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BlackBerry maker Research in Motion Ltd. on Tuesday lowered its forecast for its third-quarter revenue and earnings per share, citing the impact of the strong dollar and the weak U.S. economy.
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Oil and retail gasoline prices dipped to new three-year lows Tuesday with the United States officially in a recession. Analysts believe prices at the pump may finally be bottoming out after a precipitous decline from record highs this summer.
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Goldman Sachs Group Inc shares fell Tuesday on speculation the bank’s fourth-quarter loss could be much larger than expected — as much as $2 billion — fueled by the plunging value of many Goldman investments.
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Boeing Co. engineers and technical workers have voted to ratify new contracts, ensuring four years of labor peace at the company’s commercial airplane operations.
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U.S. automakers led by General Motors Corp on Monday rushed to finish restructuring plans demanded by Congress before lawmakers reopen the debate this week on the $25 billion in emergency funding the industry says it needs to survive.
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