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Posted: January 9th, 2008, 11:00pm EST
A judge has ruled that an energy company may drill for natural gas on a sprawling Montana ranch owned by the billionaire candy magnate Forrest E. Mars Jr.
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Posted: January 9th, 2008, 12:26pm EST
Responding to growing public anxiety about inflation, Prime Minister Wen Jiabao announced that China would freeze prices of oil products, natural gas and electricity in the near term.
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Posted: January 9th, 2008, 12:20pm EST
Wall Street rose in early trading after a better-than-expected reading on the nation’s economy and a drop in jobless claims.
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Posted: January 9th, 2008, 12:17pm EST
Corporations and shoppers in the United States spent more than $54 million in 2007 on carbon offset credits, but where exactly is that money going?
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Posted: January 9th, 2008, 12:09pm EST
Failing to raise the $14 billion needed to bid in government auctions of wireless spectrum later this month, Frontline Wireless has left.
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Posted: January 9th, 2008, 12:01pm EST
Settling an antitrust case brought by European regulators, Apple agreed to align the prices on its iTunes digital music store in Britain with those in Continental Europe.
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Posted: January 9th, 2008, 11:28am EST
The online brokerage said that it sold $3 billion of mortgage-backed securities and municipal bonds, with a modest realized loss of $5 million.
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Posted: January 9th, 2008, 10:56am EST
Taxpayers who endure excessive expense or drain on their time when the I.R.S. mishandles a case should receive payments of up to $1,000 each, the National Taxpayer Advocate told Congress.
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Posted: January 9th, 2008, 10:35am EST
The snub opens the way for the parent of the nation’s largest carrier, Air China, to make an offer of its own.
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Posted: January 9th, 2008, 10:33am EST
Microsoft’s $1.2 billion bid for a Norwegian search software company is seen as an effort to add tools to its lucrative Office products and fend off Google.
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Posted: January 9th, 2008, 10:31am EST
The world’s largest bond insurer slashed its common stock dividend 62 percent as part of a plan to strengthen capital and preserve its “triple-A” credit ratings.
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Posted: January 9th, 2008, 9:30am EST
Silver Lake, the largest technology-focused private equity firm, announced a deal to sell a 9.9 percent stake to the California Public Employees’ Retirement System.
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Posted: January 9th, 2008, 2:57am EST
KB Home, the large home builder, said that its fourth-quarter loss swelled as the housing slowdown led to fewer sales and lower revenue.
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Posted: January 9th, 2008, 2:53am EST
The Federal Communications Commission will investigate whether Comcast is interfering with its subscribers’ attempts to use a popular online file-sharing program.
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Posted: January 9th, 2008, 2:47am EST
A plan is being developed to alleviate the growing pressure from pedestrian and vehicle traffic in Times Square.
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Posted: January 9th, 2008, 2:43am EST
James E. Cayne ended his tumultuous 14-year run as chief executive of the battered Bear Stearns, passing the baton to Alan D. Schwartz.
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Posted: January 9th, 2008, 2:07am EST
Warren Buffett’s new firm, Berkshire Hathaway Assurance Corporation, takes its first steps into the bond insurance market.
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Posted: January 9th, 2008, 2:03am EST
Amazon.com, the world’s largest online retailer, will soon finally have one place to call home.
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Posted: January 9th, 2008, 1:43am EST
A new JPMorgan Chase campaign aims to overcome cluttered airwaves, nervous customers and cuts in marketing budgets.
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Posted: January 9th, 2008, 12:48am EST
Reflecting a highly uncertain and divided outlook on monetary policy, regional Federal Reserve banks supported three options for the discount rate last month.
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Posted: January 9th, 2008, 12:27am EST
Barclays Capital said its co-president, Grant Kvalheim, had resigned and would leave at the end of the first quarter.
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Posted: January 9th, 2008, 12:27am EST
Constellation Brands, the wine and spirits company, said on Tuesday that third-quarter profit rose 11 percent, lifted by strong liquor sales, a growing wine business in North America and the acquisition of Svedka vodka.
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Posted: January 9th, 2008, 12:27am EST
Badly bruised by the sharp downturn in the housing market, Citigroup is bringing its mortgage-related activities under one roof.
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Posted: January 9th, 2008, 12:02am EST
Shares of the Countrywide Financial Corporation plunged 28.4 percent after it denied rumors that it was planning to file for bankruptcy protection.
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Posted: January 9th, 2008, 12:00am EST
Pending home sales dipped in November, a trade group for real estate agents said, but the association expects sales to pick up in the second half of 2008.
