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Investors, Buckle Your Seatbelts

Companies trying to sell their shares in initial public offerings had a hard time finding willing buyers in January _ a trend that will likely continue until the stock market stabilizes. Of the 10 IPOs scheduled for January, only seven made it to market as…

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Volatile stock market weighing on IPOs

House Democrats outlined a plan Friday to steer private money toward growing small businesses, historic renovations and hotel construction at the Mall of America with tax credits and other tax measures. They aim to revive tax incentives that passed the…

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Dems try for Mall of America, investor tax credits

Electric car manufacturer Tesla Motors Inc. said Friday it plans to sell stock to the public. The company, based in Palo Alto, Calif., did not disclose in a filing with the Securities and Exchange Commission specifically how much it plans to raise though it…

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Electric car maker Tesla Motors plans IPO

Regulators have shut down banks in Florida and Georgia, boosting to 11 the number of bank failures so far in 2010, following 140 closures last year in the punishing economic climate. The Federal Deposit Insurance Corp. on Friday took over First National Bank…

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Regulators shut banks in Florida, Georgia

Tesla Motors CEO Elon Musk is finally preparing to take his car company public. On Jan. 29, Musk’s company filed for an initial public stock offering, which he has talked about as a possibility for a couple of years. He wants to sell $100 million worth of stock, which could help fund a new factory …

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Tesla’s IPO: Investors, Buckle Your Seatbelts

Tesla Motors CEO Elon Musk is finally preparing to take his car company public. On Jan. 29, Musk’s company filed for an initial public stock offering, which he has talked about as a possibility for a couple of years. He wants to sell $100 million worth of stock, which could help fund a new factory …

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Tesla goes public. Mind the risk.

The Colts are trying to keep their mouths shut. On Friday, Indianapolis players and coaches downplayed the significance of comments made earlier this week by Saints defensive coordinator Gregg Williams. Williams, familiar with the Colts from his days in…

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Comments from Saints aren’t riling up Colts

Senate Majority Leader Harry Reid’s campaign ended 2009 with less money in the bank than it had in September after financing an advertising blitz intended to buff his bruised image in his home state of Nevada, records released Friday showed. After spending an…

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Sen. Reid spends money as fast as he banks it

Toyota is sending new gas pedal systems to its factories rather than its dealership service departments, The Associated Press learned Friday. The move angered some dealers who say they should get the parts to take care of the millions of car owners whose…

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Toyota sends new gas pedals to plants, not dealers

Squaw Valley USA has completed the aquisition of a resort village at the base of the Sierra ski resort. Squaw Valley USA Chairman and CEO Nancy Cushing today said her resort has acquired The Village at Squaw Valley from Intrawest. The European-style village…

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Squaw Valley USA acquires property

HOUSTON (Reuters) – NRG Energy Inc CEO David Crane said Friday the company would not pursue the construction of two nuclear reactors in Texas, if an ongoing dispute with project partner CPS Energy causes NRG to miss out on federal loan guarantees needed to finance the project.

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Texas judge warns CPS in Texas nuclear suit

Stocks ended a disappointing January with a loss as investors questioned whether the economy will be able to sustain its big fourth-quarter growth rate. Downbeat earnings at technology companies also pulled stocks down. The Dow Jones industrials fell 53…

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Stocks fall on doubts about recovery’s strength

The cost to protect against a default on high-yield, high-risk bonds rose relative to investment-grade debt this month for the first time since August, signaling investors are having second thoughts after a record rally.

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High-Yield Debt Swaps Jump in January as Investors Seek Caution

American International Group Inc. on Friday disclosed details of the toxic securities that helped trigger a massive taxpayer rescue of the giant insurer. In a public filing, AIG listed the securities held in its Maiden Lane III business, which the company and…

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AIG discloses details on toxic securities