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17 Jun 2010 10:05

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Biz: Oil disaster: Stockholders really liked BP’s escrow account deal

  • 9.8% increase on the London stock exchange today source

16 Jun 2010 10:19

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Biz: Manufacturers use low interest rates to ramp up production

  • 1.2% boost in May’s industrial production levels source
  • » Why this is important: If companies are building more stuff, that means more jobs. However, it’s contingent on people buying the new stuff in stores. Manufacturers will only be able to keep building supplies if demand continues to increase. However, the current low interest rates at least help encourage companies to create supply when they otherwise wouldn’t.

03 Jun 2010 10:37

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Biz: It’s the Census, stupid: Jobs show serious improvement in May

  • 513,000 the increase in non-farm payrolls in May, helped by the Census
  • five number of consecutive months the job market has improved source

26 May 2010 10:37

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Biz: Domino’s Pizza improves their pizza, then their quarterly sales

  • +14.3% the increase in Domino’s
    quarterly sales after starting a
    campaign to improve
    its pizza from the bottom up
    with better ingredients
  • -3% the decline of the pizza-delivery industry in general, due to the recession; this article uses the phrase “vastly improved frozen-pizza technologies” source

11 May 2010 10:41

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Biz: Despite the recalls, Toyota actually made big profits last quarter

  • $2.2B the size of Toyota’s profits over the last fiscal year, after a down year
  • $1.2B the profits Toyota made during their recall troubles last quarter
  • 53k the increase in new car sales the company expects this year source

07 May 2010 10:23

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Biz: Jobs: Employers are hiring, but more people are looking

  • 290,000new jobs in April, way more than
    expected and the best month for
    employment in four years
  • 9.9%the current unemployment rate,
    higher than last month because more
    people are looking for work source

05 May 2010 09:48

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Biz: FINALLY. Private companies are starting to hire people again

  • 32,000 new private sector jobs in April source
 

30 Apr 2010 09:24

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Biz: Consumers driving gross domestic product’s improvement

  • 3.2% the increase in gross domestic product this quarter – good, but smaller than expected
  • 2.55% of that growth came from
    consumer spending – the largest boost since 2006 source

29 Apr 2010 09:45

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Biz: Exxon Mobil’s huge profits somehow not good enough

  • $6.3
    billion
    the size of Exxon Mobil’s
    quarterly profits, helped by rising
    oil prices of late
  • 38%
    increase
    from last year’s levels
    an increase which missed Wall Street’s hefty estimates source

19 Apr 2010 10:09

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Biz: Financial crisis-gobsmacked Citi actually has a solid quarter

  • $4.4
    billion
    the size of Citi’s profit this quarter, their best period since 2007
  • $100
    billion
    the amount the company has lost during the financial crisis
  • 7.7
    billion
    the number of shares the government owns due to bailouts source