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Latest Business News Archives for May 27, 2006

Internet jukeboxes offer countless tunes
May 27 2006 10:37PM (CT)
BOSTON (AP) - The Sevens, a beer-and-wine tavern with an oak bar worn smooth by decades of drinkers, has two amenities that set it apart: a real cork dart board, and arguably one of the best jukeboxes east of the Mississippi River.
 
Lay, Skilling gambled and lost on stand
May 27 2006 9:36PM (CT)
HOUSTON (AP) - For more than two years, Kenneth Lay portrayed his prosecution as a witch hunt that rose from the rubble of Enron Corp. It was no secret that he planned to testify in his own defense.
 
Couple gets $13M in tornado damage suit
May 27 2006 9:21PM (CT)
TULSA, Okla. (AP) - An Oklahoma couple was awarded nearly $13 million in a class-action lawsuit after a jury ruled that State Farm Fire & Casualty Co. intentionally underpaid claims from families whose homes were damaged by tornadoes seven years ago.
 
6 plead guilty in Newsday circ. scandal
May 27 2006 10:56AM (CT)
NEW YORK (AP) - Six people accused of taking part in a scheme to boost the circulation figures at Newsday and the Spanish-language publication Hoy pleaded guilty to federal conspiracy charges.
 
GM issues recall for 30,000 Corvettes
May 27 2006 8:09AM (CT)
DETROIT (AP) - General Motors Corp. is recalling more than 30,000 Chevrolet Corvettes because of a defect that allows detachable roofs to fly off.
 
Calif. man gets 30 years for Ponzi scheme
May 27 2006 2:22AM (CT)
SANTA ANA, Calif. (AP) - A man accused of operating one of the largest Ponzi schemes in U.S. history was sentenced to 30 years in prison Friday.
 
   

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