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NYT > Business Day
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| http://www.nytimes.com/pages/business/index.html?partner=rss&emc=rss |
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India’s central bank and economic analysts predict that growth will fall sharply to 7 percent this fiscal year and remain sluggish.
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Some major shareholders in Xstrata spoke out against a deal that would create a global diversified mining company with a market value of nearly $90 billion.
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Before the Senate Budget Committee, the Federal Reserve chairman continued to defend against criticism of efforts to simultaneously control inflation and unemployment.
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Greek workers walked off the job on Tuesday to protest a new barrage of austerity measures being demanded by the country’s foreign creditors.
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The largest Swiss bank said fourth-quarter profit slumped as its wealth management unit failed to make up for a loss in investment banking.
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Toyota raised its annual profit forecast Tuesday despite a 13.5 percent decline in the quarter ended in December that followed production cutbacks in the aftermath of Japan’s tsunami.
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The British oil company also reiterated its desire for a "fair and reasonable" settlement ahead of a trial on liability for the 2010 Gulf of Mexico oil spill.
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The availability of content across various platforms contributed to declines in newsstand sales for print magazines, analysts said. Women's and celebrity magazines suffered sharp dropoffs.
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The charges against DocX, which provided home foreclosure services to lenders across the nation, are one of the few criminal actions to follow reports of widespread improprieties against homeowners.
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The Wall Street tycoon Sardar Biglari "certainly is a Warren Buffett disciple," an associate said. "The one thing that's quite different is that he's not a guy who's afraid of picking a fight."
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Underpinning the misuse of customer money was a state of utter chaos at the firm, investigators said, as it rushed to sell assets and unwind positions to stay afloat.
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The actions include freezing all property of the Central Bank of Iran, other Iranian financial institutions and the Iranian government in the United States.
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"Active users" add up in Facebook's prospectus, but some of those clicks aren't on the Web site.
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A major foreclosure services company is indicted for "robo-signing," even as a multibillion-dollar deal to provide relief to struggling homeowners offers limited legal protection for financial firms.
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Congressional Republicans are trying to tamper with institutions that won't do their bidding, an economist writes.
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The long-brewing business plan that became public on Monday would offer both networks access to the growing audience of English-speaking Hispanics in the United States. It would also give ABC News a prominent cable outlet.
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For iPhone and iPad owners looking for software in Apple's App Store, it is easy to be overwhelmed by the hundreds of thousands of available apps. To stand out in the crowd, some app makers have apparently found ways to game the system.
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Will it have a quantifiable effect in nurturing start-ups and creating jobs?
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As airlines come up with ever more ancillary fees, travelers are figuring out creative ways to avoid them.
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Articles in this series are examining challenges posed by increasingly globalized high-tech industries.
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An animated explanation of how banks use securities lending to make a profit, while their customers cover the losses.
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