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Stocks knocked down by Bernanke Stocks knocked down by Bernanke
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Feb. 14 - U.S. stocks suffered their biggest sell-off in two weeks after the head of the Federal Reserve forecast weak growth and new credit worries surfaced. The Dow lost 175 points to 12,376. The S&P 500 gave up 18 points to 1,348. The Nasdaq tumbled 41 points to 2,332. Oil hit $95 a barrel.
Conway Gittens reports from New York.

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Pizza\ Pizza's perfect storm
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Mar. 14 - Domino's Pizza and fast food chains around the country are getting hit hard by record commodity prices and a skittish consumer. Wheat prices have surged 170-percent in the past year and that's having a big impact on pizza companies like Domino's which is also seeing record prices for cheese and tomatoes.
Ruben Ramirez reports.

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Countrywide talk lifts Wall Street Countrywide talk lifts Wall Street
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Jan. 10 - U.S. stocks enjoyed their strongest two-day rally of 2008 after reports Bank of America is in serious talks to buy Countrywide Financial. The Dow jumped 117 points to 12,853. The S&P 500 rose 11 points to 1,420. The Nasdaq gained 13 points to 2,488.
Conway Gittens reports from New York.

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Nintendo\ Nintendo's game plan
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Grand Theft Auto IV may be a big hit but its not the only game in town.Big crowds may have turned out for the launch of Grand Theft Auto IV, but Nintendo and its family friendly games are attracting a lot of attention, and sales, as well. Bobbi Rebell reports.

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Economy on the brink Economy on the brink
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Mar. 7 - More job losses in US pointing to further weakness in economic outlook. U.S. employers unexpectedly cut jobs in February at the steepest rate in nearly five years, a second straight month of employment losses that heightened fears the world's largest economy has skidded into recession.
Deborah Lutterbeck reports.

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Bear Stearns downfall Bear Stearns downfall
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Mar 17 - Bear Stearns found itself in the bargain bin after a cash crunch forced a quick sale. JP Morgan and the Fed stepped in to save Bear Stearns, paying just $236 million dollars for the former Wall Street powerhouse. Bobbi Rebell reports.

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Blu-Ray makes gains in DVD war Blu-Ray makes gains in DVD war
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Jan. 15 - The battle of the next generation DVD formats may finally be headed for a close. With Warner Brothers on its side, and competitor Toshiba slashing prices on its HD DVD players, Blu Ray maker Sony could be close to winning the battle of the next generation DVD players.
Bobbi Rebell reports.

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Recession not depression Recession not depression
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Apr. 2 - Fed Chairman Ben Bernanke said he sees a possible slowdown in the first half of year -- but no signs of a replay of the Great Depression. While the economy may be in fragile shape and financial markets under stress, Federal Reserve Board Chairman Ben Bernanke, a Great Depression Scholar told a congressional panel history is not repeating itself.
Deborah Lutterbeck reports.

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Pixar scores with WALL-E Pixar scores with WALL-E
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Jun. 30 - WALL-E was at the top of the box office on its opening weekend, giving Disney's Pixar its latest number one hit.Pixar continues its winning streak with the successful release of WALL-E. Its creativity and risk taking have given it a unique perch at the top of Hollywood. Bobbi Rebell reports.

Related: business_gf, disney, pixar, wall-e

Google in the hot seat Google in the hot seat
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Feb. 28 - Google unveils several new applications, but Wall Street focuses on weak click through numbers. Google is under a microscope. The search engine, which not too long ago seemed untouchable, is finding itself under pressure. Bobbi Rebell reports.

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Google courts Yahoo Google courts Yahoo
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Feb 4 - Google has begun flirting with a Yahoo alliance, less than a week after Microsoft's unsolicited bid for the company.Sources tell Reuters that Google has offered, and Yahoo is now considering a business alliance. This comes just days after Yahoo received an unsolicited $44.6 billion takeover bid from Microsoft.

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On Wall St., little pity for Spitzer On Wall St., little pity for Spitzer
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Mar 11 - After years of being the target of Eliot Spitzer's investigations, Wall Street may be having the last laugh.Eliot Spitzer went after Wall Street for years. Now facing allegations of ties with a prostitution ring, the New York Governor finds himself on the defensive. Bobbi Rebell reports.

Related: business_gf, eliot, governor, reuters, scandal, spitzer, st, wall

Oil hits 2-month low Oil hits 2-month low
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Jul 29 - Crude oil prices dropped roughly $2.50 on fear of further demand reduction in the U.S., the world's largest energy consuming nation.
The Dow jumped 266 points to 11,397. The S&P 500 rallied 28 points to 1,263. The Nasdaq gained 55 points to 2,319.
Oil prices settled at $122.19 a barrel.
Conway Gittens reports from New York.

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Stocks rally as oil drops Stocks rally as oil drops
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May 12 - U.S. investors showed they were willing to take on risk as oil prices fell for the first time in six sessions and investors bet a faster BlackBerry would spur corporate spending. The Dow rallied 130 points to 12,876. The S&P 500 rallied 15 points to 1,403. The Nasdaq rallied 42 points to 2,488. Crude oil shed $1.73 to $124.23 a barrel.
Conway Gittens reports from New York.

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Stocks fizzle as oil hits $100 Stocks fizzle as oil hits $100
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Feb 19 - U.S. stocks erased a sharp rally as oil prices closed above $100 a barrel for the first time.The Dow shed 10 points to 12,337. The S&P 500 lost more than a point to 1,348. The Nasdaq lost 15 points to 2,306. Crude oil surged to $100.01 a barrel.

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Bernanke in the hot seat Bernanke in the hot seat
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Feb. 27 - Fed Chairman Ben Bernanke faces a US economy plagued by weaker growth, upward pressure on prices, and a housing sector in crisis. Bernanke assured lawmakers in his semi-annual report on the economy that the US Federal Reserve stands by ready to assist the economy is it weakens further.
Deborah Lutterbeck reports.

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Central Bank Gamble Central Bank Gamble
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Dec 13 - A new era for the Federal Reserve as it joins other Central Banks to stem global credit crisis.For Fed chief Ben Bernanke - now nearly two years into the job - the stakes are high.

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Markets cheer rate cut Markets cheer rate cut
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The US Federal Reserve slashed rates by 3/4 of a point, cutting the overnight borrowng rate and sparking a rally. The Fed's smaller than expected rate cuts come a day after it engineered of a rescue of venerable Wall St. firm Bear Stearns, which bet badly on mortgage-backed investments and could no longer meet its trading obligations. Bobbi Rebell reports.

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Tanker bids reopened; US stocks slump Tanker bids reopened; US stocks slump
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Jul 9 - The Pentagon reopened bidding on an aerial refueling tanker; stocks continue recent slide. The Pentagon will hold a new competition for the $35 billion dollar aerial refueling tanker contract. Meanwhile the markets extended their downward spiral, pushing the S&P into bear market territory. Bobbi Rebell reports.

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Stocks gain despite new oil record Stocks gain despite new oil record
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U.S. stocks staged a late-day turnaround as the energy sector rallied on the back of $121 oil and Fannie Mae led a rebound in financials.The Dow rose 51 points to 13,020. The S&P 500 rose 10 points to 1,418. The Nasdaq rose 19 points to 2,483. Crude oil settled at a record $121.84 a barrel.

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