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House leaders have delayed a scheduled vote on the debt ceiling plan offered by House Speaker John A. Boehner, a possible acknowledgement that Republicans lacked the votes to ensure passage. This time is different. Really. That was the message from European leaders after the 11th debt-crisis summit in 17 months produced an additional €109 billion ($157 billion) in loans for deficit-bloated Greece, ... AP LATE LOSSES: A late sell-off wiped out the stock markets gains Thursday as investors worried that a bill headed for a vote in the House of Representatives would fail to break a stalemate over raising the countrys debt limit. Cutting the US deficit by some $4 trillion over 10 years would be a good start, but more savings would be needed over time to bring the countrys finances under control, ratings agency Standard amp; Poors said Thursday. Stocks turned lower late Thursday as the House of Representatives prepared to vote on a bill to avoid a US debt default. The market was up for much of the day but started to sink in the last half-hour of trading. 1. Which Murdoch told attendees at a National Assn. of Television Program Executives event that they “act more like a victim support group” than executives? July 28 (Bloomberg) -- The US Treasury will give priority to making interest payments to holders of government bonds when due if lawmakers fail to reach an agreement to raise the debt ceiling, according to an administration official. By TheStreet Wire 07/28/11 - 04:09 PM EDT NEW YORK (TheStreet) -- Biosante Pharmaceuticals (Nasdaq:BPAX) is trading at unusually high volume Thursday with 10.4 million shares changing hands. By TheStreet Wire 07/28/11 - 09:58 AM EDT NEW YORK (TheStreet) -- Shares of Skechers USA (NYSE:SKX) were gapping up Thursday morning with an open price 14.5% higher than Wednesdays closing price. HOUSTON - Exxon Mobil and Royal Dutch Shell reported large increases in second-quarter profits on Thursday, benefiting from oil and gasoline prices that have been propelled upward by political turbulence in the Middle East and North ... LONDON, July 27 (Reuters) - The dollar fell to a record low against the Swiss franc and a four-month low against the yen on Wednesday as talks aimed at averting a US debt ratings downgrade or default remained deadlocked. NEW YORK (Dow Jones)--Monster Worldwide Inc. (MWW) swung to a profit in the second quarter and the jobs-website operator reiterated its full-year guidance despite a sluggish labor market caused by economic ... (Updates with additional details and executive comments from conference call in the 12th, 18th, 19th and 20th paragraphs.) By Shara Tibken Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Motorola Mobility Holdings Inc. (MMI) reported a 28% rise in ... AP NEW YORK -- GUSHING PROFITS: Oil prices surged in the second quarter, hitting three-year highs in May. The jump helped Exxon Mobil Corp. JetBlue Airways Corp. (JBLU) is selling a three-month pass for unlimited flights to help win business passengers after the peak season ends for US vacation travel. Flyers and advertisements for “free money from the IRS” have been appearing in community churches around the country, according to IRS spokesman Raphael Tulino, but Southern California and Nevada have been particularly hard hit. NEW YORK (Reuters) - New US claims for unemployment benefits fell more than expected last week, dropping below the key 400000 level for the first time since early April, according to a government report on Thursday that pointed to some labor market ... Starting today, Twitters promoted tweets--also known as advertisements--will begin appearing at or near the top of users timelines, the company announced today. In reality the fight over whether the spending reductions to be obtained in return for increasing the debt limit is spurious: the cuts in discretionary spending of the sort being tossed around ...
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