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The Food Chain: Fields of Grain and Losses
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Hard times are back on the American farmstead, as the price paid for crops is dropping much faster than the cost of growing them.
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Wall St. Struggles to Climb Back
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The major exchanges tried to hold onto early gains after two straight days of sharp declines.
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Citigroup Tries to Stop the Drop in Its Share Price
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The greatest banking turmoil is setting in around Citigroup, which has lost half its value in four days.
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Wal-Mart Names Its Next Chief Executive
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The world’s largest retail chain said that Michael T. Duke, 58, had been chosen as the next chief executive and president, succeeding H. Lee Scott Jr.
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Detroit’s Bid for Aid Fails — For Now
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Democratic leaders in Congress gave auto industry leaders 12 days to come back with a plan showing that federal aid would be well-spent.
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Oil Closes Below $50, Lowest Price Since May 2005
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After rising to dizzying heights this summer, the oil market is suffering a hair-raising drop.
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Angelina Jolie’s Carefully Orchestrated Image
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The actress pushed for favorable coverage while negotiating magazine rights to pictures of her new twins.
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DVDs, Hollywood’s Profit Source, Are Sagging
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Total DVD sales are down by about 4 percent for the year, contributing to a creeping dread in Hollywood.
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Cost Cutting Helps Dell Profit Exceed Forecasts
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Dell’s third quarter results showed just how challenging a restructuring can be in the middle of a severe economic slowdown.
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Profit and Sales Rise in Quarter for Heinz
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The food products company said that strong sales of products like frozen meals bolstered second-quarter profit by 22 percent as consumers cooked more meals at home.
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Times Cuts Dividend in a Move to Save Cash
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The New York Times Company sharply reduced its dividend just a year and a half after a major increase, as the company seeks to conserve cash amid concern about dwindling profit.
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New Jobless Claims Reach a 16-Year High, U.S. Says
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New claims for unemployment benefits jumped last week to a 16-year high, the Labor Department said Thursday, providing more evidence of a rapidly weakening job market.
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Ailes Agrees to Remain at Fox News 5 More Years
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The News Corporation announced Thursday that Roger Ailes, the chairman and chief executive of Fox News, had signed a new five-year contract with the company.
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For European Airlines, Decline in Premium Ticket Sales Takes a Toll on Earnings
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The worsening economy is squeezing Europe’s flag carriers, with dwindling sales of premium-class tickets starting to take their toll.
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