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- State budget cuts will hit two of the state's safety-net hospitals particularly hard. Boston Medical Center has been notified it will not be reimbursed $64 million for care delivered to low-income Medicaid patients last fiscal year, and Cambridge ...
- SHANGHAI, Oct 17 (Reuters) - Bayer Material Science, the plastics unit of Bayer, said its customers are facing limited access to credit due to the global financial crisis, although it faces no financing difficulties of its own. Roughly 80 percent of ...
- LONDON, Oct 17 (Reuters) - World leaders demanded tougher banking rules on Friday to protect economies from crisis before a meeting of U.S. and French presidents that officials said would explore ways to reform a crumbling financial system. Not only ...
- NEW YORK (CNNMoney.com) -- Stock prices have plunged in recent weeks. So have oil prices. Most Americans probably see the former as terrible news and the latter as a ray of sunshine at a dark time. But both could contribute to a growing concern among ...
- James Daley: A volatile time for our pensions – but this is not the time to panic Labour 'broke' the economy, says Cameron London shares climbing again French bank loses €600m in 'market incident' Dominic Lawson: Great pension divide: which side ...
- DONGGUAN, China (Reuters) - Hundreds of workers rallied at a government office in south China on Friday to demand unpaid wages from a shuttered toy maker as the global economic crisis worsened the outlook for an industry already hurt by falling ...
- Hundreds of workers gathered outside a bankrupt toy maker in south China on Friday to demand unpaid wages as the global economic crisis worsened the outlook for an industry already threatened by falling exports. Factories in the once-booming southern ...
- James Daley: A volatile time for our pensions – but this is not the time to panic Labour 'broke' the economy, says Cameron London shares climbing again France's €360bn bank rescue sweeps into law Dominic Lawson: Great pension divide: which side ...
- THE head of Germany's biggest bank will forego his annual bonus of several million euros (dollars) to show solidarity with staff in this time of financial crisis, he told a Sunday newspaper. "I told the Deutsche Bank supervisory board that I am ...
- A mother and her son were arrested Thursday on suspicion of massive fraud of hundreds of investors whose money they handled through their now bankrupt Paso Robles real estate lending business. Estate Financial’s Karen Guth shared the backseat of a ...
- Donald Knight, viewed in a clinical context, ought to be an amalgam of risk factors. When he was 6 years old, he saw his mother murdered, shot to death in an argument over drug money. At 12, when relatives could no longer care for him, he entered the ...
- TOKYO, Oct 17 (Reuters) - The dollar sagged against the euro on Friday as safety buying of the currency eased with fears over the global financial sector slightly curbed. But the dollar held steady against the yen in choppy trade as some investors ...
- Mumbai: Uppal Motors, a Noida-based dealer for Hero Honda, was hoping to ride the festive season when mostly it clocks 25-30 per cent of its annual sales. The spark is missing this time round. "The liquidity crunch has come at a most improper time ...
- Bank of America Corp ( BAC ) Stock Quote , Chart , News , Add to Watchlist NEW YORK (AP) - Credit ratings agency Standard & Poor's on Thursday said Merrill Lynch & Co. remains on a developing watch after the bank said it lost $5.2 billion, or $5.58 ...
- NEWPORT BEACH, Calif. , Oct. 16 /PRNewswire-FirstCall/ -- Downey Savings and Loan Association, F.A. today announced that it will close its Wholesale Loan Department and the loan processing centers supporting that Department, effective immediately ...
- NEW YORK (CNNMoney.com) -- Another quarter, another massive loss for Merrill Lynch. Merrill ( MER , Fortune 500 ), which is about to fold into Bank of America ( BAC , Fortune 500 ), turned in its fifth-straight quarterly loss Thursday. The nation's ...
- MILWAUKEE (AP) - MGIC Investment Corp., the nation's largest mortgage insurer, said Thursday its third-quarter loss narrowed but its results are still weighed by delinquencies and foreclosures as home prices deteriorate. Milwaukee-based MGIC said it ...
- DETROIT - With October auto sales expected to fall short of September's 15-year low, General Motors Corp. is launching a campaign this week to reach people who have stopped looking for cars out of fear that they can't get a loan. Many banks and ...
- The global financial crisis of 2008 comes as no great surprise to people who study human behavior and decision-making. As with love and sex, financial decisions made by individuals, corporations and governments are emotional and tend toward the ...
- Economic crisis brings both first round and second round effects. The first order effects are the immediate ones of lack of cash. Funding for the third sector will shrink: gifts from the public, funding from foundations and, with a lag, public grants ...
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