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Former HealthSouth exec. gets probation
Feb 24 2007 11:30PM (CT)
BIRMINGHAM, Ala. (AP) - The former HealthSouth Corp. finance chief has been re-sentenced to five years probation _ the same sentence an appeals court rejected last year as being too lenient.
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Unions ratify deal with Pittsburgh paper
Feb 24 2007 10:57PM (CT)
PITTSBURGH (AP) - The last of the 14 bargaining units at the financially ailing Pittsburgh Post-Gazette voted Saturday to ratify a new contract that includes staff reductions, net pay cuts and changes in health care benefits.
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Univision agrees to record $24M FCC fine
Feb 24 2007 7:02PM (CT)
WASHINGTON (AP) - The nation's largest Spanish-language broadcaster has agreed to a record $24 million fine for failing to meet government rules for educational children's programming, a Federal Communications Commission official said Saturday.
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Shifting housing market snubs bad credit
Feb 24 2007 4:36PM (CT)
HARTFORD, Conn. (AP) - Homeowners with troubled credit histories are finding it harder to get mortgages or refinance homes because softening in the housing market is making lenders less likely to handle riskier loans.
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Shifting housing market snubs bad credit
Feb 24 2007 4:36PM (CT)
HARTFORD, Conn. (AP) - Homeowners with troubled credit histories are finding it harder to get mortgages or refinance homes because softening in the housing market is making lenders less likely to handle riskier loans.
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Honeywell fined $500,000 for waste
Feb 24 2007 2:40PM (CT)
PHOENIX (AP) - Aerospace giant Honeywell International Inc. will pay a $500,000 fine for hazardous waste violations at its plant in Kingman, Arizona, officials said.
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Class-action lawsuit pioneer Berger dies
Feb 24 2007 2:38PM (CT)
PHILADELPHIA (AP) - David Berger, a class-action lawsuit pioneer who won major cases in the Three Mile Island nuclear accident as well as disputes with oil companies, has died. He was 94.
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Caremark assures shareholders of rights
Feb 24 2007 2:36PM (CT)
NASHVILLE, Tenn. (AP) - Caremark Rx Inc. assured shareholders Saturday they had the right to seek a court's intervention if they are concerned about CVS Corp.'s bid for the pharmacy benefits manager.
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Conglomerates seek small acqusitions
Feb 24 2007 12:08PM (CT)
CINCINNATI (AP) - When Dr. Edward Goldman heard the Procter & Gamble Co. had called, he immediately suspected it was a prank.
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DOJ launches KB Home stock options probe
Feb 24 2007 5:28AM (CT)
LOS ANGELES (AP) - The Department of Justice has launched a probe into the handling of stock options at KB Home, one of the nation's largest homebuilders, although it is not targeting the company directly, KB Home said Friday. As part of its inquiry, the Justice Department is interviewing current and former executives of KB Home, a company spokesman said.
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Private firms talking about TXU purchase
Feb 24 2007 5:27AM (CT)
DALLAS (AP) - Private-buyout firms Kohlberg Kravis Roberts & Co. and Texas Pacific Group were in advanced talks Friday to buy utility TXU Corp. in one of the largest private-equity deals ever, according to a person close to the situation.
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Wendy's to close original restaurant
Feb 24 2007 2:26AM (CT)
COLUMBUS, Ohio (AP) - Wendy's International Inc. said Friday that sagging sales will force it to close the restaurant where the nation's third-largest hamburger chain began in 1969. The iconic restaurant, filled with memorabilia and photographs of the late Wendy's founder, Dave Thomas, will close March 2.
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