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Andersen Corp. announces layoffs - 1 day ago - Andersen Corp. will lay off hundreds of workers due to current market conditions, the company announced Thursday. The Bayport-based window maker has permanently laid off 50 office and management workers and temporarily laid off 400 0133 : Minneapolis-St Paul Business Journal

Wall Street - 3 hours ago - NEW YORK AP A deal to help head off mortgage foreclosures pulled Wall Street out of a slump Thursday, giving stocks a mostly higher close. Democratic lawmakers reached an agreement with Citigroup Inc. on a plan to let bankruptcy judges 0133 : Dubuque Telegraph Herald

Obama presses Congress to move on economic relief - 2 hours ago - WASHINGTON President-elect Barack Obama again pressed Congress on Friday for quick action on an economic recovery package, a day after Senate Democrats raised a number of objections to emerging details of the plan. Pointing to a new jobs 0133 : Detroit News

Research and Markets By The End Of Sep 2008, China Had Over 0133 - 6 hours ago - Research and Markets www.researchandmarkets.com research b2187a china financial po has announced the addition of the China Financial POS Machine Market Report, 2008 report to their offering. In narrow sense, the financial POS machines 0133 : PR Inside

GMAC says made 'significant progress' in reshaping ResCap - 1 day ago - Auto lending giant GMAC LLC on Thursday reiterated its support for mortgage unit Residential Capital LLC, saying it has made significant progress in reshaping ResCap to better align it with current market conditions. In a filing with the 0133 : Marketwatch

Citi reaches deal with lawmakers on home loans - 8 hours ago - WASHINGTON AP Democratic lawmakers have reached a deal with Citigroup Inc. on a plan to let bankruptcy judges alter home loans in an effort to prevent foreclosures and urged other lenders to follow suit. The lawmakers aim to attach the 0133 : Syracuse Post-Standard

Banks go soft on staff, not to act tough on loans - 4 hours ago - HYDERABAD The city is witnessing a surge of sympathy for Satyam employees and it s the banks that seem to be softening their otherwise business-like transactions with them. While several Satyam employees in the city woke up to an SMS from 0133 : Times of India

Mortgage Servicing Loses Luster as Bad Loans Mount Update1 - 6 hours ago - Jan. 9 Bloomberg Bank of America Corp., GMAC LLC, and WL Ross Co. are among mortgage servicers that have endured billions of dollars in unexpected costs and added thousands of workers to handle rising foreclosures, denting a business 0133 : Bloomberg