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      <title><![CDATA[Bennington Banner: Business]]></title>
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      <category domain="Media News Group">News</category>
      <ttl>15</ttl>
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         <title><![CDATA[UAW workers vote to make concessions]]></title>
         <link><![CDATA[http://www.benningtonbanner.com/business/ci_11135412?source=rss]]></link>
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         <description><![CDATA[Thursday, December 4

 DETROIT &#151; Worried about their jobs and warned that the cost of failure could be a depression, hundreds of leaders of the United Auto Workers voted overwhelmingly Wednesday to make concessions to the struggling Detroit Three, including all but ending a much-derided program that let laid-off workers collect up to 95 percent of their salaries.]]></description>
         <dc:creator>TOM KRISHER, and KIMBERLY S. JOHNSON  Associated Press</dc:creator>
         <pubDate><![CDATA[Thu, 4 Dec 2008 11:35:20 EST]]></pubDate>
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         <title><![CDATA[Big Three return  to Capitol Hill]]></title>
         <link><![CDATA[http://www.benningtonbanner.com/business/ci_11126920?source=rss]]></link>
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         <description><![CDATA[Wednesday, December 3

 WASHINGTON &#151; Humbled and fighting for survival, Detroit's once-mightyautomakers appealed to Congress with a retooled case for a bailout as large as $34 billion Tuesday, pledging to slash workers, car lines and executive pay in return for a federal lifeline. GM and Chrysler said they needed an immediate cash infusion to last 'til New Year's, and warned they could drag]]></description>
         <dc:creator>JULIE HIRSCHFELD DAVIS, and TOM KRISHER  Associated Press</dc:creator>
         <pubDate><![CDATA[Thu, 4 Dec 2008 11:34:26 EST]]></pubDate>
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         <title><![CDATA[Stocks finish higher despite dismal economic data]]></title>
         <link><![CDATA[http://www.benningtonbanner.com/business/ci_11135415?source=rss]]></link>
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         <description><![CDATA[Thursday, December 4

 NEW YORK (AP) &#151; Wall Street withstood another stream of bad economic readings Wednesday, closing sharply higher after investors shuttled between pessimism about the recession and hopes that the nation might start seeing relief soon. The major indexes saw big swings throughout the day, but all closed up more than 2 percent, giving the market its second straight advance.]]></description>
         <dc:creator>The Associated Press</dc:creator>
         <pubDate><![CDATA[Thu, 4 Dec 2008 11:33:49 EST]]></pubDate>
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         <title><![CDATA[Nov. auto sales sink to worst level since 1982]]></title>
         <link><![CDATA[http://www.benningtonbanner.com/business/ci_11126930?source=rss]]></link>
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         <description><![CDATA[Wednesday, December 3

 NEW YORK (AP) &#151; U.S. auto sales plunged 37 percent in November to their worst level in more than 26 years, dashing expectations that this dismal year for vehicle demand had found a bottom, and adding more ammunition to the Detroit automakers' case for a congressional lifeline.]]></description>
         <dc:creator>The Associated Press</dc:creator>
         <pubDate><![CDATA[Wed, 3 Dec 2008 11:31:47 EST]]></pubDate>
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         <title><![CDATA[Oil and gas prices slip to new 3-year lows]]></title>
         <link><![CDATA[http://www.benningtonbanner.com/business/ci_11126928?source=rss]]></link>
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         <description><![CDATA[Wednesday, December 3

 COLUMBUS, Ohio (AP) &#151; Retail gasoline fell to a new three-year low Tuesday and in an unprecedented decline, crude oil costs $100 less per barrel than it did four months ago with a U.S. recession eating away at energy demand.


 Analysts believe prices at the pump may finally be bottoming out after a precipitous decline from record highs this summer.]]></description>
         <dc:creator>The Associated Press</dc:creator>
         <pubDate><![CDATA[Wed, 3 Dec 2008 11:31:01 EST]]></pubDate>
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         <title><![CDATA[Dow drops 680 points]]></title>
         <link><![CDATA[http://www.benningtonbanner.com/business/ci_11118055?source=rss]]></link>
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         <description><![CDATA[Tuesday, December 2

 NEW YORK (AP) &#151; The stock market suffered one of its worst days since the financial meltdown Monday, slicing 680 points off the Dow Jones industrial average as Wall Street snapped out of its daydream of a rally and once again faced the harsh reality of a recession.


 Not only did stocks end their five-day winning streak, they erased more than half the gains.]]></description>
         <dc:creator>The Associated Press</dc:creator>
         <pubDate><![CDATA[Tue, 2 Dec 2008 10:29:06 EST]]></pubDate>
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         <title><![CDATA[Black Friday shoppers hit the stores in force]]></title>
         <link><![CDATA[http://www.benningtonbanner.com/business/ci_11100894?source=rss]]></link>
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         <description><![CDATA[Saturday, November 29

 NEW YORK (AP) &#151; Shoppers, who had snapped their wallets shut since September, turned out in force Friday to grab early morning deals and hard-to-find toys like Elmo Live, but many said worries about the economy have them focusing on fewer gifts and less expensive, more practical items.]]></description>
         <dc:creator>The Associated Press</dc:creator>
         <pubDate><![CDATA[Sat, 29 Nov 2008 03:02:24 EST]]></pubDate>
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         <title><![CDATA[Full mortgage meltdown looms]]></title>
         <link><![CDATA[http://www.benningtonbanner.com/business/ci_11100880?source=rss]]></link>
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         <description><![CDATA[Saturday, November 29

 WASHINGTON (AP) &#151; The full scope of the housing meltdown isn't clear and already there are ominous signs of a new crisis &#151; one that could turn out the lights on malls, hotels and storefronts nationwide.


 Even as the holiday shopping season begins in full swing, the same events poisoning the housing market are now at work on commercial properties, and the bad]]></description>
         <dc:creator>The Associated Press</dc:creator>
         <pubDate><![CDATA[Sat, 29 Nov 2008 03:02:16 EST]]></pubDate>
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         <title><![CDATA[Stocks keep up steady climb]]></title>
         <link><![CDATA[http://www.benningtonbanner.com/business/ci_11100879?source=rss]]></link>
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         <description><![CDATA[Saturday, November 29

 NEW YORK (AP) &#151; Wall Street climbed again Friday, wrapping up its biggest five-day rally in more than 75 years, even as investors digested signs of a bleak holiday season for retailers and fears that a flurry of reports next week will show more economic distress.


 On the short trading day, investors snapped up the battered shares of blue-chip stalwarts Citigroup]]></description>
         <dc:creator>The Associated Press</dc:creator>
         <pubDate><![CDATA[Sat, 29 Nov 2008 03:02:15 EST]]></pubDate>
      </item>
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         <title><![CDATA[Stocks manage small gain]]></title>
         <link><![CDATA[http://www.benningtonbanner.com/business/ci_11078021?source=rss]]></link>
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         <description><![CDATA[Wednesday, November 26

 NEW YORK (AP) &#151; Wall Street showed some signs of stability Tuesday as investors, heartened by government plans to aid consumer lending companies, selectively bought more stocks following a huge two-day rally. Gains in blue chips gave the Dow Jones industrials and the Standard & Poor's 500 index their first triple-session advance in more than two months.]]></description>
         <dc:creator>The Associated Press</dc:creator>
         <pubDate><![CDATA[Wed, 26 Nov 2008 03:04:45 EST]]></pubDate>
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         <title><![CDATA[Consumer confidence returning]]></title>
         <link><![CDATA[http://www.benningtonbanner.com/business/ci_11077953?source=rss]]></link>
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         <description><![CDATA[Wednesday, November 26

 NEW YORK (AP) &#151; Consumer confidence rose in November amid receding gas prices, but Americans' views on the economy remain the gloomiest in decades as they grapple with massive layoffs, slumping home prices and dwindling retirement funds.


 The New York-based Conference Board said Tuesday its Consumer Confidence Index now stands at 44.]]></description>
         <dc:creator>The Associated Press</dc:creator>
         <pubDate><![CDATA[Wed, 26 Nov 2008 03:03:47 EST]]></pubDate>
      </item>
      <item>
         <title><![CDATA[GM can't afford Tiger in the tank]]></title>
         <link><![CDATA[http://www.benningtonbanner.com/business/ci_11077952?source=rss]]></link>
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         <description><![CDATA[Wednesday, November 26

 DETROIT (AP) &#151; General Motors is bailing out on Tiger Woods.


 Woods, a global icon in sports with his 14 major championships, has been carrying the Buick logo on his golf bag for the last nine years and still had one year left on his contract.


 But General Motors Corp.]]></description>
         <dc:creator>The Associated Press</dc:creator>
         <pubDate><![CDATA[Wed, 26 Nov 2008 03:03:47 EST]]></pubDate>
      </item>
      <item>
         <title><![CDATA[Obama urging quick action on economic crisis]]></title>
         <link><![CDATA[http://www.benningtonbanner.com/business/ci_11068872?source=rss]]></link>
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         <description><![CDATA[Tuesday, November 25

 CHICAGO &#151; Citing an "economic crisis of historic proportions," President-elect Barack Obama urged Congress to pass a costly, job-creating stimulus bill as quickly as possible, a rare pre-inaugural call to action delivered as the outgoing Bush administration approved fresh billions to bail out one of the nation's largest banks.]]></description>
         <dc:creator>BETH FOUHY, and DAVID ESPO  Associated Press</dc:creator>
         <pubDate><![CDATA[Tue, 25 Nov 2008 09:51:10 EST]]></pubDate>
      </item>
      <item>
         <title><![CDATA[Berkshire Bank has applied for $40M from U.S. financial bailout]]></title>
         <link><![CDATA[http://www.benningtonbanner.com/business/ci_11060875?source=rss]]></link>
         <guid><![CDATA[http://www.benningtonbanner.com/business/ci_11060875?source=rss]]></guid>
         <description><![CDATA[Monday, November 24

 PITTSFIELD, Mass. &#151; Berkshire Bancorp, the parent company of Berkshire Bank, has applied for $40 million from the federal financial bailout.


 President and CEO Michael P. Daley said funding from the Troubled Asset Relief Program, or TARP, a fundamental component of the $700 billion federal bailout, is only available to banks that are financially strong.]]></description>
         <dc:creator>TONY DOBROWOLSKI, The Berkshire Eagle</dc:creator>
         <pubDate><![CDATA[Mon, 24 Nov 2008 03:00:23 EST]]></pubDate>
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      <item>
         <title><![CDATA[Gadhafi's son wants to invest big in U.S.]]></title>
         <link><![CDATA[http://www.benningtonbanner.com/business/ci_11049345?source=rss]]></link>
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         <description><![CDATA[Saturday, November 22

 NEW YORK (AP) &#151; Libya wants to open a new chapter in relations with the United States by investing some of its $100 billion sovereign wealth fund in U.S. companies and sending thousands of students to study in America, the son of Libya's leader said Friday.


 In an interview with The Associated Press, Seif al-Islam Gadhafi also outlined plans for Libya to move from]]></description>
         <dc:creator>The Associated Press</dc:creator>
         <pubDate><![CDATA[Sat, 22 Nov 2008 03:07:44 EST]]></pubDate>
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