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WASHINGTON (AP) -- Defense contractor ITT Corp. spent $520,000 in the second quarter lobbying the federal government on aerospace, defense and other issues, according to a recent disclosure report.
The White Plains, N.Y.-based company lobbied Congress on..
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NEW YORK (AP) -- A federal appeals court says a criminal case against more than a dozen former KPMG tax firm employees was properly dismissed.
The 2nd U.S. Circuit Court of Appeals in Manhattan issued the ruling Thursday.
It says the federal government..
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CHARLESTON, S.C. (AP) -- The federal public defender for South Carolina will handle the court appeal of Al Parish, the former college professor convicted of bilking hundreds of investors out of $66 million.
Parish, an economist who once taught at Charles..
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LOS ANGELES (AP) -- Federal authorities say they have arrested a blogger suspected of streaming songs from Guns N' Roses unreleased album, "Chinese Democracy," on his Web site.
FBI agents arrested 27-year-old Kevin Cogill on Wednesday morning on suspicio..
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WASHINGTON (AP) -- Aluminum producer Alcoa Inc. spent $530,000 in the second quarter lobbying the federal government on power availability, defense contracts and other issues, according to a recent disclosure report.
The Pittsburgh-based company also lob..
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WASHINGTON (Reuters) - Federal Reserve policy-makers earlier this month saw a weakening economic outlook and financial market stress as supporting the case for steady interest rates despite persistent concerns about inflation pressures.
At their August..
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CRAWFORD, Texas--(BUSINESS WIRE)--The President today declared a major disaster exists in the State of Florida and ordered Federal aid to supplement State and local recovery efforts in the area struck by Tropical Storm Fay beginning on August 18, 2008, an..
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JACKSON HOLE, Wyoming (Reuters) - U.S. Federal Reserve Chairman Ben Bernanke's suggestion that financial supervision be revamped to take into account the health of the entire system is a logical response to recent market turmoil, but may be a difficult c..
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NEW YORK (Reuters) - The Federal Reserve's decision to cut interest rates in response to the U.S. financial market crisis of the past year is a bad mistake that will lead to higher inflation, a former Bank of England official said on Saturday.
In a pape..
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JACKSON HOLE, Wyoming (Reuters) - A towering grizzly bear guards the doorway to the Federal Reserve's annual policy retreat in this Teton Mountain resort, serving a reminder to central bankers of the battle to sooth the credit crunch.
"This turmoil is n..
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WASHINGTON (AP) -- Nearly three years into the Medicare drug benefit, federal officials have yet to ensure that private drug plans enacted programs to deter fraud and abuse, government investigators say.
About 24 million people are enrolled in Medicare d..
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Bernanke: Financial crisis taking toll on economy
JACKSON, Wyo. (AP) -- Federal Reserve Chairman Ben Bernanke said Friday the financial crisis that has pounded the country -- coupled with higher inflation -- is taking a toll on the economy and poses a ma..
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DETROIT (Reuters) - The Big 3 Detroit-based automakers are seeking about $25 billion in federal loans as they struggle to ride out a steep downturn in U.S. auto sales, The Wall Street Journal reported on Friday.
Lobbyists for the U.S. automakers -- Gene..
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JACKSON HOLE, Wyoming (Reuters) - Federal Reserve Chairman Ben Bernanke on Friday said the stronger dollar and lower oil prices, along with the weak economy, should curb inflation, in a hint that interest rates would stay on hold, though he warned the in..
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CRAWFORD, Texas--(BUSINESS WIRE)--The President today declared an emergency exists in the State of Florida and ordered Federal aid to supplement State and local response efforts due to the emergency conditions resulting from Tropical Storm Fay beginning o..
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biz.yahoo.com
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JACKSON HOLE, Wyoming (Reuters) - Federal Reserve Chairman Ben Bernanke tackles financial stability in a key speech on Friday but economists doubt he will provide solid clues about future policy action to calm the credit crunch.
Central bankers are gath..
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Major business events and economic events scheduled for Thursday:
JACKSON HOLE, Wyo. -- Kansas City Federal Reserve Bank economic symposium opening dinner at 7 p.m.
WASHINGTON -- Labor Dept. reports weekly jobless claims, 8:30 a.m.
WASHINGTON -- Freddi..
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OLDWICK, N.J.--(BUSINESS WIRE)--After a tumultuous first quarter of scheduled and surprise cuts in the overnight federal funds target rate, the Federal Reserve Board voted 9-1 in second quarter 2008 to keep the target rate at a low 2.00%. The lone dissent..
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ASPEN, Colo. (Reuters) - The U.S. Federal Reserve must be ready to take action if slowing economic growth fails to curb inflation stemming from higher food and energy prices, two top Fed policy-makers said on Tuesday, indicating that higher interest rate..
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WASHINGTON (AP) -- The Wine and Spirits Wholesalers of America spent $240,000 in the second quarter lobbying the federal government on food safety and tax issues, according to a recent disclosure report.
The organization, whose more than 350 member compa..
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