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House panel postpones financial bailout hearing
A U.S. congressional panel postponed a Wednesday hearing on the Treasury Department's use of a $700 billion financial bailout fund and priorities of president-elect Obama's administration, the House Financial Services Committee said on Monday. |
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Obama takeover augurs financial regulator shakeup
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President-elect Barack Obama and Democrats in Congress will take over the government this month with big plans to overhaul U.S. financial regulation and a surge of momentum behind them. |
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Logitech to Slash Jobs, Withdraws Financial Targets (Update1)
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Jan. 6 (Bloomberg) -- Logitech International SA, the world’s biggest maker of computer mice, withdrew its financial targets and said it will cut 15 percent of its salaried workforce because of the deepening global recession. |
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