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  1. Retailers Target, Nordstrom hit crunch with branded cards (USA Today)
    Retailers such as Target and Nordstrom are facing surging credit card delinquencies. Many retailers have a store-branded credit card, though many have unloaded their credit card portfolios to banks.Target and Nordstrom, among a handful of other retailers, defied this trend, which looked like a smart move when times were good. Retail credit cards typically charge interest rates of 20% of more, ...
    www.usatoday.com
  2. Continental waives bag fee for some card holders - CNN Money
    NEW YORK (Associated Press) - Continental Airlines Inc., the nation's fifth-largest carrier, is giving some passengers a break on its fee to check a first bag. The airline said Tuesday that, effective immediately, it will waive its fee of $15 each ...
    money.cnn.com
  3. Teck Drops Most in 20 Years on Debt Payment Concern (Update2) (Bloomberg)
    Nov. 12 (Bloomberg) -- Teck Cominco Ltd. dropped the most in 20 years in Toronto on concern the miner won't be able to repay $9.8 billion in debt used to finance last month's acquisition of Fording Canadian Coal Trust.
    www.bloomberg.com
  4. Government to Roll Out New Program for At-Risk Mortgages (Washington Post)
    The government and mortgage industry -- including federally run mortgage finance giants Fannie Mae and Freddie Mac -- plan to announce today a new streamlined system for modifying the mortgages of hundreds of thousands of borrowers to avoid foreclosure, according to two people familiar with the m...
    www.washingtonpost.com