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Morning Money Links Toyota shares slammed on sales halt; Bernanke picks up more votes; college frosh shun business as a major
--- Toyota shareholders paying for pedal defect: The company’s decision
to halt sales of eight models -- because of the potential for their gas
pedals to stick -- sent the stock down 4.3% in Tokyo trading after 4.7%
slump on Tuesday. The U.S. shares are off 8.5% so far today after a
1.1% drop on Tuesday. Shares of CTS Corp. True Religion Corduroy, which Toyota said made the
suspect pedal parts Moncler jacka billigt, are down 18%.--- Fed chief picks up more votes: Ahead of Thursday’s Senate vote on Federal Reserve Chairman Ben S. Bernanke’s confirmation for a second term timberland work boots, more senators are lining up for him. “He has the votes to be confirmed magasin ugg,” said Sen. Judd Gregg (R-N.H.). --- Higher interest rates won’t kill the economy: Or so Morgan Stanley economists argue. They see a “coming rise in interest rates [as] a by-product of recovery rivenditori scarpe mbt, not a headwind for it.” For now Canada Goose suomi, everyone’s expecting the Fed to keep holding short-term rates at zero. The central bank concludes its first meeting of the year with an announcement at 11:15 a.m. PST today.--- College frosh turn away from business: The percentage of college freshmen planning to major in business is at its lowest level since the mid-1970s, a national survey shows.-- Tom PetrunoRelated Topics Articles:
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