U.S.
Senate Begins Debate Next Month on $848 Billion U.S. Health-Care Overhaul Democrats united to bring a sweeping
health-care plan to the U.S. Senate floor in a party-line vote
that kept Republicans from blocking debate on President Barack
Obama’s top domestic initiative.
Bank of America May Name Stopgap CEO to Allow Board More Time for Search Bank of America Corp.’s board may
extend its search for a new, permanent chief executive officer
into 2010 if directors can’t settle on a candidate in the next
four days, according to people familiar with the matter.
Oracle $7.4 Billion Sun Takeover May Be Blocked by EU on Competition Issue Oracle Corp.’s planned $7.4 billion
purchase of Sun Microsystems Inc. may be blocked by European
Union regulators because of concerns Oracle might be able to
eliminate Sun’s MySQL database product as a competitor,
according to an EU document.
Nestle Said to Consider Options for Cadbury, May Challenge Kraft, Hershey Nestle SA is weighing options
including a possible bid for Cadbury Plc that would challenge
Kraft Foods Inc.’s offer and a potential move by Hershey Co.,
according to two people with knowledge of the matter.
Reliance Industries Makes Preliminary Offer for Control of LyondellBasell Reliance Industries Ltd., owner of
the world’s largest oil-refining complex, made a cash offer to
buy a controlling stake in closely held LyondellBasell
Industries AF, the bankrupt chemicals and fuels maker.
Fed Makes Monitoring Capital Adequacy Foremost Concern Amid Talk of Bubble Federal Reserve officials are
stepping up scrutiny of the biggest U.S. banks to ensure the
lenders can withstand a reversal of soaring global-asset prices,
according to people with knowledge of the matter.
U.S. Two-Year Treasury Yields Fall to Lowest This Year on Refuge Buying Treasury two-year note yields fell
to the lowest level this year on concern the rally in risk
assets has outpaced growth prospects and as Federal Reserve
officials signaled interest rates will remain near zero.
Summit's `New Moon' Earns $72.7 Million for One-Day U.S. Box-Office Record Summit Entertainment LLC’s “The
Twilight Saga: New Moon” earned an estimated $72.7 million in
receipts on its opening day, a box-office record, researcher
Hollywood.com Box-Office said today.
Sands China Raises $2.5 Billion in Hong Kong Offering at Low End of Range Sands China Ltd. and its parent Las
Vegas Sands Corp., the casino company controlled by billionaire
Sheldon Adelson, raised HK$19.4 billion ($2.5 billion) in a Hong
Kong share sale conducted at the low end of the offered range.
Station Casinos Judge Says Bankruptcy Probe Unneeded, Rejects Boyd Motion Station Casinos Inc. doesn’t need an
examiner to investigate how the company is handling its
bankruptcy, the judge overseeing the case said, rejecting part
of the takeover strategy pursued by Boyd Gaming Corp.
Obama Says Exports Are Key to U.S. Job Creation, Were Focus of Asian Trip President Barack Obama said he
focused much of his recent week-long trip to Asia on exploring
ways to increase U.S. exports and thereby create jobs.
Harvard, MIT, Yale Students Lead Recipients of Rhodes Scholarships in U.S. Students from Harvard University won
five Rhodes Scholarships and those from the Massachusetts
Institute of Technology were awarded three, leading the 32 U.S.
recipients of the award for 2010.
Higher Taxes on Wealthy May Be Needed to Cover Afghan War Cost, Levin Says Higher-income Americans should be
taxed to pay for more troops sent to Afghanistan and NATO should
provide half of the new soldiers, said Carl Levin, chairman of
the Senate Armed Services Committee.
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