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Detroit Auto Show 2012: Craftsman to Introduce -- a Tractor?

Tractor
Before next week, Craftsman's largest unveiling of a new tractor wasn't very large in scope at all. It certainly wasn't a tractor show with more than 40 introductions. It certainly wasn't an auto show of the same magnitude. It wasn't even open to the public.
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Wall Street Buoyed by Rallying Bank Shares

Banks led Wall Street to gains on Thursday even as Europe struggled again, a sign investors are betting a relatively strong U.S. economy will help U.S. stocks outperform other markets.
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Olympus former CEO drops bid to run company: report

The former CEO of Japan's Olympus Corp is dropping his bid to retake control of the troubled company because of lack of support from Japanese institutional investors, according to a Wall Street Journal report.
Esme Barrera: Jim Ward, Indie Bands Pay Tribute

Esme Barrera: Jim Ward, Indie Bands Pay Tribute as Murder Victim Remembered

Indie musician Jim Ward is just one of countless friends, family members and even total strangers rocked by the death of Esme Barrera, a staple of the Austin, Texas music scene and a devoted advocate of children with special needs. As police search for Barrera's killer, who may be linked to two more attacks, Barrera's loved ones are fighting to preserve the memory of her life, not her untimely death.
PepsiCo CEO Indra Nooyi

PepsiCo Layoff Rumblings Confirm Trend for Mass Firings

PepsiCo's reported plans to lay off about 4,000 employees, if confirmed, would be only the latest in a round of mass layoffs large American manufacturers have announced or put into effect just 5 days into the new year.
SNB Chairman Hildebrand listens during a news conference on monetary policy assessment in Zurich

Swiss Central Bank Chief Faces Battle to Keep Job

Switzerland's top central banker is battling for his future as he faces a grilling on Thursday over a controversial currency trade made by his wife three weeks before he oversaw moves to impose a cap on the Swiss franc.
A flyer advertising holiday job listings is seen at the North Metro Department of Labor Career Center in Atlanta

Private hiring surges, jobless claims dip

Private-sector hiring surged in December as employers added 325,000 new workers while claims for jobless benefits fell, raising hope that recent labor market improvement would continue in 2012.
Pepsi

Pepsi May Cut 4,000 Jobs: Report

Pepsi employs about 300,000 workers around the world, including 2,000 in Purchase, New York at company headquarters. The job cuts will involve some employs working in Purchase, according to The New York Post.
Iran Ramps Up Gulf Tension, Global Economies on Alert

Oil Price Hovers Near $103; EU Agrees to Iran Embargo

The price of oil has been rising due to mounting tensions between Iran and the United States and other western countries. On Wednesday the pressure on Iran continued to ratchet up, as European Union governments agreed on to ban imports of Iranian oil.

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