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481. Markets Buffeted by Headwinds Fom Europe
Stocks on Wall Street tumbled Wednesday as a global rout extended into a second consecutive trading session.
482. Greek Government Talks Deadlocked as EU Concerns Mount
Coalition talks in Greece remained deadlocked Wednesday, prompting German and European Union warnings to anti-austerity politicians in Athens that the only alternative to the budget cuts they oppose was economic meltdown.
483. Stock Rout Extends to 2nd Day
Stocks on Wall Street tumbled Wednesday as a global rout extended into a second consecutive trading session. A glance at market results showed only one major market around the globe posting gains.
484. Disney Profits Withstand John Carter Flop
Disney boosted its second-quarter profits by 21 percent as improvements in its TV and theme park businesses compensated for film studio losses sparked by the failure of the John Carter sci-fi epic, the entertainment conglomerate said Tuesday.
485. US Markets Close in the Red
U.S. stocks pulled up from hard early losses, but remained in the red Tuesday in response to concerns over debt issues in Europe, where voters in France and Greece over the weekend turned out incumbents who favored fiscal discipline over stimulus spending.
486. Invest in Stocks?
On Main Street these days, investing in the stock market is about as popular as watching a scary movie on a 12-inch black-and-white TV.
487. Greek Anti-bailout Left To Take Hand at Forming Government
Greece's radical leftist Syriza party attempted to build an anti-bailout coalition on Tuesday in the aftermath of elections which produced a hung parliament just as the country faces stern warnings from the European Union and Germany to abide by its bailout deals.
488. New Eurozone Crisis Amid Austerity Fight
A new eurozone crisis loomed Tuesday with Greece teetering on political chaos, France colliding with Germany on austerity and Spain readying new bank bailouts.
489. Obama Invites Hollande to the White House
President Barack Obama invited French President-elect Francois Hollande to the White House and upcoming Group of Eight and NATO summits, the White House said.
490. Warren Buffett Expects Difficult Times for Europe
Legendary US investor Warren Buffett expects difficult times for Europe after voters in France and Greece rebuffed governments that have backed austerity policies.
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