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Business news

...holdings of U.S. debt rose in March as China ramped up its purchases and displaced Japan as the leading owner of U.S. Treasury securities.The Treasury Department says overseas ownership of U.S. debt rose 2.1 percent in March to $6...

http://chronicle.augusta.com/news/business/2015-05-15/business-news
Freddie Mac posts $524M profit in 1Q; paying $746M dividend

...during the quarter.Freddie, based in McLean, Virginia, also said it will pay a dividend of $746 million to the U.S. Treasury next month. Freddie will have paid $92.6 billion in dividends, exceeding its government bailout of $71 billion...

http://chronicle.augusta.com/news/business/2015-05-05/freddie-mac-posts-524m-pro
Volatile start to year in markets could help bank profits

...money from the higher interest they charge borrowers. Since the Federal Reserve has kept interest rates near zero and U.S. Treasury yields have gone down from a year ago, there is little opportunity for banks to lend at higher rates."The fundamental...

http://chronicle.augusta.com/news/business/2015-04-13/volatile-start-year-market
Airbnb comes to Cuba in major expansion of US business on communist island

...religious activities.While virtually all U.S. travel to Cuba previously required individual licenses from the U.S. Treasury Department, the January changes essentially shift it to an honor system by allowing travelers to fill out a form...

http://chronicle.augusta.com/news/business/2015-04-03/airbnb-comes-cuba-major-ex
Mylan offers to buy rival generic drugmaker Perrigo

...nations with lower taxes than the U.S. The tactic was criticized by President Obama and others, and in September the U.S. Treasury Department changed some of its rules to make the tactic less attractive. Some companies that had been considering...

http://chronicle.augusta.com/news/business/2015-04-08/mylan-offers-buy-rival-gen
Business news

...services, helping ease congested networks.The auction, which ended Thursday, will raise $41.3 billion for the U.S. Treasury and various federal programs. AT&T Inc. bid $18.2 billion and Verizon Wireless $10.4 billion. T-Mobile...

http://chronicle.augusta.com/news/business/2015-01-30/business-news
US stocks fall on dismal retail report and a slow growth outlook; Investors flee to bonds

...a five-year low, and they piled into German, British and U.S. government bonds. The yield on the 30-year U.S. Treasury fell to its lowest on record."We haven't seen volatility like this for years," said John Canally, an investment...

http://chronicle.augusta.com/news/business/2015-01-14/us-stocks-fall-dismal-reta
US home sales hit slowest pace in 6 months in November

...That was the lowest level since May 2013.Rates have fallen as investors have plowed their money into 10-year U.S. Treasury notes, after being spooked by plummeting oil prices and signs of slowing growth overseas that make lower risk investments...

http://chronicle.augusta.com/news/business/2014-12-22/us-home-sales-hit-slowest-
Cubans draw MLB scouts to Puerto Rico for Caribbean Series

...Dan Halem sent a memorandum to teams, saying the new policy was warranted following changes made in December by the U.S. Treasury Department's Office of Foreign Assets Control to Cuban Assets Control Regulations. That followed President Obama's...

http://chronicle.augusta.com/sports/baseball/2015-02-03/cubans-draw-mlb-scouts-p
High dollar dents company earnings

WASHINGTON - The victims vary: Fast-food colossus McDonald's. Techno­logy giant Oracle. Medical device maker Cooper Cos. The culprit's the same: A surging U.S. dollar.

http://chronicle.augusta.com/news/business/2015-01-16/high-dollar-dents-company-