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GM, Chrysler Talks Heat Up

Merger discussions between General Motors and Chrysler appear to be picking up some speed.

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18.10.2008 06:00:00 - washingtonpost.com - Business

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Sell-Offs Hurting Emerging Markets

SHANGHAI -- Investors who helped build the financial boomtowns of developing countries in recent years are now fleeing them, threatening to destabilize burgeoning economies and drag the world into a deep recession.

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18.10.2008 06:00:00 - washingtonpost.com - Business

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U.S. Bank Plan Hits Snag in Rules

The Treasury Department is pressing federal banking regulators to change longstanding rules that are in the way of its plan to invest $250 billion in American banks, raising questions about the independence of the regulatory agencies.

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18.10.2008 06:00:00 - washingtonpost.com - Business

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On Capitol Hill, A Race to Renovate

For 11 Capitol Hill families, it's crunch time. Jackie Sink just finished a mural on her 14-year-old son's bedroom wall. Marie Connolly is getting the floors buffed. Rebecca Mertz's new kitchen backsplash was installed just in time, and Nikki Territo got a new dining room rug for the event.

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18.10.2008 06:00:00 - washingtonpost.com - Business

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Not So Jumbo

The federal government's efforts to make "jumbo" mortgages more available to borrowers have created a three-tiered mortgage market in areas with expensive housing, including the Washington region.

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18.10.2008 06:00:00 - washingtonpost.com - Business

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Brown's Stature in Crisis Prompts Rivals to Demur

LONDON, Oct. 17 -- Prime Minister Gordon Brown has been so widely praised for his international leadership on the global financial crisis that a political cartoon here this week showed workers carving his face into Mount Rushmore.

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18.10.2008 06:00:00 - washingtonpost.com - Business

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France's 'Omni-President' Wins Praise for Take-Charge Approach

PARIS, Oct. 17 -- The satirical French newspaper Canard Enchaine has baptized President Nicolas Sarkozy the "omni-president," mocking him as a political whirling dervish who tries to take charge wherever he goes. As Sarkozy prepares to meet President Bush on Saturday evening at Camp David to discuss...

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18.10.2008 06:00:00 - washingtonpost.com - Business

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Spending Surge Pushing Deficit Toward $1 Trillion

Congressional leaders and both presidential candidates are proposing billions of dollars in tax breaks and other measures to stoke economic growth, a surge in spending that could send the federal deficit soaring toward $1 trillion this year, creating the deepest well of red ink since the end of...

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18.10.2008 06:00:00 - washingtonpost.com - Business

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Ongoing Boeing Strike Poses Threat to Industry

If ever there was a company built to withstand the global financial crisis, Boeing might be it. The aerospace and defense giant is well diversified. The world's airlines are lining up with orders for the company's latest commercial jets.