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Switzerland close to deal in U.S. tax dispute: finance minister
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Politics, bribery charges swirl around Ugandan oil
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New Xbox more than a game console for Microsoft
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Google's wearable Glass gadget: cool or creepy?
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LATAM Airlines to resume Argentina flights later Saturday
SANTIAGO (Reuters) - LATAM Airlines Group SA said on Saturday it will resume flights to, from and within Argentina by 1530 GMT after state company Intercargo unilaterally decided on Friday to stop providing services to the carrier. Argentine state company Intercargo manages services for the loading and unloading of luggage on airplanes, the transportation of passengers on buses to terminals, and provides the jet bridge services that connect aircraft to the airport, allowing passengers to embark and disembark. ... Read More »
Bernanke upbeat on innovation outlook in commencement address
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Alpine in talks with FCC on financing: CEO
VIENNA (Reuters) - Alpine, the Austrian unit of Spanish construction group FCC , will hold talks with its owners on how to meet its financing needs and has many options open, Chief Executive Arnold Schiefer said. He was responding to a newspaper report that FCC was worried about Alpine's finances and that Austria's second-biggest construction group had to come up with another 150 million euros ($192 million) this year despite reaching a deal with creditors in March. Alpine lost 450 million euros in 2012 as it began to exit unprofitable projects abroad. ... Read More »
China April housing inflation quickens to two year high
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Exclusive: EU cites Chinese telecoms Huawei and ZTE for trade violations
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Glance: Europe's Key Institutions
Following the chaotic bailout of Cyprus, top European Union officials are saying it's time to rethink how the region manages its crisis — and who should be involved. Read More »
Top officials call to overhaul euro institutions
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Report: Yahoo nearing $1.1B acquisition of Tumblr
NEW YORK (AP) — Yahoo may be on the verge of closing its biggest acquisition during the 10-month reign of CEO Marissa Mayer as she tries to attract more traffic and advertisers to the Internet company's website and mobile applications. Read More »
Caribbean talks conservation on Branson's island
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GM stock rises above $33 for first time in 2 years
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A year after IPO, Facebook aims to be ad colossus
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Photos: Frank Lloyd Wright Homes For Sale
Frank Lloyd Wright may have died in 1959, but his architecture is alive and well. A recent story in the Wall Street Journal revealed the cost to upkeep some of his historic homes may be more than buyers bargain for, but others clamor to invest in history. Read More »
SAC Capital won't fully cooperate with government: letter
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Unemployment falls in 40 US states, rises in 3
WASHINGTON (AP) — Solid hiring helped lower unemployment rates in 40 U.S. states last month, the most since November. The declines show the job market is improving throughout most of the country. Read More »
Gauge of US economy's future health up in April
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Martha Stewart Case Judge Ruling Favors JCP
The judge presiding over the lawsuit against Martha Stewart and J.C. Penney ruled on Friday allowing the sale of Martha Stewart merchandise in J.C. Penney stores. Read More »
Couple Finds $100,000 in Safe Deposit Box
An elderly couple in Brooklyn, N.Y., found a huge pile of cash–what they reckon was $100,000–in cash in a bank's safe deposit box. Joe Valinoti, 82, and his companion, Kathleen Ricigliano, 81, said they opened a safe deposit box account with Sovereign Bank in February.... Read More »
3 Indicted for Millions of Fake Marlboros
Three men were indicted this week for shipping millions of packs of untaxed contraband Marlboro cigarettes that were part of a sting conducted by the FBI. Jia Yongming, Yazhou Wu, and Ricky Le were indicted by the U.S. Attorney's Office on Monday in a U.S.... Read More »
Holy Grail of Books Could Fetch $30M
A rare psalm book from 1640 could fetch between $15 million to $30 million at a Sotheby's auction on Nov. 26 in New York. "It's going to be far and away the most expensive book ever sold," David Redden, vice chairman of Sotheby's auction house,... Read More »
McDonald's Apologizes for Sad Big Mac Ad
McDonald's has apologized for a Big Mac ad that enflamed the fast food giant in a whopper-sized controversy. The ad, a poster placed on Boston mass transit, featured a photo of a seemingly despondent woman with her head buried in her hands next to the... Read More »
Retail Sales Fall, Sending Stocks Down
Retail sales fell by 0.4 percent in March, according to the Commerce Department, the biggest drop in nine months. The major stock market indexes slid on the news. Taxes went up at the beginning of the year for everyone who gets a paycheck and that... Read More »
Photos: Rock Icon's Former Home on Sale
A former home of rock legend Stevie Nicks and silent-movie star Vilma Banky is on sale for $1.625 million. The 4-bedroom home in the Hollywood Hills has a guest apartment, sunset views and spans 3,538-square feet. Nicks purchased the property in the late '70s and recorded numerous demos there, according to Curbed. Banky reportedly lived there after it was built in the late '20s. The home was last purchased in December 2000 for $1.15 million. Read More »
A New Way to Buy Powerball Tickets
Those Californians who missed out on the state's first Powerball drawing on Wednesday, which did not yield a winner, will have another chance at the estimated $60 million jackpot during the second drawing on Saturday. Homebound residents or anybody else who doesn't feel like visiting... Read More »
Investment Scam Hits NFL, NBA Stars
Morning Business Memo… Dozens of current and former NFL and NBA players may have been the victims of an investment scam. FINRA – the Financial Industry Regulatory Authority – filed a cease-and-desist order against Success Trade Securities, alleging the online investment firm ripped off 58... Read More »
Tiger Woods Boosts Masters Prices
With round one of the Masters Golf Tournament underway, tickets for the famous game in Augusta, Ga., are still being sold online today. Though ABC News' Darren Rovell reports prices on web sites like StubHub have dropped to $3,000 to $4,000 today, some badges were... Read More »
Microsoft Falls on PC Shipment Decline
Microsoft Corp. shares took a beating today after Goldman Sachs issued a sell recommendation amid news that PC shipments dropped 14 percent in the first quarter, in part because Windows 8 hasn't caught on. Microsoft fell 5.1 percent to $28.75 at 2:35 p.m. Until today, it had been slightly... Read More » | ||||||||
Monday, May 20, 2013
Business News Headlines - Yahoo! News
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