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Vote on Detroit Bailout Nears

The White House and congressional Democrats yesterday reached an "agreement in concept" on a plan that would throw a government lifeline to the fal[...] read more »
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Lawyer Accused of $100 Million Swindle

Marc Dreier, the owner of a prominent New York law firm who was arrested last week, was hit Monday with criminal charges and civil complaints allegin[...] read more »
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Debt-Saddled Tribune Co. Files for Bankruptcy Protection

Media giant Tribune Co. yesterday became the first major newspaper or chain in several decades to enter Chapter 11 bankruptcy protection, as the debt[...] read more »
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Deutsche Boerse, NYSE Euronext up after talks

Shares in Deutsche Boerse and NYSE Euronext posted strong gains Monday after weekend reports that the firms had discussed a merger, though any talks [...] read more »
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Private Shareholdings at Public Risk

David Ross must be wishing Carphone Warehouse was Russian. When AIM-listed Sibir Energy recently discovered a prominent board member and leading shar[...] read more »
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Christie Hefner to depart Playboy

After 20 years at the helm of the firm founded by her father, Christie Hefner will step down as chairman and chief executive officer of Playboy Enter[...] read more »
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Straphangers grow in step with gas prices

More Americans opted to take public transportation in the third quarter as gas prices hit record levels. read more »
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Figuring out the hows and whys of oil, gas prices

You've probably noticed that the price you are currently paying at the pump is half the price you paid in July, or maybe even less. You also may be [...] read more »
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Ballmer Wants Yahoo Search Engine Deal ‘Quickly,’ WSJ Says

Microsoft Corp. Chief Executive Officer Steve Ballmer wants to build a “credible competitor” to Google Inc. by buying Yahoo Inc.’s online search busi[...] read more »
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Foreclosures threat rises as loan arrears reach record high

The number of US borrowers behind on their mortgage payments or facing foreclosure rose to record highs in the third quarter and threatened to escala[...] read more »
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Why Obama Must Go to China

It would be a showstopper if Obama made China his first presidential trip abroad and brought top officials. read more »
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At G.M., Innovation Sacrificed to Profits

General Motors did not apologize for anything in its first trip to Congress more than two weeks ago to plead for a federal rescue. The company’s only[...] read more »
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Maybe It’s Time to Buy That First House

Five or 10 years from now, when the financial crisis has ended and housing prices are up smartly once more, we will look in the rearview mirror and r[...] read more »
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Mortgage delinquency rate hits 7% in Ariz., US

More people are falling behind on their mortgage payments in Arizona and much of the United States as job losses mount, the financial markets struggl[...] read more »
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US in new push for auto bailout

The US authorities are stepping up efforts to agree a deal worth billions of dollars to bail out the country's three big carmakers. read more »
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