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Posted: January 11th, 2008, 11:59pm EST
The event, which usually ends in teary speeches and lavish parties, could end up in court instead.
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Posted: January 11th, 2008, 11:58pm EST
Merck & Company said it had signed a deal for an authorized generic form of its blockbuster osteoporosis drug Fosamax to become available in February.
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Posted: January 11th, 2008, 11:57pm EST
LOS ANGELES (AP) — Robert A. Iger, chief executive of the Walt Disney Company, received a compensation package in the 2007 fiscal year valued by the company at $27.7 million, according to an analysis of documents filed Friday with the Securities and Exchange Commission.
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Posted: January 11th, 2008, 10:26am EST
Some writers wonder whether the guild’s militant tactics are actually doing more damage than good.
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Posted: January 11th, 2008, 10:20am EST
Chrysler and Nissan of Japan took the first step toward a possible broader alliance Friday, reaching agreement for Nissan to supply Chrysler with a small car to be sold in South America.
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Posted: January 11th, 2008, 10:10am EST
Ben S. Bernanke sent a strong signal that the central bank will lower interest rates again.
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Posted: January 11th, 2008, 9:47am EST
Record oil prices widened the deficit in November as the cost of imported petroleum outpaced a modest rise in exports.
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Posted: January 11th, 2008, 9:32am EST
Bank of America will pay in stock for Countrywide Financial, the lender that became a symbol of the excesses that led to the subprime mortgage crisis.
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Posted: January 11th, 2008, 9:17am EST
Northern Rock, the mortgage lender saved from collapse by the Bank of England, took a step toward repaying the loans by selling a 2.2 billion pound portfolio to JP Morgan.
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Posted: January 11th, 2008, 8:37am EST
Merrill Lynch is expected to suffer $15 billion in losses stemming from soured mortgage investments, almost double its original estimate.
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Posted: January 11th, 2008, 8:35am EST
Sony BMG announced that it would become the fourth and final major music label to sell digital music on Amazon.com.
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Posted: January 11th, 2008, 5:29am EST
Mr. Uemura, a Japanese makeup artist, won acclaim in Hollywood and then built an international cosmetics brand under his name.
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Posted: January 11th, 2008, 5:25am EST
Mr. Gruppuso was the founder of Kozy Shack Enterprises, a company in Hicksville, Long Island, that sells millions of four-ounce cups of pudding, particularly rice pudding.
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Posted: January 11th, 2008, 4:25am EST
Mr. Taylor’s projects helped shape skylines in several Southern metropolitan areas.
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Posted: January 11th, 2008, 2:34am EST
The European Central Bank left its key interest rate unchanged on Thursday but signaled that it could raise it pre-emptively if generous wage deals threaten to ignite inflation.
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Posted: January 11th, 2008, 2:29am EST
Scores of investors have sought to profit by buying into troubled financial firms at low prices: so far their investments have failed to make much of a profit.
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Posted: January 11th, 2008, 1:58am EST
China’s global trade surplus soared nearly 50 percent last year to a record despite an avalanche of safety warnings and recalls of Chinese-made products abroad.
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Posted: January 11th, 2008, 1:56am EST
The British government on Thursday approved plans to refresh the country’s fleet of nuclear reactors, and invited companies to offer plans to build and operate the plants.
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Posted: January 11th, 2008, 1:55am EST
As incomes rise and cheap cars proliferate, Indians are developing a new affection for the automobile.
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Posted: January 11th, 2008, 12:43am EST
Investors found renewed confidence in a report that Bank of America is close to buying the struggling mortgage lender Countrywide Financial.
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Posted: January 11th, 2008, 12:42am EST
Inventories at wholesalers rose more than forecast in November and sales increased, reflecting rising prices for oil and farm products.
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Posted: January 11th, 2008, 12:41am EST
A huge underwater oil field discovered late last year has the potential to transform Brazil into a sizable exporter and win it a seat at the table of the world’s oil cartel.
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Posted: January 11th, 2008, 12:41am EST
Only three casinos in Atlantic City, the gambling resort which for years has known nothing but growth, reported increasing revenue for the year.
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Posted: January 11th, 2008, 12:40am EST
Executives of the carrier want to engage in merger discussions with United Airlines and Northwest Airlines as a way to cut costs and stay profitable.
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Posted: January 11th, 2008, 12:39am EST
The New York State attorney general issued a wide-ranging subpoena as part of an investigation into whether the Intel Corporation violated federal or state antitrust laws.
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Posted: January 11th, 2008, 12:39am EST
The Blackstone Group agreed to buy GSO Capital Partners as it seeks to build its credit operations amid tough market conditions.
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Posted: January 11th, 2008, 12:34am EST
With an economic boom in developing countries, established stock exchanges are increasingly dependent on attracting business from companies based far from their home countries.
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Posted: January 11th, 2008, 12:33am EST
Credit Suisse announced Thursday that it was seeking to form a joint venture with a Chinese brokerage firm, Founder Securities.
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Posted: January 11th, 2008, 12:33am EST
The deal contains provisions that will allow it to be superseded by any agreement ultimately reached with the major companies through their bargaining group, the Alliance of Motion Picture and Television Producers.
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Posted: January 11th, 2008, 12:33am EST
The $19.5 billion deal will take Clear Channel Communications, the nation’s largest radio broadcaster, private.
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Posted: January 11th, 2008, 12:33am EST
The company will take a $275 million fourth-quarter charge as more cardholders fail to repay their debts.
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Posted: January 11th, 2008, 12:32am EST
Tide, the biggest detergent brand in America — sold by the biggest advertiser in America — will appear for the first time on the biggest day for advertising in America.
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Posted: January 11th, 2008, 12:30am EST
After a period of experimentation with sleeker fashion and upscale merchandise Wal-Mart, in 2007, returned with a vengeance to the strategy that built it into the world’s largest retailer: low prices.
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Posted: January 11th, 2008, 12:30am EST
Jeff Raikes, a 26-year veteran of Microsoft, plans to retire later this year and the company announced that it was reaching outside its ranks for his successor.
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Posted: January 11th, 2008, 12:29am EST
The weakest holiday shopping season in five years ended dismally for most retailers, stoking fears that the economy is tipping into a recession.
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Posted: January 11th, 2008, 12:26am EST
As the mortgage mess grows, we are learning more and more about just how sloppy things were in the mortgage-issuing business.