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By BETTINA WASSENER HONG KONG - The latest jump on Wall Street helped stocks in the Asia-Pacific region make a solid start on Friday, though the rises were less pronounced than the previous days gains in the United States and Europe and some markets ... Richard Drew / AP Trader Edward Curran smiles as he works on the floor of the New York Stock Exchange. Stocks surged Thursday, with the broader market rising more than 4 percent. AP / August 12, 2011 LOS ANGELES - An unmanned hypersonic glider developed for US defense research into super-fast global strike capability was launched atop a rocket early yesterday, but contact was lost after the experimental craft ... But the reason isnt rosy: Oil prices are lower because of expectations that the worlds economies are headed for a downturn. Frances economy unexpectedly stalled in the second quarter as demand for exports slackened amid Europes debt crisis and a slowing global recovery. A Bank of America shareholder walks into the corporate headquarters prior to the start of the Bank of America annual shareholders meeting in Charlotte, North Carolina May 11, 2011. NEW YORK (Reuters) - Video game publisher Zynga may for the first time be less reliant on its top games to make money, but it still depends on under 5 percent of its users for all of it sales. The financially strapped US Postal Service is proposing to cut its work force by 20 percent and withdraw from the federal health and retirement plans because it believes it can provide benefits at a lower cost. NEW YORK (TheStreet) -- Shares of investment banks Goldman Sachs(GS) and Morgan Stanley(MS) failed to make a sharp rebound on Tuesday, underperforming other financial stocks. HONG KONG, Aug 12 (Reuters) - Shares edged higher in Hong Kong and China on Friday, with investors playing into the China consumer story as a hedge against the prospect of slowing global growth after the intense volatility of the past ... China CNR Corp Ltd , the nations second largest train maker, is recalling 54 bullet trains used on the new Beijing-Shanghai high-speed rail line for safety reasons. A Larkspur native was charged with insider trading Thursday on allegations he made nearly $200000 by buying Marvel Entertainment options before the comics publisher was acquired by the Walt Disney Co. UNEMPLOYMENT: Observers say stocks recent volatility has yet to have a negative impact on the labor market. By BOB WILLIS Claims for US unemployment benefits unexpectedly dropped last week to a four-month low, signaling the job market is being ... Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc. Photographer: Scott Eells/Bloomberg Procter amp; Gamble Co. Demand for Treasuries is running at a level almost matching the record set last year when the government sold $2.249 trillion of notes and bonds, the most ever. NEW YORK (CNNMoney) -- Just when it seemed mortgage rates werent going to get any lower, they started testing new lows. In the tumultuous days following Standard amp; Poors debt downgrades, rates on 30-year ... A second election to determine which union will represent workers at the newly merged United Continental Holdings Inc. was decided Thursday, with the International Association of Machinists prevailing in a contest for 14039 ramp workers ... Consumers can expect to see a jump in prices for pasta, meat, vegetable oil and many other grocery items in the coming months as a pair of new government reports forecast on Thursday that a brutal mixture of heat, drought or flooding ... Declining numbers of video subscribers undercut the improved bottom lines at Cablevision Systems Corp. and Dish Network Corp., a reminder of how the pay-TV industry faces increased competition for a stagnant number of customers in a ... Editors note: An earlier version of this story misstated the latest average mortgage rates and delinquency rates for mortgage holders.
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