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Dell warned on Friday that it would be dangerous to take on a lot of debt and remain a public company given its worsening profit outlook, in a sign that it views proposals from Blackstone Group and billionaire investor Carl Icahn as fraught with risk.
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April 5- A federal judge will not allow a lawsuit accusing Apple Inc, Google Inc and other technology companies of conspiring not to poach each other's employees to proceed as a class action, but left the door open for affected workers to eventually sue as a group.
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But Fidelity Investments and Charles Schwab Corp are paying these financial advisers as much as 0.25 percent of the assets that their clients put in no-transaction-fee mutual funds.
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ATHERTON, Calif.-- Making a down payment on his vow to go all in for Democrats in 2014, President Barack Obama courted well-heeled donors in California on a two-day fundraising jaunt that required him to walk a fine line: Berate Republicans too much, and Obama could put fragile prospects for achieving his second-term goals in jeopardy.
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Blackstone Group will visit Dell's headquarters to begin an in-depth analysis of the company, sources said, a strong sign the buyout firm is proceeding with an offer that could upset founder Michael Dell's $24.4 billion buyout bid.
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SAN FRANCISCO, April 4- Google Inc has sold the Frommers' line of travel-guidebooks, acquired just eight months ago from John Wiley& Sons Inc to strengthen its trove of local content and reviews, to founder Arthur Frommer. Google had intended to use the popular brand to beef up its own local content, listings and reviews, executives said at the time.
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The Bank of Japan jolted markets, unleashing the world's largest monetary stimulus, with a commitment to inject $1.4 trillion into the economy in less than two years. "It was pretty clear throughout the day that investors were pleasantly surprised by the magnitude of the BoJ actions," said Andrew Wilkinson, chief economic strategist at Miller Tabak& Co..
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SAN FRANCISCO, April 4- Hewlett-Packard Co Chairman Ray Lane, who has come under fire from shareholders for his role in the botched, costly acquisition of British software company Autonomy Plc, has stepped down, the company said on Thursday.
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SAN FRANCISCO, April 4- Hewlett-Packard Co Chairman Ray Lane, who has come under fire from shareholders for his role in the botched, costly acquisition of British software firm Autonomy Plc, has stepped down, the company said on Thursday.
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*Boeing sold 220 jets or 209 after cancellations. *Airbus delivers 144 aircraft, Boeing 137 in Q1. PARIS/ NEW YORK, April 4- Airbus recaptured the aircraft industry's top spot in the first quarter as U.S. rival Boeing fell behind on orders and grappled with the grounding of its newest jet, the 787 Dreamliner, data from both companies showed on Thursday.
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SAN FRANCISCO-- The National Rifle Association and gun manufacturers are to blame for the "disconnect" between the broad public support for gun control and the reluctance in Congress to ban assault weapons and high-capacity ammunition magazines, U.S. My view is they shouldn't go up to the Senate if they are unwilling to stand up and vote. "
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From Colorado to Connecticut, a handful of very different states have advanced new gun control laws over opposition that has made such legislation a struggle nationally and a non-starter in most legislatures. All three helped drive new gun control measures in New York, Colorado and in Connecticut, where Gov.
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SAN FRANCISCO, April 3- A U.S. judge has rejected efforts by Chevron Corp to secure documents from a California environmental advocacy group in a fraud case related to a $19 billion award for rainforest pollution in Ecuador.
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NEW YORK/ SAN FRANCISCO, April 3- Investors trying to assess when the Federal Reserve will start to trim its economic stimulus via massive asset purchases would do well to track any progress Washington makes in reaching a budget deal.
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LOS ANGELES/ SAN FRANCISCO, April 3- Walt. Disney Co plans to shut the 30- year-old LucasArts studio it inherited with the acquisition of George Lucas' film company last year, and focus on licensing its "Star Wars" brand externally, a spokesman said on Wednesday.
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SAN FRANCISCO, April 3- EBay Inc's payments business, PayPal, already lends money to online shoppers, but it is now starting to finance the merchants who sell on the company's online marketplaces. PayPal has already tested a financing program for eBay sellers in the UK and it plans similar tests in the United States this year, a company spokesman said on Tuesday.
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LANSING, Mich.-- Some Michigan Republicans are pushing to ban local governments from requiring employers to provide paid sick leave as cities in other states move to enact such mandates.
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*Amazon launched merchant lending business last year. SAN FRANCISCO, April 3- EBay Inc's payments business, PayPal, already lends money to online shoppers, but it is now starting to finance the merchants who sell on the company's online marketplaces.
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Stockton and San Bernardino, the two California cities that have filed for bankruptcy protection, are both considered test cases in the epic battle over whether municipal bondholders or pensioners will absorb most of the pain when a government goes broke.
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LOS ANGELES, April 2- Stockton and San Bernardino, the two California cities that have filed for bankruptcy protection, are both considered test cases in the epic battle over whether muncipal bondholders or pensioners will absorb most of the pain when a government goes broke.
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*Under new CEO, Sarepta focused on Duchenne muscular dystrophy drug. *Analysts expect company to relay FDA feedback in April. April 2- After three decades without bringing a drug to market, Sarepta Therapeutics Inc stands on the verge of a breakthrough with its treatment for a crippling genetic disorder that affects one in every 3,500 newborn boys.