Thursday, September 23, 2010

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Blockbuster Chief Says He Will Evaluate 'Every Single Store'
Bloomberg
By David McLaughlin and Ronald Grover - Fri Sep 24 04:01:01 GMT 2010 Blockbuster Inc. Chief Executive Officer James Keyes said he will evaluate "every single store" in the video-rental chain as it reorganizes to compete with competitors that provide ...
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Democrats delay tax vote until after November polls
AFP
WASHINGTON — Senate Democrats ruled out any vote on extending controversial tax cuts until after the November 2 legislative elections, drawing fire from Republicans who want to keep the cuts. Congress for the past few days has been hotly debating what ...
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AFP
Yen Weakens on Speculation Japan Is Intervening to Curb Gains
Bloomberg
By Candice Zachariahs and Ron Harui - Fri Sep 24 05:26:46 GMT 2010 Japan's currency has gained almost 2 percent since the nation's intervention on Sept. 15 pushed the yen down to a one month low from the strongest level in 15 years. ...
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Gekko Duels Cigar-Chomping Banker in 'Wall Street' Sequel: Film
Bloomberg
By Rick Warner - Fri Sep 24 04:01:00 GMT 2010 Michael Douglas and Shia LaBeouf in "Wall Street: Money Never Sleeps." The film is directed by Oliver Stone. Photographer: Barry Wetcher/Twentieth Century Fox via Bloomberg Aaron Tveit, left, ...
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Petrobras raises $70 bln in largest offering ever
Reuters
By Guillermo Parra-Bernal and Elzio Barreto SAO PAULO, Sept 23 (Reuters) - Brazilian state oil company Petrobras raised $70 billion on Thursday in the world's biggest share offering, giving the company the financial muscle it needs to tap vast offshore ...
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Small-business aid bill clears House, heads to Obama
Los Angeles Times
The measure's passage ends months of partisan delay. The wait for action was agonizing for small-business owners, many of whom have been seeking loans for months in the tight credit market. By Lisa Mascaro and Sharon Bernstein, Los Angeles Times Ending ...
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Data indicate fresh weakness in housing
Washington Post
Sept. 23 (Bloomberg) -- Sales of US previously owned homes rose in August to the second-lowest level on record, indicating housing remains depressed a year after the economic recovery began. Purchases of existing houses climbed to a 4.13 million annual ...
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Washington Post
Irish borrowing rates climb to new euro-era high
BusinessWeek
Investors are selling off Irish and Portuguese bonds Thursday, driving the borrowing costs of both countries to euro-era records. Analysts say investors are favoring German treasuries in response to Thursday's disappointing forecast for European growth ...
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Alnylam braces for major job cuts
Boston Globe
WASHINGTON — Alnylam Pharmaceuticals Inc., the Cambridge-based developer of drugs using a technology that inactivates genes, said it will cut up to 30 percent of its workforce as it ends a five-year partnership with Swiss drugmaker Novartis AG. ...
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