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SanDisk to lower production at Japanese plants

Memory chip maker SanDisk Corp. said it will temporarily stop making some flash wafers at its joint-venture Japanese plants for nearly two weeks due [...] read more »
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Casinos rolling snake eyes in bad economy

It appears that weathering the tough economy is enough of a gamble for most Americans. Casinos, lottery agencies and racetracks are losing tons of mo[...] read more »
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Electrolux to shed 3,000 jobs

Electrolux, the giant home appliance maker, said Monday that it would undershoot its 2008 earnings forecast and cut over 3,000 jobs globally amid an [...] read more »
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Google Wants Its Own Fast Track on the Web

Google Inc. has approached major cable and phone companies that carry Internet traffic with a proposal to create a fast lane for its own content, acc[...] read more »
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Confidence plunges at Japanese companies

Confidence at major Japanese manufacturers marked its sharpest drop in 34 years, a key central bank survey showed Monday, further evidence that the w[...] read more »
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Alcatel-Lucent's Perpetual Turnaround

Alcatel-Lucent (ALU) announced on Dec. 12 that it will reorganize its divisions, shift its product strategy away from declining markets, and slash 1,[...] read more »
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Northeast ice storm leaves 1.25M without power

An ice storm to compare with some of the Northeast's worst made a mess of the region Friday, leaving 1.25 million homes and businesses in seven stat[...] read more »
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California passes rules for cleaner diesel trucks

California on Friday became the first state in the country to force big diesel trucks to clean up their exhaust, despite warnings from truckers the n[...] read more »
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Questions Are Raised in Trader’s Massive Fraud

For years, investors, rivals and regulators all wondered how Bernard L. Madoff worked his magic. But on Friday, less than 24 hours after this promine[...] read more »
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Saab Welcomes Sweden's SEK28 Billion Auto Industry Measures

Swedish car maker Saab Automobile AB, a unit of General Motors Corp. (GM), Friday said it welcomed measures by the Swedish government to boost spendi[...] read more »
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Climate change: EU leaders reach compromise deal on emissions

European leaders have reached a compromise deal on how to cut carbon emissions, diplomats said, on the second day of a heads of state summit in Bruss[...] read more »
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Dollar Slumps Below 90 Yen as U.S. Auto Bailout Fails in Senate

The dollar slumped below 90 yen for the first time in 13 years after the U.S. Senate rejected a $14 billion bailout for General Motors Corp. and Chry[...] read more »
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Asian auto shares plunge, dragging region lower

A week of solid gains ended on a sour note for Asian markets Friday as stocks got broadly hammered as hopes for a U.S. government bailout of the Big [...] read more »
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Electronic Arts says it'll miss fiscal-year targets, plans deeper job cuts

The world's largest game publisher, expecting disappointing holiday sales, says it will cancel some projects as well as reduce its workforce by more[...] read more »
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Congressional Panel Overseeing U.S. Bailout Criticizes Treasury

An oversight committee set up by Congress criticized the U.S. Treasury for not using the $700 billion financial bailout to help average Americans, an[...] read more »
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