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European countries will force their largest banks to quickly increase their capital buffers as part of a grand strategy to solve the continent’s debt troubles, but leaders gathered at a crisis summit struggled to agree on the other key parts of the plan.
Strengthening Europe’s banks is key to finally getting a grip on the debt […]
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General Electric Co. will build the largest solar factory in the U.S. near Denver.
The company, which had announced in April it would build the factory, said Thursday it had selected Aurora, Colo., a suburb east of Denver, for the location.
The factory will have an annual capacity of 400 megawatts, enough to supply electricity to about […]
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Double-dipping _ the well-established practice of public workers collecting government pensions and salaries at the same time _ has become a hot topic for lawmakers struggling with strained budgets.
Even as some states have begun curbing the practice, a review by The Associated Press found tens of thousands of state and public school employees drawing government […]
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Researchers say tar balls washed on to Gulf of Mexico beaches by Tropical Storm Lee prove that oil left over from last year’s BP spill isn’t breaking down as quickly as some assume.
Auburn University said Tuesday that its study shows the tar that hit Alabama beaches earlier this month appeared relatively fresh and unchanged from […]
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London police say the UBS trader accused of losing the Swiss banking giant $2 billion in rogue trading has been charged with fraud and false accounting.
The City of London police department said in a statement that 31-year-old Kweku Adoboli has been charged on Friday with two offenses.
Police said that Adoboli would appear at City of […]
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An anti-American cleric is urging his followers to stop attacking U.S. troops in Iraq so that their withdrawal from the country isn’t slowed down, a call meant to ramp up pressure on Baghdad’s political leaders who are considering asking some American forces to stay.
In a statement posted on his website, Shiite cleric Muqtada al-Sadr told […]
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British police have charged a 16-year-old boy with murdering a retiree who was attacked by rioters in London last week.
The boy, who can’t be named because of his age, is accused of killing 68-year-old Richard Bowes.
Bowes was found lying in a street during riots in Ealing, west London, on Aug. 8. He died of head […]
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A rush of theme park construction across Asia that will result in new homes for Mickey Mouse, the Monkey King and Hello Kitty is also providing a financial lifeline for the world’s elite group of entertainment designers.
New theme parks, resorts and casinos are scheduled to open from Singapore to Seoul over the next several years […]
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Four years ago my husband accepted a transfer from Ottawa to Toronto. We were excited to come back to the GTA and bought a fixer-upper in a great neighbourhood in Unionville.
Late in 2009, after finishing a $110,000 renovation, my husband was laid off from his job as a marketing director for a Markham high-tech company. […]
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The International Monetary Fund official overseeing Ireland’s bailout has blamed policymaking delays and infighting in the European Union _ particularly over whether to make private bondholders share in losses _ for needlessly worsening the eurozone debt crisis.
Ajai Chopra, deputy director of the IMF in Europe, made his surprisingly critical comments Thursday while sitting alongside senior […]
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