Germany Balks at Aid for Opel
Date: 01 June 2010
By Bloomberg News
Bloomberg News
With government leaders looking for further budget cuts after helping to bail out Greece, politicians see little room for helping the money-losing unit of General Motors.
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Blog That Found a Market for Sports News Is Purchased
Date: 02 June 2010
By Richard Sandomir
Richard Sandomir
The Big Lead has risen to Internet prominence as newspaper circulation and ad revenue have shrunk.
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Bad News Fridays
Date: 02 June 2010
By Dealbook
Dealbook
Lately, Wall Street has taken to sneaking out some of its less palatable developments right before the weekend. Such timing may keep to the letter of transparency rules, but hardly the spirit, Reuters Breakingviews says.
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Microsoft in Venture for Health Database in Canada
Date: 01 June 2010
By Bloomberg News
Bloomberg News
Microsoft is creating an online database in Canada with the Telus Corporation, a large wireless carrier.
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In Review, Europe Accuses China of Protectionism
Date: 01 June 2010
By Bloomberg News
Bloomberg News
China is failing to carry out its pledges to liberalize its economy and open its markets to foreign companies, according to the European Union.
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Foxconn Raises Worker Pay 30%
Date: 02 June 2010
By Bloomberg News
Bloomberg News
The electronics manufacturer, which supplies Apple, Hewlett-Packard and other technology giants, previously said it would raise wages 20 percent.
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Telefónica Bid Is Rebuffed
Date: 02 June 2010
By Bloomberg News
Bloomberg News
Portugal Telecom said the offer failed to adequately value its unit, Vivo Participações, which is Brazil’s biggest wireless operator.
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Sports News Blog Is Sold
Date: 02 June 2010
By Dealbook
Dealbook
The Big Lead, an independent sports media, news and gossip blog that Jason McIntyre began as a hobby, has been bought for a low seven figures.
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Pennsylvania: Tax Revenue Falls Short
Date: 02 June 2010
By Bloomberg News
Bloomberg News
Tax revenue for the state was $125 million short of projections for May, leaving the state with a $1.2 billion shortfall for the budget year ending June 30, the State Department of Revenue said.
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Le Monde Seeks a Financial Savior
Date: 02 June 2010
By Eric Pfanner
Eric Pfanner
The French newspaper has put out an international tender for new investment that could result in handing over control to an outsider within weeks.
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