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January 31st, 2011

DUBLIN (AP) — Budget airline Ryanair announced an unexpected third-quarter net loss of euro10.3 million ($14 million) Monday and blamed snow-covered runways and air-traffic controller strikes for lost business. (more)

December 20th, 2010

WASHINGTON (AP) — Barack Obama’s terrible, horrible, no good, very bad year got off to a terrible, horrible, no good, very bad start. (more)

December 2nd, 2010

LOS ANGELES (AP) — Troubled movie studio Metro-Goldwyn-Mayer Inc. said Thursday that a federal bankruptcy court has approved a prepackaged bankruptcy plan in which its lenders will exchange nearly $5 billion in debt for ownership of the company responsible for half of “The Hobbit” movies. The two-part series is to go into production in February. (more)

December 2nd, 2010

LOS ANGELES (AP) — The worst summer for home sales in decades also put a chill on foreclosure sales, even as the average discounts on the distressed properties got bigger compared with other types of homes. (more)

November 5th, 2010

NEW YORK (AP) — American International Group Inc., one of the largest recipients of government aid during the financial crisis, reported a $2.4 billion loss due to restructuring charges Friday as the sprawling insurance company made more strides toward trimming down its balance sheet and returning taxpayer-funded bailout money. (more)

October 18th, 2010

NEW YORK (AP) — Citigroup Inc., one of the worst-hit banks during the financial crisis, posted its third straight quarterly profit in a sign that major banks and their customers are starting to find their footing. (more)

October 13th, 2010

NEW YORK (AP) — Wal-Mart, known for its giant stores and global omnipresence, is shifting gears to think small: focusing on small and medium-size stores that it plans to open in small towns and urban markets as it seeks to jump-start sluggish U.S. sales. (more)

October 3rd, 2010

NEW YORK (AP) — Here’s something to think about the next time you pick up a call on your iPhone: the device you’re holding may soon be the signature product of the most valuable company in the world. (more)

September 23rd, 2010

NEW YORK (AP) — Blockbuster Inc., once the dominant movie rental company in the U.S., filed for Chapter 11 bankruptcy protection on Thursday, reeling from mounting losses, rising debt and competitors that have better catered to Americans’ changed media habits. (more)

September 16th, 2010

NEW YORK (AP) — FedEx Corp. indicated Thursday that the global economic recovery remains uneven. While strength in international shipments is boosting net income, FedEx is cutting 1,700 jobs in its U.S. freight business to offset losses there. (more)

September 3rd, 2010

WASHINGTON (AP) — Unemployment is stuck at high levels even though some companies are hiring. The problem, government data show, is that too few jobs are being created for the growing number of people looking for work. (more)

September 3rd, 2010

WELLINGTON, New Zealand (AP) — The reclusive New Zealand billionaire buying the U.S. maker of Hefty brand trash bags to create the world’s second-biggest packaging business started out as a tow truck driver and bounced back from the brink of bankruptcy more than a decade ago to become his country’s richest person. (more)

August 27th, 2010

NEW YORK (AP) — Tiffany & Co.’s second-quarter net income rose 19 percent on higher revenue as shoppers bought more of its high-end jewelry around the world, particularly in Asia and Europe. (more)

August 17th, 2010

NEW YORK (AP) — A dollar for a 40-ounce bottle of ketchup? Yawn. Four bucks for a 12-pack of Coke? No sale. (more)

August 12th, 2010

NEW YORK (AP) — Technology companies led the stock market to its third straight loss Thursday after an earnings report from Cisco Systems raised more questions about the economy. (more)

August 7th, 2010

SAN FRANCISCO (AP) — Lauded for making Hewlett-Packard Co. the world’s biggest technology company, CEO Mark Hurd was in negotiations for a new contract worth about $100 million, according to a person familiar with the negotiations. (more)

August 4th, 2010

FORT WORTH, Texas (AP) — The Texas Rangers are stepping closer to getting out of federal bankruptcy protection. (more)

August 3rd, 2010

NEW YORK (AP) — The stock market put its big rally on hold Tuesday after disappointing earnings and economic reports reminded investors of the obstacles still facing the economy. (more)

July 22nd, 2010

WASHINGTON (AP) — Many Americans could be hit with a big tax increase in the next two or three years despite President Barack Obama’s repeated promises to shield the middle class from higher rates. (more)

July 19th, 2010

DUBLIN (AP) — The Moody’s agency cut Ireland’s credit rating Monday, citing the country’s swelling national debt, the unpredictable cost of its bank-bailout plans and its weak growth prospects for the next three to five years. (more)

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