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Former task force head bullish on GM, Chrysler

WASHINGTON – (AP) The former head of the Obama administration’s auto task force expressed optimism Wednesday that General Motors and Chrysler could rebound and help taxpayers recoup some of their multibillion-dollar investment in the Detroit auto companies. Steven Rattner, in a

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Massachusetts governor backs naming Kennedy successor

BOSTON (Reuters) – Democrats pushed Monday to fill the U.S. Senate seat left vacant by the death of Edward Kennedy, with the Massachusetts governor throwing his support behind a proposal to name an interim successor and help Democrats retain a critical margin in the chamber. Read the rest here: Massachusetts governor …

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Norwegian government proposes lending package

OSLO – (AP) Norway’s majority government proposed a 100 billion kroner ($14.5 billion) package Sunday to stimulate lending to businesses and consumers, and help stabilize the finance sector in the oil-rich country.   Prime Minister Jens Stoltenberg said the latest measures to

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EU businesses: states should buy company debt

BRUSSELS, Belgium – (AP) European Union businesses called on EU governments Wednesday to buy up company debt to ease financing and help prevent bankruptcies as the econo

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