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U.S. producer prices rose more slowly than expected in October despite a rebound in food and energy costs, according to a government report on Tuesday that pointed to tame inflation pressures.
The Labor Department said the seasonally adjusted index for prices paid at the farm and factory gate rose 0.3 percent following a 0.6 percent […]

Creditors of bankrupt Freedom Communications Holdings Inc have launched a fight against an “immoral and wicked” reorganization plan that would turn over the Orange County Register owner to JPMorgan Chase & Co and other banks.
A court-appointed committee of creditors asked the judge overseeing the bankruptcy to direct Freedom, which owns 30 daily papers and […]

If only everyone had Goldman Sachs Group Inc’s chief problem — too much success leading to a surplus of riches.
It’s a growing public relations nightmare for Wall Street’s dominant firm as it prepares to report another round of robust profits and update its bonus pool, which is on a pace to top $20 billion […]

Latvia will seek to strike a last- minute agreement on budget cuts today to satisfy bailout terms in the latest round of brinkmanship that has tested the patience of the country’s international loan donors.
Prime Minister Valdis Dombrovskis has signaled his Cabinet will agree on an additional 175 million lati ($362 million) in cuts […]

Boeing expects to take a $1 billion pre-tax charge against its the third quarter results due to higher production costs and tough market conditions related to its 747-8 program, the company said in a statement released Tuesday.
The airplane maker said about $640 million of the charge reflects higher-than-expected production costs for the 747-8 cargo […]

The cost of entry onto crowded Manhattan island, one of the most expensive real estate markets in the nation, may have gotten a little steeper in the past three months. Or not.
Reports released Friday by four of the city’s biggest real estate agencies showed very different results. By one calculation, the median price […]

It was part of the corporate lore at Bank of America: Whenever legendary boss Hugh McColl would buy a bank in Florida, Texas, or Georgia in the 1980s and early 1990s, he’d call his trusted lieutenant Ken Lewis to his Charlotte office and order Lewis to fix the new acquisition to fit his revolutionary […]

With Wall Street continuing to recover, so are the prospects for this year’s bonus season.
As early as June, experts were speculating that incentive payments for U.S. banks and securities firms could rebound sharply given the resurgence in certain parts of their business.
Now with analysts predicting impressive third-quarter numbers from some of the nation’s largest […]

General Motors Co. has ended temporary pay cuts for salaried workers that were put in place four months ago to preserve cash before the automaker filed for bankruptcy, a spokeswoman said.
GM salaried workers were notified of the step by email Friday after the action was reviewed by the automaker’s board of directors earlier this […]

OTTAWA–It’s too early to be talking about economic recovery from the global recession, a cautious Finance Minister Jim Flaherty said after a meeting of finance ministers from the Group of 20.
Speaking from London, Flaherty said yesterday the ministers agreed the world economy is stabilizing but "no clear recovery is evident."
It’s prudent to remain […]