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Rockwell Automation CEO pay drops 28 percent AP

AP – The compensation package for Rockwell Automation Inc.’s top executive fell more than 28 percent during the 2009 fiscal year after the industrial automation equipment company was battered by the deep recession, according to a company regulatory filing Friday. Read More Rockwell Automation CEO pay drops 28 percent
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Aides say Obama is pressing to ease credit again AP

AP – President Barack Obama’s economic advisers are talking tough about the banks ahead of his meeting with heads of financial institutions. Read More Aides say Obama is pressing to ease credit again
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Read More Aides say Obama is pressing to ease credit again
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Obama economic adviser pitches job stimulus AP

AP – A White House economic adviser says it would be “suicide” for the government to focus exclusively on the deficit when the economy is sorely in need of jobs. Read More Obama economic adviser pitches job stimulus
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Read More Obama economic adviser pitches job stimulus
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Banks borrow less from the Fed over past week AP

AP – Banks borrowed slightly less from the Federal Reserve’s emergency lending program over the past week. Read More Banks borrow less from the Fed over past week
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Read More Banks borrow less from the Fed over past week
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Pace of mortgage help rising but still slow AP

AP – Shontaye Edwards spends her day in a gray cubicle at a Bank of America call center in this Dallas suburb. On the other end of the phone line are homeowners — tense, exasperated and looking for help.
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Alabama bank halts mortgage lending AP

AP – The second-largest thrift in Alabama is suspending mortgage lending amid hefty third-quarter losses as real-estate values moved lower and foreclosure rates turned higher. Read More Alabama bank halts mortgage lending
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Read More Alabama bank halts mortgage lending
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