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MIAMI (AP) - A senior executive with Swiss banking giant UBS AG was charged in a federal indictment unsealed Wednesday with conspiring to hide $20 billion in assets from the Internal Revenue Service using secret overseas accounts for thousands of ...
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By Martinne Geller NEW YORK, Nov 12 (Reuters) - Anheuser-Busch Cos Inc shareholders overwhelmingly approved on Wednesday the proposed $52 billion takeover by Belgian rival InBev NV, leaving the blessing of federal regulators as the only remaining ...
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By Jeff Bliss Nov. 12 (Bloomberg) -- LG Display Co., Chunghwa Picture Tubes and Sharp Corp. have agreed to plead guilty and pay $585 million in criminal fines for conspiring to fix prices of liquid crystal display panels, the US Justice Department ...
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By James Pilcher, The Cincinnati Enquirer Delta Air Lines plans to cut 12% of its flying out of the Cincinnati/Northern Kentucky International Airport in January, but says it is restructuring the hub here to make it more profitable and therefore ...
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NEW YORK--Morgan Stanley (MS) announced plans to cut 10% of staff in its institutional securities unit, its main business, and 9% in asset management as it copes with a deteriorating economy, disrupted capital markets and falling asset values.
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AFP - Bleak corporate results worldwide and grim news that Germany and Britain face recession raised pressure on world leaders Wednesday ahead of an economic crisis summit as Washington shifted the focus of its financial rescue.
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By Ilaina Jonas NEW YORK (Reuters) - General Growth Properties Inc GGP.N shares fell 64 percent on Tuesday after the second-largest US mall owner expressed doubts it could keep operating due to looming near-term debt.
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Best Buy Co. Inc. cut its outlook for the rest of fiscal 2009 in the face of what Vice Chairman and CEO Brad Anderson called, “the most difficult climate we’ve ever seen.
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By LOUISE STORY WASHINGTON - It sounds simple in principle: find troubled homeowners, change their mortgages and help them keep their houses.
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By Mark Shenk Nov. 12 (Bloomberg) -- Crude oil fell to the lowest since March 2007 on speculation that the International Energy Agency will cut its global demand estimate tomorrow and the US will report that stockpiles gained.
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