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BBC News
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The European aerospace and defence company EADS has reported bigger than expected losses for 2007 but predicted a recovery in 2008.
EADS made a loss of 446m euros ($685m; �341m) last year, compared with a profit of 99m euros in 2006.
The weak doll..
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CNN
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Royal Dutch Shell, Europe's largest oil company, reported a $31.3 billion yearly net profit on Thursday, due to divestments and higher oil prices. It represented a 23 percent rise from last year's figure of $24.4 billion, while sales rose 12 percent to $3..
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SF Gate
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Investors lopped $15 billion off Apple Inc.'s market value Wednesday, punishing the company for a disappointing earnings outlook even as many technology stocks staged a comeback.
Fears about weakening consumer spending in the U.S. and a slowdown in iPo..
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BusinessWeek
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Can Microsoft's acquisition of a company that sells specialized search engines help it close the overall Web search gap with Google?
Ever lagging in the lucrative business of Internet search and related ads, Microsoft (MSFT) is dipping into its cash re..
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MSNBC
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Dow Chemical Co. will sell a 50 percent interest in five of its global businesses to a Kuwaiti company for about $9.5 billion to form a new joint petrochemicals venture, the company said Thursday.
Dow said the transaction with Petrochemical Industries..
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MSNBC
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Google Inc. rode the Internet advertising wave to another sparkling quarter, justifying the investor confidence that lifted its stock price by more than $100 during past month to establish the online search leader as Silicon Valley's most valuable company..
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FOX News
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NASCAR filed a $100 million counter claim against AT&T Inc. on Sunday, accusing the wireless provider of interfering with its exclusive sponsorship agreement with rival wireless company Nextel.
The suit also asks that NASCAR be granted the right to kic..
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Bloomberg
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Ronco Corp., maker of the Veg-O-Matic vegetable slicer and the Pocket Fisherman, filed for bankruptcy two years after founder and television pitchman Ron Popeil sold the iconic company for $56 million.
Ronco, which marketed products as perfect for ``gr..
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BusinessWeek
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Apple's Steve Jobs and Google's Eric Schmidt are just two of the CEOs who work for a buck. Why do top executives give up their salaries?
Richard Kinder, chief executive of Houston energy transportation and storage company Kinder Morgan is not a poor ma..
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Washington Post
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Rupert Murdoch's News Corp. has made an unsolicited takeover bid for the parent company of the Wall Street Journal, an offer that generated nearly instant resistance from the company's controlling family and set up a media culture clash.
The offer seek..
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BBC News
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Japan's Toyota has overtaken US rival General Motors to become the world's biggest carmaker, a spokesman for the company has said.
According to company figures, Toyota sold 2.348 million vehicles in the first three months of 2007.
General Motors (GM..
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Yahoo News
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Vonage CEO Michael Snyder resigned Thursday as the troubled Internet phone company reported weak preliminary first-quarter results and announced a restructuring plan that includes an unspecified number of jobs cuts.
Chairman and founder Jeffrey A. Citr..
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ABC News
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The president of pet food maker Menu Foods, which last week issued a recall of 60 million cans and pouches of pet food after a rash of animal sickness and death, said today that the company would reimburse pet owners who can trace their pets' illnesses to..
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Yahoo News
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Dutch advertising company gratis-post.nl will begin offering consumers a pack of five envelopes with free stamps next month that they can use for standard letters up to 20 grams.
The envelopes carry advertisements on the back, and the person requesting..
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Los Angeles Times
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THE ANTI-WAL-MART lynch mob has prevailed again, forcing the retailer to forgo plans to establish a bank. The mob has become a powerful force, bringing together the company's usual big-labor antagonists, mom-and-pop Main Street merchants and the formidabl..
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BusinessWeek
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Netflix Inc. delivered its 1 billionth DVD over the weekend, marking another milestone in the Internet rental service's evolution from a peculiar dot-com to a marquee attraction in millions of homes. It took Netflix nearly 7 1/2 years to mail out 1 bil..
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BBC News
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Venezuela's government has bought 28.5% of the country's top telecoms company CANTV, which President Hugo Chavez has accused of spying on him. The stake was bought from US-based Verizon Communications for $572m (£295m), more than $100m less than was o..
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Yahoo News
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Dell Inc., battered by battery recalls and disappointing earnings, said Wednesday that Chairman Michael Dell will return to run the company he had built into one of the world's largest makers of personal computers...
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New York Times
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Robert L. Nardelli, the chief executive of Home Depot, who came under heavy criticism for his pay package and failure to lift the chain’s stagnant stock price, has abruptly resigned, the company said today...
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New York Times
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Apple Computer and its charismatic chief executive, Steven P. Jobs, are expected to make a big announcement about a new product at the Macworld conference next month. Before that, however, the company has some other highly anticipated information to share..
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