Judge revokes bond for financier Stanford
A federal judge revoked the bond of Texas financier R. Allen Stanford, ordering he be kept in jail while he awaits trial on charges alleging he swindled investors out of $7 billion.
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Consumer confidence slipped in June
Americans — whose hope for the economy had been rising since March — unexpectedly lost faith this month, pushing down a widely watched barometer.
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Chrysler Financial to cut 9 percent of workers
Chrysler's former financial arm said Tuesday that it will reduce its work force by 9 percent, or more than 300 employees, as it restructures operations after losing its preferred lender status with the automaker.
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National Express boss to resign
Richard Bowker, the chief executive of transport group National Express, will step down, the BBC has learned.
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Costs hit low income households
Rising costs are hitting the incomes of those on minimum household budgets, the Joseph Rowntree Foundation says.
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Latest news, explainers and advice on coping with a recession
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Businesses regret links with slavery
Rothschild, the merchant bank, and Freshfields, the City law firm, have become the first UK businesses to say they "greatly regret" their links with slavery
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Embattled National Express chief to go
Richard Bowker announces his resignation from the UK bus and rail operator just hours before it is to make a crucial trading statement and days after it rejected a rival's takeover offer
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BAE misses out on $1.1bn truck contract
BAE Systems, Europe's biggest defence contractor, has missed out on a billion-dollar contract to provide mine-resistant offroad vehicles to the US Army
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