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AIG sells Alico unit to MetLife for $15.5 billion
(AP)
AP - American International Group will sell its overseas life and health insurance unit for $15.5 billion to MetLife Inc., the insurer said Monday, as it attempts to repay billions in government aid.
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World stocks up as US job data lift recovery hopes
(AP)
 AP - World stock markets gained Monday as a better-than-expected report about the U.S. job market lifted confidence in the economic recovery.
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ABC returns to Cablevision, but talks go on
(AP)
 AP - Cablevision and ABC were negotiating a deal Monday that tentatively ended a dispute over fees and restored millions of viewers' access to the Academy Awards telecast in New York, New Jersey and Connecticut shortly after the broadcast began.
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Arrow Energy gets $3 billion takeover bid
(AP)
AP - Arrow Energy Ltd. said Monday that a company jointly owned by Royal Dutch Shell and PetroChina has sent it a takeover bid worth $3.3 billion Australian dollars ($3 billion).
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Portugal austerity plan has no wage cuts, tax hikes: reports
(Reuters)
Reuters - Portugal's long-term budget austerity plan encompasses spending cuts via reducing tax breaks and containing public sector wages, but entails no Greece-style wage cuts or tax hikes, local media said on Sunday.
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China banker says local govt debt may be bank risk
(AP)
AP - China's banks might face risks if finance arms set up by local governments to invest in real estate and infrastructure projects cannot repay heavy borrowing, a deputy central bank governor said Monday.
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A Fresh Look at Socially Responsible Mutual Funds
(U.S. News & World Report)
U.S. News & World Report - Most socially responsible mutual funds are born of a desire to help the environment, slow the spread of violence, or boycott certain practices. Parnassus Workplace (PARWX), on the other hand, sprang from between the covers of Fortune magazine.
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Haiti rebuilding plan expected this week
(Reuters)
Reuters - Government planners and international experts are racing to produce a blueprint this week to reconstruct Haiti's economy after the earthquake that killed up to 300,000 people and devastated its infrastructure.
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Blount International 4Q earns drop 6 percent
(AP)
AP - Blount International Inc., which makes chains for saws, said Friday that its fourth-quarter earnings fell 6 percent as one-time costs outweighed a gain in sales.
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| Yahoo! News: Business News Mon, 08 Mar 2010 12:06:26 GMT |
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