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With ban looming, some Saudis sell off BlackBerrys
Some Saudis are trying to sell their BlackBerrys ahead of a ban on the smart phone's messenger service in the kingdom
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Oil rises above $82 as traders eye US jobs report
Oil rose above $82 a barrel in Asia ahead of a key employment report that will help gauge the strength of the U.S. economy
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EU’s $580 billion safety fund up and running
A European Union financial stability fund with the potential to raise up to $580 billion to help EU countries weather debt problems is now fully operational
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Companies hire at slow pace for 3rd straight month
Companies showed a lack of confidence about hiring for a third straight month in July
Read More »New claims for jobless benefits rise to 479K
Initial requests for jobless benefits rose last week to their highest level since April, a sign that hiring remains weak and some companies are still cutting workers
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Retail sales tepid as frugality returns
Retailers posted July sales below analysts' expectations
Read More »BP shares rally on hopes for final leak plug
Shares in BP hit two-month highs on Thursday on hopes the group would soon permanently seal its Gulf of Mexico oil well
Read More »BP prepares to finish up ‘static kill’ with cement
BP planned to pump cement into its blown-out oil well in the Gulf of Mexico on Thursday, hoping to start sealing it for good
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Goldman Sachs May Spin Off Prop Trading Unit
Goldman Sachs is considering spinning off its proprietary trading group
Read More »Work remains even with BP leak plugged, oil fading
Crews made key progress in plugging BP's blown-out Gulf oil well Wednesday as a report said much of the spilled crude is gone
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