Buffett makes $142M bet on newspaper industry
msnbc - 05/17/2012 08:07
Warren Buffett's Berkshire Hathaway is making another bet on the newspaper industry, with a deal to buy the majority of Media General Inc's papers for $142 million in cas...
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Study finds abuses in warehouse industry
LaTimes - 05/17/2012 08:07
L ogistics, the art of bringing socks and TVs and carrots from where they're made to a store near you, is a trillion-dollar industry in the U.S., and continuing to grow.
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Freddie Mac: 30-year fixed mortgage hits new record low at 3.79%
LaTimes - 05/17/2012 08:07
OK, maybe it's not as jaw-dropping as crashing the 5% or the 4% barrier. But Freddie Mac says 30-year mortgage rates have fallen below 3.8% for the first time to average ...
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Acura recalls over 56,000 sedans in North America
msnbc - 05/17/2012 07:49
Honda's Acura brand is recalling 56,881 TL sedans from model years 2007 and 2008 in North America to replace a power steering hose that could leak over time and potential...
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Pinterest joins ranks of $1 billion start-ups
msnbc - 05/17/2012 07:35
With pre-IPO buzz about Facebook at fever pitch, it would be easy to overlook Pinterest's growing appeal. But a huge new infusion of cash has given the company a boost.
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Stocks open slightly lower in early trading on Wall Street
LaTimes - 05/17/2012 07:35
U.S. stock indexes opened slightly lower on Wall Street as the federal government reported that new unemployment claims held steady last week.
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Stocks struggle amid fears about Europe
msnbc - 05/17/2012 07:00
Stocks were struggling Thursday, as investors focused on concerns about Spain's economy and banking system and reacted to headlines from Greece.
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Goldman could make $1.09 billion in Facebook IPO
msnbc - 05/17/2012 07:00
Goldman could be one of the biggest beneficiaries of the Facebook IPO. The investment bank plans to cash out 43 percent of its 65.9 million shares it owns in the social n...
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Wal-Mart's profit up 10.1%
LaTimes - 05/17/2012 06:56
Wal-Mart Stores Inc. reported a 10.1 percent increase in first-quarter profit that beat Wall Street estimates as its re-emphasis on low prices drove bargain-hungry U.S. s...
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U.S. unemployment aid applications stay at 370,000
LaTimes - 05/17/2012 06:49
The number of people seeking unemployment benefits was unchanged last week, suggesting steady gains in the job market.
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Sears Holdings returns to a profit in 1st quarter
LaTimes - 05/17/2012 06:49
Sears Holdings Corp. returned to a first-quarter profit, benefiting from a gain on the sale of some stores.
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Flat jobless claims raise worries about job market
msnbc - 05/17/2012 05:49
New claims for unemployment benefits were unchanged last week, according to government data that will do little to ease concerns about a recent slowdown in jobs growth.
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SAG-AFTRA merger opponents to drop lawsuit
LaTimes - 05/17/2012 05:07
Opponents of the recently ratified merger between the Screen Actors Guild and the American Federation of Television and Radio Artists have agreed to drop their legal chal...
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Facebook hires entire staff of startup
LaTimes - 05/17/2012 05:07
Bringing on the seven-person team of Lightbox, known for its Android photo sharing app, is seen as a move to beef up Facebook's mobile offering. It has had trouble profit...
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Good deals can be found on new cars just before model is updated
LaTimes - 05/17/2012 05:07
If you want to save money on a new car, look for an older model that is about to be replaced.
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Auto review: 2013 Subaru BRZ is an honest-to-goodness sports car
LaTimes - 05/17/2012 05:07
Don't let the low horsepower fool you. The Subaru BRZ offers good, clean thrills from a car not unlike a bigger, more refined go-cart. You look fat in that. Of course I'l...
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New alternative fuels station opens in Fullerton
LaTimes - 05/17/2012 05:07
The Propel Clean Mobility Center on Chapman Avenue offers gasoline as well as E85 ethanol and biodiesel.A gas station that also offers E85 ethanol and biodiesel fuels has...
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Wall Street still focused on Europe
msnbc - 05/17/2012 04:42
Following four days of losses on the S&P 500, trading Thursday is expected to be once again dictated by developments in Europe.
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Wal-Mart profit jumps, boosted by US sales
msnbc - 05/17/2012 06:07
Wal-Mart posted a better-than-expected quarterly profit on Thursday, including a 2.6 percent rise in sales at its Walmart U.S. division's stores open at least a year.
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The condo that's home to 'Fifty Shades of Grey'
msnbc - 05/17/2012 05:07
Banned, embraced and parodied for its graphic sexual content, "Fifty Shades of Grey," is fiction, but the home much of it takes place in is real. A luxury condominium in ...
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Rising wealth in China fails to buy more happiness
msnbc - 05/17/2012 05:07
Sometimes more money just buys more unhappiness. Take China, for example. Everyone assumed that people would get happier as their wallets got fatter. But a new study sho...
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Skechers agrees to pay $50 million to settle toning-shoe cases
LaTimes - 05/17/2012 05:07
Skechers had been accused of false advertising by the Federal Trade Commission, 44 states and the District of Columbia. Most of the money will go toward partial refunds t...
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Activision and EA settle, but Call of Duty trial to go forward
LaTimes - 05/17/2012 05:07
Video game giants Activision Blizzard Inc. and Electronic Arts Inc. have settled their litigation as a larger trial over the Call of Duty video game franchise is schedule...
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Southern California housing data signal turnaround
LaTimes - 05/17/2012 05:07
The median home price in Southern California in April rises for the first time since 2010 and fewer sales involve foreclosures.Southern California's housing market showed...
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Facebook IPO fuels Bay Area spending boom
LaTimes - 05/17/2012 05:07
The company's employees and investors are spending in advance of their big payday, fueling an economy that's already humming thanks to the Bay Area's thriving technology ...
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Facebook IPO: Buy early or wait and see?
LaTimes - 05/17/2012 05:07
High investor demand prompted Facebook to raise its expected IPO price. But there were signs this week that the smart money is already heading for the exits.Facebook Inc....
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Facebook's marketing payoff: Reality or fantasy?
msnbc - 05/16/2012 12:28
GM is living in the past if it expects quick returns from Facebook ads similar to the results from television ads or rebate promotions. Social media just doesn't work lik...
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How to manage a micromanager
msnbc - 05/16/2012 10:28
Often a micromanager's need for control stems from insecurity: lack of confidence, workplace instability and pressure to produce â€" both individually and as a team.
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The world braces for messy impact from Greece
msnbc - 05/16/2012 10:14
As Greece teeters on the edge of financial collapse, European officials have a new task before them: preventing the financial turmoil from spreading around the rest of th...
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These coffee makers get your fix on budget
msnbc - 05/16/2012 10:07
Single-cup pod brewers are seducing a growing number of coffee drinkers with their convenience: Simply choose a coffee pod, pop it in, and press a button.
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Facebook investors to cash out more shares
msnbc - 05/16/2012 08:28
Insiders and early Facebook investors will be unloading more of their shares in the initial public offering, the company said Wednesday, as they take advantage of investo...
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BMW, Mercedes look to grow by shrinking
msnbc - 05/16/2012 07:21
Sometimes you have to think small to grow bigger. Hoping to lock down its position as the U.S. luxury market leader, BMW is getting ready to introduce some of the smalles...
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Back from foreclosure to homeownership
msnbc - 05/16/2012 07:21
When Jennifer Anderson's family could no longer afford their mortgage and lost their home, she expected many years to pass before they would again become property owners.
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