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Stocks Gain as Oil Falls and Dollar Advances   more similar news »
Wall Street rose sharply as a rising dollar cooled concerns about inflation and helped keep oil prices in check.
Tue May 13, 2008
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PC World Editor to Step Down, Start Own Venture   more similar news »
PC World editor in chief Harry McCracken announced his resignation in a blog post today. After June 2, he will be starting a new product reviews site, McCracken told Wired.com's Epicenter blog.
Mon May 12, 2008
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G.M. Plans to Close Canadian Transmission Plant   more similar news »
News of the closing of the Windsor, Ontario, facility, which produces four-speed transmissions, comes as General Motors is shifting to more fuel efficient six-speed gearboxes.
Mon May 12, 2008
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DealBook: Clear Channel Settlement Is Said to Be Near   more similar news »
The private equity firms seeking to buy Clear Channel are close to settling with the banks financing the deal.
Mon May 12, 2008
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Stocks stage recovery   more similar news »
Stocks surged Monday as investors shrugged off a spate of negative company news and opted to scoop up a variety of shares battered in last week's selloff.

Mon May 12, 2008
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Real-estate auctions pioneer Chuck McAtee dies at 41   more similar news »
Charles (Chuck) McAtee, the founder and CEO of a real-estate company that helped popularize home auctions and pioneered a franchise business around the concept, died Tuesday in a car crash in Santa Maria, Calif. He was 41.

Mon May 12, 2008
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Clear Channel talks with buyout banks   more similar news »
Read full story for latest details.

Mon May 12, 2008
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Bonds slip along with credit concerns   more similar news »
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Mon May 12, 2008
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Sirius loss narrows   more similar news »
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Mon May 12, 2008
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Gas Prices Shoot Past $3.70 a Gallon   more similar news »
The Energy Information Administration reports prices are up 11 cents to $3.72.
Mon May 12, 2008
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U.S. loosens Myanmar aid restrictions   more similar news »
In an effort to expedite aid to Myanmar, hard hit by Cyclone Nargis, the Treasury Department announced Monday that it is removing the limit on funds that Americans are allowed to send to individuals.

Mon May 12, 2008
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DealBook: Norman Pearlstine to Join Bloomberg   more similar news »
Norman Pearlstine, the former editor in chief of Time, announced that he is leaving Carlyle Group to become chief content officer at the privately held financial media group.
Mon May 12, 2008
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JPMorgan CEO: 'The recession just started.'   more similar news »
Read full story for latest details.

Mon May 12, 2008
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April budget surplus shrinks   more similar news »
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Mon May 12, 2008
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State Programs Add Safety Net for the Poorest   more similar news »
At least a dozen states are giving monthly payments to low-income workers, hoping to keep them off welfare rolls.
Mon May 12, 2008
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In the Age of TiVo and Web Video, What Is Prime Time?   more similar news »
The missing six million viewers who were watching prime television last May and have disappeared this year are still watching, but on their own terms.
Mon May 12, 2008
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Craig (of the List) Looks Beyond the Web   more similar news »
In the face of the expansion of the classified ads Web site Craigslist, its founder, Craig Newmark, is capitalizing on his success to promote causes he holds dear.
Mon May 12, 2008
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That Pundit on Fox News? An Upstart Named Rove   more similar news »
The bête noire of Democrats has turned pundit, and his old nemeses do not always know what to make of it.
Mon May 12, 2008
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Webdenda: Accounts, People, Miscellany   more similar news »
News about advertising.
Mon May 12, 2008
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Sam Zell's smooth Newsday move   more similar news »
Sam Zell is in a difficult spot. The real estate mogul turned newspaper baron borrowed $8.4 billion last December to finance his leverage buyout of the Tribune Co., owner of the Chicago Tribune and the Los Angeles Times. Now he's discovered the newspaper business is harsher than he expected. Zell is trying to sell some of his new company's assets to keep his creditors happy.

Mon May 12, 2008
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Sprint Nextel Posts Loss and Offers Gloomy Outlook   more similar news »
The wireless carrier said that its lackluster performance would continue in the coming quarters as it fights to keep customers and struggles with a merger that has not lived up to its promise.
Mon May 12, 2008
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Clear Channel surges on possible buyout   more similar news »
Read full story for latest details.

Mon May 12, 2008
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For HSBC, Asia Offsets Bad U.S. Loans   more similar news »
Europe’s biggest bank put aside $3.2 billion for bad loans in the United States in the first quarter, in line with its expectations.
Mon May 12, 2008
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Get ready for more bank failures   more similar news »
Bear Stearns may have been deemed too big to fail. But ANB Financial, a small bank in Arkansas, wasn't. And we might need to brace for even more bank shutdowns.

Mon May 12, 2008
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Overplaying their hand   more similar news »
There are different kinds of investors in the world. One kind is a long-term patient type who runs mutual funds for the average Joe. A second is a risk arbitrageur - known on Wall Street as an "arb" - who speculates on pending deals. When a proposed takeover surfaces and the target's stock price runs up, Mr. Patience tends to sell to the arbs, happy to take his profit and letting the arbs bear the risk of whether the deal gets done and at what price.

Mon May 12, 2008
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Setting the budget for your Web site   more similar news »
Dear FSB: We are in the market to have a Web site built. We are currently gathering proposals, but they range wildly, from $19,500 to $1,800. Help! What is the price range for a typical Web site construction in Maryland?

Mon May 12, 2008
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Source: Apple, HBO Content Deal Imminent   more similar news »
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Apple is close to announcing it has signed a deal to sell HBO programs and movies on the iTunes website, according to HBO employees involved in executing the agreement.

The deal marks the first time that Apple has agreed to a separate price structure for a content provider, one of the employees said.

The HBO insiders said that the new service would be launched and announced simultaneously, most likely in a week or two.

Details of the agreement are not yet known, but it is clear that HBO was able to secure better terms from Apple than other content providers, they said.

One possibility is that HBO programming will have a higher retail price than the flat $1.99 fee Apple currently charges for video content; another is that HBO will receive a larger cut of the same flat rate than other iTunes content providers receive.

Apple and HBO spokespeople did not return calls for comment on the deal.

NBC pulled its programming from iTunes last summer after Apple refused to charge more than $1.99 for that network's shows. In May, NBC struck a deal with Microsoft to sell its shows on the Zune website.

The HBO-Apple agreement is a strategic coup for both companies. Apple is trying to increase sales and awareness of its new Apple TV, a device that allows viewers to rent movies and buy content from your television. HBO wants to profit from its archive by letting fans buy old episodes of shows like Deadwood and The Larry Sanders Show.

The terms of this new deal could open a Pandora's box for iTunes. With the advent of pricing variation, movie studios and musicians will want to charge more for their big hits. Apple could be pressured to accept variable pricing for other content, a change it has resisted in the past.

HBO started an online download service earlier this year. It lets HBO subscribers watch 400 hours of programming a month and stream HBO's main channel. The service, called HBO on Broadband, is currently being tested in Wisconsin and will soon spread to other markets.

The deal with Apple is a more dramatic move for HBO, since the broadband service only allows current HBO subscribers to access the content. Selling through iTunes would let HBO tap everyone else.

In the past, HBO has been notoriously slow to offer content through new media, and the deal with Apple is a result of pressure from HBO's parent company, Time Warner, according to HBO employees.

Jeff Bewkes took over as Time Warner C.E.O. from Dick Parsons late last year.

"We should have done this a long time ago," said an HBO insider.


Mon May 12, 2008
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Supreme court upholds apartheid-era lawsuit   more similar news »
The Supreme Court - apparently handcuffed by possible conflicts of interest - has allowed a multibillion-dollar federal lawsuit from South African blacks and others to proceed. The suit claims U.S. and foreign companies should be held liable for helping the former white-led apartheid government.

Mon May 12, 2008
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No Housing Woes for Rich and Famous   more similar news »
What housing slump? The N.Y. real estate market and celebrities still mix.
Mon May 12, 2008
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DealBook: MBIA Posts $2.4 Billion Loss for 1st Quarter   more similar news »
The loss, amid a credit crisis that has roiled the subprime-based instruments that MBIA had insured, is a stark reversal from the $198.6 million it earned at the same time last year.
Mon May 12, 2008
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