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Ford Offers Buyouts to All UAW Workers
DETROIT, Dec 21 (Reuters) - Ford Motor Co (F.N) said on
Monday it is offering its 41,000 U.S. factory workers buyouts
and early retirement offers in a bid to reduce its payroll
costs as it aims to return to profit by 2011.
The buyouts mark the second round of such offers [...]

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Can Detroit Be Saved?
Dave Bing has just signed on to four years of maybe the most futile and thankless job in America: mayor of Detroit. What in the world was he thinking?
“I wouldn’t have taken this job if this wasn’t doable,” he says. “I finished basketball in 1978, then went into my own business in [...]

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Feds Shutdown Seven More Banks Yearly Total Now 140
Dec. 19 (Bloomberg) — Seven U.S. banks were seized by regulators, bringing this year’s total of failed lenders to 140 as financial companies are tested by the recession and the Federal Deposit Insurance Corp. anticipates more shutdowns.
Banks with $14.4 billion in total assets were closed yesterday in [...]

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Over 1000 Climate Change Protesters Arrested at Summit
By Colin Freeman
Published: 10:49PM GMT 12 Dec 2009

Demonstrators sit on the ground as police surround them at a rally outside the UN Climate Change Conference. Photo: REUTERS

Cobble stones were thrown through the windows of the former stock exchange building and foreign office buildings in the [...]

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Cobra Subsidies are Expiring for the Unemployed
Millions of unemployed Americans face the prospect of a huge increase in health insurance costs, thanks to the looming expiration of a government subsidy.
The American Recovery and Reinvestment Act, passed in February, launched a temporary government program to subsidize the often crippling cost of buying health insurance through a [...]

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