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New Orleans May Elect First White Mayor In Decades

The crowded field to replace New Orleans Mayor Ray Nagin grew smaller this month when the leading African-American candidate withdrew from the race. His departure took the city by surprise, and raised the prospect that the city’s next mayor will be white. » E-Mail This      » Add to Del.icio.us

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GM: Hundreds of dealerships could be restored

DETROIT – (AP) Hundreds of the 1,350 General Motors Co. dealers who lost their franchises last year could see them restored in a congressionally mandated arbitration process that begins later this month, the company’s interim CEO said Wednesday. CEO and Chairman Ed Whitacre Jr. Read more here: GM: Hundreds of dealerships …

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Will latest jobs bill really produce jobs?

WASHINGTON – (AP) When the Senate takes up a jobs bill later this month or early in February, the debate will center on whether it really will create jobs and be worth plunging the government tens of billions of dollars further into debt. Follow this link: Will latest jobs bill really …

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CEO: GM to repay government loans by end of June

DETROIT – (AP) General Motors Co. plans to pay all of its $6.7 billion in government loans by the end of June, Chairman and CEO Ed Whitacre Jr. said Tuesday. The automaker plans to make quarterly installments starting this month with a $1.2 billion payment, Whitacre said. He said G Read …

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Get Those End-Of-Year CLE Credits – At Half Price

Scurrying to get those end-of-year CLE credits? Beginning Monday, Dec. 7, and for the rest of the month, the LexisNexis Communities are offering a 50 percent discount on online CLE courses to anyone who buys two or more courses. Half off! Visit the Continuing Legal Education Por Here is the original …

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New York Lawmakers Reject Gay Marriage Bill

The Senate decision Wednesday comes after months of delays and arm twisting of lawmakers sympathetic to the bill but representing conservative districts. It follows a referendum in Maine earlier this month that struck down a gay marriage law before it took effect. » E-Mail This      » Add to Del.icio.us

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Slow Month for Retailers, but Strong Finish Is Seen

Retailing analysts said sales declines were minor and that many consumers were saving their strength for the day after Thanksgiving. Read the original: Slow Month for Retailers, but Strong Finish Is Seen

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Another Good Month for Senate GOP Fundraising (CQPolitics.com)

CQPolitics.com – The National Republican Senatorial Committee outraised its partisan counterpart in October — but the Democratic operation ended up with roughly twice as much cash in the bank. Follow this link: Another Good Month for Senate GOP Fundraising (CQPolitics.com)

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CIT Group Says 3Q Loss Widened to $1.07 Billion

Small business lender filed for bankruptcy protection earlier this month. CitGroup – Bankruptcy – Law – Services – Lawyers and Law Firms Originally posted here: CIT Group Says 3Q Loss Widened to $1.07 Billion

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GM readies Opel plan, workers strike (Reuters)

Reuters – General Motors Co on Thursday said it was readying a plan to restructure Opel and could pay off debt due this month as German workers went on strike to protest the automakers decision to keep the European unit. Link: GM readies Opel plan, workers strike …

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