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Oil Price Tumbles On Weak Economy

Posted: 06/08/2012 - The price of oil fell below $83 on the prospect of weak economic growth with no immediate assistance from the U.S Federal Reserve.

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Oracle unveils suite of 'Cloud Computing' Services

Posted: 06/06/2012 - Oracle will distribute more than 100 business software applications over the Internet as the company tries to adapt to a computing shift threatening to turn it into a relic.

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Facebook Stock Edges Lower Slightly

Posted: 06/04/2012 - Since the IPO, Facebook's stock has fallen on six of the 10 trading days. It is edging lower again Monday.

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SEC Changing Rules For When Exchanges Halt Trading

Posted: 06/01/2012 - The Securities and Exchange Commission is changing the rules for when a dramatic shift in value of the stock market or individual stocks triggers exchanges to halt trading.

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Facebook Stock Follows Market, Falls Sharply

Posted: 06/01/2012 - Facebook's stock is falling with the broader market following a weak jobs report that showed the U.S. economy adding far fewer jobs than expected.

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US Again Imposes Clean-Energy Tariffs On China

Posted: 05/30/2012 - The Obama administration is moving to impose stiff new tariffs on wind-energy towers made in China, the latest strike in an escalating trade war over clean energy.

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Deals With Banks Stack Fees On College Students

Updated: 05/30/2012 - The U.S. Public Interest Research Group Higher Education Fund says as 900 colleges are pushing students into using payment cards that carry hefty costs.

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US Bank Earnings Rose This Winter To 5-Year High

Posted: 05/24/2012 - U.S. bank earnings rose in the first three months of the year to the highest level in nearly five years. The number of troubled banks fell for the fourth straight quarter.

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Facebook May Move Shares To NYSE

Posted: 05/23/2012 - Facebook is in talks with the New York Stock Exchange to move its stock from the Nasdaq Stock Market after a botched initial public offering on Friday.

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HP To Cut 27,000 Jobs To Save Up To $3.5B Annually

Updated: 05/24/2012 - Hewlett-Packard has announced plans to fire 27,000 employees. They say the plan will cut about 8 percent of the company's workforce and help save billions each year.

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