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China's largest maker of auto parts won a politically sensitive auction for A123 Systems, a bankrupt maker of batteries for electric cars that was funded partly with U.S. government money, the investment banker for A123 said on Saturday. » Read More |
Gov. Jack Markell, (D-DE) talks about the impact of Hurricane Sandy on the state of Delaware. » Read More |
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May 7- U.S. power company FirstEnergy Corp said on Tuesday it hired an adviser and started implementing its plan to sell up to 1,240 megawatts of unregulated non-core hydro generation assets.
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The Department of Financial Services, at the direction of New York Governor Andrew Cuomo, has subpoenaed 10 companies involved in the business, the governor said on Tuesday. Cuomo announced the subpoenas after the New York Times published a front-page story on April 28 describing the pension advance business.
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HARRISBURG, Pa.-- A proposal to eventually cut business taxes by hundreds of millions of dollars a year easily passed the Pennsylvania House on Monday amid heated debate over how much it would help the state's economy, if at all. Stephen Bloom of Cumberland County, who joined all fellow Republicans and 21 Democrats to pass the measure.
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LONDON, May 7- U.S. coal miners have been among the biggest victims of the shale revolution and tougher emission controls on power plants. U.S. coal miners produced about 1,016 million short tons last year, down just over 7 percent from 1,094 million tons a decade earlier, according to estimates published by the U.S. Energy Information Administration.
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*MBIA shares close up 45 pct, Bank of America up 5.2 pct. May 6- Bank of America Corp has agreed to pay $1.6 billion in cash to MBIA Inc and will receive the right to buy a 4.9 percent stake in the bond insurer to resolve long-running litigation, the companies said on Monday.
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*MBIA shares close up 45 pct, Bank of America up 5.2 pct. May 6- Bank of America Corp has agreed to pay $1.6 billion in cash to MBIA Inc and will receive the right to buy a 4.9 percent stake in the bond insurer to resolve long-running litigation, the companies said on Monday.
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*MBIA shares close up 45 pct, Bank of America up 5.2 pct. May 6- Bank of America Corp will pay $1.6 billion in cash to MBIA Inc and receive the right to buy a 4.9 percent stake in the bond insurer to resolve long-running litigation between the companies, the bank said on Monday.
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*MBIA shares close up 45 pct, Bank of America up 5.2 pct. May 6- Bank of America Corp will pay $1.6 billion in cash to MBIA Inc and receive the right to buy a 4.9 percent stake in the bond insurer to resolve long-running litigation between the companies, the bank said on Monday.
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Faulty equipment has led to patients being burned or exposed to too much radiation, Jeffrey Shuren, director of the FDA's center for devices and radiological health, said in an interview.
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May 6- Ledgemont Capital Group LLC, a boutique investment bank, filed for Chapter 7 bankruptcy to liquidate its assets, which it estimated at between $10 million and $50 million, according to court documents.
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*Marano has previously worked for Cerberus Capital. May 6- Residential Capital LLC Chief Executive Thomas Marano has resigned as the mortgage subsidiary of auto lender Ally Financial Inc works its way out of bankruptcy. Marano was managing director at Cerberus Capital Management before moving to ResCap.
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*Democrats worry as fall enrollment period draws near* Potential repercussions for Congress, Obama presidency* Frustration over lack of details on public outreach By David Morgan. WASHINGTON, May 5- Healthcare reform should be the signature Democratic achievement of President Barack Obama's presidency.
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*Potential repercussions for Congress, Obama presidency. WASHINGTON, May 5- Healthcare reform should be the signature Democratic achievement of President Barack Obama's presidency.
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*Potential repercussions for Congress, Obama presidency. WASHINGTON, May 5- Healthcare reform should be the signature Democratic achievement of President Barack Obama's presidency.
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*Potential repercussions for Congress, Obama presidency. WASHINGTON, May 5- Healthcare reform should be the signature Democratic achievement of President Barack Obama's presidency.
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NEW YORK, May 3- The New York and Delaware attorneys general and the U.S. housing regulator on Friday dropped their objections to Bank of America Corp's proposed $8.5 billion settlement with investors in Countrywide mortgage-backed securities, according to court filings.
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NEW YORK, May 3- The New York and Delaware attorneys general and the U.S. housing regulator on Friday dropped their objections to Bank of America Corp's proposed $8.5 billion settlement with investors in Countrywide mortgage-backed securities, according to court filings.
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New York and Delaware Attorneys General no longer object to $8.5 bln Bank of America settlement.
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May 3- Lululemon Athletica Inc was sued by a pension fund shareholder on Friday that wants to know if the board of directors wasted corporate assets by increasing potential bonuses for executives on the eve of a recall of yogawear that could cost the company millions of dollars.
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May 3- Lululemon Athletica Inc was sued by a pension fund shareholder on Friday that wants to know if the board of directors wasted corporate assets by increasing potential bonuses for executives on the eve of a recall of yogawear that could cost the company millions of dollars.