Inspired by the example of Netflix in the U.S., Britain’s leading DVD rental-by-mail company grew 70% last year, thanks in part to a deal with Amazon

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Lovefilm: British Answer to Netflix Booms

(10-30) 11:34 PDT WASHINGTON, (AP) — Banks must accurately identify their potential losses when modifying troubled commercial real estate loans under federal guidelines issued Friday. Regulators have warned that rising losses on commercial…

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Commercial property – Associated Press – Real estate – Business – United States

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New fed guide on commercial real estate loan mods

(10-30) 11:33 PDT Los Angeles, CA (AP) — A judge says he will throw out several settlements allowing major outdoor advertising companies to convert more than 800 billboards in Los Angeles into digital displays. Superior Court Judge Terry…

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Los Angeles – Superior court – United States – California – Associated Press

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Judge opposes LA deal for digitizing billboards

(10-30) 11:28 PDT , (AP) — Among the earnings stories for Friday, Oct. 30, from AP Financial News: Chevron said it pumped its way through a weak third quarter, producing more oil as prices recovered from a severe plunge earlier in the year.</…

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Associated Press – Business – Business and Economy – Investing – Sports

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Earnings roundup: Chevron, Cummins

(10-30) 11:26 PDT MOSCOW, Russia (AP) — Russia is planning extensive research to support its claim to a broad swath of energy-rich territory beneath the Arctic Sea, a top official of the nation’s icebreaker fleet said Friday. Icebreakers…

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Russia – Arctic Ocean – Arctic – Polar Regions – Associated Press

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Russia plans research to support Arctic claim

NEW YORK (Reuters) – Stocks slid on Friday as investors worried the economy’s recovery might not be sustainable and financials sank as an influential bank analyst projected a $10 billion write-down for Citigroup.

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Wall Street hit by financials, outlook concerns

Equities gave back back all of their gains from the previous session’s rally amid worries about the momentum of the economic recovery

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Stocks Sink on Spending Worries

(10-30) 10:49 PDT DALLAS, (AP) — Lower costs helped A.H. Belo Corp., publisher of The Dallas Morning News, narrow its quarterly loss even as advertising revenue fell sharply. The company, which publishes a handful of other dailies, posted a…

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Dallas Morning News – Belo – Publishing – Advertising – United States

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A.H. Belo narrows 3Q loss as expenses fall

NEW YORK (Reuters) – Billionaire investor Carl Icahn, who had challenged CIT Group Inc’s restructuring plan, said on Friday he was now backing the company’s pre-packaged bankruptcy and would provide an additional $1 billion in credit to the lender.

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CIT and Icahn agree on restructuring plan

(10-30) 10:40 PDT Las Vegas, NV (AP) — A broken pipeline gushed water and squeezed traffic on the Las Vegas Strip before crews were able to begin making repairs. Southbound traffic was limited to one lane Friday morning until service was…

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Las Vegas Strip – Nevada – United States – Associated Press – Las Vegas

Water gushes onto Las Vegas Strip after pipe break

(10-30) 10:37 PDT TEGUCIGALPA, Honduras (AP) — Deposed President Manuel Zelaya and his opponents have agreed to a U.S.-brokered deal that he said will return him to power four months after a coup shook faith in Latin America’s young…

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Honduras – United States – Central America – US – Society and Culture

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Ousted Honduran leader: Pact will restore me

NEW YORK/LONDON (Reuters) – NYSE Euronext said it sold a big stake in its U.S. derivatives trading platform to five powerful market players, following the pattern of exchange operators partnering with dealers in the face of possibly sweeping regulatory changes.

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NYSE Euronext sells stake in derivatives platform

(10-30) 10:32 PDT NEW YORK, (AP) — CIT Group says billionaire investor and bondholder Carl Icahn has agreed to support its restructuring plan and will provide the company with a $1 billion line of credit. The agreement was reached Friday, a…

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CitGroup – CarlIcahn – Loan – Debt – Business

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CIT Group receives $1 billion loan from Icahn

(10-30) 10:30 PDT DENVER, (AP) — Apartment Investment & Management Co. said Friday that its third-quarter funds from operations declined as rents and occupancy fell. The real estate investment trust’s FFO slid to $22.3 million, or 19 cents…

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Real estate investment trust – Real estate – Business – Investing – Financial services

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Apartment Investment & Management 3Q FFO falls

(10-30) 10:28 PDT LONDON, United Kingdom (AP) — The International Olympic Committee plans to begin negotiations on U.S. broadcast rights for the 2014 and 2016 Games next year. IOC president Jacques Rogge tells The Associated Press the talks…

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International Olympic Committee – Jacques Rogge – United States – Sport – Associated Press

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Rogge: US TV deal planned after Vancouver Games