Retail gasoline prices chugged higher Friday to a peak for the year, forcing consumers to dig deeper into already-thin wallets to pay for fuel. At the same time, natural gas prices also were moving up again and have now climbed 16 percent in the…

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Gas prices hit peak for the year

Due to arrive today SHIPFROMPORTYM SuccessLos AngelesOAKOlga TopicPohang, South Korea</…

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Ship traffic for October 31, 2009

Commercial lender CIT Group Inc. said Friday that billionaire investor and bondholder Carl Icahn agreed to support the company’s restructuring plan amid reports CIT may soon file for bankruptcy protection. Icahn also agreed to provide CIT, based…

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Icahn said to back CIT with $1 billion loan

TOKYO (Reuters) – Sony Corp posted a loss for the fourth consecutive quarter, hit by sluggish cellphone sales and as it cut prices of its PlayStation 3 game gear, but trimmed its full year loss forecast close to market expectations.

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Sony posts 4th straight quarter loss

NEW YORK (Reuters) – JP Morgan Chase & Co raised concerns about Galleon hedge fund founder Raj Rajaratnam and his associates as far back as 2001, the Financial Times reported, citing an internal company document seen by the newspaper.

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JP Morgan raised concerns about Galleon in 2001: report

CHICAGO (Reuters) – The U.S. economy’s return to growth during the third quarter shows stability has been regained but recovery is fragile and needs nurturing, Treasury Secretary Timothy Geithner said on Thursday.

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U.S. economy stabilized but risks remain: Geithner

(10-29) 23:21 PDT BANGKOK, Thailand (AP) — Asian stock markets snapped three days of losses Friday after the U.S. economy broke out of a year-long slump, spurring hopes of improved demand for the region’s exports. Major benchmarks from Toyko…

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Asian markets snap losing streak on US growth

TOKYO (Reuters) – Sony Corp posted a loss for a fourth consecutive quarter, hit by sluggish cellphone sales and as it cut prices of its PlayStation 3 game console, but it narrowed its full year loss forecast.

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Sony posts loss for 4th straight quarter

(10-29) 23:07 PDT SEOUL, South Korea (AP) — Samsung Electronics Co. said third-quarter net profit tripled to a record amid increased sales of flat screen TVs and mobile phones and higher prices for computer memory chips. The world’s top…

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Samsung 3Q profit triples to record as sales jump

(10-29) 23:04 PDT HONG KONG, China (AP) — A new Chinese stock exchange meant to nurture small and high-tech enterprises, modeled on the U.S.-based Nasdaq market, started trading Friday and all 28 listed companies soared in price. Huayi…

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China’s small-company stock market starts trading

(10-29) 23:01 PDT BEIJING, China (AP) — Apple’s iPhone is making its long-awaited formal debut in the world’s most populous mobile phone market, without a key feature and at higher prices than widely available black market models. Apple’s…

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iPhone comes to China without key feature

(10-29) 22:58 PDT TOKYO, Japan (AP) — Japan’s unemployment rate fell for the second straight month as companies gained more confidence in the stimulus-fueled global recovery but prices continued to tumble, underscoring weak demand at home….

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Japan jobless rate falls for second straight month

SHANGHAI (Reuters) – The ChiNext stock market, China’s long-awaited Nasdaq-style second board, debuted on Friday with a speculative surge that more than doubled the price of all its 28 stocks — a good sign for firms lining up to list on China’s main stock markets.

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China’s Nasdaq-style market sizzles on debut

(10-29) 22:54 PDT TEGUCIGALPA, Honduras (AP) — A top regional diplomatic official says negotiators for Honduras’ interim and ousted leaders have signed an agreement that allows for the possible return of deposed President Manuel Zelaya….

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OAS: Ousted president, gov’t sign pact in Honduras

(10-29) 22:13 PDT TEGUCIGALPA, Honduras (AP) — Interim President Roberto Micheletti has ordered his negotiators to sign an agreement that could lead to the reinstatement of ousted President Manuel Zelaya, but that leaves the decision in the hands…

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Honduras interim gov’t touts agreement on coup