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A Higher Bid for REIT Is Expected by Vornado
A consortium of investors led by Vornado Realty Trust planned to raise its bid for Equity Office Properties Group to more than $40 billion.
It?s ?Squawk Box? Meets ?Saturday Night Live?
The popularity of the Wallstrip Web site is only the latest sign of the growing use of video on financial Web sites.
What?s Online: Sites for the Socially Conscious
A new site, Do The Right Thing, allows users to make submissions criticizing industries and companies, which are then voted on by readers.
Novelties: These Back-Seat Drivers Are Moving Up Front
How?s your driving? Two electronic back-seat drivers were recently updated to keep even closer tabs on the behavior of both engine and driver.
New Suitor Ignites Battle for Ailing Mills Corp.
Simon Property Group and Farallon Capital Management are planning a $1.56 billion cash bid for the outlet mall developer Mills Corporation.
S.E.C. Is Looking at Stock Trading
An investigation has begun into whether Wall Street bank employees are leaking information about big trades to favored clients.
Jobs Calls for End to Music Copy Protection
Apple?s chief said record companies should allow songs to be sold online without anticopying software, in part because the technology does not stop piracy.
Bank Settles Shelter Suits by Investors
The settlement by Deutsche Bank is a major shift in how it is dealing with the legal woes surrounding its tax shelter work.
Footballs, Funhouses and Fries
Daniel M. Snyder, the entrepreneur and owner of the Washington Redskins, has agreed to acquire Johnny Rockets, the 1950s-inspired restaurant chain.
Health Plans: A Chance to Pick Hospice, and Still Hope to Live
New hospice programs give patients medical comfort while allowing for sophisticated medical treatments.
Financial world braces for huge Chinese investment fund
AFP - China will send ripples through the financial world when it unleashes an investment company with more money under management than any mutual fund in existence, according to analysts.
Intel Prototype May Herald a New Age of Processing
A new experimental chip from Intel could house as many as 80 separate processing engines, or cores.
S.E.C. Seeks to Curtail Investor Suits
The Securities and Exchange Commission is promoting a legal standard that would make it harder for shareholders to win fraud lawsuits against companies and executives.
Four Brands in Car Rental May Merge
A combination of National, Alamo, Thrifty and Dollar in a deal valued at more than $3 billion is being discussed.
Detroit?s Slump Could Break Up Chrysler Group
The lesson of this decade for automakers? Better to go it alone than bulk up through mergers and alliances.
In Fraud Case, 7 Years in Jail for Contempt
A former globe-trotting investment manager remains jailed on one of the longest-running charges of contempt.
Furor on Rush to Require Cervical Cancer Vaccine
The vaccine is costly, and many say the rush toward mandatory inoculation could prove counterproductive.
U.S. begins probe of Valero Texas refinery fire
Reuters - Federal safety investigators were
headed to Valero Energy Corp.'s Sunray, Texas, refinery
on Saturday, shut since Friday by an explosion in a residual
crude unit.
Juneau Journal: Alaska Governor Takes New Tack on Pipeline Plan
Gov. Sarah Palin wants to deliver what many others have sought without success: a pipeline to transport natural gas from the state?s North Slope.
JetBlue to Begin Paying Penalties to Its Stranded Passengers
The company will begin payments ranging from $25 toward a future flight to a round-trip ticket to passengers kept waiting by the airline?s own mistakes.
Exxon to Abandon a Big Investment in Qatar
Exxon Mobil announced it would abandon a project to produce clean-burning diesel in partnership with Qatar?s state-run oil and gas company.
Home Lenders Hit by Higher Default Rates
Shares of NovaStar Financial, which makes loans to people with weak credit, fell almost 43 percent after the company announced a surprise loss.
Morgan Stanley Dissolves Partnership in India to Go Solo
Morgan Stanley will go it alone in India, lured by potential profits from the country?s quickly maturing corporate sector.
What?s Online: Sharing the Wealth at MTV
A decision by MTV to allow other Web sites to embed video clips from its own sites is drawing praise from users.
In Big Buyout, Utility to Limit New Coal Plants
The TXU Corporation, which has been the bane of environmental groups, will commit to a broad menu of environmental measures.
Citigroup Finds Taker for Hard Job
Gary L. Crittenden, an American Express executive, has been named Citigroup?s chief financial officer, a post that puts him on a path to succeed Charles O. Prince III.
Vote on EU-wide piracy penalties
Proposals for EU-wide penalties for counterfeiting face a key vote in the European parliament.
Low Pay and Broken Promises Greet Guest Workers
Lawmakers are pushing to expand the U.S. guest worker program, but labor experts say workers suffer abuses.
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