Economy extends job loss streak
(Reuters)
03.07.2008, 19:15:06
 Reuters - U.S. employers cut workers for a
sixth straight month in June for the longest such streak since
2002 and the country's vast service sector unexpectedly
contracted, underscoring the economy's frailty. |
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Former Refco CEO gets 16 years in prison
(Reuters)
03.07.2008, 20:30:23
 Reuters - Phillip Bennett, the former chief
executive of Refco, was sentenced to 16 years in prison on
Thursday for fleecing investors of more than $2.4 billion in a
fraud that destroyed the world's largest independent
commodities broker. |
Energy shares, tame jobs data lift Dow
(Reuters)
03.07.2008, 18:12:45
 Reuters - NEW YORK (Reuters) -The Dow rose on Thursday, a day after
the blue-chip average entered a bear market, on relief payrolls
data was not as weak as some had feared and with another record
oil price boosting energy shares. |
Hedge fund swindler Israel denied bail, jailed
(Reuters)
03.07.2008, 17:10:00
 Reuters - Hedge fund swindler Samuel Israel III
faced a fresh charge of bail jumping on Thursday and was
ordered to jail immediately, one day after his mother convinced
him to end a high-profile run from justice. |
Economy casts pall on Sun Valley media fest
(Reuters)
03.07.2008, 17:33:30
 Reuters - The deteriorating U.S. economy and
slumping stock prices will frame discussions among top media
and technology executives at the 26th annual Allen & Co confab
in Sun Valley, Idaho, next week. |
62,000 jobs lost, off nearly half-million for year
(AP)
03.07.2008, 20:18:56
 AP - The nation lost jobs for a sixth month in a row in June, a storm of pink slips drenching this year's July Fourth holiday for more than 60,000 Americans and leaving thousands more worried about the future. |
U.S. wins court order for UBS Swiss bank records
(Reuters)
01.07.2008, 23:45:34
 Reuters - A federal judge in Miami has
authorized U.S. officials to seek information from UBS AG
about U.S. taxpayers suspected of using Swiss bank
accounts to evade income taxes, part of a probe that could
crack open Switzerland's tradition of bank secrecy. |
Blockbuster may do Circuit deal later: report
(Reuters)
03.07.2008, 09:45:40
 Reuters - Blockbuster Inc , which abandoned its
offer to buy Circuit City Stores Inc this week, may try
to acquire the electronics retailer later, the New York Post
said Thursday citing insiders. |
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