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U.S. markets recover from steep losses
MUNICH, Germany, March 2 (UPI) -- German Economics Minister Karl-Theodor zu Guttenberg said he would discuss the future of carmaker Opel with U.S. officials.
Opel has asked the government to step in with emergency funding. But, the government has been cautious, fearing German taxpayer money could end up in the United States, as Opel is owned by U.S. automaker General Motors Corp., the Financial Times reported Monday.
One proposal under consideration is for Opel and Vauxhall brands, both owned by GM, to be transferred to a new holding company open to outside investors, the Financial Times said.
While cautious about helping the company, the government may step in to save Opel's 50,000 jobs during an election year, the Financial Times said.
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ANCHORAGE, Alaska, May 24 (UPI) --
Officials at BP said the spill of an estimated 4,200 gallons of crude oil and associated water was contained at a site at the Prudhoe Bay field in Alaska.
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SCOTTSDALE, Ariz., May 24 (UPI) --
Commercially sold Samsung smartphones and tablets will feature defense-grade cyber and information security systems under a partnership with General Dynamics.
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First-time buyers are driving the expectations that a recovery has begun. Their numbers and market share are growing despite financing roadblocks and competition with investors for entry-level homes. ...
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It is a whole new ball of wax in Europe these days.
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