Robert Hall News
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It started as 30 words. One hundred years later, it’s almost 4 million.
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Vicki Cook, 52, landed a job two weeks ago at a trucking company after applying for 50 positions in almost four months. “It was a blessing,” said the Okarche, Oklahoma, woman, whose previous job had been eliminated.
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The U.S. labor market’s “weak and faltering” recovery doesn’t imply the economy is sliding back into a recession and may instead reflect productivity gains, said Stanford University economist Robert Hall , who heads the National Bureau of Economic Research’s business-cycle dating committee.
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The worst U.S. recession since the Great Depression ended in June 2009, the National Bureau of Economic Research said today, as a slowdown in economic growth raises the possibility of another slump.
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Sprouts can’t be ruled out as a cause of the German E. coli outbreak that killed 23 people because the bacterium may have gone from the farm where they were grown, scientists said.
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The two-year-old U.S. recovery’s staying power may be diminishing as consumers and the government pare spending, say five of the nine economists on the academic panel that dates recessions.
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Germany’s E. coli outbreak killed another patient, bringing the death tally to 23, and sickened 96 more people as officials continued to search for a source.
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Lenders to Philadelphia Newspapers LLC, bankrupt owner of the Philadelphia Inquirer, are fighting a group led by billionaire Ronald Perelman for control of the publisher in an auction that has lasted more than 24 hours.
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Lenders to Philadelphia Newspapers LLC, the bankrupt owner of the Philadelphia Inquirer, won an auction for control of the publisher against a group led by billionaire Ronald Perelman after almost 30 hours of wrangling.
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As financial turmoil in Europe threatened to overwhelm the region’s banks last November, Bank of England Governor Mervyn King arranged conference calls with the world’s top central bankers to decide what steps to take.
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