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NYSE and Nasdaq close for 2 days as Hurricane Sandy approaches

For the first time since 1885, the NYSE and Nasdaq stock exchange will close for two business days, as Hurricane Sandy approaches the East Coast.

Willie Walsh mulls investing in Japan Airlines

LONDON, England - Willie Walsh, International Airlines Group's chief executive, says the company would consider investing in Japan Airlines when it returns to the stock market.

Brazil stocks advance on Olympic tourism, investment prospects

Brazilian stocks gained the most in almost a month after investors bought shares of retailers, steelmakers and transportation companies that will benefit from the 2016 Olympics.

eTN Executive Talk: Fannie Mae VP speaks the truth

Formerly called the Federal National Mortgage Association or FNMA, Fannie Mae was established in 1938. Its initial goal was to stimulate the housing industry following the Great Depression.