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U.S. stocks advance as employment report comes as expected (MarketWatch via Yahoo! Finance) NEW YORK -- U.S. stocks end mostly higher, offering a benign reaction to the government's report on employment, which fell only slightly more than expected in June, offsetting worries that the ailing economy is getting worse. us.rd.yahoo.com
MARKET SNAPSHOT: U.S. Stocks Advance As Employment Report Comes As Expected (Nasdaq) U.S. stocks on Thursday ended mostly higher in offering a benign reaction to the government's report on employment, which declined only a bit more than expected in June, offsetting worries that the ailing economy is getting worse. us.rd.yahoo.com
AIG's Former Chief Sullivan Gets $47 Million Package (Update2) (Bloomberg.com) July 1 (Bloomberg) -- American International Group Inc. , the world's largest insurer by assets, agreed to give ousted Chief Executive Officer Martin Sullivan about $47 million in severance and long-term compensation. us.rd.yahoo.com
CENTRAL NY BUSINESS NEWS (The Post-Standard) • Experts: US share of foreign tourists slips Despite the weak U.S. dollar, a boom in international travel around the world hasn't translated into an explosion of foreign tourists to the United States. us.rd.yahoo.com
CENTRAL NY BUSINESS NEWS (The Post-Standard) • CXtec lays off 42 workers in Salina CXtec on Wednesday laid off 42 Syracuse-area employees and three others in its Buffalo office - 12 percent of its work force - because of a change in its agreements with computer equipment maker Cisco Systems that cut revenues by almost one-third. us.rd.yahoo.com
Stocks Closed Mixed Going Into Holiday Weekend - U.S. Commentary (Nasdaq) (RTTNews) - Stocks ended an abbreviated session mixed on Thursday following the release of some mixed economic data. The trading session saw light volume as some investors looked to extend their holiday weekend, adding to some volatility in the markets. us.rd.yahoo.com
CENTRAL NY BUSINESS NEWS (The Post-Standard) • Industry criticizes fuel plan Detroit A lobbying group for 10 major automakers said Tuesday the government is underestimating the cost of increasing fuel economy standards and wants those standards to go into effect too quickly. us.rd.yahoo.com
CENTRAL NY BUSINESS NEWS (The Post-Standard) • Brewer cuts $1B in benefits St. Louis Anheuser-Busch Cos. plans to cut pension and health care benefits for its salaried employees as part of an effort to slash $1 billion in costs by the end of 2010 and fend off an unsolicited $46 billion bid from Belgian brewer InBev. us.rd.yahoo.com
Small caps struggle amid soft financials (SmallCapInvestor.com via Yahoo! Finance) Small-cap stocks edged lower Monday, pulled down by nagging concerns linked to the ongoing credit crunch, which weigh on small-cap financial institutions and by a record high crude oil prices. us.rd.yahoo.com
CENTRAL NY BUSINESS NEWS (The Post-Standard) • Finding and using renewable energy can be difficult Q. My power company is raising rates, and blaming soaring coal and natural gas prices. But given all the new wind farms and solar projects I read about, shouldn't electricity rates be falling? us.rd.yahoo.com
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