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Will the Volt recharge GM and US auto industry?
He stands all day, bent over noisy machines, cutting giant sheets of steel and feeding them into monster-sized presses so powerful the concrete floor rumbles beneath his size-16 feet.

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Market Commentary and Intraday News
Will the Volt recharge GM and US auto industry? (AP:WARREN, Mich.) He stands all day, bent over noisy machines, cutting giant sheets of steel and feeding them into monster-sized presses so powerful the concrete floor rumbles beneath his size-16 feet.

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Markets prepare for volatile week
Investors are preparing for more volatility in the coming days, adjusting to what seems to be the new normal, amid heightened worries that the outlook for global economic growth has dimmed.

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Will Volt recharge industry?
WARREN, Mich. He stands all day, bent over noisy machines, cutting giant sheets of steel and feeding them into monster-sized presses so powerful the concrete floor rumbles beneath his size-16 feet.

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Nissan breaks ground on battery plant for Leaf car
Nissan North America Inc. broke ground Wednesday for a lithium-ion battery plant as part of a plan to build a five-passenger all-electric car, the Leaf, and create up to 1,300 jobs in Tennessee.

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Auto loan payments show sharp improvement in 1Q
NEW YORK (AP) — Late payments on auto loans dropped sharply in the first three months of the year compared with the same period in 2009, reflecting both tighter lending standards and consumers’ improved payment habits.

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Auto loan payments show sharp improvement in 1Q
Late payments on auto loans dropped sharply in the first three months of the year compared with the same period in 2009, reflecting both tighter lending standards and consumers’ improved payment habits.

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Auto loan payments show sharp improvement in 1Q
Late payments on auto loans dropped sharply in the first three months of the year compared with the same period in 2009, reflecting both tighter lending standards and consumers’ improved payment habits.

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Market Commentary and Intraday News
(AP:NEW YORK) In a story May 19 about a partnership between Chrysler Group LLC and Santander Consumer USA Inc., The Associated Press reported erroneously that 20 percent of Chrysler’s sales go to customers with subprime credit scores.

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Finance-Overhaul Bill Would Reshape Wall Street, Washington
May 21 (Bloomberg) — The legislation passed by the Senate yesterday would reshape the U.S. financial industry and its regulators with a sweep unseen since the aftermath of the Great Depression.

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Bankrate: Mortgage Rates Hit Record Low
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SEC Knew About Suprime Accounting Fraud a Decade Ago
The Securities and Exchange Commission is missing a bigger fraud while it chases the banks. Even though it knew about this massive, plain old fashioned accounting fraud back in 1998. Instead, the market cops are probing simpler disclosure cases that could charge bank and Wall Street with not telling investors about their conflicts of interest in selling securities they knew were damaged while …

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Press Briefing by Press Secretary Robert Gibbs, 5/20/10
1:47 P.M. EDT MR. GIBBS: All right, everybody got their recorders and BlackBerries going? Mr. Feller, fire away. Q Thanks, Robert. I have two questions. MR. GIBBS: I didnt mean to get yours out, Chip. Q I thought you were going to do this by BlackBerry. MR. GIBBS: No, I still dont have mine up here. Q About the sinking of the South Korean naval ship, can you tell us what steps …

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Bank lending rates decline
BANKS HAVE slashed their lending rates by more than two percentage points over the past year, following the central banks cuts in its policy rates.

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U.S. Federal Reserve Meeting Minutes for April 28 (Text)
May 19 (Bloomberg) — Following are the minutes of the Federal Reserves Open Market Committee meeting that concluded on April 28.

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Bankrate: Mortgage Rates Hit Record Low
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Market Commentary and Intraday News
(AP:KANSAS CITY, Mo.) Khalid Ouazzani had been a U.S. citizen for less than a year when the Kansas City auto parts dealer decided to take out a loan, saying he needed it for his business.

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High hopes on Volt recharging industry
WARREN, Mich. – He stands all day, bent over noisy machines, cutting giant sheets of steel and feeding them into monster-sized presses so powerful the concrete floor rumbles beneath his size-16 feet.

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Local man admits connection to al-Qaida
A Kansas City auto parts dealer who had sworn allegiance to al-Qaida pleaded guilty Wednesday to taking part in a conspiracy to provide financial support to the terrorist group.

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Toyota Buying Tesla Stake for Electric Car Tie-Up (Update1)
Toyota Motor Corp., the worlds largest automaker, is buying a $50 million stake in the Californian electric-car maker Tesla Motors Inc. as automakers compete to offer low-polluting models in the U.S.

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Local man admits connection to al-Qaida
A Kansas City auto parts dealer who had sworn allegiance to al-Qaida pleaded guilty Wednesday to taking part in a conspiracy to provide financial support to the terrorist group.

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Toyota Buying Tesla Stake for Electric Car Tie-Up (Update1)
Toyota Motor Corp., the worlds largest automaker, is buying a $50 million stake in the Californian electric-car maker Tesla Motors Inc. as automakers compete to offer low-polluting models in the U.S.

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President Obama’s Remarks at Industrial Support, Inc. in Buffalo on May 13, 2010
Transcript Provided by the Office of the White House Press Secretary

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President Obama’s Remarks at Industrial Support, Inc. in Buffalo on May 13, 2010
Transcript Provided by the Office of the White House Press Secretary

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Correction: Chrysler auto lending story
In a story May 19 about a partnership between Chrysler Group LLC and Santander Consumer USA Inc., The Associated Press reported erroneously that 20 percent of Chrysler’s sales go to customers with subprime credit scores. The story should have said that 20 percent of Chrysler customers who apply for a loan have subprime credit scores.

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Will the Volt recharge GM and US auto industry?
He stands all day, bent over noisy machines, cutting giant sheets of steel and feeding them into monster-sized presses so powerful the concrete floor rumbles beneath his size-16 feet.

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Will the Volt recharge GM and US auto industry?
He stands all day, bent over noisy machines, cutting giant sheets of steel and feeding them into monster-sized presses so powerful the concrete floor rumbles beneath his size-16 feet.

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Will the Volt recharge GM and US auto industry?
He stands all day, bent over noisy machines, cutting giant sheets of steel and feeding them into monster-sized presses so powerful the concrete floor rumbles beneath his size-16 feet.

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Mo. auto dealer pleads guilty to aiding al-Qaida
Khalid Ouazzani had been a U.S. citizen for less than a year when the Kansas City auto parts dealer decided to take out a loan, saying he needed it for his business.

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Mo. case shows it’s hard stopping al-Qaida money
Within two years of taking his oath of U.S. citizenship, a Moroccan-born Kansas City used auto parts dealer funneled more than $20,000 in fraudulent bank loans to al-Qaida using a bank account in the United Arab Emirates.

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Correction: Chrysler auto lending story
In a story May 19 about a partnership between Chrysler Group LLC and Santander Consumer USA Inc., The Associated Press reported erroneously that 20 percent of Chrysler’s sales go to customers with subprime credit scores….

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GM hopes Volt electric car will recharge its market
WARREN, Mich. — He stands all day, bent over noisy machines, cutting giant sheets of steel and feeding them into monster-sized presses so powerful the concrete floor rumbles beneath his size-16 feet.

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U.S. businessman admits aiding al-Quaida
KANSAS CITY, Mo. (AP) Khalid Ouazzani had been a U.S. citizen for less than a year when the Kansas City auto parts dealer decided to take out a loan, saying he needed it for his business.

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Will Volt recharge industry?
WARREN, Mich. He stands all day, bent over noisy machines, cutting giant sheets of steel and feeding them into monster-sized presses so powerful the concrete floor rumbles beneath his size-16 feet.

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Longest-Dated Bonds Favored as Inflation Falls: Credit Markets
The first decline in U.S. consumer prices in more than a year is driving investors to the longest- maturity bonds in a bet tame inflation will keep the Federal Reserve from raising interest rates this year.

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Longest-Dated Bonds Favored as Inflation Falls: Credit Markets
May 19 (Bloomberg) — The first decline in U.S. consumer prices in more than a year is driving investors to the longest- maturity bonds in a bet that tame inflation will keep the Federal Reserve from raising interest rates this year.

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EZCORP Announces Executive Changes
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Drug and Weapons Seized During Raid in Portsmouth
Two men from Detroit, and a third from Portsmouth arrested.

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Dozens of Rite Aid Employees to be Laid Off
Rite Aid says this is a result of a recent evaluation of staffing needs at the Poca Center.

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Amy Hoak’s Home Economics: More homeowners opt to quit paying mortgage
Strategic defaults are on the rise as more borrowers who are underwater on their home loans decide its not worth it to stay current on their payments each month. That trend could have repercussions for the housing market, and for borrowers, in the future.

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