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President Bill Clinton on Tuesday said those running for office should make reaching a debt deal the top campaign issue in the fall’s elections.
"I think this budget issue should become front and center in this election, Clinton said on Tuesday at a fiscal summit sponsored by the Peter G. Peterson Foundation.

"As soon as this […]

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Coty Inc. says it is withdrawing its $10.7 billion offer to buy Avon.
Coty announced its decision in a letter to Avon’s board a day after Avon said it would consider the offer. The letter was made public late Monday.
Avon’s response Sunday came two months after Coty made its original offer and Avon executives asked for […]

U.S. companies in March posted the highest number of job openings in nearly four years, a sign that hiring could strengthen in the coming months after slowing this spring.
The Labor Department says employers advertised 3.74 million job openings in March. That’s up from a revised 3.57 million in February. The March figure was the highest […]

Senior officials in Turkmenistan say the energy-rich Central Asian nation plans to sign a natural gas sales agreement with Afghanistan, Pakistan and India later this month.
The deal would mark a decisive move toward construction of a landmark pipeline crossing the four nations that backers hope will meet energy demands across the region.
Two high-ranking officials, who […]

Enterprise Financial Corp. said its first-quarter profit rose 50 percent, to $6.2 million, or 31 cents per share, compared with $4.1 million, or 23 cents per share, in the corresponding period of 2011. Clayton-based Enterprise Financial, the holding company for Enterprise Bank & Trust, said non-performing loans totaled $47 no fax payday loans.2 million, or […]

Exxon is teaming up with Russian oil giant Rosneft to develop oil and natural gas fields in Russia and North America.
The companies on Monday signed an agreement that was first announced in August. The signing ceremony in Russia was attended by Russian Prime Minister Vladimir Putin.
Exxon gains access to Russia’s prized offshore reserves in the […]

French President Nicolas Sarkozy, speaking to the biggest rally of his re-election bid, said the European Central Bank should do more to promote economic growth, reviving an issue he raised in his 2007 campaign.

THE STORE: Organic grocer Whole Foods is taking a gamble on the Motor City with a planned 20,000-square-foot supermarket with 75 employees in Detroit’s Midtown neighborhood next year.
THE NEIGHBORHOOD: One reason Whole Foods may be willing to take the risk is that the neighborhood is an anomaly in a tough city enduring tough times: People […]

U.S. wholesale businesses stepped up restocking in February, while more expensive gasoline drove sales higher.
The Commerce Department said Tuesday that stockpiles at the wholesale level rose a seasonally adjusted 0.9 percent in February to $478.9 billion. The government also revised January wholesale inventory growth to show a 0.6 percent increase, up from the initial reading […]