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- Citi to Lay Off 10,000+, Raise Some Card Rates: WSJ (Fox News)
feeds.foxbusiness.com Citi is reportedly planning on reducing its workforce and cut budgets.
- GMAC Says It May Halt Financing to Some GM Dealers (Update2) (Bloomberg)
www.bloomberg.com Oct. 30 (Bloomberg) -- GMAC LLC , the lender partly owned by General Motors Corp., is telling some GM dealers it will no longer provide them with financing to buy vehicles because of its own reduced funding, according to letters sent to the retailers.
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