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Yearning to Put Papers Back in Local Hands
Increasingly, investors want their hometown dailies free of absentee corporate owners.
Trade talks in 'crisis situation'
WTO boss Pascal Lamy says hopes for a new deal are in crisis after the latest global trade talks end in failure.
New era begins at EADS
Reuters - A new French executive team starts work
at Airbus parent group EADS on Monday after the European
aerospace group forced out two top executives blamed for a
two-week crisis over aircraft production blunders.
Ambitions Worthy of a Boom
An initial public offering of DLF Universal, India's largest builder, would make it worth more than General Motors.
Bank of China floats in Shanghai
Shares in Bank of China, the nation's number two lender, soar 30% as they debut on the Shanghai stock market.
Looking to Take On Apple's iPod, Microsoft Plans Its Own Hand-Held Player
Microsoft's digital device would be equipped with wireless Internet capability that would allow users to download music without being connected to a PC.
Advertising: Manischewitz Wants to Move to a Mainstream Aisle
Several marketers are trying to take advantage of surging demand for kosher foods among all shoppers.
Impersonator Obtained Shareholder Data
Automatic Data Processing said it gave out lists of shareholders in various companies to an 'unauthorized party.'
Enron trial decision under fire
Opposition leaders criticise the decision not to allow a UK trial for three bankers wanted in the US.
Australia's Centro Properties to buy Heritage
Reuters - U.S. real estate investment trust
Heritage Property Investment Trust, Inc. said on Sunday
it had agreed to be bought by Australia's Centro Properties
Group for around $1.7 billion.
Airlines Give Some Thought to Food for the Health-Conscious
Several international carriers recently began sharing nutritional information for their menu items and offering lighter alternatives.
Market Place: U.S. Finance Pulls Biotech Across Seas
Some European biotechnology companies consider their science second to none, while conceding the superiority of American financial markets.
Some Leeway for the Small Shoplifter
In a rare display of limited permissiveness, Wal-Mart is letting thieves off the hook in cases involving $25 or less.
Central Bank Raises Rates in Japan
The Bank of Japan raised interest rates for the first time in six years in an important test of its ability to manage the economy.
Carmakers Plan a Study of a 3-Way Alliance
The American, French and Japanese companies said the review would take approximately 90 days.
Chile head appoints new ministers
Chile's President Bachelet brings in three new ministers, including a new face to run the country's economy.
Hospital Chiefs Get Paid for Advice on Selling to Hospitals
Companies are paying executives at some of America’s leading nonprofit hospitals to talk privately with providers of hospital supplies and services.
Arrest Made in Crackdown on Internet Betting
U.S. prosecutors said they were pressing charges against the chief executive of BetOnSports, a prominent Internet gambling company.
Disney Studio to Be Revamped, With 650 Jobs Cut
Nina Jacobson, who has been head of live-action production at Walt Disney Studios, will leave immediately.
Toyota not studying ways to join Nissan/Renault GM
Reuters - The president of Toyota Motor Corp.
(7203.T) said on Thursday he is not studying ways in which
Japan's top automaker could join a potential three-way alliance
between Nissan Motor Co. (7201.T), Renault and
General Motors Corp. .
Profit Lags as Microsoft Spends to Meet Competitors
The company is in the midst of product transition as sales of Xbox video game consoles are increasing rapidly, while new versions of Windows and Office are still a year off.
Short Cuts: A No-Intimidation Guide to Acquiring Art: A Gallery Is Just a Store
It’s time to get over the fear of buying art, even if you don’t know how yet.
Michelin, union extend contract talks
Reuters - The United Steelworkers and Michelin
North America agreed on Saturday to extend
negotiations by 24 hours over a new contract for 4,000 hourly
workers at three U.S. tire plants that expires at midnight.
Hospital Giant HCA Is Close to a Record Buyout
The hospital operator is close to a deal to sell itself to a consortium of investors in a package worth $31.6 billion.
The Gambling Is Virtual; the Money Is Real
For the first time, Washington has succeeded in temporarily shutting down a publicly owned gambling site, and its effort has operators’ share prices plummeting.
Heart Pill to Be Sold by Itself
Previously, Pfizer had said it would sell the new heart treatment only in combination with Lipitor.
Vaccines and Diabetes Drug Lift Glaxo’s Profit
This month, GlaxoSmithKline resumed sales of its diabetes drug Avandia after resolving quality control problems at a plant in Puerto Rico.
Patent Deal on a Drug Scrutinized
The Justice Department is investigating whether the deal thwarted a lower-priced competitor for Plavix.
Executive Pursuits: An Avian Universe in the Asphalt Jungle
I had no idea what thrills bird-watching could provide until I saw the president of New York City Audubon perform a miracle in Central Park.
Pakistan springs shock rate rise
Pakistan announces a surprise interest rate rise as high oil and commodity prices feed inflationary pressures.
Men Not Working, and Not Wanting Just Any Job
Millions of men are turning down jobs they think beneath them or cannot find work for which they are qualified.
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