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Fair Isaac combats credit manipulation
Jun 4 2007 11:46PM (CT)
NEW YORK (AP) - Fair Isaac Corp. said Tuesday the next version of its widely used FICO score will no longer consider certain types of credit card accounts, closing a loophole that allowed strangers to coattail on a cardholder's good credit.
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Murdoch meets with Bancroft family
Jun 4 2007 11:14PM (CT)
NEW YORK (AP) - Rupert Murdoch stepped up his campaign to woo the family that controls Dow Jones & Co. on Monday, meeting with key members of the Bancroft family in person to offer assurances that The Wall Street Journal would continue its long tradition of excellence under his stewardship.
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Murdoch meets with Bancroft family
Jun 4 2007 11:14PM (CT)
NEW YORK (AP) - Rupert Murdoch stepped up his campaign to woo the family that controls Dow Jones & Co. on Monday, meeting with key members of the Bancroft family in person to offer assurances that The Wall Street Journal would continue its long tradition of excellence under his stewardship.
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Avaya OKs $8.2B buyout from equity firms
Jun 4 2007 9:32PM (CT)
BASKING RIDGE, N.J. (AP) - Telecommunications company Avaya Inc. said Monday night that it has agreed to an $8.2 billion buyout from private equity firms Silver Lake and TPG Capital.
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Investigators find gap in stock options
Jun 4 2007 9:28PM (CT)
WASHINGTON (AP) - Many public companies are putting dramatically lower expenses on their books for stock options awarded their executives than what they are reporting to the IRS under two differing sets of rules, Senate investigators have found.
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Indian casinos gross $25 billion in 2006
Jun 4 2007 5:57PM (CT)
WASHINGTON (AP) - Indian gambling pulled in $25 billion in 2006, 11 percent more than the year before as the industry's explosive growth outpaced Las Vegas.
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Krispy Kreme widens 1Q losses
Jun 4 2007 5:45PM (CT)
WINSTON-SALEM, N.C. (AP) - Krispy Kreme Doughnuts Inc. said Monday its fiscal first-quarter loss widened as the doughnut maker continued its recovery from a bad stumble several years ago.
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Oil prices rise as pump prices fall
Jun 4 2007 5:42PM (CT)
NEW YORK (AP) - Oil futures jumped more than $1 a barrel Monday as a cyclone bore down on the Persian Gulf, even as retail gasoline prices continued their slow retreat from their recent highs.
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Hyundai grabs lead in auto quality study
Jun 4 2007 5:41PM (CT)
DETROIT (AP) - When it comes to car quality, think Korean. Hyundai Motor Co. leads in five categories in the annual vehicle quality study released Monday by Strategic Vision Inc., a San Diego-based market research company and consultant to automakers.
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Hyundai grabs lead in auto quality study
Jun 4 2007 5:41PM (CT)
DETROIT (AP) - When it comes to car quality, think Korean. Hyundai Motor Co. leads in five categories in the annual vehicle quality study released Monday by Strategic Vision Inc., a San Diego-based market research company and consultant to automakers.
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Hyundai grabs lead in auto quality study
Jun 4 2007 5:41PM (CT)
DETROIT (AP) - When it comes to car quality, think Korean. Hyundai Motor Co. leads in five categories in the annual vehicle quality study released Monday by Strategic Vision Inc., a San Diego-based market research company and consultant to automakers.
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Starbucks' music label releases first CD
Jun 4 2007 5:00PM (CT)
SEATTLE (AP) - Caffeine junkies who go to Starbucks for their daily fix will get a nonstop dose of Paul McCartney's "Memory Almost Full" on Tuesday as the coffee company's new record label releases its first CD.
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Starbucks' music label releases first CD
Jun 4 2007 5:00PM (CT)
SEATTLE (AP) - Caffeine junkies who go to Starbucks for their daily fix will get a nonstop dose of Paul McCartney's "Memory Almost Full" on Tuesday as the coffee company's new record label releases its first CD.
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Starbucks' music label releases first CD
Jun 4 2007 5:00PM (CT)
SEATTLE (AP) - Caffeine junkies who go to Starbucks for their daily fix will get a nonstop dose of Paul McCartney's "Memory Almost Full" on Tuesday as the coffee company's new record label releases its first CD.
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Factory orders post weak gains in April
Jun 4 2007 4:42PM (CT)
WASHINGTON (AP) - Orders to U.S. factories posted a weaker-than-expected gain in April as declines in demand for cars, planes and boats offset strength in business investment.
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Flextronics to buy Solectron for $3.6B
Jun 4 2007 4:41PM (CT)
SAN JOSE, Calif. (AP) - Flextronics International Ltd., the world's No. 2 contract electronics maker, is buying smaller rival Solectron Corp. for $3.6 billion in cash and stock, in a takeover that analysts say is fueled by fierce global competition that is driving down prices and squeezing already razor-thin profit margins.
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Dominion sells most oil and gas units
Jun 4 2007 4:27PM (CT)
RICHMOND, Va. (AP) - Gas and electric company Dominion Resources Inc. said Monday it will sell most of its U.S. onshore oil and gas exploration and production operations through two transactions for a combined $6.5 billion.
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Treasurys register modest gains on data
Jun 4 2007 4:19PM (CT)
NEW YORK (AP) - U.S. government bonds Monday made the most of a light data session to recoup some of the previous week's losses, with the longer-dated issues the main beneficiaries.
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World Bank pick tries to mend fences
Jun 4 2007 2:55PM (CT)
WASHINGTON (AP) - Robert Zoellick, President Bush's choice to run the World Bank, is embarking on a global tour to Africa, Europe and Latin America as the United States seeks to mend relationships strained by the bank's outgoing president.
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Nigeria files new suit against Pfizer
Jun 4 2007 2:41PM (CT)
ABUJA, Nigeria (AP) - The Nigerian government filed a lawsuit Monday against Pfizer Inc., asking for $7 billion in damages over allegations the pharmaceutical company conducted a drug experiment that led to deaths and disabilities among children more than a decade ago, court papers showed.
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Court backs firms on credit reporting
Jun 4 2007 10:59AM (CT)
WASHINGTON (AP) - The Supreme Court sided with two insurance companies Monday in a case involving alleged violations of the Fair Credit Reporting Act.
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Anadarko Petroleum selling some assets
Jun 4 2007 7:09AM (CT)
HOUSTON (AP) - Oil and natural gas producer Anadarko Petroleum Corp. said late Sunday it is selling natural gas gathering systems and associated processing plants to Atlas Pipeline Partners LP for $1.85 billion.
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Dollar down slightly against euro
Jun 4 2007 5:29AM (CT)
FRANKFURT, Germany (AP) - The dollar fell slightly against the euro Monday, with traders looking to interest rate decisions in Frankfurt and London.
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Winery industy developes in South Dakota
Jun 4 2007 3:30AM (CT)
VOLGA, S.D. (AP) - Jim and Nancy Schade opened their winery, Schade Vineyard, with the goal of bringing a touch of Napa Valley to the South Dakota prairie.
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