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  • Japan now struggles with deflation - Fri, 20 Nov 2009 16:18:54 GMT
    Bank of Japan upgrades view on economy, keeps rates at 0.1%; finance minister says Japan is in deflation and wants central bank to 'respond appropriately' Leika Kihara TOKYO - The Bank of Japan upgraded its economic assessment on Friday, setting itself up for a confrontation with a government pressing for a policy response to deflation and a ...
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    Ex-McKesson Chairman Is Found Guilty of Fraud - Fri, 20 Nov 2009 02:28:13 GMT
    A federal jury found the former chairman of McKesson guilty of fraud on Thursday, nearly 10 years after he played a central role in a costly corporate accounting scandal.
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    Ohio Sues Credit Rating Agencies - Fri, 20 Nov 2009 19:38:14 GMT
    The attorney general of Ohio sued the country's largest credit rating agencies on Friday, alleging that they had cost state retirement and funds some $457 million by approving high-risk Wall Street securities that went bust in the financial collapse.
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    Fears of 'Lost Decade' Grow for British Economy - Fri, 20 Nov 2009 19:08:12 GMT
    The prospect of a period of Japan-like outcome in Britain was aired last month by a member of the monetary policy committee of the Bank of England, above.
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    Oprah Winfrey to announce Friday show will end in 2011 - Fri, 20 Nov 2009 15:43:28 GMT
    In this May 22, 1990 file photo, Comedian Bob Hope laughs with television talk show host Oprah Winfrey during the taping of the Oprah Winfrey Show in Chicago.
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    Wall Street expects another down day - Fri, 20 Nov 2009 13:59:39 GMT
    Stocks are set to continue their slide when the market opens today as the dollar strengthens further, and after a week of mixed economic reports.
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    Oprah Winfrey to announce Friday show will end in 2011 - Fri, 20 Nov 2009 02:18:16 GMT
    Oprah Winfrey's production company says Winfrey will announce Friday that her talk show will end in 2011 after its 25th season on the air.
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    For Citi, Less Sting From a Painful Bet - Fri, 20 Nov 2009 06:48:15 GMT
    Citigroup stopped dancing to the music of the credit boom shortly after it backed the leveraged buyout of EMI, the British music company, in 2007.
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    U.S. Teaches Carmakers Capitalism - Fri, 20 Nov 2009 04:28:15 GMT
    When the American auto industry was owned by investors, it acted like a government enterprise.
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    House panel approves Fed audits - Fri, 20 Nov 2009 19:24:35 GMT
    A congressional panel approved a bill that would put the traditionally independent U.S. Federal Reserve under closer scrutiny of politicians.
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