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Geithner Tells China US Will Tackle Budget Deficit Bloomberg By Rebecca Christie June 1 (Bloomberg) — Treasury Secretary Timothy Geithner told China that the US wants to shrink its budget gap as soon as an economic recovery takes hold, reassuring the nation that is the biggest holder of US government debt. Geithner says US will cut deficits, but GM bill grows Reuters US Geithner: China's US Dollar Assets Are Very Safe Wall Street Journal New York Times - Bradenton Herald - AFP - Austin American-Statesman all 1,323 news articles

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CNET News

Gore-backed Hara sees profit from low-carbon economy Reuters By David Lawsky SAN FRANCISCO, June 1 (Reuters) – An environmental start-up backed by Al Gore's venture capital firm aims to take advantage of coming US climate change legislation by helping companies like Coca Cola (CCE. The Business Of Tracking Carbon Forbes Hara: Software for a carbon-constrained economy CNET News New York Times - Earth2Tech all 5 news articles

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Indian Express

GM Bankruptcy to Bring Taxpayer Ownership, Less Debt Bloomberg By John Hughes, Caroline Salas and Jeff Green June 1 (Bloomberg) — General Motors Corp., the world's largest automaker for 77 years, will file for bankruptcy today, and emerge with majority ownership by taxpayers and liabilities reduced by more than … US autos task force to motor on, monitor stakes Reuters A GM Bankruptcy Would Reshape Industry's Role With US Government CNNMoney.com BusinessWeek - The Associated Press - Washington Post - New York Times all 11,396 news articles

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Straits Times

Asian Shares Rebound; China PMI Boosts Resource Stks Wall Street Journal SINGAPORE (Dow Jones)–Asian share markets reversed early falls to turn higher Monday with investors seemingly sanguine on General Motors' expected bankruptcy. Asian Stocks Advance on China Manufacturing, Commodity Prices Bloomberg China CDB plans 3 bln yuan bond in Hong Kong-report Reuters Forbes - AFP - Washington Times - BBC News all 315 news articles

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Straits Times

Oil Rises to Seven-Month High on China Manufacturing Expansion Bloomberg By Ben Sharples and Ann Koh June 1 (Bloomberg) — Crude oil rose to the highest in almost seven months as China's manufacturing expanded for a third month and the nation raised fuel prices. Investor Hopes for Rising Oil Demand Aren't Borne Out by Reality Wall Street Journal Oil basks in equities' glow, up 1 percent guardian.co.uk Washington Post - EnergyCurrent - Reuters - Livemint all 631 news articles

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MiamiHerald.com

Geithner says US will cut deficits, but GM bill grows Reuters By Glenn Somerville and Nick Carey BEIJING/DETROIT (Reuters) – US Treasury Secretary Timothy Geithner pledged the Obama administration was committed to cutting its huge deficits as quickly as it can, but faced shelling out tens of billions more to … Geithner Tells China US to Tackle Deficit as Economy Recovers Bloomberg Treasury's Geithner Faces an Assertive China BusinessWeek New York Times - Austin American-Statesman - United Press International - MarketWatch all 1,244 news articles

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RPT-HK May business contraction slowest since Sept -PMI Reuters HONG KONG, June 1 (Reuters) – Private business activity in Hong Kong stayed below growth levels for the 11th straight month in May, but the speed of contraction eased further as staff costs dropped sharply, a purchasing managers' survey showed on … HK May PMI Shows Business Activity Shrank For 11th Mo Wall Street Journal Hong Kong PMI 44.8 in May RTT News all 7 news articles

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Indian Express

US gets 60 percent of GM after bankruptcy: official Reuters By John Crawley WASHINGTON (Reuters) – General Motors Corp will file for bankruptcy protection on Monday to complete a restructuring within three months that will give US taxpayers a 60 percent stake for $50 billion in aid, an Obama administration … A GM Bankruptcy Would Reshape Industry's Role With US Government CNNMoney.com GM to Seek Bankruptcy and a New Start New York Times BusinessWeek - Bloomberg - Forbes - USA Today all 9,751 news articles

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Indian Express

GM Bankruptcy to Bring Taxpayer Ownership, Reduction in Debt Bloomberg By John Hughes, Caroline Salas and Jeff Green June 1 (Bloomberg) — General Motors Corp., the world's largest automaker for 77 years, will file for bankruptcy today, and emerge with majority ownership by taxpayers and its liabilities reduced by more … GM to head into bankruptcy CNNMoney.com General Motors to File for Bankruptcy BusinessWeek MarketWatch - Los Angeles Times - The Associated Press - USA Today all 9,425 news articles

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ABC News

Geithner Urges China to Open Economy to US Firms Wall Street Journal By MAYA JACKSON RANDALL BEIJING — China, which has greatly benefited from open trade and investment, must now boost opportunities for US firms in its economy, US Treasury Secretary Timothy Geithner will say Monday in a broad speech on US-China … Geithner Tells China US to Tackle Deficit as Economy Recovers Bloomberg Geithner says global recession losing force The Associated Press BusinessWeek - New York Times - MarketWatch - Washington Post all 1,167 news articles

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Good deals for customers, big losses for Dodge dealers The Virginian-Pilot Thomas Hall, left, shakes hand with sales consultant Wes Parker before he drives off his brand new Dodge Challenger at Grafton Dodge in Yorktown County in May.

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