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Disney sells Miramax for $660 mil – Yahoo Finance
The entertainment giant is selling its Miramax Films to investor group Filmyard. Walt Disney (NYSE: DIS - News ) had been looking to sell Miramax amid an overhaul because it no longer resonated with its other family-centric studio units, such as Pixar ... »
White House: The GM and Chrysler Bailouts Created 55,000 Jobs – Daily Finance
President Barack Obama will be in Detroit on Friday to tout the success of one his administration's more controversial decisions -- the bailouts of General Motors and Chrysler. Both automakers were facing bankruptcy last year when the federal governmen... »
Charles Rangel Faces Congressional Ethics Trial – Daily Finance
Rep. Charles Rangel, the New York Democrat who has represented Harlem for four decades, will face a rare trial before the House Ethics Committee on 13 charges that he misused his position as the powerfu l chairman of the House Ways & Means Committee. T... »
Senate Republicans Block Small Business Aid Bill – Daily Finance
Amid intense partisan sniping, legislation to provide aid for small businesses teetered on the verge of collapse Thursday as Senate Republicans blocked the measure from reaching a final vote. Democrats say the bill is necessary to spur hiring and help ... »
Tennessee Driver License Practice Test Now Available for the iPad & iPhone – Yahoo Finance
NASHVILLE, Tenn.--(BUSINESS WIRE)--The Tennessee Department of Safety and the TN.gov team are pleased to announce the availability of the driver license practice test application for the new iPad and iPhone. The driver license practice test can now be ... »
Immigrants drive EU population beyond half-billion – Yahoo Finance
BRUSSELS (AP) -- The European Union's population has crossed the half-billion mark and the growth has come mostly from immigration, the Eurostat statistics agency said Tuesday. As of Jan. 1, the 27-nation bloc had a population of 501.1 million -- up 1.... »
FedEx Corp. Increases Earnings Outlook – Yahoo Finance
MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corporation (NYSE: FDX - News ) today announced that it expects earnings to be in the range of $1.05 to $1.25 per diluted share for the first quarter ending August 31, up 81% to 116% from $0.58 per diluted share a... »
Report: China tells finance agencies to limit risk – Jefferson City News Tribune Online
BEIJING (AP) -- The investment arms of Chinese local governments are being told to report how they will limit financial risks as a cleanup of the system begins, a state newspaper said Monday, amid concern banks might be hurt if they cannot repay multib... »
Bernanke: The Fed Is Ready to Act if the Economy Slows – Daily Finance
Federal Reserve Chairman Ben Bernanke wrapped up two days of testimony on Capitol Hill Thursday by reasserting the central bank's commitment to take further action if the the U.S. economy either slows substantially or grows too quickly, risking rising ... »
Democrats Pass Key Hurdle on Unemployment Benefits – Daily Finance
It's all academic from here. Minutes after swearing in new Senator Carte Goodwin of West Virginia, Senate Democrats moved swiftly to send an extension of long-term unemployment insurance -- which has quickly become a red-hot political issue -- to an up-or-down vote. Some 2.5 million people have seen ... »