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- On Mar 31, 2009
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General Motors Corp.’s new chief executive said Tuesday that more of the automaker’s plants could close as part of GM’s effort to meet new, tougher requirements for government aid. In his first press conference as CEO, Fritz Henderson said he expects the…
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New GM CEO says more plants could close
- On Mar 31, 2009
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WASHINGTON (Reuters) – The U.S. Supreme Court dismissed an appeal by Altria Group Inc’s Philip Morris USA over $79.5 million in punitive damages awarded to the widow of a longtime Oregon smoker.
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Supreme Court dismisses Philip Morris appeal
- On Mar 31, 2009
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Tammy Erickson: Generations in China
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Great Expectations Ahead of G-20 Summit
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An audit shows the nation’s second-largest school district could have saved $77 million if its own employees were used instead of consultants on the district’s $27 billion construction project. Inspector General Jerry Thornton’s audit, released Monday, says…
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Audit shows LA schools consultants too costly
- On Mar 31, 2009
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Japan’s Stimulus Plan Aims at Voters and the G-20
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Two companies have landed a real estate bargain: Boston’s tallest skyscraper. The John Hancock Tower was bought Tuesday for about $660 million at a foreclosure auction in New York City. That’s about half of what it cost a little more than two years ago. The…
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Chipper Jones and the Atlanta Braves agreed Tuesday to a $42 million, three-year contract extension through 2012, a deal with an option that could become worth up to $61 million over four seasons. The agreement virtually guarantees that the 36-year-old Jones… Read more from the original source:
The research firm Gartner says global spending on technology products and services will likely decline nearly 4 percent this year. The weak economy is to blame. Gartner said Tuesday it expects a broad-based slowdown, leading to a 3.8 percent decline from… See original here:
DETROIT (Reuters) – General Motors Corp and Ford Motor Co announced a new series of incentives covering payments if customers lose their jobs, joining rivals in offering heavy discounts to attract consumers sidelined by the recession.
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Cardinal Health says its clinical and medical products unit will eliminate 1,300 jobs, with most of the cuts made over the next six months, as hospitals cut back on equipment purchases. Cardinal plans to spin the unit off later this year under the name… Read the original post:
Oil prices slipped again Tuesday on dismal projections from the World Bank for developing countries and new figures from the government about gloomy U.S. consumers. Benchmark crude for May delivery fell 21 cents to $48.20 on the New York Mercantile Exchange…. Presented By:
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