Business Stories from September 12, 2010 (Change date)
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Tribune creditors seek to sue shareholders, ZellSep 12, 2010 11:00 pm - Tribune Co. creditors asked a judge to let them sue real-estate billionaire Sam Zell, who took the newspaper publisher private in 2007 for more than $8 billion, and shar...
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White House hopes GOP will accept tax cutsSep 12, 2010 11:00 pm - WASHINGTON -- White House press secretary Robert Gibbs says the Obama administration hopes the top House Republican is serious about supporting renewed tax cuts for the ...
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Banks get years to adjust to new global rulesSep 12, 2010 11:00 pm - BASEL, Switzerland -- Bankers and analysts said new global rules could mean less money available to lend to businesses and consumers, but praised a decision to give them...
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Budget deficit on pace to hit $1.3 trillionSep 12, 2010 11:00 pm - WASHINGTON -- The federal government is on track to record the second-highest deficit of all time with one month left in the budget year. The Treasury Department says th...
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Ex-IBM exec gets 6 months in prisonSep 12, 2010 11:00 pm - NEW YORK -- Former IBM executive Robert Moffat has been sentenced to six months in prison for his role in what prosecutors call the biggest hedge fund insider trading ca...
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Discover to sell $500 million of bonds backed by credit cardsSep 12, 2010 11:00 pm - Discover Financial Services plans to sell $500 million of bonds backed by credit-card payments, according to a person familiar with the offering who declined to be ident...
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Hewlett-Packard buying ArcSight for $1.5 billionSep 12, 2010 11:00 pm - NEW YORK -- Hewlett-Packard Co. has agreed to buy the security software provider ArcSight for about $1.5 billion, the company said Monday as it extends a recent spree of...
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Horace Mann CEO guilty of DUISep 12, 2010 11:00 pm - Horace Mann Educators Corp., the insurer that sells policies to public-school employees, said Chief Executive Officer Louis Lower was placed on leave after pleading guil...
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EPA: Suburban oil pipeline leak stopped but gas prices gushingSep 12, 2010 11:00 pm - Federal authorities said it may be weeks before oil starts flowing again through a ruptured pipeline in Romeoville that is blamed for sharply rising gasoline prices in t...
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3 O'Hare flights in July exceeded delay limitsSep 12, 2010 11:00 pm - AMR Corp.'s Eagle unit was the only U.S. carrier to report tarmac delays exceeding federal limits in July, with three flights, Transportation Department data showed. The...