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Business Briefs

(10/07/04 12:33am)

China addresses exchange rate WASHINGTON, D.C. -- The Bush administration, facing huge and politically sensitive trade deficits, secured China's pledge Friday to work harder to move its currency toward a flexible exchange rate, which would make U.S. goods more competitive abroad.

eBay: Online auctions at their finest

(10/21/04 12:35am)

With the Internet revolution now beyond its infancy, only a handful of successful Web sites from its early years remain to this day. EBay Inc., located at, has survived the revolution and gained a foothold in the e-commerce business through its daily auctions that bring people together from all over the world to determine the value of various products.

Business in Brief

(10/28/04 1:00am)

Cuba says good-bye to U.S. currency HAVANA -- Communist Cuba said "adios" to the Yankee dollar that shored up its struggling economy for a decade, launching a two-week process Tuesday to eliminate the U.S. currency from circulation in its stores and businesses in response to stepped-up American sanctions.

Kelley student takes first at competition

(11/03/04 11:44pm)

On Oct. 22 sophomore Alix Moll, a member of IU's Global Sales Leadership Club, bested over 30 other students to capture the state title at the Midwest Sales Competition held at Ball State University in Muncie. Senior Cameron Gwinn, juniors Jeff Martin and Lauren Hilgeford, and sophomore Allison Baumann also performed well for IU. This is the first time IU has sent students to the competition.

Business outlook panel to visit 11 Hoosier cities

(11/04/04 12:15am)

With the ending of the presidential election yesterday, the fate of America's economy again lies in the hands of the re-elected President George W. Bush. Indiana economists have plans and theories as to what will happen with oil prices, inflation, growth productivity, interest rates and employment in the coming years, and they want their predictions to be heard during this year's Business Outlook Tour.

Holiday work opportunities should be on the rise

(11/10/04 11:43pm)

NEW YORK -- People who want to earn some extra money during the holiday season should get their job applications in now. The nation's retailers expect a modest pickup in holiday spending this year, despite higher gasoline prices and rising interest rates that some feared would put a damper on the season, according to the National Retail Federation, a trade group.

Business Briefs

(11/17/04 11:56pm)

Home Depot reports sales increases in third quarter ATLANTA -- The Home Depot Inc., the nation's largest home improvement store chain, reported a nearly 15 percent jump in third-quarter earnings on strong sales, particularly at stores open at least a year.

New year brings new styles to auto industry

(12/02/04 11:11pm)

What attracts people to a nice car? Is it the nice paint job, the cool rims or the fact that it's newly redesigned? Consumers place different values on different features, such as safety, reliability and appearance. But the 2005 auto industry is sure to showcase a car for every consumer's need. An Indiana Daily Student reporter gives her review of selected favorites for the upcoming season.