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Wayne Ellis

[family Christmas shopping]
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In an effort to one-up the competition, maximize profits and ensure customer satisfaction, Wal-Mart will start its Black Friday sales on Thursday, Nov. 28, at 6:00 pm.

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With business growth rates in emerging markets four to five times larger than in the United States and Europe, PepsiCo and Coca Cola are ratcheting up their marketing war machines for battle in these regions.

Chicago
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Citing the city’s glacial economy, Fitch Ratings cut the city of Chicago’s bond rating. In addition to the Windy City’s economic downturn, Fitch also cited its inability to resolve its mounting union pension concerns.

Mario Draghi
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Mario Draghi, president of the European Union’s (EU) central bank, is calling for an interest-rate cut to help bolster Europe’s sagging recovery.

[unhappy Christmas shopper]
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J.C. Penney Co. (JCP) heads into the holiday season needing a gift from Ole St. Nick to appease investors.

[house in a shopping cart]
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Just as home sales and subprime mortgages inflated the real estate bubble in 2006 and 2007, today the U.S. auto industry is watching sales soar on the wings of unqualified buyers.