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With no farm bill, Maryland dairy farmers lose safety net
Capital News Service“You can’t turn these cows on and off,” said Bill Kilby, whose family has owned a dairy farm in Cecil County, Md., since 1961. “You cannot stop feeding the cows, you’ve got to take care of them.” That’s the...Tags: Natural Disasters, Prices, Farms, Cecil County, Finance
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Allan Powell: History only repeats itself with human assistance
It took more than 600 pages for author William D. Cohan to disclose the origin and development of what became Goldman Sachs, a financial giant which once had an office on Wall Street. There is much to be learned about investment and banking from Cohan&...Tags: Stock Market, Lloyd Blankfein, Finance, Great Depression (1929), Warren Buffett
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Dow loses 251, it second-biggest drop of the year
AP Business WriterInvestors yanked money out of stocks Thursday after new reports from the U.S. and China pointed to a sharp slowdown in manufacturing. The Dow Jones industrial plunged 251 points, the second-biggest drop this year. Losses in energy and materials...Tags: Earnings Forecasts, Spain, Stock Market, Productivity, Europe
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Moody's cuts credit ratings of 15 major banks
Moody’s Investors Service lowered the credit ratings of 15 the world’s largest banks late Thursday, including Bank of America, JPMorgan Chase and Goldman Sachs, saying their long-term prospects for profitability and growth are shrinking....
Tags: Bank of America Corp., Spain, Europe, Globalization, China
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On the campaign trail - March 19
During a Hagerstown-Washington County Chamber of Commerce GOP Congress candidate forum Monday, Del. Kathryn L. Afzali talked about going “nose to nose, toes to toes” as a campaigner. That nearly happened after she said during her closing...Tags: Executive Branch, Republican Party, U.S. Senate, Hagerstown (Washington, Maryland), Ronald N. Young
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Bankruptcy petition filed against radio station owner
andrews@herald-mail.comAn involuntary petition for bankruptcy filed last week is aimed at a company that owns dozens of radio stations, including in Hagerstown. Nassau Broadcasting Partners L.P. of Princeton, N.J., is facing a chapter 7 bankruptcy, in which assets are...Tags: Radio Industry, Media Industry, Entertainment, Financially Distressed Companies, New York City
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Tags: Westport, Securities, Insider Trading, Prosecution, Investment Service
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Tags: MF Global, Executive Branch, Financially Distressed Companies, Europe, Barack Obama
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Financial crisis was avoidable, says government-appointed panel
The government-appointed panel investigating the roots of the financial crisis says the meltdown occurred because government officials and Wall Street executives ignored warning signs and failed to manage risks. The crisis could have been avoided, the...Tags: Federal Reserve, Ben Bernanke, Republican Party, Democratic Party, Finance
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Japan market gyrations underline economy's vulnerability while verdict still out on Abenomics
AP Business WriterTOKYO (AP) — Japan's financial markets gyrated wildly Thursday, underscoring the vulnerability of its economy to a loss of investor confidence as Prime Minister Shinzo Abe attempts shock monetary easing to end two decades of stagnation. Interest...Tags: Foreign Exchange Market, Japan Earthquake and Tsunami (2011), China, Shinzo Abe, Politics
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Retail roundup: J.C. Penney loan, Abercrombie apology, Mattel layoffs
The week before the Memorial Day holiday has been a busy one for retailers. Here's a sampling of happenings from Mattel, J.C. Penney and Abercrombie & Fitch. Mattel: As the El Segundo-based toymaker adapts to its newly created North America division, it...
Tags: Memorial Day, Judges, Dwayne Johnson, Target, Fisher-Price
Nov 4, 2012
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Jul 12, 2012
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Jun 21, 2012
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Jun 21, 2012
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Mar 19, 2012
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Aug 25, 2011
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Sep 19, 2011
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Oct 26, 2011
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Nov 3, 2011
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Jan 27, 2011
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May 23, 2013
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May 23, 2013
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