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Jean Keller earned $269,810 last year working as a nurse at a men’s prison on California’s central coast by tripling her regular pay with overtime hours.
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Argentina ordered oil, gas and mining companies to repatriate all export revenue as the government struggles to stem accelerating capital flight from South America’s second-biggest economy.
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European leaders “have risen to the challenge,” German Chancellor Angela Merkel said. French President Nicolas Sarkozy proclaimed their July 21 summit a “historic turning point” and Luxembourg Prime Minister Jean- Claude Juncker called it the “final package, of course,” to extinguish the debt inferno.
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Amazon.com Inc.’s escalating pursuit of Apple Inc. squeezed its profit forecast for this quarter, prompting investors to erase as much as $11 billion from the company’s market value.
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A top lobbyist for France’s largest bank says European lawmakers will have only themselves to blame if pressure to bolster capital too quickly results in more Boeing Co. planes at the expense of European rival Airbus SAS.
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U.S. stocks rose, following the biggest drop in three weeks for the Standard & Poor’s 500 Index, as better-than-forecast economic reports offset concern that European debt-crisis talks were stalling.
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European Union talks with banks on bondholder losses as part of a second Greek rescue package are deadlocked and have been suspended, an EU official said.
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German lawmakers are set to back a planned increase in the European rescue fund’s capacity, strengthening Chancellor Angela Merkel’s hand before a Brussels summit that aims to quell the euro-area debt crisis.
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Chancellor Angela Merkel headed to a summit to solve the euro debt crisis armed with the endorsement of the German parliament as Italy’s Silvio Berlusconi struggled to meet Europe’s demands to cut pension spending.
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European stocks advanced as the region’s leaders prepared to gather in Brussels for the second summit in four days to address the debt crisis and U.S. durable- goods orders and home sales topped forecasts.