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Online DVD rental leader Netflix Inc. is raising its prices for Blu-ray discs in a change that will triple or quadruple the high-definition surcharge on Netflix’s most popular subscription plans. The new rates announced Monday are being driven by the growing…
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Homicide detectives Monday were investigating the fatal shootings of two men and a woman in an apartment. Neighbors contacted authorities after hearing gunshots in the apartment about 7:15 p.m. Sunday, said Los Angeles County sheriff’s Deputy Oscar Butao. All…
The chairman of Philadelphia Newspapers confirms that top executives received December bonuses, weeks before the company filed for bankruptcy. Chairman Bruce Toll told The Associated Press that Chief Executive Brian Tierney and two others were doing a “very…
NBC Universal says it saved $2 million last year by going green. The media giant has been promoting environmentally friendly efforts on its TV shows and in practice, looking for reduced power costs and telling its executives to lay off the bottled water. The… Excerpted from:
The federal government on Monday asked a group of appeals court judges to overturn a ruling that could prevent the U.S. Interior Department from collecting billions in royalties on oil and natural gas leases. In January, a smaller three-judge panel of the 5th… Read the rest here:
President Barack Obama asserted unprecedented government control over the auto industry Monday, bluntly rejecting turnaround plans by General Motors Corp. and Chrysler LLC, demanding fresh concessions for long-term federal aid and raising the possibility of… Go here to read the rest:
The second major snowstorm to hit the northern Plains in a week dropped more than a foot of snow Monday, closing hundreds of miles of highway and shutting government offices and schools. Three deaths were blamed on the storm. High wind expected from the storm… View original here:
WASHINGTON (Reuters) – President Barack Obama ordered General Motors and Chrysler to accelerate their turnaround efforts and brace for possible bankruptcy, saying bailout funds will be limited and poor decision-making will not be excused.
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General Motors Corp.’s new chief executive said Monday there’s a greater risk that the company will have to reorganize through bankruptcy, because of greater demands from the Obama administration to get debt off its balance sheet. Fritz Henderson told… See the original post here:
A blizzard battered North Dakota on Monday, threatening to create wind-whipped waves that could lash the patchwork levee system that has shielded much of Fargo from the swollen Red River. Engineers scrambled to shore up the dikes in hopes of averting the… More here:
The federal government is proposing to forgive disaster loans made to coastal communities that have faced budget problems in the years after hurricanes Katrina and Rita. Rules proposed Monday would let local governments avoid repaying some or all of their… The rest is here:
American authorities are planning a broad new campaign to choke off the prime source of financing for terrorists in Afghanistan, sending in dozens of federal drug enforcement agents to disrupt the country’s massive opium trade and the money that streams to… Presented By:
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