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U.S. jobless claims fall but computer glitches weigh

YoopyaOct 17, 2013February 14, 20240

(Reuters) – The number of Americans filing new claims for unemployment benefits dropped from a six-month high last week, but remained elevated as California continued

American Girl gives boost to Mattel’s 3Q results

YoopyaOct 16, 2013March 31, 20240

EL SEGUNDO, Calif. (AP) — Mattel’s third-quarter net income rose 16 percent, buoyed by higher sales of American Girl and Monster High products and strength

Apple bets on Burberry chief to burnish retail shine

YoopyaOct 16, 2013March 10, 20240

(Reuters) – Burberry CEO Angela Ahrendts rebuilt the British luxury brand after excessive exposure of its trademark checkered pattern alienated wealthy clientele. Her approach was

IMF chief warns a US default could spark recession

YoopyaOct 14, 2013March 17, 20240

The head of the International Monetary Fund, Christine Lagarde, has warned that a US default could tip the world into recession. In a US TV

Alibaba to transform China’s ‘e-conomy’ with $500 billion marketplace

YoopyaOct 14, 2013March 17, 20240

(Reuters) – Alibaba Group’s plans to revolutionize China’s retail industry, investing $16 billion in logistics and support by 2020, will open up China’s vast interior and bring

Visa rules for Chinese coming to the UK to be relaxed

YoopyaOct 14, 2013March 10, 20240

Visa applications for Chinese visitors entering the UK will be simplified, Chancellor George Osborne has announced during his trade trip to China. Under the plan,

Obama nominates Yellen to succeed Bernanke at Fed

YoopyaOct 10, 2013March 17, 20240

WASHINGTON (AP) — In a history-making selection, President Barack Obama nominated Janet Yellen to be chairman of the Federal Reserve, a critical post as the

92-Year-Old’s Funeral Insurance Cancelled by Credit Union

YoopyaOct 9, 2013June 15, 20230

Helen Moosmann, 92, had hoped to use her life insurance policy to pay for her funeral. But last Friday she got a letter from her

The Richest People In Africa 2013

YoopyaOct 9, 2013April 3, 20240

VENTURES AFRICA – The combined fortune of Africa’s 55 billionaires is $143.88 billion. The average net worth of the members of this exclusive club is

Pan-African magazine: Africa has 55 billionaires

YoopyaOct 9, 2013March 10, 20240

LAGOS, Nigeria (AP) — A pan-African magazine says Africa has many more billionaires than previously reported, 55 of them worth more than $143 billion including