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Sunday, March 14, 2010

Ken Lewis is out at Bank of America (source: CNN)

Posted by admin on September 30, 2009

Ken Lewis, the beleaguered CEO of Bank of America, announced Wednesday that he will retire at year’s end. There was no successor named. (source: CNN)RSS and News widget on Feedzilla.com

Treasury launches first toxic asset funds (source: CNN)

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Read full story for latest details. (source: CNN)RSS news feeds and Widgets on Feedzilla.com

GM kills Saturn after Penske ends deal (source: CNN)

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Car dealership operator Penske Automotive Group announced on Wednesday that it has cancelled plans to acquire General Motors’ Saturn unit. As a result, GM said it will wind down the brand and dealer network. (source: CNN)RSS widgets and RSS feeds on Feedzilla.com

Stocks struggle at quarter end (source: CNN)

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Stocks inched lower Wednesday, following weaker-than-expected readings on manufacturing and the labor market. But the declines were minimal at the end of an upbeat month and quarter on Wall Street. (source: CNN)News widgets and RSS feeds on Feedzilla.com

47% will pay no federal income tax (source: CNN)

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Most people think they pay too much to Uncle Sam, but for some people it simply is not true. (source: CNN)RSS feeds and Feed widget on Feedzilla.com

Stimulus cash stuck in bank vaults (source: CNN)

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A government effort to get badly needed cash into the hands of struggling small business owners is slowly gaining momentum, but entrepreneurs seeking the scarce loans are still in for a frustrating ride. (source: CNN)News widgets and RSS feeds on Feedzilla.com

Crude jumps nearly 6% (source: CNN)

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Oil prices rose Wednesday after the government reported a surprising decrease in gasoline stockpiles, implying increased demand. (source: CNN)News widgets and RSS feeds on Feedzilla.com

AmEx ends annoying gift card fees

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American Express will stop deducting monthly fees on gift cards that go unused after a push from complaining customers, the company announced Wednesday.

47% will pay no federal income tax

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Most people think they pay too much to Uncle Sam, but for some people it simply is not true.

CIT shares plummet 35% (source: CNN)

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Shares of CIT Group, one of the nation’s largest lenders to small businesses, plummeted 35% Wednesday after a newspaper article said the company will hand control to bondholders or file for bankruptcy. (source: CNN)RSS widgets and RSS feeds on Feedzilla.com