Alex Wong/Getty Images Panel Chair Elizabeth Warren speaks during a hearing before the Congressional Oversight Panel that was created to oversee the expenditure of the Troubled Asset Relief Program (TARP) March 4, 2010 on Capitol Hill in Washington, DC. Charles…

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TARP fraud exec arrested, Valley National Bank buys banks’ assets

Boo Zamek was a mother of two young children when she started a business from her home two years ago publishing a community e-newsletter. She wanted the same things many of us want when we turn to self-employment — prosperity…

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Starting a home business comes with a price

OpenGate Capital, the private equity firm buying the Nicole Farhi fashion label, expects to announce three more acquisitions over the next month or so, said managing partner Andrew Nikou.

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Nicole Farhi Buyer OpenGate Set to Announce Three More Deals

Chileans braced for more blackouts after an outage yesterday left 80 percent of the population without power and much of Santiago in darkness for more than two hours, the result of grid damage from last month’s earthquake.

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Chile May Face More Blackouts After 80% Lose Power (Update2)

International demand for long-term U.S. financial assets weakened in January as China and Japan, the two biggest holders of Treasuries, reduced their positions.

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Global Demand for U.S. Assets Slowed in January (Update2)

MannKind Corp., the biotechnology company run by billionaire inventor Alfred Mann, failed to win approval from U.S. regulators to market its inhaled insulin drug, Afrezza, for people with diabetes.

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MannKind’s Insulin Afrezza Fails to Win Approval (Update2)

Most U.S. stocks fell for a second day as growing concern that China and India will restrict economic growth to curb inflation weighed on commodity producers, overshadowing a rally in consumer-staples shares.

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Most U.S. Stocks Fall on Concerns Over Credit, China Economy

European Central Bank council member Ewald Nowotny said that some euro-region governments may face a “debt spiral” if they don’t starting cutting their budget deficits next year.

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ECB’s Nowotny Says Governments May Face Threat of ‘Debt Spiral’

AIG logo American International Group Inc. is planning on holding back $21 million in bonus payments to former employees according to a report from the Wall Street Journal. The move comes today as AIG prepares to pay out $46 million…

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AIG holds back $21 million in bonus payments: WSJ

WASHINGTON (Reuters) – U.S. industrial production braked sharply in February, held back by severe winter storms that slammed parts of the country, while manufacturing activity in New York state stalled this month.

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Snowstorms hold back industrial output in February

OSI Pharmaceuticals Inc. Chief Executive Officer Colin Goddard said Astellas Pharma Inc.’s $3.5 billion hostile takeover bid doesn’t reflect peak annual revenue of $7 billion from the cancer pill Tarceva.

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OSI CEO Goddard Rejects Astellas on Tarceva $7 Billion Promise

David Beckham says he hopes to make a “swift and full recovery” from his torn left Achilles’ tendon after leaving Monday for surgery which will keep him out of the World Cup. “I am on my way to Finland to see a specialist and have a scan on the injury,”…

AC Milan – David Beckham – World Cup – Achilles tendon – sport

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Beckham flies to Finland for surgery

The dollar got a lift Monday morning after a leading credit ratings agency warned that the U.S. and the U.K. could see a downgrade of their top AAA credit rating. That triggered a pull-back from riskier assets such as emerging-market currencies and stocks as…

Moody – Credit rating – United States – Business – Financial Services

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Moody’s warning on US, UK ratings lifts dollar

NEW YORK (Reuters) – Stocks fell slightly on Monday on persistent concerns the Chinese government may tighten credit, which could hinder the global recovery from recession.

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China concerns weigh on shares as banks eyed

German Chancellor Angela Merkel says new sanctions are needed against Iran to pressure the country into settling the dispute over its nuclear program. Speaking to reporters Monday after talks with Lebanese Prime Minister Saad Hariri, Merkel said Iran had…

Prime minister – Angela Merkel – Chancellor of Germany – Middle East – Lebanon

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Merkel: Iran sanctions needed