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Justice OKs Ticketmaster-Live Nation merger

The Justice Department gave conditional approval Monday to Ticketmaster’s proposed merger with Live Nation, saying the government’s requirements in a proposed settlement will protect U.S. See the original post here: Justice OKs Ticketmaster-Live Nation merger

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AP: 2009 bankruptcies total 1.4 million, up 32 pct

RALEIGH, N.C. – (AP) U.S. consumers and businesses are filing for bankruptcy at a pace that made 2009 the seventh-worst year on record, with more than 1.4 million petitions submitted, an Associated Press tally showed Monday. The AP gathered data from the nation’s 90 bankruptcy dist Continue reading here: AP: 2009 …

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Obama: Al-Qaida Link To Christmas Bomb Suspect

President Barack Obama laid blame Saturday on an al-Qaida affiliate for a Christmas Day terrorist attack that has prompted a top-to-bottom review of how the nation’s intelligence agencies failed to prevent the botched bombing aboard a Detroit-bound airliner. » E-Mail This      » Add to Del.icio.us

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AP-GfK Poll: 2009 was bad for America, Americans

DATELINE: WASHINGTON (AP)– AP-GfK Poll: 2009 was bad for America, Americans For all their differences, Americans largely agree on two things: 2009 was a lousy year for the nation, and 2010 is likely to be better. Nearly three-fourths of Americans think 2009 was a bad year for the country, which …

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Small-business bankruptcies rise 81% in California

With credit tight and consumers still pinching their pennies, many business owners find they can’t go on. The Obama administration’s new plan to give a boost to small businesses reflects continued trouble in that sector, which is facing new failures even as much of the nation’s economy is stabilizing. Read …

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Small business bankruptcies rise 81% in state

With credit tight and consumers still pinching their pennies, many business owners find they can’t go on. The Obama administration’s new plan to give a boost to small businesses reflects continued trouble in that sector, which is facing new failures even as much of the nation’s economy is stabilizing. See …

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Citadel Broadcasting files Chapter 11 bankruptcy

(AP) Citadel Broadcasting Corp., the nation’s third-largest radio broadcasting company, filed for Chapter 11 bankruptcy protection on Sunday in an effort to restructure its hefty debt load as it continues to face declining advertising revenue. Citadel owns and operates 224 radio stations, More: Citadel Broadcasting files Chapter 11 bankruptcy

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Obama To Push ‘Fat Cat’ Bankers To Lend More

President Obama meets with representatives of the nation’s biggest banks Monday, and he could have some sharp words for them. Over the weekend, the president expressed exasperation with bankers on Wall Street. In an interview with CBS’s 60 Minutes, Obama called the bankers “fat cats.” He also praised the House of Representatives for passing a bill imposing new regulations on financial firms. » E-Mail This      » Add to Del.icio.us

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CIT Group To Exit Bankruptcy Protection

CIT Group Inc., one of the nation’s biggest lenders to small and mid-sized businesses, said a judge approved its reorganization plan and it plans to emerge from bankruptcy protection on Thursday. E-Mail This Add to Del.icio.us Read the original post: CIT Group To Exit Bankruptcy Protection

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U.S. cuts estimate of bank bailout costs

WASHINGTON (Reuters) – The projected long-term cost of the government’s bailout of the nation’s big banks is going to be at least $200 billion less than previously thought, a U.S. Treasury Department official said on Sunday night. Read more from the original source: U.S. cuts estimate of bank bailout costs

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