July 7th, 2010
United Way of Greater Greensboro said Tuesday that its board of directors has approved a plan to invest $7.3 million with 66 United Way member agency programs and initiatives.
Funding is tied to demonstrated outcomes to address community needs in three areas: education, income/self-sufficiency and health.
“The program results of our partner agencies have been especially effective […]
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February 23rd, 2010
South Africa will probably report this week that the economy is expanding at its fastest pace in more than a year and that inflation exceeded the target range for a second month, closing the door on interest rate cuts.
Regulators may also announce an increase in electricity prices of as much as 30 percent […]
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February 6th, 2010
President Barack Obama’s politics may be drawing inspiration from an unlikely source: Ronald Reagan.
The late Republican president may become Democrat Obama’s most relevant role model as the U.S. economic and political climate mirrors Reagan’s first term, which began in 1981.
While Republicans suffered losses in the congressional elections of 1982, the economy began […]
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January 26th, 2010
A 1930 Ford Model A used by bank robber John Dillinger to evade federal agents sold at auction Saturday for $165,000.
The car, sold at the Barrett-Jackson collector car auction in Scottsdale, Ariz., had a cameo role in the 2009 movie "Public Enemies" starring Johnny Depp.
This car was used in Dillinger’s 1934 escape from the […]
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November 11th, 2009
Stocks rallied Monday, with the Dow industrials surging to a 13-month high, as investor optimism gained momentum.
The Dow Jones industrial average (INDU) soared 204 points, or 2%, to close at 10,226.94 — its highest level since Oct. 3, 2008.
The gains were broad-based, with all but 1 of the 30 components in the blue-chip index […]
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October 16th, 2009
The Dow industrials closed above 10,000 Wednesday, ending at the key psychological milestone for the first time in more than a year, following upbeat profit reports from Intel and JPMorgan Chase.
The Dow Jones industrial average (INDU) rose 145 points or 1.5%, finishing at its highest point since Oct. 3, 2008, when it closed at […]
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October 9th, 2009
Google’s Android operating system for mobile phones will be available on the Verizon Wireless network under an agreement the companies announced Tuesday.
The companies said Verizon (VZ, Fortune 500) will introduce Android-based handsets within the next few weeks.
"The Android platform allows Verizon Wireless customers to experience faster and easier access to the Web from […]
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September 11th, 2009
Don’t look to consumers to spend their way to an economic recovery.
Just how stressed American consumers — and their lenders — feel was evident in the latest consumer credit report issued Tuesday by the Federal Reserve. The amount of credit outstanding fell by a record $21.6 billion in July, the sixth straight month of […]
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August 14th, 2009
Oil rose Wednesday as stock market gains raised optimism about the economy, offsetting concerns about rising inventories and weak demand in top consumer the United States.
U.S. crude for September delivery settled up 71 cents at $70.16 a barrel.
The gains came as global stock markets posted a broad rally, led by technology and home-building shares […]
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August 1st, 2009
Stocks trimmed losses by the close Wednesday, but remained in the red after a weak durable goods orders report added to worries about the economy and investors soured on Yahoo’s partnership with Microsoft.
The Dow Jones industrial average (INDU) lost 26 points, or 0.3%. The S&P 500 (SPX) index fell 4 points, or 0.5%. The […]
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