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Big Job Cuts Announced at American New York Times - Jul 3, 2008 By MICHELINE MAYNARD American Airlines expects to cut nearly 7000 employees by the end of the year, or about 8 percent of its worldwide work force, as it reduces flights and grounds aircraft because of high fuel costs, the airline told employees … American Airlines workers brace for job cuts The Associated Press AMR says 900 flight attendants subject to furlough Reuters BusinessWeek - Bizjournals.com - RedOrbit - Houston Chronicle all 945 news articles

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Fighting Inflation, Europeans Raise Rate New York Times - 1 hour ago By MARK LANDLER FRANKFURT - For the European Central Bank, dedicated to slaying the dragon of inflation, the moment of truth arrived Thursday. Euro Falls to 1-Week Low After Trichet Says `No Bias' on Rates Bloomberg JGBs push higher on post-ECB relief, smooth auction Reuters Press-Enterprise - MarketWatch - guardian.co.uk - BusinessWeek all 1,425 news articles

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Philippine inflation hits 14-year high, more interest rate hikes … Forbes - 1 hour ago MANILA (Thomson Financial) - Philippine annual inflation accelerated to a 14-year high of 11.4 percent in June from a revised 9.5 percent in the previous month as food prices continued to soar, raising expectations of a further increase in the central … UPDATE 2-Philippine inflation hits 14-yr high, rate rise seen Reuters Philippines inflation rate jumps to 14-year high of 11.4 per cent Monsters and Critics.com Bloomberg - AFP - Xinhua - Inquirer.net all 29 news articles

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ABC News

Eyes on Inflation, European Bank Raises Rate New York Times - 1 hour ago By MARK LANDLER FRANKFURT - For the European Central Bank, dedicated to slaying the dragon of inflation, the moment of truth arrived Thursday. Euro Falls to 1-Week Low After Trichet Says `No Bias' on Rates Bloomberg JGBs push higher on post-ECB relief, smooth auction Reuters Financial Times - Press-Enterprise - MarketWatch - guardian.co.uk all 1,409 news articles

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Telegraph.co.uk

Viacom vs. YouTube: Beyond Privacy BusinessWeek - 3 hours ago by Catherine Holahan Just before the holiday weekend, media giant Viacom (VIA) won a legal victory over YouTube that set off fireworks across the Internet. YouTube court order fans privacy fears Reuters • YouTube Ordered To Release User Data Washington Post Wall Street Journal - New York Times - San Francisco Chronicle - AFP all 505 news articles

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CNBC

Fed's Bear portfolio shrinks more than $1 bln Reuters - 1 hour ago NEW YORK (Reuters) - The Federal Reserve's portfolio of Bear Stearns assets has lost more than $1 billion of its original value, a sign that credit market conditions have worsened in recent months. Bear Stearns Assets Accepted By Fed Lose $1 Billion in Value Wall Street Journal Fed Cuts Bear Stearns Asset Estimate to $28.9 Billion (Update2) Bloomberg MarketWatch - Forbes - Financial Times - Conde Nast Portfolio all 66 news articles

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Most Japan Stocks Rise After ECB Signals End of Rate Increases Bloomberg - 1 hour ago By Makiko Kitamura and Masako Kondo July 4 (Bloomberg) — Most Japanese stocks rose after the European Central Bank suggested it may not raise interest rates further, easing concern Japanese exports will slow. 'No bias' on future rate moves, says ECB's Trichet MarketWatch UPDATE 6-ECB raises rates, Trichet open on future moves Reuters Financial Times - guardian.co.uk - BusinessWeek - Forbes all 1,609 news articles

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CNBC

Bear Stearns Assets Accepted By Fed Lose $1 Billion in Value Wall Street Journal - 4 hours ago By Fed Lose $1 Billion in Value By SUDEEP REDDY Assets the Federal Reserve agreed to accept in March from Bear Stearns Cos. to facilitate its sale to JP Morgan Chase are now worth about $1 billion less than estimated at the time of the transaction. Fed's Bear portfolio shrinks more than $1 bln Reuters Fed Cuts Bear Stearns Asset Estimate to $28.9 Billion (Update2) Bloomberg MarketWatch - Forbes - Financial Times - Conde Nast Portfolio all 68 news articles

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