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Justice OKs Ticketmaster-Live Nation merger

The Justice Department gave conditional approval Monday to Ticketmaster’s proposed merger with Live Nation, saying the government’s requirements in a proposed settlement will protect U.S. See the original post here: Justice OKs Ticketmaster-Live Nation merger

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Obama unveils new initiatives for middle class (Reuters)

Reuters – President Barack Obama on Monday will propose a package of new initiatives aimed at helping middle-class families, including expanded child-care tax credit and help with retirement savings. See the original post: Obama unveils new initiatives for middle class (Reuters)

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Independent Group to Look at Ways to Reduce Debt

The group could provide pressure and political cover for the parallel effort by Democratic leaders to consider both spending cuts and tax increases. See the original post: Independent Group to Look at Ways to Reduce Debt

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Swiss not yet handed over UBS client data: report

ZURICH (Reuters) – Switzerland has not yet handed over data on clients of UBS to the U.S. authorities as part of a probe into possible tax evasion among wealthy bank customers, a government spokesman was quoted as saying on Sunday. See the original post here: Swiss not yet handed over UBS …

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Europe welcomes Obama bank plan, won’t imitate it

LONDON/PARIS (Reuters) – Major European economies offered support on Friday for U.S. President Barack Obama’s plan to limit banks’ size and trading activities but indicated they had no plans to follow suit Read the original here: Europe welcomes Obama bank plan, won’t imitate it

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Air America to close, files for bankruptcy

NEW YORK (Reuters) – Air America, a politically liberal talk-radio network, said on Thursday it would cease operations and file for Chapter 7 bankruptcy protection to begin an orderly wind down of its business. Read more from the original source: Air America to close, files for bankruptcy

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Futures point to higher Wall Street open (Reuters)

Reuters – Stock index futures indicated that Wall Street may open higher on Friday, regaining a little of the ground lost in the previous session, when they fell heavily after President Barack Obama outlined plans for tougher banking regulations. See the original post: Futures point to higher Wall Street …

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Wall Street looking for a rebound

U.S. stocks looked set for a rebound of sorts Friday, as investors aimed to recoup losses from the previous session’s selloff triggered by President Obama’s new bank plan. Read the original: Wall Street looking for a rebound

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Asia tracks US tumble after Obama bank proposal (AP)

AP – Asian stock markets tumbled Friday after President Barack Obama proposed a sweeping overhaul of Wall Street banks to avert future financial crises. Read the original here: Asia tracks US tumble after Obama bank proposal (AP)

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Air America radio to file for bankruptcy

Liberal talk radio network Air America is planning to file for Chapter 7 bankruptcy, the company said Thursday. Read the original post: Air America radio to file for bankruptcy

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