WASHINGTON (Reuters) – A U.S. congressional panel is expanding its probe of credit rating agencies to look at why securities regulators ignored warnings from former Moody’s Corp executives about the company’s weak compliance department and ratings process.

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Two U.S. House panels take aim at credit raters

Ever since the Federal Communications Commission ruled last year that Comcast had no right to slow down certain …

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Cable: Not Impacted by Net Neutrality?

Ever since the Federal Communications Commission ruled last year that Comcast had no right to slow down certain …

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No Impact on Cable from Net Neutrality?

As the economy struggles on earth, some companies are setting their sights on more out-of-this-world opportunities. About 120 companies that make products or offer services ranging from communications satellites to rocket-powered vehicles capable of sending…

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Business – Communications satellite – Space – Technology – Aerospace and Defense

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Sky is not the limit at space business summit

State Medicaid programs saw unexpected increases in enrollment and spending during fiscal 2009, and more budget problems may lie ahead, said a survey released Wednesday. Enrollment in Medicaid _ the state-federal program that covers health care for the needy,…

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Medicaid – Health care – Health – Health Policy – United States

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Survey shows growing pressure on Medicaid programs

NEW YORK (Reuters) – U.S. stocks dropped on Wednesday, after an unexpected contraction in Midwest business activity sounded a dour note at the end of a strong quarter.

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Wall Street falls on Chicago PMI’s surprising shrinkage

Magazine publisher Meredith Corp. gave its top executive a compensation package valued at $3.9 million for fiscal 2009, down slightly from the year before, according to an Associated Press calculation of figures disclosed in a regulatory filing. CEO Stephen…

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Meredith Corporation – Publishing – United States – Associated Press – Meredith Corp

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Meredith CEO compensation valued at $3.9 million

As the economy struggles on earth, some companies are setting their sights on more out-of-this-world opportunities. About 120 companies that make everything from communications satellites to rocket-powered vehicles capable of sending ordinary people into…

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Communications satellite – Space – Boston – Technology – Business

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Sky not limit at Boston space business summit

Philadelphia Eagles quarterback Michael Vick has agreed to repay at least $416,000 that he is accused of illegally withdrawing from a pension plan. The Labor Department says the payment settles a lawsuit against Vick for transfers from a pension plan…

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Philadelphia Eagles – MichaelVick – Quarterback – DonovanMcnabb – Kevin Kolb

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Vick to repay $416,000 to pension plan

The pilots who landed a US Airways jet safely in the Hudson River are reuniting in a cockpit for the first time for a flight out of New York. Capt. Chesley “Sully” Sullenberger and 1st Officer Jeffrey Skiles are slated to fly from LaGuardia Airport to…

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Hudson River – US Airway – Chesley Sullenberger – New York – Airline

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Hudson miracle pilots reuniting for NY flight

Egypt will offer two licenses to provide telecommunications services for upscale suburbs outside the capital, including fixed lines, a government official said Wednesday, in a move expected to bring in $1 billion worth of investments over the next five years….

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Egypt – Africa – Capital – Society and Culture – Telecommunication

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Egypt offers new telecom services

Jet engine manufacturer Pratt & Whitney Canada said Wednesday it will lay off more than 400 workers by next year in response to the steep decline in corporate jet purchases. The subsidiary of Hartford-based United Technologies Corp. said it will lay off 250…

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United Technologies Corporation – Business – Pratt & Whitney Canada – United Technologies – Jet engine

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Pratt & Whitney Canada axes 410 jobs

A surprise drop in a key regional economic indicator sent stocks reeling Wednesday, with the Dow Jones industrials sliding more than 80 points. The Chicago Purchasing Managers Index fell to 46.1 in September rather than rising to the 52 that economists…

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Wall Street – Business – Investing – United States – Dow Jones & Company

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Stocks tumble on drop in manufacturing activity

File this one under “ironic research studies” of the recession.

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Even Most Directors Think CEO Pay is Too High

LONDON (Reuters) – Oil rose above $68 per barrel on Wednesday, buoyed by a drop in U.S. gasoline inventories and a weak dollar.

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Oil tops $68 on gasoline inventory drop, demand