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L.A. acts to cap medical marijuana dispensaries
Local LA News | 2009-12-09 18:44:47
A City Council vote would allow 137 marijuana dispensaries to remain, with a target of 70. Members also tighten requirements for shops' locations. A vote on the overall measure...
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U.S. mortgage applications driven up by refinancings
National News | 2009-12-09 18:42:45
NEW YORK (Reuters) – Demand for U.S. home loans rose last week to the highest level in about two months, mostly from borrowers taking advantage of low mortgage rates to...
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Geithner: bailout program extended to October
National News | 2009-12-09 18:41:34
WASHINGTON – Treasury Secretary Timothy Geithner told Congress Wednesday that the administration will extend the government's financial bailout program until next fall,...
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SBA Loans Evaporate for Area Firms
LENDING: Numbers confirm that banks really are stingy.
Local LA News | 2009-12-08 19:18:48
The number of loans backed by the U.S. Small Business Administration made to local companies plummeted in 2009 for the second straight year, underscoring businesses' complaints...
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Lawmakers impatient with Obama mortgage plan
Frustration building with Obama foreclosure prevention plan as industry acknowledges troubles
National News | 2009-12-08 19:16:27
WASHINGTON (AP) -- Only one in three homeowners who have signed up for the Obama administration's mortgage relief plan have sent back the necessary paperwork, highlighting...
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Stock market slides as dollar strengthens
Stocks slump as dollar strengthens, investors seek safe havens; 3M, McDonald's disappoint
Worldwide Business News | 2009-12-08 19:14:53
NEW YORK (AP) -- Investors dumped stocks and sought safe-haven assets like the dollar and Treasurys on signs that the global economy is still struggling. ...
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Healthcare groups join Obama at negotiating table
Such a collaboration aiming to find solutions to high insurance costs is 'unprecedented,' observers say.
National News | 2009-05-12 10:55:52
Welcoming leaders of the hospital, drug and insurance industries to the White House on Monday, President Obama trumpeted their pledge to work together to contain the nation's...
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Median home prices fell nationwide in 1Q
National News | 2009-05-12 10:51:59
WASHINGTON -- Home prices fell in nearly nine out of every 10 U.S. cities in the first quarter of this year as first-time buyers looking for bargains dominated the market. ...
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GM shares fall to 76-year low after execs dump stock
National News | 2009-05-12 10:50:39
DETROIT (Reuters) - Shares of General Motors Corp (NYSE:GM - News) plunged nearly 20 percent to a 76-year low on Tuesday, a day after a group of GM executives disclosed they...
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Toyota sees losses deepening this year
National News | 2009-05-08 13:18:02
TOKYO -- Toyota Motor Corp., battered by plunging global sales, reported its worst annual loss since its 1937 founding -- and forecast even more red ink in the year ahead. ...
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