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Street Looks Past Weak Home Sales Report

Posted: 11/24/2008 - Wall Street is shrugging off a larger-than-expected drop in sales of existing homes last month as investors instead focus on the government's plan to bail out Citigroup Inc.

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Auto Industry Planning Carpool To Washington

Posted: 11/24/2008 - The head of an auto parts company says there is talk about forming a car caravan to take the CEOs of Detroit's three automakers on their return trip to Washington to seek federal loans.

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Take A Turkey To Work Day

Posted: 11/21/2008 - More than 6,000 people will not have a Thanksgiving dinner if not for the giving nature of the Colorado Springs area.

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EU Wants Early Foreign Policy Focus From Obama

Updated: 11/02/2009 - The European Union's foreign policy chief says he expects U.S. President-elect Barack Obama to move quickly to address top trans-Atlantic goals, including Middle East peace, negotiations with Iran and slowing global warming.

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AP Sources: GM To Announce More Production Cuts

Posted: 11/21/2008 - General Motors Corp. is telling workers that it will make further production cuts at several factories, according to people briefed on the discussions.

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Stocks Open Higher After Steep Sell-Off

Posted: 11/21/2008 - Wall Street is experiencing some relief, with stocks opening sharply higher, following a report that a pounded-down Citigroup Inc. might put itself up for sale.

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International Market Rebound

Posted: 11/21/2008 - International stock markets are headed back up today after recent sharp declines.

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Bush Signs Bill Providing Extra Jobless Benefits

Posted: 11/21/2008 - The White House says President Bush signed into law a bill that Congress approved to keep unemployment checks flowing to jobless Americans through the holiday season.

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Wall Street Hits Lows Not Seen In Years

Posted: 11/19/2008 - Wall Street hit levels not seen since 2003, with the Dow Jones industrial average falling below the 8,000 mark, as the fate of Detroit's Big Three automakers and the economy disheartened investors.

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Stocks Dip After Report On Consumer Prices

Posted: 11/19/2008 - Stocks are moderately lower in early trading as investors, nervous about the fate of the nation's top automakers, scour more economic data.

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U.S. Home Construction Sinks To New Record Low

Posted: 11/19/2008 - A government report says construction of new homes plunged 4.5 percent last month to the lowest level on government records, as U.S. builders slashed production while Wall Street nosedived.

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Bad Economy Snuffing Out Businesses

Updated: 11/17/2008 - Businesses small and big right here in Colorado Springs are feeling the rippling affects of a souring economy. The Mission Inn Restaurant which was open for more than three decades has even closed.

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Target 3Q Profit Falls 24 Percent

Posted: 11/17/2008 - The discount retailer says profit for the three months ended Nov. 1 fell to $369 million, or 49 cents per share, from $483 million, or 56 cents per share, last year.

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AAA: Average Price Of Gas In Colorado Is $2.029

Posted: 11/17/2008 - The latest survey released Monday shows an average price of $2.029 for a gallon of regular unleaded gasoline. That's down almost $1.02 in the past month, and down more than $2.06 since the record average high of $4.093 on July 17.

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Lawmakers Question Need For State Stimulus Package

Posted: 11/13/2008 - Ritter told the Legislature's Joint Budget Committee he wants to set aside $2.5 million to help small businesses get credit and another $2.5 million to set up job training at community colleges.

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Trane To Cut 270 Pueblo Jobs

Trane

Posted: 11/13/2008 - The manufacturer of commercial air conditioning systems says it will cut 270 jobs in the next three years and transfer the workload to its plant in Monterrey, Mexico.

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Banks Promise They Won't Use Bailout Money for pay

Posted: 11/13/2008 - Executives from four financial institutions that have received a total of $75 billion in federal bailout funds are promising they won't use the money to pay their executives and employees.

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Wal-Mart's 3Q Profit Rises 10 Percent

Posted: 11/13/2008 - Wal-Mart is reporting a 10 percent increase in third-quarter profit as the world's largest retailer's renewed focus on low prices attracts financially squeezed shoppers around the world.

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