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Decision day for health care in the House

President Barack Obama is trying to close the deal in the House on his health care overhaul, facing a make-or-break vote that's certain to be seen as a test of his presidency. Obama scheduled a visit late Saturday morning to meet with House Democrats, ...
08-11-2009 - 01:02

China offers Africa more trade, investment

China is offering to abolish import duties on some commodities from Africa and make sure Chinese exports to the continent are safe as part of a package to boost already thriving economic ties, China's commerce minister said in an article published Satu...
07-11-2009 - 23:45

South Korean workers protest gov't labor policy

Tens of thousands of South Korean workers rallied Saturday to protest the government's plan to begin implementing contentious labor laws. The government says it will begin enforcing laws next year to allow multiple unions for each workplace and prohibi...
07-11-2009 - 22:39

Court ends tobacco company payments in Md., Pa.

North Carolina's highest court ruled Friday that three cigarette companies no longer have to make payments to tobacco farmers in Maryland and Pennsylvania under a decade-old settlement. The state Supreme Court determined that Philip Morris USA, R.J. Re...
07-11-2009 - 14:19

Banks in Ga., Mich., Minn., Mo., Calif. closed

Regulators on Friday shut banks in Georgia, Michigan, Minnesota, Missouri, and California, bringing the number of bank failures this year to 120 amid the struggling economy and a cascade of defaults on loans. The Federal Deposit Insurance Corp. took ov...
07-11-2009 - 14:11

Sector Snap: Airline shares rise

Airline stocks rose Friday as oil prices tumbled, easing the carriers' fears over jet fuel costs. The broader market also gained, as investors shrugged off another rise in the national unemployment rate, which the government said Friday broke above 10 ...
07-11-2009 - 12:13

Mesa Air says United didn't extend deal

Mesa Air Group Inc. said Friday that United Airlines did not extend an agreement under which Mesa operated 26 regional jets for the larger carrier. Mesa operates the CRJ-200 aircraft under a code-sharing agreement with United. Mesa said the deadline fo...
07-11-2009 - 12:10

Earnings Preview: Ticketmaster 3Q results seen up

Ticketmaster Entertainment Inc., the nation's largest ticket seller and proposed merger partner of Live Nation Inc., is scheduled to report its third-quarter earnings on Monday. The following is a summary of key developments and analyst opinion related...
07-11-2009 - 12:08

Earnings Preview: Live Nation 3Q seen lower

Live Nation Inc., the world's biggest concert promoter and proposed merger partner of Ticketmaster Entertainment Inc., is scheduled to report its third-quarter earnings on Monday. The following is a summary of key developments and analyst opinion relat...
07-11-2009 - 12:06

Hyatt underwriters buy additional 5.7M shares

Hyatt Hotels Corp. said Friday that underwriters of its initial public offering have exercised their option to buy 5.7 million more shares of common stock at $25 apiece. Hyatt, which raised $950 million in its IPO this week, expects to get net proceeds...
07-11-2009 - 12:04

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