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MSNBC.com: Business
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Madoff sons, brother may face charges
Posted: April 30th, 2010, 12:07pm MDT
Federal authorities will charge at least two employees from disgraced financier Bernard Madoff's former firm in the coming weeks — and Madoff's brother and two sons could be next.
Bernard Madoff - Business - United States - Fraud - Irving Picard
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Posted: April 30th, 2010, 12:07pm MDT
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Lehman CEO may have made $500 million
Posted: April 30th, 2010, 10:18am MDT
Former Lehman Bros. CEO Dick Fuld made close to $500 million in his career at the failed brokerage rather than the $310 million he claimed, a whistleblower says.
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Rig explosion dirties BP's green image
Posted: April 30th, 2010, 7:06am MDT
BP brands itself a friend of the environment. That image is being sullied by its inability to contain a massive oil spill in the Gulf of Mexico.
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Prosecutors look into Goldman actions - WSJ
Posted: April 29th, 2010, 6:29pm MDT
Shares of Goldman Sachs Group Inc. plunged 9 percent Friday after word that the Justice Department had opened a criminal investigation of the Wall Street powerhouse.
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Lehman CEO may have made $500 million
Posted: April 29th, 2010, 4:15pm MDT
Former Lehman Bros. CEO Dick Fuld made close to $500 million in his career at the failed brokerage rather than the $310 million he claimed, a whistleblower says.
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Record attendance likely for Berkshire meeting
Posted: April 29th, 2010, 3:15pm MDT
The throng of people attending Berkshire Hathaway's annual meeting on Saturday will surely grow again this year in the wake of the company's first stock split.
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Continental and United to reportedly merge
Posted: April 29th, 2010, 3:13pm MDT
People familiar with the situation tell The AP United Airlines and Continental Airlines are moving closer to announcing as early as Monday that they will combine.
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NY Post: Goldman to settle SEC fraud case
Posted: April 29th, 2010, 11:11am MDT
Goldman Sachs may soon settle its fraud case with the U.S. regulator, the New York Post reported on Thursday, opting to end a legal fight rather than endure a repeat of the public flogging it received this week.
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Post office releasing shelter animal stamps
Posted: April 29th, 2010, 11:00am MDT
The post office is holding out a friendly paw to dogs, and cats too.
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Leaking oil threatens Gulf Coast delicacy
Posted: April 29th, 2010, 6:51am MDT
No shortage of Gulf Coast oysters or shrimp yet, but a growing oil slick threatens Louisiana's delicate, seafood-abundant coastline.
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Americans put their trust in these companies
Posted: April 29th, 2010, 5:18am MDT
No company wants its public image to be the reason it has a hard time rebounding from the recession.
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Hewlett-Packard to acquire Palm for $1.2B
Posted: April 28th, 2010, 2:19pm MDT
Palm Inc. a pioneer in the smart phone business that couldn't quite make the comeback it needed, has agreed to be bought out by Hewlett-Packard Co. for about $1.4 billion in cash.
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Rosy earnings show corporate America is back
Posted: April 28th, 2010, 1:54pm MDT
Companies that do everything from making appliances to selling cruises are reporting strong first-quarter profits — not due to layoffs but because people are spending more.
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Newsweek: Repeated failure a Democratic strategy?
Posted: April 28th, 2010, 12:43pm MDT
Passing financial reform might be good for Democrats, but voters in November will still be suffering from high unemployment. So being able to blame Republicans for blocking it would be just as good, if not better. And if Republicans block until they ultimately cave, it’s a win all around for the Dems.
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Democrats taking a third run at banking rules
Posted: April 28th, 2010, 6:53am MDT
Republicans have dropped their objections to Democratic efforts to begin debate on a sweeping overhaul of financial regulations.
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Hundreds of suppliers, one Boeing 737
Posted: April 28th, 2010, 5:49am MDT
Boeing's main job as an airplane maker is to be a master in getting all the parts in the right place at the right time. '“We can’t be experts in everything," one executive says.
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Goldman's defense? We're misunderstood
Posted: April 27th, 2010, 1:19pm MDT
As Congress squares off on a broad package of new rules for Wall Street to play by, Wall Street giant Goldman Sachs is gamely defending its role in the financial meltdown.
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Posted: April 27th, 2010, 1:19pm MDT
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Drug maker AstraZeneca to pay $520 million
Posted: April 27th, 2010, 12:11pm MDT
Attorney General Eric Holder says the federal government has reached a $520 million settlement with pharmaceutical manufacturer AstraZeneca, resolving allegations surrounding the company's antipsychotic drug Seroquel.
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Peanuts gang gets a new owner
Posted: April 27th, 2010, 6:54am MDT
You've got a new owner, Charlie Brown. Scripps is selling the unit that owns the rights to Snoopy, Charlie Brown and the rest of the Peanuts gang for $175 million to Iconix Brand.
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Goldman CEO, ‘Fabulous Fab’ facing Congress
Posted: April 27th, 2010, 3:05am MDT
Lloyd Blankfein and other Goldman Sachs executives were lambasted by lawmakers for "unbridled greed" in an often-electric daylong showdown between Wall Street and Congress.
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Senator: Goldman is ‘misleading the country’
Posted: April 26th, 2010, 4:52pm MDT
Goldman Sachs developed a strategy to profit from the housing meltdown and reaped billions at the expense of clients, a Senate investigation has found.
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Goldman Sachs chastened? Don't bet on it
Posted: April 26th, 2010, 3:06pm MDT
Goldman knows how to make money and how to defend those methods in court. What it hasn't been very good at is getting the world to see it the way it sees itself.
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Post office wants advice on stopping red ink
Posted: April 26th, 2010, 1:42pm MDT
The post office is facing billions of dollars in losses and is considering a variety of ways to cut costs.
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Treasury to begin selling off Citigroup stock
Posted: April 26th, 2010, 11:22am MDT
The Treasury said Monday that it plans to sell up to 1.5 billion shares of Citigroup stock, its latest move to unwind the support it provided big banks during the financial crisis.
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Huffington Post to mark 5th anniversary
Posted: April 26th, 2010, 10:40am MDT
The Huffington Post will soon turn 5 — veritable old-age in Internet years.
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E-mails suggest Goldman trader was conflicted
Posted: April 26th, 2010, 8:51am MDT
Fabrice Tourre's e-mails to his girlfriend written through his Goldman Sachs account are now part of one of the biggest investigations into the subsequent financial crisis.
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U.S. newspaper circulation drops 8.7 percent
Posted: April 26th, 2010, 8:51am MDT
Figures released by the Audit Bureau of Circulations show average weekday circulation fell 8.7 percent in the six months that ended March 31, compared with the same period a year earlier.
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Goldman chastened? Don't bet on it
Posted: April 26th, 2010, 5:43am MDT
Goldman knows how to make money and how to defend those methods in court. What it hasn't been very good at is getting the world to see it the way it sees itself.
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10 things to know about the Goldman case
Posted: April 25th, 2010, 8:29pm MDT
Do you think the SEC's case against Goldman Sachs is weak? Perhaps you were misinformed by the media. Here are 10 things you should know.
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Dodd accepts ban on bank derivatives business
Posted: April 25th, 2010, 5:14pm MDT
Senate Republicans on Tuesday floated their first counterproposal to rewrite financial regulations after blocking a more sweeping Democratic plan for a second straight day.
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Wall St. Journal opens up NYC newspaper war
Posted: April 25th, 2010, 12:54pm MDT
The Wall Street Journal is offering some businesses firesale prices for full-page ads in its highly anticipated New York edition to seduce advertisers away from The New York Times.
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Goldman releases e-mails to build its defense
Posted: April 25th, 2010, 11:59am MDT
Goldman Sachs Group Inc. released that e-mail and 25 other internal documents Saturday in response to a Senate panel's release of messages.
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NYC sandwich-board job hunter finds work
Posted: April 25th, 2010, 11:28am MDT
When laid-off toy company executive Paul Nawrocki hit the streets of Manhattan wearing a sandwich board and handing out his resume, he became the face of the recession.
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Sponsored By:
Posted: April 25th, 2010, 11:28am MDT
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Goldman e-mails: ‘Serious money’ to be made
Posted: April 24th, 2010, 9:53am MDT
Goldman Sachs officials discussed making "serious money" in 2007 off the subprime crisis as mortgages were starting to falter in rapid numbers, according to e-mails released by a Senate panel.
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Goldman's CEO and board are named in lawsuit
Posted: April 23rd, 2010, 5:11pm MDT
Goldman Sachs's CEO and other top officers are accused in a pair of shareholder lawsuits of lax oversight in deals involving risky mortage-backed securities that later went bad.
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AMR CEO 2009 compensation slipped to $4.7 million
Posted: April 23rd, 2010, 3:46pm MDT
The chief executive of American Airlines parent AMR Corp. got compensation valued at $4.7 million last year, down 7.7 percent from 2008, according to an Associated Press analysis of a regulatory filing made Friday.
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Tax evader who blamed Holocaust gets 10 months
Posted: April 23rd, 2010, 1:51pm MDT
A tax evader was sentenced Friday to 10 months in federal prison after claiming his Jewish parents' experience fleeing the Nazi Holocaust drove him to compulsively hide more than $10 million in secret accounts at Swiss bank UBS AG and other offshore tax havens.
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‘Green’ business more than just marketing
Posted: April 23rd, 2010, 12:30pm MDT
Going green has become good business. Environmentalists say the drivers of American consumer culture are starting to make real strides.
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‘Green’ business more than just marketing
Posted: April 23rd, 2010, 12:30pm MDT
Going green has become good business. Environmentalists say the drivers of American consumer culture are starting to make real strides.
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Cullen tops list of richest fictional characters
Posted: April 23rd, 2010, 5:42am MDT
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theGrio: 'Trickle-down' reform overlooks blacks
Posted: April 22nd, 2010, 11:27am MDT
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US Airways, United break off deal talks
Posted: April 22nd, 2010, 9:22am MDT
US Airways Group Inc. said Thursday it has ended talks with United Airlines about a combination, preferring to remain a standalone carrier for now.
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CenturyTel to buy Qwest in $10.6B stock swap
Posted: April 22nd, 2010, 8:15am MDT
CenturyTel Inc., the country's fifth-largest local-phone company, says it will buy Qwest Communications International Inc., the third-largest.
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Calling for reform, Obama warns of more crises
Posted: April 22nd, 2010, 4:48am MDT
President Barack Obama rebuked Wall Street for risky practices Thursday even as he sought its leaders' help for "updated, commonsense" regulations to head off any new financial crisis.
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Goldman CEO to testify at Senate, source says
Posted: April 21st, 2010, 6:28pm MDT
Goldman Sachs is taking its fight against a government civil fraud case to Capitol Hill.
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Lane Bryant says cleavage led to canceled ad
Posted: April 21st, 2010, 5:26pm MDT
Lane Bryant is up in arms that two networks — Fox and ABC — have resisted airing a sexy lingerie ad featuring busty, plus-sized models.
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Wall Street’s high profile defender: NYC mayor
Posted: April 21st, 2010, 3:10pm MDT
As Congress debates sweeping legislation aimed at guarding against another financial meltdown, Mayor Michael Bloomberg has become Wall Street's spokesman and defender.
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Obama: SEC didn’t consult on Goldman Sachs
Posted: April 21st, 2010, 1:26pm MDT
President Obama on Wednesday said "categorically" the SEC never discussed fraud charges against Goldman Sachs with the White House in advance.
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Sponsored By:
Posted: April 21st, 2010, 1:26pm MDT
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Madonna stands to profit from ‘Glee’ episode
Posted: April 20th, 2010, 2:48pm MDT
If everyone hits the notes they're supposed to, Tuesday’s Madonna-themed episode of “Glee” is going to leave the Material Girl very, very happy.
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New York City’s doormen threaten to strike
Posted: April 20th, 2010, 2:20pm MDT
The union that represents New York City doormen agreed on a new labor contract, averting a strike that could have compelled the city's most privileged to take out their own trash.
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Schwab settles lawsuit for $200 million
Posted: April 20th, 2010, 1:39pm MDT
Charles Schwab Corp. agreed to pay $200 million to settle a federal class-action lawsuit targeting its money-losing YieldPlus mutual fund, erasing nearly all of its first quarter profit.
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Goldman: Bank wouldn't ‘intentionally mislead’
Posted: April 20th, 2010, 8:45am MDT
Goldman Sachs executives asserted the bank would "never intentionally mislead anyone" as it defended itself on Tuesday against government civil fraud charges.
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Reality TV stars that cashed in on 15 minutes
Posted: April 20th, 2010, 6:01am MDT
Today the rags-to-reality-star fairy tale is all too common.
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Goldman Sachs earnings double to $3.3 billion
Posted: April 20th, 2010, 5:35am MDT
Goldman Sachs says its first-quarter earnings almost doubled to $3.3 billion as its trading business again surpassed the rest of the financial industry.
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FDA takes aim at salt content
Posted: April 20th, 2010, 2:55am MDT
The Food and Drug Administration is planning an unprecedented effort to gradually reduce the salt consumed by Americans, saying that less sodium would prevent deaths.
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FDA takes aim at salt content
Posted: April 20th, 2010, 2:55am MDT
The Food and Drug Administration is planning an unprecedented effort to gradually reduce the salt consumed by Americans, saying that less sodium would prevent deaths.
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Goldman may not be end of SEC investigation
Posted: April 19th, 2010, 4:37pm MDT
Goldman Sachs stepped up its defense against civil fraud charges Monday. But a big question was: Will other big investment banks face similar charges?
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Yum secures Louisville arena naming rights
Posted: April 19th, 2010, 10:52am MDT
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Two Microsoft China plants break labor laws
Posted: April 19th, 2010, 10:05am MDT
Two factories that make Microsoft Corp. products in southern China violated overtime regulations and failed to properly register the use of teen workers, a monitoring group said.
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Obama stepping up push for financial reform
Posted: April 19th, 2010, 9:53am MDT
Goldman Sachs faced rising regulatory and legal pressure on Monday as allegations that the bank duped clients fueled momentum for regulatory reform on both sides of the Atlantic.
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Goldman may be pursued by Germany, UK
Posted: April 19th, 2010, 6:55am MDT
Goldman Sachs may face legal action from German bank IKB and could be pursued by regulators in Germany and Britain after the U.S. investment bank was accused of duping clients.
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Guilty or not, Goldman’s reputation takes a hit
Posted: April 18th, 2010, 4:12pm MDT
While Goldman Sachs contends with the government's civil fraud charges, an equally serious problem looms: a damaged reputation that may cost it clients.
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Goldman case is likely tip of the legal iceberg
Posted: April 18th, 2010, 11:03am MDT
The fraud charges against Goldman Sachs & Co. that rocked financial markets Friday are no slam dunk, as hazy evidence and strategic pitfalls could easily trip up government lawyers.
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Sponsored By:
Posted: April 18th, 2010, 11:03am MDT
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Housing has these ten cities in a free fall
Posted: April 18th, 2010, 10:31am MDT
Miami boasts a popular South Beach club scene, Art Deco Architecture, and perhaps the best Cuban food in the country. But residents don't have much else to celebrate.
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Obama: I'll veto bill without derivatives curbs
Posted: April 16th, 2010, 12:33pm MDT
President Barack vowed Friday to veto a financial overhaul bill that doesn't regulate the eclectic derivatives market, even as Senate Republicans lined up en mass against it.
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Newsweek: At Goldman, all clients not equal
Posted: April 16th, 2010, 12:32pm MDT
Goldman is just a puppet whose strings are pulled by all-powerful clients. But on Wall Street there is a thin line between clients and easy marks. And Goldman has been accused of not always acting in the best interest of its clients.
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Pay czar: Fewer bailed-out execs getting big pay
Posted: April 16th, 2010, 11:33am MDT
The Obama administration's pay czar issues rulings for a second tier of top earners at bailed-out companies and says far fewer were getting big cash salaries this year than last.
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U.S. charges Goldman Sachs with civil fraud
Posted: April 16th, 2010, 10:26am MDT
Goldman Sachs was charged with fraud by the Securities and Exchange Commission over its marketing of a debt product tied to subprime mortgages that was designed to fail.
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Senator: Lax regulators helped doom WaMu
Posted: April 16th, 2010, 9:02am MDT
The chairman of a Senate panel is blasting federal bank regulators who ignored mounting risk at Washington Mutual and then fought among themselves as the bank collapsed in 2008.
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Make the logo bigger: 10 rebranding disasters
Posted: April 16th, 2010, 5:46am MDT
A brand identity, name, and logo is a company's public face. So you'd think companies would be really careful in figuring out how to revamp that image.
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New Balance sidesteps FTC ad rules
Posted: April 16th, 2010, 5:26am MDT
Fifteen years after a contentious debate over what it means to be Made in the USA. New Balance continues to sidestep the federal standard that governs the advertising claim.
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Microsoft to investigate child labor accusations
Posted: April 15th, 2010, 5:01pm MDT
Microsoft says it will investigate reports of poor working conditions at a factory in southern China that makes some of its products.
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Report: Continental, United in deal talks
Posted: April 15th, 2010, 1:13pm MDT
Shares of Continental Airlines and the parent of United Airlines rose Thursday after reports that the carriers are talking about combining to create the world's largest carrier.
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Official questions need to stop Saturday mail
Posted: April 15th, 2010, 11:57am MDT
The head of the agency regulating the post office is questioning the need to eliminate Saturday delivery — even as the postmaster general urges lawmakers to approve that plan.
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Firm of ex-Obama aide settles NY corruption probe
Posted: April 15th, 2010, 10:27am MDT
An investment firm founded by President Obama's former car czar, Steven Rattner, has agreed to pay $12 million to resolve allegations that it paid kickbacks to drum up business from New York's giant government pension fund.
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Obama orders mine safety review
Posted: April 15th, 2010, 9:08am MDT
President Obama says the government is launching a sweeping review of mines across the country with "troubling safety records" and will get inspectors onto those sites quickly.
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Victoria’s Secret models succeed off the runway
Posted: April 15th, 2010, 5:51am MDT
Everybody knows their faces, their bodies, their names. A notable few have gone on to media or entrepreneurial careers with astonishing success.
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Last sardine plant in U.S. shuts its doors
Posted: April 14th, 2010, 1:49pm MDT
A deal is close to save the plant that was the nation's last sardine cannery and use it to process lobsters and other types of seafood, the Maine governor's office said Thursday.
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Sponsored By:
Posted: April 14th, 2010, 1:49pm MDT
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Obama turns up pressure on financial reform
Posted: April 14th, 2010, 7:47am MDT
President Barack Obama took issue Wednesday with Republican efforts to characterize his proposed overhaul of financial regulation as a bailout bill.
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Wall Street ramps up hiring as profits rebound
Posted: April 14th, 2010, 7:14am MDT
Wall Street is hiring again. The hiring rebound is modest, though, and has yet to show up in government data.
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Trump Resorts 4.0: Less debt, more Ivanka
Posted: April 13th, 2010, 2:27pm MDT
About to leave its third bankruptcy behind, Trump Entertainment Resorts has a simple formula for the future in the Atlantic City casino market: less debt, more cash and more Ivanka.
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Trump Entertainment 4.0: Less debt, more Ivanka
Posted: April 13th, 2010, 1:55pm MDT
About to leave its third bankruptcy behind, Trump Entertainment Resorts has a simple formula for the future in the cutthroat Atlantic City casino market: less debt, more cash and more Ivanka.
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Avon suspends 4 executives in probe
Posted: April 13th, 2010, 8:19am MDT
Beauty products seller Avon Products Inc. said Tuesday it put four executives on administrative leave, as part of an investigation of bribery allegations that started in China.
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Congress to grill top ex-WaMu executives
Posted: April 13th, 2010, 7:28am MDT
The former CEO of Washington Mutual, the biggest U.S. bank ever to fail, on Tuesday defended the bank's actions to reduce risks from the looming housing bust.
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Why the economy needs more stimulus
Posted: April 13th, 2010, 5:42am MDT
The worst thing about a recent uptick in hiring is that it could undermine a fresh wave of federal stimulus spending that may be needed to stave off a "double dip" recession.
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Federal deficit slashed by 8 percent, say officials
Posted: April 13th, 2010, 3:57am MDT
The federal deficit was down 8 percent for the first half of fiscal 2010 over the same period a year ago, Obama administration officials say.
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Java creator quits Oracle after Sun acquisition
Posted: April 12th, 2010, 11:41am MDT
James Gosling, creator of the Java computer language and one of the most prominent employees in Oracle Corp's newly acquired Sun Microsystems, has resigned from Oracle.
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How Glenn Beck Inc. earns millions annually
Posted: April 11th, 2010, 10:46am MDT
"We're an entertainment company," Glenn Beck says. As proof, he has managed to monetize virtually everything that comes out of his mouth.
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Parodies proliferate of Woods’ Nike ad
Posted: April 9th, 2010, 3:35pm MDT
Few ads in the history of advertising have been riper for parody than Nike's new Tiger Woods ad, with the voice of the golfer's late father seemingly admonishing him for his transgressions.
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North Face, South Butt settle lawsuit
Posted: April 9th, 2010, 3:14pm MDT
The North Face Apparel Corp. has settled its lawsuit against The South Butt, a Missouri teenager's company that marketed clothing that parodied the outdoor clothing giant.
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Ex-Fannie CEO apologizes, faults business model
Posted: April 9th, 2010, 11:06am MDT
The former chief of Fannie Mae, the giant firm that dominates America's deeply troubled housing finance system, apologized and accepted responsibility on Friday for its failings.
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Ex-Fannie CEO apologizes, faults business model
Posted: April 9th, 2010, 9:07am MDT
The former chief of Fannie Mae, the top U.S. mortgage finance company whose purchase of risky home loans led to a massive government bailout, on Friday apologized for the company's failings and shouldered the blame.
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Massey to up output at other mines after blast
Posted: April 9th, 2010, 6:59am MDT
Massey Energy, owner of the coal mine where at least 25 workers died in a blast this week, said it was working to increase production at its other mines to make up for lost output.
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Sponsored By:
Posted: April 9th, 2010, 6:59am MDT
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Ex-Polaroid tycoon gets 50 years in Ponzi fraud
Posted: April 8th, 2010, 10:00am MDT
A federal judge sentenced fallen Minnesota tycoon Tom Petters to 50 years in prison on Thursday for orchestrating a $3.65 billion Ponzi scheme.
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Tiger’s sponsorship ‘comeback’ is impossible
Posted: April 8th, 2010, 5:51am MDT
Tiger Woods will confront two major questions at the Masters: Can he still compete at the highest level? And will he be the endorsement bonanza he was before?
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Report: U.S. Airways in talks to buy United
Posted: April 7th, 2010, 5:13pm MDT
U.S. Airways and UAL Corp's United Airlines are deep in merger discussions, the New York Times reported on Wednesday.
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Nike to air new TV commercial featuring Tiger
Posted: April 7th, 2010, 2:12pm MDT
Nike will air a TV commercial Wednesday featuring Tiger Woods and the voice of his late father, an edgy move that calls out his personal problems on the eve of his return to golf.
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Shareholders are revolting, but not in that way
Posted: April 7th, 2010, 12:33pm MDT
For those who would lead an army of these misused investors, a word of warning: You may have fewer legions to back you up than you might think.
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Goldman Sachs denies betting against clients
Posted: April 7th, 2010, 11:13am MDT
Goldman Sachs issued a spirited defense in its annual shareholder letter against allegations it had benefited unduly from government help and bet against its own clients.
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Greenspan: Fed policy not to blame for crisis
Posted: April 7th, 2010, 8:58am MDT
The Fed's policy of keeping interest rates low did not encourage risky lending that led to the financial crisis, former Fed Chairman Greenspan told a panel probing the meltdown.
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Cabbage Patch magnate buys Madoff's pad
Posted: April 7th, 2010, 7:42am MDT
The businessman behind Cabbage Patch dolls and his wife have snatched up Bernard Madoff's Upper East Side penthouse.
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Citi execs may be in for surprises at crisis probe
Posted: April 7th, 2010, 6:18am MDT
The Fed's policy of keeping interest rates low did not encourage risky lending that led to the financial crisis, former Fed Chairman Greenspan told a panel probing the meltdown.
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Business software maker CA to cut 1,000 jobs
Posted: April 6th, 2010, 8:44am MDT
Business software company CA Inc. said Tuesday that it's cutting 1,000 jobs — or about 8 percent of its work force — and consolidating offices as part of a restructuring plan to reduce costs and become more efficient.
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Msnbc honored for business coverage
Posted: April 5th, 2010, 4:31pm MDT
Msnbc honored for business coverage -
Sponsors hope Tiger returns with marketing roar
Posted: April 5th, 2010, 6:05am MDT
Sponsors who stuck by Tiger Woods are ramping up to profit from his return to the golf course. The big question is whether his tarnished image can work anything close to its old magic.
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Apple, Microsoft: A war between frumpy, fresh
Posted: April 5th, 2010, 5:47am MDT
The tech titans are still brushing off their confetti and digesting their cake after a pair of weekend milestones. Microsoft marked its 35th birthday Sunday. Apple unwrapped its iPad.
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Recession is sending water bills up for many
Posted: April 4th, 2010, 12:19pm MDT
The grim economy is hitting some consumers in the wallet in yet another way: their water bills.
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Average CEO pay down to $9.53 million in ’09
Posted: April 4th, 2010, 11:20am MDT
The average compensation for chief executives at the largest publicly traded U.S. companies fell 15 percent last year to $9.53 million, the New York Times said on Sunday.
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Sponsored By:
Posted: April 4th, 2010, 11:20am MDT
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5 dead, 2 hurt in blast, fire at Wash. refinery
Posted: April 3rd, 2010, 2:17am MDT
Investigators launched an inquiry into a deadly Washington state oil refinery blast as families hoped for the best Saturday for two employees who suffered severe burns over most of their bodies.
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Facebook snaps up photo sharing site Divvyshot
Posted: April 2nd, 2010, 4:30pm MDT
Facebook has acquired a startup called Divvyshot to create more ways for its 400 million users to share their photos online.
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Health bill for firms: Big tax or closed loophole?
Posted: April 2nd, 2010, 2:04pm MDT
As more companies warn about multimillion-dollar charges related to the Obama administration's health care bill, experts say the one-time hit simply curbs a giveaway.
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Homes with Chinese drywall must be gutted
Posted: April 2nd, 2010, 12:02pm MDT
Thousands of U.S. homes tainted by Chinese drywall should be gutted, according to new guidelines released Friday by the Consumer Product Safety Commission.
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Job creation expected in March as recovery builds
Posted: April 1st, 2010, 10:44pm MDT
The economy is likely to have added jobs last month for only the second time since the recession began 27 months ago.
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Amazon, publishers in new e-book price deals
Posted: April 1st, 2010, 1:08pm MDT
Amazon has reached new agreements with some publishers that had been fed up with the low prices Amazon charges for electronic books that go with its Kindle e-reader.
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Topeka search for Plenta ... guess what day it is
Posted: April 1st, 2010, 11:37am MDT
Google, Starbucks and YouTube are three of the many companies getting into the spirit of April Fools' Day.
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Obama to tout health bill’s business benefits
Posted: April 1st, 2010, 9:20am MDT
President Barack Obama urged Americans not to judge the nearly $1 trillion legislation he signed into law last week until the reforms take hold.
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Made in America? Not the ones you’d think
Posted: April 1st, 2010, 6:00am MDT
Hundreds of msnbc.com readers told us about their favorite "made in USA" products. Here's a look at some top picks, plus whether they are, in fact, still made in America.
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For 1st time in 20 years, exec pay slumps again
Posted: April 1st, 2010, 3:28am MDT
Top company bosses saw their pay decline further in 2009, the first time in two decades that it has fallen for two consecutive years, according to a new analysis.
