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Of Bobbleheads and the Beast Don't take the headlines too seriously, because they're long on facts, short on truth, and they just don't matter.
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Oracle in Merger Talks with Other Firms (Reuters) Reuters - Oracle Corp. is in\merger talks with other technology companies as it awaits the\outcome of its #36;9.2 billion hostile takeover bid for rival\software maker PeopleSoft Inc. .
2
U.S. Mortgage Rates Rise in Latest Week (Reuters) Reuters - Interest rates on U.S. 30-year and\15-year mortgages rose in the latest week as an improving\economy stoked fears of inflation, mortgage finance company\Freddie Mac said on Thursday.
2
The Oil Bubble II In my column last month (The Oil Bubble: Set to Burst?) I discussed the speculative factors that pushed oil prices to all-time highs.
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Suit seeks to bar curb on China textiles America #39;s leading retailers filed a lawsuit yesterday to stop the Bush administration from imposing curbs on imports of popular Chinese-made apparel and textiles.
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Europe #39;s Trichet Blasts Low Dollar, Hedges on Intervention European Central Bank president Jean-Claude Trichet today repeated that the euro #39;s rise against the dollar is unwelcome and said intervention in foreign exchange markets quot;is a weapon quot; that is available to central banks.
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Year-Old Spam Law Failing to Halt Flood The nation's first law aimed at curtailing junk e-mail earned a mixed report card after a year on the books as few spammers faced legal action and recent surveys showed that spam makes up an even larger proportion of online messages. <FONT face="verdana,MS Sans Serif,arial,helvetica" size="-2" color="#666666"><B>-washingtonpost.com</B></FONT>
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Brown has no room for giveaways The Chancellor has faced bad news on government tax revenues and borrowing so far this year - too little tax revenue, too much borrowing.
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Consortium Invests \$2.5B in NTL Assets A consortium led by Macquarie Communications Infrastructure Group agreed Thursday to pay 1.27 billion British pounds (US\$2.5 billion; euro1.8 billion) for NTL Inc.
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3 Former KMart Execs Charged with Fraud (Reuters) Reuters - Three former Kmart executives and\representatives of several major vendors were charged on\Thursday with fraudulently accounting for #36;24 million of profit\before the retailer filed for bankruptcy in 2002.
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Retailers' Nov. Same-Store Sales Sluggish NEW YORK (Reuters) - Major U.S. retailers reported tepid November sales on Thursday, as discounting lured customers, but high energy prices and nagging concerns about a soggy job market kept buying in check.
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Oil Drops Another 5 Pct to \$43 a Barrel LONDON (Reuters) - Oil prices crumbled another 5 percent to around \$43 a barrel on Thursday, suffering the biggest two-day slide since the Gulf War after a rise in U.S. heating oil stocks triggered furious selling.
2
Stocks Off, Energy Shares Down, Oil Falls NEW YORK (Reuters) - U.S. stocks were slightly lower on Thursday, reversing some of Wednesday's sharp rally, as another slide in oil prices knocked shares of energy-related companies.
2
U.S. Factory Orders, Jobless Claims Up WASHINGTON (Reuters) - Booming orders for new military aircraft boosted overall orders to U.S. factories by 0.5 percent to a seasonally adjusted \$371.51 billion in October, the Commerce Department said on Thursday, though demand was flat when defense was excluded.
2
Red Bull hope for Coulthard McLaren discard David Coulthard could be offered a way back into Formula One for the 2005 season as a driver with the new Red Bull Racing team, it was reported on Thursday.
1
U.S. Mortgage Rates Rise in Latest Week WASHINGTON (Reuters) - Interest rates on U.S. 30-year and 15-year mortgages rose in the latest week as an improving economy stoked fears of inflation, mortgage finance company Freddie Mac said on Thursday.
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3 Former KMart Execs Charged with Fraud WASHINGTON (Reuters) - Three former Kmart executives and representatives of several major vendors were charged on Thursday with fraudulently accounting for \$24 million of profit before the retailer filed for bankruptcy in 2002.
2
Season Off to Slow Start The nation's retailers had a disappointing start to the holiday season, reporting sluggish sales for November after a much hoped-for surge in Thanksgiving weekend business failed to materialize.
2
Dollar Rebounds After Setting New Low Mark Against Euro The U.S. dollar rallied after dropping to a record low Thursday against the euro amid uncertainty about whether officials would intervene to curb the currency's slide.
2
SEC Files Fraud Charges Against 3 Former Kmart Executives Federal regulators on Thursday filed civil fraud charges against three former Kmart Corp. executives and five current and former managers of big vendor companies, saying they engineered a \$24 million accounting fraud by the retailing giant.
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Microsoft, Sun claim progress on interoperability deal DECEMBER 02, 2004 (COMPUTERWORLD) - Microsoft Corp. and Sun Microsystems Inc. said yesterday that they #39;re pleased with the progress they have made in the early stages of the 10-year alliance they forged in April (see story).
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NHL Accepts Union Invitation for Talks (AP) AP - The NHL accepted an invitation from the players' association on Thursday to return to the negotiating table in an effort to end the lockout that began nearly three months ago.
1
NASCAR Champ Busch Hopes to Draw New Fans (AP) AP - For anyone unhappy that Kurt Busch is the new Nextel Cup champion, Jack Roush has some advice: Get used to it.
1
Ricky Williams Will Remain Retired (Reuters) Reuters - Former Miami Dolphins running\back Ricky Williams will remain retired after declining the
1
Canada's Barrick Gold acquires nine per cent stake in Celtic Resources (Canadian Press) Canadian Press - MOSCOW (AP) - Canada's Barrick Gold Corp. said Thursday it was acquiring a nine per cent stake in London-based Celtic Resources Holding Ltd., in a deal that potentially gives the Canadian gold giant major clout ahead of next year's auction of Russia's biggest gold deposit.
0
Sightings by UN patrols bolster suspicions of Rwandan incursion in Congo (Canadian Press) Canadian Press - KINSHASA, Congo (AP) - UN air and ground patrols have photographed freshly occupied encampments and unidentified well-equipped troops in east Congo, UN officials said Thursday, bolstering suspicions that Rwanda is making good on its threat to send troops into its larger, weaker neighbour.
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Baseball Owners to Vote on Expos Move (AP) AP - Baseball commissioner Bud Selig scheduled a conference call for Friday for owners to vote on the proposed move of the Montreal Expos to Washington.
1
Ricky Williams Will Remain Retired NEW YORK (Sports Network) - Former Miami Dolphins running back Ricky Williams will remain retired after declining the NFL's reinstatement offer.
1
Report: Giambi Admits to Using Steroids SAN FRANCISCO, CA (Sports Network) - According to a report, New York Yankees first baseman Jason Giambi claimed in his grand jury testimony that he took a human growth hormone in 2003 and also used steroids for at least three seasons.
1
Grizzlies Name Fratello Head Coach MEMPHIS, Tenn. (Sports Network) - Mike Fratello returned to the NBA coaching ranks Thursday when the Memphis Grizzlies selected the former Atlanta Hawks and Cleveland Cavaliers coach as their new head coach.
1
Bush Finished Campaign With Millions (AP) AP - President Bush's record campaign fund raising left him with millions of dollars to spare, allowing him to donate #36;11 million to the Republican Party and even send a few checks to the White House Historical Association.
0
Brown Makes Season Debut for Wizards WASHINGTON (Sports Network) - Former No. 1 overall pick Kwame Brown returned from an off-season foot injury in Washington's 95-68 rout of New Jersey Wednesday night.
1
White House Urges Myanmar to Free Suu Kyi (AP) AP - The Bush administration urged the Myanmar government on Thursday to free pro-democracy leader Aung San Suu Kyi from house arrest, saying a failure to do so would represent "unacceptable backtracking."
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Bills' Henry Out Indefinitely ORCHARD PARK, N.Y. (Sports Network) - Buffalo Bills running back Travis Henry could be sidelined for the remainder of the season with a lower right leg injury.
1
Iran Hard-liners Mark 1983 Attack on U.S. Marines TEHRAN (Reuters) - Iranian hard-liners erected a monument Thursday to commemorate a suicide bombing which killed 241 U.S. servicemen in Lebanon in 1983, witnesses said.
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Cuba frees sixth jailed dissident Cuba releases a journalist jailed in last year's dissident crackdown, the sixth prisoner to be freed this week.
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EU backing for Romania elections The European Commission says the elections in Romania were conducted in an orderly manner and will not affect membership talks.
0
Bud Selig calls for vote on Expos Moving the Expos to Washington is subject to approval from MLB owners and the DC council approving financing for a new stadium by Dec. 31.
1
Motorola Slips Ouch. That #39;s gotta hurt. Motorola (NYSE: MOT) has crashed into third place in the global mobile handset market behind Samsung.
2
Wal-Mart Predicts Weak Dec. Sales as Retailers Falter (Update7) Sales at US retailers rose less than forecast at the start of the holiday season as Federated Department Stores Inc. and Limited Brands unexpectedly posted November declines.
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Mortgage rates going up Fresh signs of strength in the economy have caused mortgage rates to rise. Mortgage company Freddie Mac says the average for a 30-year fixed-rate mortgage is now 5.81 percent, up sharply from 5.72 in last week #39;s survey.
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QBs Randall, Berlin Came Into Own (AP) AP - Virginia Tech's Bryan Randall and Miami's Brock Berlin finally have emerged from their predecessors' shadows.
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Microsoft Sues 7 Spammers Microsoft indicated that the defendants used compromised computers around the world, using so-called zombie computers. By TechWeb.
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Mozilla Trots Out Nearly Final Thunderbird E-Mailer com. The Mozilla Foundation Wednesday debuted a release candidate edition of its first standalone e-mail client, the open-source, for-free Thunderbird.
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Europe #39;s Web Surfers Go for Broadband Nielsen/NetRatings reported that more than 100 million Europeans use the Internet--and of these, more than 54 million go surfing over a broadband connection.
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Galloway to contest east London seat Fresh from his libel victory over the Daily Telegraph, George Galloway this evening announced his intention to challenge the Labour MP Oona King at the general election.
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Oil Drops Another 5 Pct to 12-Week Low LONDON (Reuters) - Oil prices crumbled another 5 percent to a 12-week low just above \$43 a barrel on Thursday, suffering the biggest two-day slide since the Gulf War after a rise in U.S. heating oil stocks triggered furious selling.
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Amazon's Electrifying Sales Amazon.com apparently has greater sales in electronics than books for the very first time.
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Inflation under control, says Fed's Bernanke (AFP) AFP - US inflation is under control and is expected to remain tame, Federal Reserve Board governor Ben Bernanke said.
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Gold hits 16-year high on weakness of US\$ Gold futures hit a 16-year high Monday, continuing a bull run that has gold companies quot;living the dream, #39; #39; according to one industry analyst.
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Update 1: FDA Puts CuraGen Protein on Fast-Track Shares of CuraGen Corp. shot up 13 percent Thursday morning after the biotechnology company said regulators gave a quot;fast-track quot; designation to its experimental treatment for mouth sores that often accompany chemotherapy or radiation therapy.
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San Diego Chargers Seek to Widen AFC Gap (AP) AP - The San Diego Chargers didn't expect to be leading the AFC West at this point in the season. And the Denver Broncos probably didn't expect to be trailing the Chargers in the standings.
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Blue Jays Acquire McDonald From Indians (AP) AP - The Toronto Blue Jays acquired infielder John McDonald from the Cleveland Indians on Thursday for a player to be named.
1
MSN Spaces reaction Microsoft blogger Robert Scoble has an exhaustive roundup of the reaction to the new MSN Spaces Web publishing and blogging tool, plus a link to a video interview of the MSN Spaces development team on Microsoft #39;s Channel 9 site.
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Russia #39;s space agency approves station crew An American and a Russian, both space veterans, have been selected as the next replacement crew for the international space station, a Russian agency spokesman said Tuesday.
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Will it be Els or Goosen? Sun City - South African golf enthusiasts face a tough choice on Friday - who to support - Ernie Els or Retief Goosen? They are the joint leaders after the first round of the Nedbank Golf Challenge being played at the Gary Player country club.
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CHARGERS EYE TOP SPOT If the San Diego Chargers are able to contain Jake Plummer, they can take a huge step towards winning the AFC West title. The Chargers look to clinch their first winning season in nine years on Sunday when they host the Denver Broncos at Qualcomm Stadium.
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Sharon seeks to expand coalition Israeli Prime Minister Ariel Sharon said today he planned to replace his minority government with a broad coalition to push through his Gaza withdrawal plan and promised not to launch attacks on Palestinians unless provoked during
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British Lawmaker Wins Libel Suit Against Daily Telegraph A member of the British Parliament, George Galloway, won a libel suit today against The Daily Telegraph of London, which dubbed him quot;Saddam #39;s Little Helper
0
MLB Owners to Vote Baseball commissioner Bud Selig schedules a conference call for Friday for owners to vote on the proposed move of the Montreal Expos to Washington.
1
U.S. Ambassador Appeals to Some Taliban (AP) AP - The top U.S. official in Afghanistan called Thursday on the Taliban to give up their three-year insurgency against American forces, pledging "non-criminal" fighters will left in peace if they acknowledge the authority of President-elect Hamid Karzai.
0
Man. man appealing murder conviction to have bail hearing next month (Canadian Press) Canadian Press - WINNIPEG (CP) - A Manitoba man who says he was wrongfully convicted of murder will have a bail hearing next month.
0
Two Issues Stalling Intel Overhaul Bill (AP) AP - Two issues have House Republicans tied in a knot on the intelligence bill President Bush says he wants: military control of spy satellites and provisions that, some lawmakers say, let terrorists shield themselves with claims of political asylum.
0
UN Needs More Power to Find Any Iran Nukes -Envoys VIENNA (Reuters) - There is little hope U.N. inspectors will find any secret Iranian atomic weapons program without increased inspection powers, Western diplomats and a non-proliferation expert said on Thursday.
0
Oracle in Merger Talks Beyond PeopleSoft SAN FRANCISCO (Reuters) - Oracle Corp. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=ORCL.O target=/stocks/quickinfo/fullquote">ORCL.O</A> on Thursday said it is in merger talks with other technology companies as it pursues its \$9.2 billion hostile takeover bid for rival software maker PeopleSoft Inc. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=PSFT.O target=/stocks/quickinfo/fullquote">PSFT.O</A>.
2
Court Votes to Strip Pinochet of Immunity An appeals court ruled Thursday to strip former dictator Gen. Augusto Pinochet of immunity from prosecution for a 1974 car bombing that killed an exiled Chilean general and the man's wife.
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Battle over Gold Fields-Iamgold merger heats up JOHANNESBURG, SOUTH AFRICA - Harmony Gold Mining says it will try to block Gold Fields International #39;s merger proposal with Toronto-based Iamgold, despite a South African court ruling prohibiting it from doing so.
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Retailers report sluggish November The nation #39;s retailers had a disappointing start to the holiday season, today reporting sluggish November sales as a much-hoped-for surge in Thanksgiving weekend business failed to materialize.
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SEC Sues 3 Former Kmart Execs WASHINGTON -- Federal regulators have filed civil fraud charges against three former Kmart executives and five current and former managers of suppliers.
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Dialysis clinic chain agrees to pay \$350M ST. LOUIS -- The nation #39;s third-largest operator of kidney-dialysis clinics has agreed to pay the government \$350 million to settle allegations it defrauded Medicare.
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Apple Launches ITunes Music Store in Canada Apple Computer Inc. on Thursday launched its iTunes online music store in Canada, the 14th country in which the popular service is available.
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PGA of America changes Ryder Cup qualifying format PALM BEACH GARDENS, United States (AFP) - In the wake of the worst Ryder Cup loss ever by an American team, the PGA of America has adopted a new points system to determine 10 automatic qualifiers for the United States squad.
1
Sportsview: Which Are the Best Two Teams? (AP) AP - Southern California is No. 1 in the polls and the BCS standings. The computers prefer Oklahoma. Auburn's victories over Georgia and Tennessee might be the season's two most impressive performances. The Trojans, Sooners and Tigers are all 11-0, but the Bowl Championship Series can only accommodate two teams in its national title game.
1
UN prepared to help ease Congo-Rwanda tensions Peacekeepers in Congo are prepared to help disarm Hutu rebels threatening Rwanda from Congolese soil to ease tensions between the two Central African neighbors, the United Nations said on Thursday.
0
US: US election makes blog the word of the year A four-letter term that came to symbolise the difference between old and new media during this year #39;s presidential campaign tops US dictionary publisher Merriam-Webster #39;s list of the 10 words of the year.
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Lycos Anti-Spam Attack More Powerful than Intended ZDNet UK reports that Lycos Europe #39;s in-your-face anti-spam promotion may have been more effective than it intended. Ostensibly designed to slow but not take down spam servers, the quot;Make Love Not Spam quot; distributed
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Retailers Post Sluggish Sales in Nov. (AP) AP - The nation's retailers had a disappointing start to the holiday season, reporting sluggish sales for November after a much hoped-for surge in Thanksgiving weekend business failed to materialize.
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NHL Accepts Union Invitation for Talks NHL commissioner Gary Bettman speaks to the media at the Pengrowth Saddledome in Calgary, Alberta, Canada, on Wednesday Dec. 1, 2004.
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Statement On Notre Dame Universitys Firing Of Football Coach <b>...</b> (New York, NY) Dec. 2, 2004 - Earl G. Graves, Sr., Publisher and Chairman of BLACK ENTERPRISE magazine, issued the following statement on the firing of Tyrone Willingham from the position of head football coach by Notre Dame University:
1
Prez catches Canada off-guard with ballistic missile defence plan HALIFAX: President Bush caught Canadian officials off guard in calling openly for joint action on a continental missile defence shield.
0
Bush Praises Canadians for Post-9/11 Aid US President Bush speaks at Pier 21 in Halifax, Canada, Wednesday, Dec. 1, 2004. (AP Photo/Charles Dharapak). HALIFAX, Nova Scotia Dec 1, 2004 - President Bush asked Canadians on Wednesday to move beyond
0
Prince Bernhard, Father of Dutch Queen, Dies at 93 Prince Bernhard, a bon vivant and outspoken member of an ancient German royal family who became husband of one queen of the Netherlands and father of another, died yesterday at a hospital in Utrecht near Amsterdam.
0
Stocks End Near Flat Ahead of Jobs Data NEW YORK (Reuters) - U.S. stocks ended little changed on Thursday, as investors were cautious about making large bets before Friday's jobs report and energy stocks limited advances as oil continued its slide.
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Update 10: Oil Prices Decline for 2nd Straight Day Crude futures sold off sharply for a second day in row Thursday, briefly dipping below \$43 a barrel, as traders focused on rising fuel supplies and the lack of cold weather.
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UPDATE 2-Gambro sells marine unit, settles US probe Gambro, the world #39;s second-largest dialysis group, agreed to sell its MacGregor marine cargo company and will settle a US compliance case, the Swedish company said on Thursday, sending its shares 2 percent higher.
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Cavs Activate Pavlovic; Wagner Back on IL (AP) AP - The Cavaliers activated guard Sasha Pavlovic and placed guard Dajuan Wagner on the injured list Thursday before they played the Denver Nuggets.
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Supreme court begins hearing final arguments in Ukraine's election dispute (Canadian Press) Canadian Press - KYIV, Ukraine (AP) - Tens of thousands of opposition supporters partied in Kyiv's main square Thursday, erecting a Christmas tree and waving orange flags in a show of confidence as the Supreme Court heard final arguments on whether to overturn disputed election results.
0
Martin says Bush assured him no plans for space-based weapons (Canadian Press) Canadian Press - OTTAWA (CP) - The prime minister says he's been assured by President George W. Bush that the U.S. missile defence plan does not necessarily involve the weaponization of space.
0
Infineon Execs Pleading Guilty in US DRAM Probe Four sales executives of German chip maker Infineon Technologies AG (IFXGn.DE: Quote, Profile, Research) have agreed to plead guilty to participating in a conspiracy
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Panero: XM CEO Sees Cell Phones As Next Satellite Radio Frontier quot;Magic can happen. quot; Sirius Satellite Radio (nasdaq: SIRI - news - people ) may have signed Howard Stern and the men #39;s NCAA basketball tournaments, but XM Satellite Radio (nasdaq: XMSR - news - people ) has its sights on your cell phone.
3
Miller #39;s winning streak ends at three as Goergl wins Super G Bode Miller #39;s three-race winning streak ended Thursday, but the American still added to his commanding lead in the World Cup overall standings by finishing second to Austria #39;s Stephan Goergl in a Super G.
1
NHL, NHLPA to resume bargaining talks next Thursday in Toronto NEW YORK (CP) - The NHL Players #39; Association made the biggest move of the 2-month-old lockout Thursday, inviting the NHL back to the negotiating table with the lure of a new proposal.
1
Fratello to Coach Grizzlies Mike Fratello is hired as coach of the Memphis Grizzlies as a replacement for Hubie Brown, who unexpectedly retired for health reasons.
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Albertsons on the Rebound Things are slowly returning to normal in the embattled grocery world. This morning, Albertsons (NYSE: ABS), the No. 2 player in the group, reported an 18 jump in third-quarter net income
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US long-term mortgage rates increase sharply Long-term mortgage rates in the United States increased sharply this week, mortgage wholesaler Freddie Mac reported Thursday in its weekly nationwide survey.
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Gateway Returns To Japan Gateway is returning to Japan and will be launching some new desktop and laptop computers for the new market. Leveraging the distribution channels of its eMachines brand, the company now offers its new line
3
Villeneuve sets the pace as Heidfeld speeds up Canadian Jacques Villeneuve has set the pace for Sauber while Germany #39;s Nick Heidfeld did his best to impress Williams in a wet and windy Formula One test session at Jerez.
1
Lindh #39;s killer has jail term confirmed The confessed killer of Swedish Foreign Minister Anna Lindh has had his life jail sentence confirmed by the Supreme Court after he appealed for leniency saying he was mentally ill when he stabbed her.
0
Intel Raises Quarterly Revenue Target (Reuters) Reuters - Intel Corp. , the largest\maker of microchips, on Thursday raised its quarterly revenue\target, citing strong worldwide demand for its microprocessors,\and its shares jumped nearly 6 percent in after-hours trading.
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Albertsons on the Rebound The No. 2 grocer reports double-digit gains in sales and earnings after recent acquisitions.
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