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Finance Leaders Tackle Terror Financing
By Lesley Wroughton WASHINGTON (Reuters) - World finance ministers gathered under heavy guard on Sunday to discuss efforts to fight terror financing while warning the world must stay focused on the economic recovery and fight against poverty. Security has never been tighter at the International Monetary Fund and Worl... : Finance Leaders Tackle Terror FinancingAmerican Express to Spin Off Finance Unit
By Joseph A. Giannone NEW YORK (Reuters) - American Express Co., the global credit card and travel services company, said on Tuesday it will spin off its less-profitable personal finance unit, boosting earnings prospects and its stock to the highest level in more than four years. American Express shares soared as much as 8.7 percent, their biggest one-day surge in more than two years. Financial details of the spinoff to... : American Express to Spin Off Finance UnitGreenspan: U.S. Must Get Finances in Order
WASHINGTON (Reuters) - Federal Reserve Chairman Alan Greenspan said on Wednesday the U.S. economy entered 2005 in good shape but warned fiscal discipline was essential to meet future challenges. "All told, the economy seems to have entered 2005 expanding at a reasonably good pace, with inflation and inflation expectations well-anchored," Greens... : Greenspan: U.S. Must Get Finances in OrderFord Posts Profit, Autos Disappoint Again
By Poornima Gupta DETROIT (Reuters) - Ford Motor Co. (F.N: Quote , Profile , Research ) reported a stronger-than-expected quarterly profit on Tuesday, but losses widened in its core automotive business and the company's shares sagged after it said U.S. regulators were looking into its pension accounting practices. The second-largest U.S. automaker continued ... : Ford Posts Profit, Autos Disappoint AgainNew York's Spitzer Says May Sue Insurer
NEW YORK (Reuters) - New York Attorney General Eliot Spitzer will file a lawsuit as early as Friday against an insurance company, the second suit stemming from his sweeping probe into bid-rigging in the industry, Spitzer told Reuters on Friday. Spitzer on Oct. 14 filed suit against Marsh & McLennan Cos. (MMC.N: Quote , Profile , Research ) , accusing the world's largest insurance broker of rigging what were presented as competitive bids, steering business t... : New York's Spitzer Says May Sue InsurerSource: Good sites for news
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