Children’s Investment Fund Takes Stake in News Corp.
Date: 15 November 2011
By Mark Scott
Mark Scott
The Children’s Investment Fund, run by the British fund manager Chris Hohn, has acquired an $833 million stake in News Corporation, even as police investigations about the media company’s illegal phone-hacking practices continue on both sides of the Atlantic.
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After $5.1 Billion Loss, Postal Service Predicts Weaker 2012
Date: 16 November 2011
By Bloomberg News
Bloomberg News
The service, which is delivering fewer letters and packages, would have posted billions more in losses if not for a delay in a benefits payment, which will be made in 2012.
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Markets Fall on Report of Risk to U.S. Banks
Date: 16 November 2011
By Bloomberg News
Bloomberg News
Stocks tumbled on Wednesday as Fitch Ratings said banks in the United States could be hurt by the debt crisis in Europe.
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Dell’s Profit Improves as Sales Miss Expectations
Date: 16 November 2011
By Bloomberg News
Bloomberg News
Dell reported revenue that was slightly lower than Wall Street expectations, hurt by lower sales to consumers.
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Charlie Rose and Gayle King Join ‘The Early Show’ on CBS
Date: 15 November 2011
By Brian Stelter
Brian Stelter
Charlie Rose and Gayle King will lead a top-to-bottom reboot of “The Early Show,” CBS News announced Tuesday.
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Solyndra Was Asked to Delay Layoff News Till After Midterms, Memo Says
Date: 16 November 2011
By Matthew L. Wald
Matthew Wald
Energy Secretary Steven Chu has been asked to testify on the failed solar equipment company before a House subcommittee.
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Cuomo Sees Budget Gaps This Year and Next
Date: 15 November 2011
By Thomas Kaplan
Thomas Kaplan
Gov. Andrew M. Cuomo said that lower-than-expected revenues and market volatility had led officials to project a shortfall of $350 million in the current fiscal year.
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CBS Details Its Broad Overhaul of ‘The Early Show’
Date: 16 November 2011
By Brian Stelter
Brian Stelter
The No. 1 prime-time network is hoping to change its fortune in the morning with a program that departs from the lighter fare of its higher-rated daytime rivals.
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Departures Unsettle Newsweek
Date: 15 November 2011
By Jeremy W. Peters
Jeremy Peters
Three high-level departures are the latest sign that the Newsweek-Daily Beast merger is not going as planned.
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Reporters Say Police Denied Access to Protest Site
Date: 15 November 2011
By Brian Stelter and Al Baker
Brian Stelter
Members of the news media say police blocked them from observing the removal of Occupy Wall Street protesters. Mayor Bloomberg said the police acted to “protect members of the press.”
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