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Stocks mixed as smoke clears from D.C. deal making

Stocks mixed as smoke clears from D.C. deal making

NEW YORK, Oct. 17 (UPI) -- U.S. investors turned their focus to corporations Thursday and didn't always like what they found.
Trade group blames Washington for retail decline

Trade group blames Washington for retail decline

NEW YORK, Oct. 16 (UPI) -- A trade group in New York said the government shutdown is partly to blame for the second consecutive week of declining retail sales.

BlackBerry founders consider takeover of smartphone maker

WATERLOO, Ontario, Oct. 11 (UPI) -- The two men who founded BlackBerry Ltd. say they may bid for the 92 percent of the struggling Canadian smartphone maker they don't already own.

Retail slides slightly in week of 'uncertainty'

NEW YORK, Oct. 8 (UPI) -- A U.S. retail trade group said sales receipts at chain stores dropped slightly in the week ending Saturday due to economic uncertainty.
Goldman Sachs predicts a double-deal compromise

Goldman Sachs predicts a double-deal compromise

NEW YORK, Oct. 4 (UPI) -- A Goldman Sachs analyst said don't hold your breath, but predicted the U.S. government shutdown will end with a double-deal compromise in mid-October.
Twitter plans $1B stock market launch under TWTR symbol

Twitter plans $1B stock market launch under TWTR symbol

NEW YORK, Oct. 4 (UPI) -- Twitter Inc. plans a $1 billion stock market launch under the TWTR ticker symbol, but the U.S. online messaging service revealed it has never turned a profit.
Top banker: Shutdown hurts 'shallow' recovery

Top banker: Shutdown hurts 'shallow' recovery

WASHINGTON, Oct. 2 (UPI) -- The head of a trade group representing U.S. bankers said Wednesday the federal government shutdown will hurt what he called a "shallow recovery" from recession.

Obama policies make inequality a lot worse

COLLEGE PARK, Md., Sept. 17 (UPI) -- Income inequality has been growing since the 1970s but U.S. President Barack Obama's economic policies are making it worse and much faster than Presidents George W. Bush or Bill Clinton.
PETER MORICI, UPI Outside View Commentator

Retail receipts bounce back in week

NEW YORK, Sept. 11 (UPI) -- Retail business pulled out of a late summer slump in the United States in the week ending Saturday, a prominent trade group said.

Markets post gains Wednesday

NEW YORK, Sept. 10 (UPI) -- Stocks moved higher on Wall Street Tuesday as data from China showed strength in their economic recovery and worries over Syria receded.
Alcoa, H-P and BofA ushered off blue-chip index

Alcoa, H-P and BofA ushered off blue-chip index

NEW YORK, Sept. 10 (UPI) -- The Dow Jones industrial average is getting a makeover with three blue-chip U.S. firms being turned out and three others replacing them, index officials said.
Moody's considering credit downgrade of three big banks

Moody's considering credit downgrade of three big banks

NEW YORK, Aug. 23 (UPI) -- Credit rating firm Moody's Investors Service said it could cut the credit ratings of three large U.S. banks, citing shifting federal policies as the reason.

N.Y. investment banker charged with rape at Hampton summer rental

EAST HAMPTON, N.Y., Aug. 23 (UPI) -- A New York banker has been charged with raping a young woman at a summer rental home in the Hamptons, authorities say.

Retail sales backpedal in the week

NEW YORK, Aug. 20 (UPI) -- U.S. retail sales slipped 1.9 percent from week to week in the seven days ending Saturday, a trade group reported.

U.S. retail receipts up year-on-year, down week-to-week

NEW YORK, Aug. 13 (UPI) -- U.S. retail sales for the first week of August were up 2.6 percent from same week last year but down 0.2 percent from the previous week, a trade group reported.

Blackstone prepares to take Hilton Worldwide public

NEW YORK, Aug. 8 (UPI) -- U.S. equity firm Blackstone Group is taking steps to prepare Hilton Worldwide for a return to life as a public company, sources told The Wall Street Journal.

Retail sales helped by cool weather and tax breaks

NEW YORK, Aug. 6 (UPI) -- U.S. retail sales receipts rose 0.3 percent in the week that ended Friday, the International Council of Shopping Centers said Tuesday.

Retail sales slow in the week

NEW YORK, July 30 (UPI) -- U.S. retail sales receipts declined 1.6 percent in the week that ended Friday, the International Council of Shopping Centers said Tuesday.

Report: Hudson's Bay to buy Saks Fifth Avenue

NEW YORK, July 29 (UPI) -- The race to scoop up U.S. luxury retailer Saks Fifth Avenue has been won by Canadian chain Hudson's Bay, sources told the New York Post.

Spanish ministers meet with energy investors on market reforms

LONDON, July 26 (UPI) -- Steep cuts in renewable energy subsidies and other changes in Spain's electricity market this week prompted ministers to meet with nervous investors in London.

U.S. retail sales post solid gains

NEW YORK, July 23 (UPI) -- U.S. retail sales receipts rose 1.4 percent in the week that ended Friday, the International Council of Shopping Centers said Tuesday.

Ex-trader Tourre scheduled for trial Monday

NEW YORK, July 14 (UPI) -- The trial of ex-Goldman Sachs trader Fabrice Tourre in New York could put a face on the carelessness that led to the 2007 collapse, legal experts said.

The almanac

UPI Almanac for Sunday, July 14, 2013.
By United Press International

Retail sales jump in the week

NEW YORK, July 10 (UPI) -- U.S. retail sales receipts rose sharply in the week that ended Friday, the International Council of Shopping Centers said.

Banks accused of colluding to protect Euro credit derivatives revenue

BRUSSELS, July 1 (UPI) -- Antitrust regulators in Europe charged 13 large banks Monday with colluding to prevent new competitors from entering the credit derivatives market.
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