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Christopher J. Russo founded Fantasy Sports Ventures Inc., a leader in the fantasy sports field.
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A week into a federal auction for wireless licenses, Google found itself at risk of being the winning bidder for the coveted spectrum.
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Europe’s finance ministers are expected to agree to guidelines for handling cross-border banking failures that will favor private-sector rescues where possible.
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As credit problems concentrated in mortgages spread, more Americans have fallen behind on consumer loans than at any time in nearly 16 years, according to the American Bankers Association.
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The write-down announced by BayernLB is double its previous estimate, more evidence that the contagion from the tight credit market continues to spread to state-owned banks.
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Treasury Secretary Henry M. Paulson Jr. ended a two-day visit by calling for China to move ahead on financial market changes, despite concerns about the downturn in the United States.
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Russia’s Interior Ministry said that it had brought no tax evasion charges against William F. Browder, the head of the investment fund, Hermitage Capital Management.
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Market opportunists are buying up the mortgages of hard-pressed homeowners and companies.
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Americans are more dissatisfied with the country’s direction than at any time since the New York Times/CBS News poll began asking about the subject in the early 1990s.
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A Chinese public fund has been gradually building a stake in the French oil major Total since before the end of 2007, the company confirmed Thursday.
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Posted: April 4th, 2008, 3:37am EDT
Robert U. Brown spent four decades heading a leading newspaper industry trade publication, Editor & Publisher.
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A former Starbucks barista accuses the company of cheating thousands of baristas in New York State by giving a share of their tips to shift supervisors.
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Bear Stearns never ran short of capital. It just could not meet its obligations. At least that is the view from Washington.
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At Ritual Coffee Roasters, a cafe in San Francisco’s Mission District, the aesthetic is early socialist but the clientele are latter-day capitalist.
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The F.A.A. may know considerably less about the state of airline safety than it claims, a parade of witnesses and lawmakers said at a Congressional hearing on Thursday.
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Federal officials and senior Wall Street executives offered their first public account on Thursday of the harrowing four days of negotiations.
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Senate hearings got underway on Thursday over the role of the government in Bear Stearns’s collapse.
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In a victory for the tobacco industry, a federal appeals court threw out on Thursday an $800 billion class-action lawsuit on behalf of smokers who said they had been misled that light cigarettes were safer than regular ones.
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Three of the music industry’s four major companies have struck a deal with the social networking site MySpace to start a music Web site.
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Ford’s marketing campaign is recruiting Ford owners to invite friends, relatives, neighbors and co-workers into their homes this weekend and talk up their cars.
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The pension fund giant said Thursday that it had named Roger W. Ferguson Jr. as its chief executive and president.
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Stocks managed a modest gain on Thursday, as Wall Street moved cautiously before Friday’s jobs report, hopeful that the global financial system is on the mend.
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The Senate on Thursday rejected a proposal to let bankruptcy judges modify mortgages on primary residences to help financially distressed homeowners.
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ATA Airlines shut operations and stranded thousands of travelers Thursday when an unexpected loss of charter flights and fuel costs forced the carrier into bankruptcy.
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The new unit will also try to eliminate the costly practice of allowing booksellers to return unsold copies.
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Touch screens, the mobile Internet and devices packed with multimedia capabilities dominated the discussion this week at CTIA Wireless 2008.
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The number of people signing up for unemployment benefits shot up last week to the highest level in more than two years.
