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Global business (Minneapolis-St. Paul Star Tribune)
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| Underlining the woes besetting U.S. homebuilders, D.R. Horton, the biggest by sales, said almost half its orders had been canceled in the three months ending Sept. 30. Meanwhile, figures showed that the construction of new homes in September was the lowest, at an annual rate, for 14 years. Big banks continued to report mixed quarterly earnings. While Citigroup's net income fell by 57 percent, ... |
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