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MSNBC.com: Business

Warren Buffett buys his hometown newspaper

Posted: November 30th, 2011, 11:00am MST

Warren Buffett's Berkshire Hathaway said Wednesday that it is buying the Omaha World-Herald Co. and expanding the firm's newspaper holdings despite Buffett's misgivings about the industry.
Utah again named the best state for business

Posted: November 29th, 2011, 6:14am MST

Utah repeats this year as Forbes Best State for Business and Careers in our sixth annual look at the business climates of the 50 states.
American Airlines files for bankruptcy reorganization

Posted: November 29th, 2011, 5:23am MST

American Airlines and its parent company AMR Corp. have filed for Chapter 11 bankruptcy reorganization, the company said Tuesday.
Report: Facebook to file IPO between April, June

Posted: November 28th, 2011, 4:27pm MST
Judge rejects $285M SEC-Citigroup settlement

Posted: November 28th, 2011, 10:16am MST

A federal judge in New York has struck down a $285 million settlement that Citigroup reached with the Securities and Exchange Commission, citing a need for truth about the financial markets.
Wall Street pay, bonuses to plummet this year

Posted: November 28th, 2011, 9:55am MST

Annual compensation for financial industry workers firms could dip by 27-30%. The areas that will see the biggest drops include currencies, commodities and bond trading, a study shows.
Fed lent banks trillions during crisis, report says

Posted: November 28th, 2011, 8:36am MST

While the nation's banks were reassuring investors of their stability during the financial crisis, they were also quietly approaching the Fed, hat in hand. The total price tag: $7.77 trillion.
Cyber Monday gives Black Friday a run for its money

Posted: November 28th, 2011, 3:25am MST

Chances are you won't find any of these holidays on your calendar. Yet retailers are coming up with names for just about every day of the week during the holiday shopping season.
'Unhappy customer': 10 hurt after Black Friday melee

Posted: November 25th, 2011, 2:58am MST

An angry woman used pepper spray during a confrontation about shoppers cutting in line as Black Friday crowds mobbed a Wal-Mart in Los Angeles.
Feds eye AT&T request to pull applications

Posted: November 24th, 2011, 3:03pm MST

AT&T said it would take a $4 billion charge in case its takeover of T-Mobile USA fails, reflecting the dwindling chances for the deal seen as job-destroying by powerful political opponents.
The shine is coming off Groupon shares

Posted: November 23rd, 2011, 9:58am MST

Shares of Groupon Inc fall for a third day, sinking below the company's initial public offering price of $20 less than three weeks after the daily deal company went public.

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Get ready to pay more for your mail

Posted: November 22nd, 2011, 3:50pm MST

The cash-strapped U.S. Postal Service is raising rates for its more profitable express mail and priority mail shipping next year, part of its efforts to stave off bankruptcy.
Merck to pay nearly $1 billion over Vioxx

Posted: November 22nd, 2011, 1:57pm MST

Merck & Co will pay roughly $950 million to settle criminal and civil charges that it promoted the painkiller drug Vioxx for an unapproved use, the DOJ said on Tuesday.
Netflix short on cash, long on problems

Posted: November 22nd, 2011, 1:05pm MST

Netflix, the embattled DVD rental and content streaming company, has found itself on hard times again.
Office holiday parties 2011: Tamer, less booze

Posted: November 22nd, 2011, 5:25am MST

The company holiday party is slowly returning, but its new incarnation reflects the lingering effects of the recession on corporate America: This year's parties are more casual, less boozy.
States aim to close roll-your-own loophole

Posted: November 21st, 2011, 1:37pm MST

New York City's Island Smokes is one of a growing number around the country that have come under fire for high-speed cigarette rolling machines that function as miniature factories.
Tiger Woods and his new endorsement strategy

Posted: November 21st, 2011, 12:34pm MST

Tiger Woods, who has been in a two-year slump on and off the course, says his golf game is getting better. Can he win back some big corporate sponsors?
Missing millions at MF may be double initally thought

Posted: November 21st, 2011, 11:20am MST

More than $1.2 billion of customers' funds may be missing from the accounts of a brokerage formerly run by ex-N.J. Governor Jon Corzine, double the previous estimates.
Gates takes stand in suit against Microsoft

Posted: November 21st, 2011, 9:52am MST

Microsoft Chairman Bill Gates took the witness stand Monday in a case that accuses Microsoft of duping its competitor prior to the rollout of its Windows 95 operating system.
Former AIG chief sues US for $25 billion

Posted: November 21st, 2011, 9:06am MST

Former American International Group CEO Maurice "Hank" Greenberg thinks he got a raw deal, and he wants the government to pay up.
Financier Theodore Forstmann dies

Posted: November 20th, 2011, 2:20pm MST

Theodore J. Forstmann, a longtime Wall Street financier who was a major player during the wave of corporate takeovers in the 1980s, including the battle for RJR Nabisco in 1988, died Sunday at the age of 71.
Former P&G CEO John Smale dies at 84

Posted: November 19th, 2011, 11:28am MST

Former Procter & Gamble Co. chief executive and chairman John G. Smale, who expanded the consumer products maker with a major acquisition and a push into China and other emerging markets overseas, died Saturday. He was 84.