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Losses for U.S. Thrifts WidenThe U.S. thrift industry posted a $5.4 billion loss in the second quarter, the second largest on record, as institutions continued to grapple with mounting mortgage defaults. ... |
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ExxonMobil Case Moves AheadA U.S. judge refused to throw out a lawsuit charging that ExxonMobil is liable for alleged killings and torture committed by Indonesian soldiers guarding a natural gas plant in the Aceh province. ... |
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Hijackers Release All PassengersHijackers who commandeered a Sudanese plane released all hostages and surrendered to authorities in Libya. ... |
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SEC Lays Out Accounting ShiftThe SEC floated a plan that could require U.S. companies to switch to international accounting rules, starting in 2014, and permit others to make the switch sooner. ... |
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Chrysler Weighs Viper OptionsChrysler will explore options for the Dodge Viper hot-rod as the auto maker focuses on its core business and struggles to overcome its dependence on gas-guzzling trucks and SUVs. ... |
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Gustav Track Points to Gulf CoastGustav swirled toward Cuba after triggering flooding and landslides that killed at least 11 people in the Caribbean. The tentative forecast track pointed toward the U.S. Gulf coast, including Louisiana where Hurricane Katrina wreaked havoc three years ago. ... |
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