NEW YORK, Oct. 27, 2009 (Reuters) — U.S. consumer confidence deteriorated sharply in October as the worst job market in a quarter century heightened concerns about the future, more than outweighing modest improvements in the housing sector. ... > full story
DETROIT/FRANKFURT, Oct. 23, 2009 (Reuters) — General Motors will decide in early November whether to proceed with a deal to sell its European arm Opel to a group led by Canada's Magna or to seize a new opportunity to keep the unit after seven months of grinding negotiations. ... > full story
CHICAGO, Oct. 23, 2009 (Reuters) — Major U.S. airlines have launched a $10 round-trip domestic fare increase, marking the fifth industrywide fare hike in 2009 and possibly signaling new pricing power for airlines as they claw their way out of an economic downturn. ... > full story
WASHINGTON, Oct. 23, 2009 (Reuters) — The U.S. futures regulator urged Congress to require thousands of "non-major" financial firms and funds to use clearinghouses to reduce the risk of another market collapse as part of its reform of the $450 trillion swaps market. ... > full story
CHATHAM, Mass, Oct. 23, 2009 (Reuters) — Officials should take their time with regulatory reforms to make sure that they "get it right" and find a lasting solution, Federal Reserve Vice Chairman Donald Kohn said on Friday. ... > full story
CHATHAM, Massachusetts, Oct. 23, 2009 (Reuters) — U.S. Federal Reserve Chairman Ben Bernanke on Friday laid out his most detailed description yet of the central bank's post-crisis approach to regulation and said requiring big banks to hold more capital was under consideration. ... > full story
SAN FRANCISCO/NEW YORK, Oct. 23, 2009 (Reuters) — Russell Read, the former chief investment officer of Calpers, the largest pension fund in the United States, knows his trees. ... > full story
NEW YORK, Oct. 23, 2009 (Reuters) — Quarterly results from Whirlpool Corp , Fortune Brands and several other manufacturers pointed to slight improvements in the U.S. housing market, sending their shares higher. ... > full story
NEW YORK, Oct. 23, 2009 (Reuters) — Ingersoll-Rand PLC , which makes heating and cooling systems for homes, businesses and transport, reported higher-than-expected quarterly profit on Friday despite challenges in its markets and gave a 2010 outlook above Wall Street estimates. ... > full story
NEW YORK, Oct. 23, 2009 (Reuters) — Shares of Amazon.com hit a 10-year high on Friday, rising more than 20 percent shortly after the market open a day after the online retailer reported robust quarterly profit. ... > full story
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