20100730

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Small-business loan bill is blocked (Jul-30, 03:48 EDT )-- WASHINGTON - President Barack Obama's election-year jobs agenda suffered a new setback Thursday when Senate Republicans blocked a bill creating a $30 billion government fund to help open up lending for credit-starved small businesses.


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Nuclear Woes Hurt Bottom Line at E.D.F. (Jul-30, 09:39 EDT )-- Éléctricité de France cited costs related to its U.S. nuclear ventures and the construction of its latest generation nuclear power plant in France, which will be delayed until 2014.


Economy Grew at Rate of 2.4% in Quarter (Jul-30, 09:36 EDT )-- The government on Friday also revised growth in the first quarter to 3.7 percent, higher than the previous estimate.


Google Search Engine Is Blocked in China (Jul-30, 09:30 EDT )-- Google said it was the first time the site had been blocked since March.


Wall Street Slips After U.S. Data on Growth (Jul-30, 09:20 EDT )-- Investors were particularly fretful about the G.D.P. report because it comes at the end of a run of worse than expected economic data and a warning from the Fed.


Disney Sells Miramax for $660 Million (Jul-30, 08:30 EDT )-- The deal ends a laborious bidding process that saw the label’s co-founders, Harvey and Bob Weinstein, fall short in their attempt to regain control.


Health Care Fight Heats Up Over New Tax Report Repeal Effort (Jul-30, 08:17 EDT )-- A battle is being waged by small businesses, accountants, and members of Congress to repeal a new tax reporting requirement in the health law. But it could raise $16 billion for the government.


SEC Cites Brothers In $550 Million Insider Scheme (Jul-30, 07:44 EDT )-- Sam and Charles Wyly, Dallas billionaire investors known for their support of conservative candidates and causes, made $550 million in undisclosed profits through 13 years of insider trading, according to a Securities and Exchange Commission lawsuit....


Pace Of Economic Recovery Slows (Jul-30, 07:36 EDT )-- U.S. growth slowed to a 2.4 percent rate in the second quarter, the weakest pace in nearly a year. That compares with the upwardly revised 3.7 percent increase in the first quarter of this year.


Are We a Nation of Property Owners? (Jul-30, 07:19 EDT )-- Whatever people's political beliefs about the role of government, they are likely to continue to rely on the government for retirement benefits and health care, an economist writes.


Why Same Hotel Rooms Generate Different Tax Bills (Jul-30, 07:01 EDT )-- Depending on how you make your reservation could determine how much a city is able to collect.


The Owner Made a Promise: No Layoffs (Jul-30, 06:00 EDT )-- Turning the recession into a growth opportunity.


Cities, Websites And Hotels At Odds Over Taxes (Jul-30, 05:45 EDT )-- Online travel companies such as Orbitz and Expedia don't believe they need to collect taxes on the full amount they charge for hotel rooms. This has led to a big lobbying fight in Congress and dozens of lawsuits nationwide.


Disney Sells Miramax For $660M (Jul-30, 03:43 EDT )-- The New York Times and Los Angeles Times report that Disney signed the agreement late Thursday with Filmyard Holding. The investor group is led by construction magnate Ronald Tutor.


Pricing The Non-Human Cost Of BP Spill (Jul-30, 03:00 EDT )-- BP has spent more than $4 billion cleaning up the oil spill. But what about the non-human cost. How much should BP pay for dead and injured animals?


Is Auto Recovery Here To Stay? (Jul-30, 03:00 EDT )-- President Obama on Friday wants to call attention to the successes of the bailed-out companies by visiting automakers in Michigan. Micheline Maynard, who has covered the industry for more than two decades, discusses whether or not the good news in...


Microsoft Bing Cashback Program Ends (Jul-30, 03:00 EDT )-- Microsoft is pulling the plug Friday on a program that paid people to use its Bing search engine. The company said it did not see the broad adoption of the search engine that it had hoped for.


Disney Sells Miramax (Jul-30, 03:00 EDT )-- Miramax will no longer be part of Disney's entertainment empire. The Walt Disney Co. said it has sold the film studio -- famous for offbeat hits like Pulp Fiction -- to an investment company partly run by a construction magnate.


Silicon Valley Venture Capitalists Are Feeling Glum (Jul-30, 00:56 EDT )-- Confidence among venture capitalists in Silicon Valley weakened in the second quarter, according to a new industry report, as concerns over financing, the economy and new regulations added to an already tough working environment.


Advertising: Barnes & Noble Plans Big Push for Nook E-Reader (Jul-30, 00:30 EDT )-- In-house boutiques are Barnes & Noble’s latest front in the battle with Amazon over their competing e-reader devices.


Justice Joins Suit Accusing Oracle of Fraud (Jul-30, 00:30 EDT )-- In a civil suit, the department said Oracle failed its contractual duty to give the government the same discounts it gave commercial customers.


U.S. Is A Spicier Nation (Literally) Since 1970s (Jul-29, 23:49 EDT )-- Americans' spice consumption has grown almost three times as fast as the population in recent decades. Much of that growth is due to the country's changing demographics. Now, flavors that were once exotic and rare are found on the shelves in many...


Optimism Revs Up At GM, Chrysler Plants (Jul-29, 23:01 EDT )-- President Obama visits GM and Chrysler auto plants in Detroit on Friday to call attention to the successes -- so far -- of the bailed-out companies. A White House report says the industry has added 55,000 jobs, GM will stay open during its usual two...


New York Launches Probe Of Life Insurance Industry (Jul-29, 22:08 EDT )-- The attorney general's office is investigating whether insurers are profiting off of grieving families by placing funds from life insurance policies into potentially risky accounts that they control. Andrew Cuomo said his office had served subpoenas on...


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