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Updating the Patriots' Spygate Scandal
A former Pats' employee told the NFL commissioner and a senator a lot more than had previously been reported. FoxSports.com columnist Peter Schrager explains why, after those meetings, one said the case is closed, but the other called for an investigation.
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Drop in Property Values Drains Local Tax Coffers
The nation's foreclosure crisis is causing property values to drop across the nation, and California is one state that is taking it hard. It is bad not only for homeowners, but also for local governments — like Stockton, Calif. — that depend on property taxes.
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BET Struggles to Relate with Black Viewers
The Black Entertainment Television Network was created to bring authentic representations of African-Americans to cable television. After a couple of decades, however, it finds itself under intense criticism for pandering to the lowest possible tastes. A lot of African-Americans have given up on BET and are turning to other channels that have black shows.
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Alaska: Oil Profits Pad Treasury; Gas Prices Soar
Host Renee Montagne has this morning's business news.
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CBS to Acquire Tech News Provider CNET
CBS is the latest old media organization to acquire a major network of Internet properties. It announced a deal to acquire CNET, a San Francisco-based network that includes popular Web sites like News.com and Download.com.
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Michigan Girl Scout Sells 17,328 Boxes of Cookies
Host Renee Montagne has today's Last Word in business.
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Study: Digital Video Recorder Users Don't Skip Ads
You would think that technology like TiVo would make it easy for people to skip commercials to get back to the programming they love. A study by Advertising Age suggests otherwise.
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Kraft Launches Oreo Ad Blitz in Land of Biscuits
Kraft, the maker of Oreos, is unveiling a big advertising campaign in Britain. Stuart Payne runs the Web site Nice Cup of Tea and a Sit Down, where he reviews cookies (or "biscuits" in the Queen's English). He tells Michele Norris the Oreo may have a hard time in Britain.
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Heinz on Quest for Sweeter Tomatoes
Heinz's breeders are trying to produce hybrid seeds with more natural sugars to cut down on the use of corn syrup in its ketchup. The price of corn has soared, caused in part by the ethanol boom.
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'Marketplace' Report: GE May Quit Household Business
The company could sell the unit that makes refrigerators and washers, ending more than a century in an industry that helped make GE a household name. Nancy Marshall Genzer says the move comes because appliance sales don't meet GE's goal of 10 percent annual profit growth.
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Restaurants Get Creative to Fight Prices
Chefs are combating higher food costs with smaller plates, cheaper ingredients and smaller portions. But they're not dropping menu prices.
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Peter Mehlman's Greatest Travel Fear
High gas prices, over-scheduled airlines, and a dollar dropping in value overseas are causing a lot of folks to worry about where they'll vacation this year. But all that seems benign to our contributor Peter Mehlman. The former <em>Seinfeld</em> writer has larger fears.
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Scott McCartney on Air Travelers' Turbulent Times
Air travel keeps getting more confusing, frustrating and expensive, says columnist Scott McCartney. McCartney, who's covered the industry for 12 years at <em>The Wall Street Journal</em>, writes the paper's "Middle Seat" column.
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Brisk Scooter Sales Tied to High Gas Prices
Scooter dealers across the country are reporting brisk sales, especially of models that get 75 to 100 mpg. A dealer in California says 95 percent of people who come in mention high gasoline prices, and a dealer in South Dakota says even people who don't fit the biker mode are buying.
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Judge OKs Shareholder Suit Against Countrywide
A federal judge has ruled that executives from Countrywide, one of the nation's biggest mortgage lenders, will have to face a lawsuit from angry shareholders like the Arkansas Teacher Retirement Fund that have lost fortunes since the housing market meltdown.
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Tune-in to Marketplace with Kai Ryssdal weekdays on KJZZ at 6pm.
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British Airways profits soar 45%
British Airways reports a sharp jump in annual profits to £883m but its boss says he will not accept a bonus.
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Home construction picks up in US
Construction of new US homes increased in April, raising hopes that the housing market may be recovering.
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Battle over new Bangalore airport
A row breaks out over Bangalore's new international airport, as it gets ready to open on 23 May.
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Oil above $127 for the first time
Oil prices hit a record high above $127 a barrel for the first time on fresh worries about global supplies.
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US consumer confidence falls
US consumer sentiment is now at its lowest level in almost 28 years, says a closely-watched survey.
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GTA lifts US video game sales
US sales of video game consoles and software were up 47% in April from a year ago, a research firm says.
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Eurozone sees March trade deficit
A strong euro and soaring oil prices create a surprise trade deficit across the eurozone in March.
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CPI target to 'crucify' consumers
Consumers will be "crucified" unless ministers change the target for fighting inflation, a leading economist warns.
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WTO scrutinises US trade policy
The US should lower trade barriers and grow exports to boost its economy, the World Trade Organization says.
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Phones4U facing mis-selling probe
Regulator Ofcom says it will spend six months investigating Phones4U over alleged mis-selling.
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Water competition proposed
Watchdog Ofwat is recommending that the water and sewerage sector be opened to competition.
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Zimbabwe gets new $500m note
Zimbabwe issues a Z$500m banknote, worth US$2, as the opposition calls for an emergency summit on the elections
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US court allows apartheid claims
The US Supreme Court clears the way for a lawsuit brought by apartheid victims against a number of firms.
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US industrial output sees decline
US industrial output fell 0.7% in April, after car and manufacturing industries cut production, figures show.
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CBS buys tech news website
Television company CBS agrees to buy online technology news and entertainment website CNET.
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Chinese whispers fuel BHP shares
Shares in the world's largest miner BHP Billiton rise on speculation about investment from China.
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Exports bolster Japan's economy
Japan's economy grew at a brisk annual rate of 3.3% in the first three months of 2008, official figures show.
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Utility RWE profits fall by half
Three month profit at the German utility RWE falls by 48.5%, hit by regulation, currencies and a write-down.
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Euro growth better than expected
Economic growth in Europe during the first three months of 2008 was better than expected, official data shows.
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Oil price resumes its record run
The oil price rises to a record high, picking up from last week when it set new records every day.
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Oil price 'may hit $200 a barrel'
The price of oil could soar to $200 a barrel in as little as six months, a report warns as crude passes $123.
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Pakistan battles power shortages
Pakistan is switching to daylight saving next month to help reduce the effects of power shortages.
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Arcelor eyes emerging markets
The world's largest steel company, Arcelor Mittal, predicts record demand from Asia and Africa.
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