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Dow Leaps in Skeptics' RallyOvercoming their growing concerns that the broad financial-market rally could end badly, investors plowed more money into U.S. and foreign stocks, gold, oil, copper and junk bonds. The Dow surged to its highest level in 13 months. ... |
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Google, Verizon Deepen TiesVerion Wireless and Google are counting on an unlikely but growing friendship between their CEOs as they look to challenge AT&T and Apple's iPhone. ... |
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Eni Faces Threat to Gas NetworkThe Italian energy giant Eni will respond Nov. 27 to allegations it restricted European pipeline competition. ... |
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U.K. Retailers, Housing Show GainsImportant parts of the British economy appear to be in recovery, with surveys showing a strong pickup in retail sales and housing-market sentiment in October. ... |
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Buffett to Sell UNP, Norfolk StakesBurlington Northern's CEO said Berkshire Hathaway is completely liquidating its stakes in rival railroad companies Norfolk Southern and Union Pacific. ... |
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Sprint to Cut Up to 2,500 JobsSprint Nextel said it plans to cut 2,000 to 2,500 workers by year's end as the struggling cellphone-service provider looks to cut annual costs by at least $350 million. ... |
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