary school massacre, some vowing to protect their students with guns even at the risk of losing their jobs.
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Jan 4- With the fiscal cliff avoided and U.S. tax rates rising for higher income households, financial advisers have gone into overdrive to help their clients mitigate the negative effects while trying to benefit from the greater clarity.
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NEW YORK, Dec 27- World stocks and the euro turned lower on Thursday following comments from the U.S. Senate majority leader that the economy may be poised to go off the "fiscal cliff," while the yen hit a two-year low on expectations a new government in Tokyo will push for aggressive monetary stimulus.
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NEW YORK, Dec 27- U.S. stocks declined on Thursday after the leader of Senate Democrats warned the United States appeared headed over the "fiscal cliff" and data showed consumer confidence fell to a four-month low.
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NEW YORK, Dec 27- World stocks slipped on Thursday after comments from the U.S. Senate majority leader that the economy may be poised to go off the "fiscal cliff," while the yen hit a two-year low on expectations of aggressive monetary stimulus.
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WASHINGTON, Dec 20- Across the United States, the number of hungry and homeless people is growing, and budget fights at the federal level are threatening the aid many need to survive, the U.S. Conference of Mayors said on Thursday.