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This is what’s in the news for Thursday, July 7th. The Wall Street Journal reports that Christine Varney, the assistant attorney general who led the Obama administration's drive to reinvigorate antitrust enforcement, plans to step down next month to join law firm Cravath, Swaine & Moore. Her departure comes as the Justice Department is conducting several high-profile merger reviews, including AT&T's (NYSE:T) $39B purchase of Deutsche Telekom's (PINK:DTEGY) T-Mobile USA. Bloomberg reports that Bank of America (NYSE:BAC), JP Morgan Chase (NYSE:JPM) and three other U.S. mortgage servicers are in advanced talks to resolve state and federal claims over faulty foreclosures. Reuters reports that Live Nation Entertainment's (NYSE:LYV) largest shareholder says the company would benefit from being taken private, adding that the company, which is struggling with a weak U.S. economy, could turn around its business more effectively in private hands. Finally, The Wall Street Journal reports that Citigroup (NYSE:C) plans to increase the number of its China outlets by 50% this year, and will explore more inland cities and populous rural areas.
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Video Length: 0
Date Found: July 08, 2011
Date Produced: July 08, 2011
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Voxant Newsroom |
July 16, 2011
Activist Investor Carl Icahn disclosed that on July 14, he sent a letter to Donald Knauss, CEO of Clorox (NYSE:CLX) with a proposal to acquire all of the issued and outstanding shares not owned for $76.50 per share net in cash. Icahn also disclosed that his affiliates have obtained a highly ...
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Voxant Newsroom |
July 16, 2011
tonight we get reaction from the firefighters union and the mayor to public safety director darren white’s abrupt retirement today. white was dogged by questions all week about a minor crash his wife was in---and why he drove her to the hospital instead of waiting for an ambulance. eddie garcia ...
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Voxant Newsroom |
July 16, 2011
Good Morning. It’s Friday, July 15, 2011. At this hour, U.S. equity futures are higher. Overseas, the Asian markets mixed, while the European markets are down. News Corp. (NASDAQ:NWSA) announced the appointment of Tom Mockridge as CEO of News International effective immediately following the ...
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Voxant Newsroom |
July 16, 2011
This is what’s in the news for Friday, July 15th. The Wall Street Journal reports that Credit Suisse Group (NYSE:CS) is the target of a U.S. Justice Department investigation into hidden Swiss offshore accounts for wealthy Americans. The Wall Street Journal reports that the Obama Administration ...
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Voxant Newsroom |
July 15, 2011
Busy schedules shouldn’t mean a scarce social life. Teri Gault from thegrocerygame.com gives you tips on how to prep your home to be "magazine-ready" even within the shortest of time frames.
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