Wells Fargo sees signs of life in loan business
Wells Fargo reports signs of recovery in its consumer lending as economists debate a broader banking rebound. The bank posted fourth quarter earnings of 394 million while warning about commercial real estate, prime mortgage and credit card risks ahead.
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Wells Fargo & Co
Bert Ely
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Ely
Thomson Reuters
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Strollers recalled over fingertip injuries and amputations
Graco strollers and travel systems sold at major retailers from 2004 to 2009 are recalled after 7 reports of finger amputations or cuts due to canopy hinges. Grace Children's Products Inc. offers free protective hinge covers and consumer guidance. Call 800 345 4109 or visit cpsc gov gracobaby com for details.
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Wal-Mart
Target
Grace Children’s Products Inc
Atlanta
China
Grace
AAFES
Burlington Coat Factory
Babies R Us
Toys R Us
Kmart
Fred Meyer
Meijer
Navy Exchange
Sears
Consumer Product Safety Commission
Safety Commission
Cpsc.gov
Gracobaby.com
China to slow lending to curb asset bubbles and sustain recovery
Chinese regulator Liu Mingkang said Beijing will restrain credit growth and tighten bank oversight to prevent real estate and asset bubbles while keeping the economy expanding. Authorities have already raised reserve requirements and rates, with banks urged to curb risky lending and local government exposure.
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Hong Kong
China
Liu Mingkang
Chinese Banking Regulatory Commission
Liu
Beijing
Obama
New York Times to charge for full Web access next year
The New York Times plans a metered Web system next year allowing a number of free stories monthly before charges apply. It aims to boost revenue without harming online advertising, while keeping unlimited access for print subscribers. The move invites reader questions about pricing and free article limits.
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Times
The
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