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    • A U.S. Airways jet departs Washington's Reagan National Airport next to American Airlines jet outside Washington
      Lobbying in American-US Airways deal focuses on small cities Reuters - 4 hrs ago

      By Karen Jacobs (Reuters) - US Airways Group and American Airlines , seeking approval for a merger that would create the world's largest airline, are warning lawmakers … More »Lobbying in American-US Airways deal focuses on small cities

      A U.S. Airways jet departs Washington's Reagan National Airport next to American Airlines jet outside Washington

      By Karen Jacobs (Reuters) - US Airways Group and American Airlines , seeking approval for a merger that would create the world's largest airline, are warning lawmakers that a requirement to divest certain airport slots would lead to less service for small and medium-sized cities, sources close to the effort told Reuters. …

    • Ex-Virginia bank executives guilty in financial crisis case Reuters - 6 hrs ago

      (Reuters) - The former chief executive of a failed U.S. bank in Norfolk, Virginia, and three others were convicted Friday of conspiracy to commit bank fraud and other … More »Ex-Virginia bank executives guilty in financial crisis case

      (Reuters) - The former chief executive of a failed U.S. bank in Norfolk, Virginia, and three others were convicted Friday of conspiracy to commit bank fraud and other charges in connection with a scheme to conceal loan losses that contributed to the bank's collapse in 2011. Edward Woodard, the former chief executive of …

    • Chinese Premier Li Keqiang speaks during a joint news conference with Pakistan's President Asif Ali Zardari at President House in Islamabad
      Chinese premier criticizes EU move on trade measures Reuters - 2 hrs 54 mins ago

      SHANGHAI (Reuters) - Chinese Premier Li Keqiang criticized the European Union over its plans to investigate alleged anti-competitive behavior by Chinese mobile telecom … More »Chinese premier criticizes EU move on trade measures

      Chinese Premier Li Keqiang speaks during a joint news conference with Pakistan's President Asif Ali Zardari at President House in Islamabad

      SHANGHAI (Reuters) - Chinese Premier Li Keqiang criticized the European Union over its plans to investigate alleged anti-competitive behavior by Chinese mobile telecom equipment makers and to impose punitive import duties on solar panels from China, state media reported. The official Xinhua news agency reported late on …

    • An employee stands behind a MasterCard logo during the launch of the international credit card issuer's first ATM transaction in Myanmar, in Yangon
      Visa, Mastercard ask U.S. court to declare card fees are lawful Reuters - 8 hrs ago

      By Jessica Dye NEW YORK (Reuters) - Visa Inc and MasterCard Inc, opening another front in an eight-year battle over credit card fees paid by retailers, on Friday asked … More »Visa, Mastercard ask U.S. court to declare card fees are lawful

      An employee stands behind a MasterCard logo during the launch of the international credit card issuer's first ATM transaction in Myanmar, in Yangon

      By Jessica Dye NEW YORK (Reuters) - Visa Inc and MasterCard Inc, opening another front in an eight-year battle over credit card fees paid by retailers, on Friday asked a federal judge to declare that the fees do not violate antitrust law. The lawsuit seeks to give the card companies legal ammunition against some retailers …

    • Attendees pass by the General Growth Properties booth during the International Council of Shopping Centers convention in Las Vegas
      Exclusive: In surprise, General Growth eyes New York office tower Reuters - 6 hrs ago

      By Ilaina Jonas NEW YORK (Reuters) - General Growth Properties Inc has paired with Brookfield Office Properties Inc to bid for an expensive New York building in what … More »Exclusive: In surprise, General Growth eyes New York office tower

      Attendees pass by the General Growth Properties booth during the International Council of Shopping Centers convention in Las Vegas

      By Ilaina Jonas NEW YORK (Reuters) - General Growth Properties Inc has paired with Brookfield Office Properties Inc to bid for an expensive New York building in what could mark the No. 2 U.S. mall owner's entry into a new segment of the retail real estate market, according to two sources familiar with the deal. Bids for …

    • U.S. audit regulator reaches deal with China on document access Reuters - 9 hrs ago

      By Dena Aubin and Sarah N. Lynch NEW YORK (Reuters) - U.S. regulators will get access to Chinese companies' audit documents under a deal announced on Friday, opening … More »U.S. audit regulator reaches deal with China on document access

      By Dena Aubin and Sarah N. Lynch NEW YORK (Reuters) - U.S. regulators will get access to Chinese companies' audit documents under a deal announced on Friday, opening the way to probes of bungled audits after a two-year stand-off between China and the United States. The nonbinding deal is only a partial victory for the United …

    • People walk past a Sprint store in New York
      Senator urges 'extreme caution' on SoftBank -Sprint deal Reuters - 7 hrs ago

      By Doug Palmer and Liana B. Baker WASHINGTON (Reuters) - An influential senator expressed strong concerns on Friday about Japanese company SoftBank Corp's plan to buy … More »Senator urges 'extreme caution' on SoftBank -Sprint deal

      People walk past a Sprint store in New York

      By Doug Palmer and Liana B. Baker WASHINGTON (Reuters) - An influential senator expressed strong concerns on Friday about Japanese company SoftBank Corp's plan to buy 70 percent of Sprint Nextel , warning it could expose the United States to Chinese cyber attacks. "I have real concerns that this deal, if approved, could …

    • FILE - In this Thursday, May 23, 2013, file photo, Trader Donato Cuttone works on the floor of the New York Stock Exchange near the close of trading. Asian shares traded erratically Friday May 24, 2013 but European markets found their footing, a day after global stocks were routed by unexpectedly weak Chinese manufacturing and fears the Federal Reserve will start withdrawing its monetary stimulus. (AP Photo/Richard Drew, File)
      Stocks barely budge; market ends week with loss AP - 8 hrs ago

      NEW YORK (AP) — Major stock indexes closed out their first weekly loss in a month in quiet trading Friday. More »Stocks barely budge; market ends week with loss

      FILE - In this Thursday, May 23, 2013, file photo, Trader Donato Cuttone works on the floor of the New York Stock Exchange near the close of trading. Asian shares traded erratically Friday May 24, 2013 but European markets found their footing, a day after global stocks were routed by unexpectedly weak Chinese manufacturing and fears the Federal Reserve will start withdrawing its monetary stimulus. (AP Photo/Richard Drew, File)

      NEW YORK (AP) — Major stock indexes closed out their first weekly loss in a month in quiet trading Friday.

    • Passengers wait for their flight in the outdoor patio in the Delta airlines Sky club at terminal 4 at JFK airport, Friday, May 24, 2013 in New York. Delta opened its new $1.4 billion terminal, strengthening its hand in the battle for the lucrative New York travel market. The expanded concourse offers sweeping views of the airport, upscale food and shopping options and increased seating. It replaces a decrepit terminal built by Pan Am in 1960 that was an embarrassing way to welcome millions of visitors to the United States. (AP Photo/Mary Altaffer)
      Delta ups the ante in battle for NY travel market AP - 6 hrs ago

      NEW YORK (AP) — Delta's formula for winning over New York travelers is simple: floor-to-ceiling windows, abundant power outlets and a burger joint with a cult-like f … More »Delta ups the ante in battle for NY travel market

      Passengers wait for their flight in the outdoor patio in the Delta airlines Sky club at terminal 4 at JFK airport, Friday, May 24, 2013 in New York. Delta opened its new $1.4 billion terminal, strengthening its hand in the battle for the lucrative New York travel market. The expanded concourse offers sweeping views of the airport, upscale food and shopping options and increased seating. It replaces a decrepit terminal built by Pan Am in 1960 that was an embarrassing way to welcome millions of visitors to the United States. (AP Photo/Mary Altaffer)

      NEW YORK (AP) — Delta's formula for winning over New York travelers is simple: floor-to-ceiling windows, abundant power outlets and a burger joint with a cult-like following.

    • This undated publicity photo released by Netflix shows David Cross, left, and Portia de Rossi in a scene from "Arrested Development," premiering May 26, 2013 on Netflix. The sitcom, also starring Jason Bateman and Will Arnett, was canceled by Fox in 2006 after three seasons. (AP Photo/Netflix, Sam Urdank)
      Netflix looks to hook subscribers with 'Arrested' AP - 9 hrs ago

      SAN FRANCISCO (AP) — Netflix is hoping this weekend's release of the resurrected TV series "Arrested Development" will draw more subscribers to its Internet video se … More »Netflix looks to hook subscribers with 'Arrested'

      This undated publicity photo released by Netflix shows David Cross, left, and Portia de Rossi in a scene from "Arrested Development," premiering May 26, 2013 on Netflix. The sitcom, also starring Jason Bateman and Will Arnett, was canceled by Fox in 2006 after three seasons. (AP Photo/Netflix, Sam Urdank)

      SAN FRANCISCO (AP) — Netflix is hoping this weekend's release of the resurrected TV series "Arrested Development" will draw more subscribers to its Internet video service.

    • FDA warns of infections tied to Tennessee pharmacy AP - 6 hrs ago

      WASHINGTON (AP) — Health officials are investigating cases involving patients who suffered complications after being injected with potentially contaminated medications … More »FDA warns of infections tied to Tennessee pharmacy

      WASHINGTON (AP) — Health officials are investigating cases involving patients who suffered complications after being injected with potentially contaminated medications made by a Tennessee specialty pharmacy.

    • In this photo taken Friday, Apr. 26, 2013, Miele Account Manager Natasha Feldman showcases Miele washer and dryer energy efficient appliances at the Pacific Sales at the Best Buy store in Glendale, Calif. The Commerce Department reports on business orders for durable goods in April on Friday, May 24, 2013. (AP Photo/Damian Dovarganes)
      US durable goods orders rise 3.3 percent in April AP - 16 hrs ago

      WASHINGTON (AP) — U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for aircraft and stronger business investment. The gains suggest … More »US durable goods orders rise 3.3 percent in April

      In this photo taken Friday, Apr. 26, 2013, Miele Account Manager Natasha Feldman showcases Miele washer and dryer energy efficient appliances at the Pacific Sales at the Best Buy store in Glendale, Calif. The Commerce Department reports on business orders for durable goods in April on Friday, May 24, 2013. (AP Photo/Damian Dovarganes)

      WASHINGTON (AP) — U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for aircraft and stronger business investment. The gains suggest economic growth may be holding steady this spring.

    • FILE - Procter & Gamble chairman of the board A.G. Lafley speaks at P&G's annual shareholders meeting, in this Oct. 13, 2009 file photo taken in Cincinnati. The Cincinnati company said late Thursday May 23, 2013 that former CEO A.G. Lafley, a 33-year industry veteran, is returning its top post. (AP Photo/Al Behrman, File)
      Procter & Gamble brings back A.G. Lafley as CEO AP - 17 hrs ago

      NEW YORK (AP) — Household products giant Procter & Gamble Co. is hoping its former CEO can work his magic once again. More »Procter & Gamble brings back A.G. Lafley as CEO

      FILE - Procter & Gamble chairman of the board A.G. Lafley speaks at P&G's annual shareholders meeting, in this Oct. 13, 2009 file photo taken in Cincinnati. The Cincinnati company said late Thursday May 23, 2013 that former CEO A.G. Lafley, a 33-year industry veteran, is returning its top post. (AP Photo/Al Behrman, File)

      NEW YORK (AP) — Household products giant Procter & Gamble Co. is hoping its former CEO can work his magic once again.

    • FILE - In this Sept. 7, 2009, file photo President Barack Obama speaks at the AFL-CIO Labor Day picnic at Coney Island in Cincinnati. Some labor unions that initially backed Obama's health care overhaul are now frustrated and angry about what they say are unexpected consequences of the plan that could hurt their members. (AP Photo/David Kohl, File)
      Some unions now angry about health care overhaul AP - 13 hrs ago

      WASHINGTON (AP) — Some labor unions that enthusiastically backed President Barack Obama's health care overhaul are now frustrated and angry, fearful that it will jeopardize … More »Some unions now angry about health care overhaul

      FILE - In this Sept. 7, 2009, file photo President Barack Obama speaks at the AFL-CIO Labor Day picnic at Coney Island in Cincinnati. Some labor unions that initially backed Obama's health care overhaul are now frustrated and angry about what they say are unexpected consequences of the plan that could hurt their members. (AP Photo/David Kohl, File)

      WASHINGTON (AP) — Some labor unions that enthusiastically backed President Barack Obama's health care overhaul are now frustrated and angry, fearful that it will jeopardize benefits for millions of their members.

    • Mining machinery and barrels with chemicals sit on the facilities of Barrick Gold Corp's Pascua-Lama project in northern Chile, Thursday, May 23, 2013. Chile's environmental regulator has stopped construction and imposed sanctions on Barrick Gold Corp.'s $8.5 billion Pascua-Lama project, citing "serious violations" of its environmental permit. (AP Photo/Jorge Saenz)
      Barrick fined $16m for Pascua-Lama violations AP - 7 hrs ago

      VALLENAR, Chile (AP) — Chile's environmental regulator blocked Barrick Gold Corp.'s $8.5 billion Pascua-Lama project on Friday and imposed its maximum fine on the world's … More »Barrick fined $16m for Pascua-Lama violations

      Mining machinery and barrels with chemicals sit on the facilities of Barrick Gold Corp's Pascua-Lama project in northern Chile, Thursday, May 23, 2013. Chile's environmental regulator has stopped construction and imposed sanctions on Barrick Gold Corp.'s $8.5 billion Pascua-Lama project, citing "serious violations" of its environmental permit. (AP Photo/Jorge Saenz)

      VALLENAR, Chile (AP) — Chile's environmental regulator blocked Barrick Gold Corp.'s $8.5 billion Pascua-Lama project on Friday and imposed its maximum fine on the world's largest gold miner, citing "very serious" violations of its environmental permit as well as a failure by the company to accurately describe what it had …

    • China gives US regulators access to audit records AP - 15 hrs ago

      WASHINGTON (AP) — China has agreed to give U.S. regulators access to audit records for Chinese companies whose shares trade on U.S. stock exchanges, a step forward in … More »China gives US regulators access to audit records

      WASHINGTON (AP) — China has agreed to give U.S. regulators access to audit records for Chinese companies whose shares trade on U.S. stock exchanges, a step forward in a long-running dispute.

    • Schumer urges look at security in Sprint deal AP - 8 hrs ago

      NEW YORK (AP) — Sen. Charles Schumer urged regulators to "use extreme caution" when reviewing the proposed acquisition of No. 3 cell carrier Sprint Nextel by Japan's … More »Schumer urges look at security in Sprint deal

      NEW YORK (AP) — Sen. Charles Schumer urged regulators to "use extreme caution" when reviewing the proposed acquisition of No. 3 cell carrier Sprint Nextel by Japan's Softbank, saying the Japanese company's use of Chinese networking equipment could open up U.S. networks to snooping and hacking.

    • Photos: Frank Lloyd Wright Homes For Sale @ ABC News - Fri, May 17, 2013

      Frank Lloyd Wright may have died in 1959, but his architecture is alive and well. A recent story in the Wall Street Journal revealed the cost to upkeep some of his historic … More »Photos: Frank Lloyd Wright Homes For Sale

      Frank Lloyd Wright may have died in 1959, but his architecture is alive and well. A recent story in the Wall Street Journal revealed the cost to upkeep some of his historic homes may be more than buyers bargain for, but others clamor to invest in history.        

    • Martha Stewart Case Judge Ruling Favors JCP @ ABC News - Fri, Apr 12, 2013

      The judge presiding over the lawsuit against Martha Stewart and J.C. Penney ruled on Friday allowing the sale of Martha Stewart merchandise in J.C. Penney stores.     … More »Martha Stewart Case Judge Ruling Favors JCP

      The judge presiding over the lawsuit against Martha Stewart and J.C. Penney ruled on Friday allowing the sale of Martha Stewart merchandise in J.C. Penney stores.        

    • Couple Finds $100,000 in Safe Deposit Box @ ABC News - Fri, Apr 12, 2013

      An elderly couple in Brooklyn, N.Y., found a huge pile of cash–what they reckon was $100,000–in cash in a bank’s safe deposit box. Joe Valinoti, 82, and his companion, … More »Couple Finds $100,000 in Safe Deposit Box

      An elderly couple in Brooklyn, N.Y., found a huge pile of cash–what they reckon was $100,000–in cash in a bank’s safe deposit box. Joe Valinoti, 82, and his companion, Kathleen Ricigliano, 81, said they opened a safe deposit box account with Sovereign Bank in February....        

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