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SAN DIEGO — Beginning today, 35 vehicles will hit the streets of a former Air Force base north of here for a very unusual race. None of them will have a driver. Not even a remote control.
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Friday, October 26, 2007 PETROLEUM BP to pay $373 million in fines to halt federal inquiries WASHINGTON — BP PLC agreed Thursday to pay $373 million in fines and restitution to end investigations into whether it manipulated energy markets and violated environmental laws, the Justice...
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SEATTLE — Microsoft Corp. said its fiscal first-quarter profit rose 23 percent as brisk sales of the new "Halo 3" video game, Windows and Office helped the software maker breeze past Wall Street's expectations. Investors cheered, sending shares up from $31.99 to $35.
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Dell Inc.'s latest round of layoffs has come home to its corporate headquarters.
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Friday, October 26, 2007 Gatti's Pizza gives $5,000 to Boys and Girls Clubs Gatti's Pizza LP donated $5,000 to the Boys and Girls Clubs of the Capital Area, along with 150 athletic balls donated by customers at its new South Park Meadows location.
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Wednesday, October 24, 2007 Financial services Vcfo Inc. added three new employees. Danny Wilbanks will be a senior CFO associate. He Has 30 years of experience. Charley Devany will be a CFO associate. Devany previously was a corporate reporting manager at Bel Fuse Inc.
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SAN FRANCISCO — In a display of its manufacturing might, Intel Corp. plans to open a $3 billion factory in Arizona, widening its lead over rival Advanced Micro Devices Inc. in the industry's switch to a new chip-making technique. The facility in Chandler, Ariz.
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Microsoft Corp. will buy a 1.6 percent stake in social-networking Web site Facebook Inc. and agreed to sell ads for the Internet company overseas, beating out a competing offer from Google Inc. The company will pay $240 million for the stake, valuing Facebook, based in Palo Alto, Calif.
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Thursday, October 25, 2007 PAPER AND WOOD PRODUCTS Temple-Inland profit down 62% for quarter Temple-Inland Inc.
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The Federal Trade Commission is making a last-ditch effort to unwind Whole Foods Market's purchase of its biggest rival, even though the deal is done. Despite losing a battle in a federal district court to block the deal in August, the FTC has not given up the fight.
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CESKE BUDEJOVICE, Czech Republic — Just the thought alone is enough to make a Czech patriot cry in his beer.
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COMPILED FROM STAFF AND WIRE REPORTSThursday, October 25, 2007 HOME BUILDERS Centex reports loss after sales decline DALLAS — Centex Corp.
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NEW YORK — As students pile up ever-increasing education loan tabs, some colleges and universities are starting to question whether they should be counseling these young borrowers, before they end up with debt that will take decades to work off.
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As the commission potential in the financial industry is dwindling, top producers seek profits elsewhere...
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AMERICAN-STATESMAN STAFFWednesday, October 24, 2007 Silicon Laboratories Inc. surprised Wall Street with stronger than expected third quarter revenue and profits, driving its stock up in early trading today.
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AMERICAN-STATESMAN STAFFWednesday, October 24, 2007 Dell Inc. today said it has hired the former chairman of the Equal Employment Opportunity Commission to head its corporate responsibility efforts.
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October 24, 2007 - Tucson, Arizona - Representatives from manufacturing firms interested in exploring the possibility of establishing production facilities in Mexico are invited to join The Offshore Group for a free, on-line "webinar" on Monday, October 29 at 2pm EST.
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By Freescale Semiconductor Holdings reported a slight improvement in third-quarter sales Tuesday after a weak first half, along with a strengthening of its cash holdings.
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AMERICAN-STATESMAN STAFF Wednesday, October 24, 2007 Scott Anderson, a former CEO of Freescale Semiconductor Inc. and Motorola Semiconductor, is back in the chip business. Anderson, 54, was named to head the mixed-signal audio division at Cirrus Logic Inc., the company announced Tuesday.
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Wednesday, October 24, 2007 SOFTWARE Pervasive reports slight slip in earnings, rise in revenue Pervasive Software Inc. said revenue inched up in its fiscal first quarter while profit dipped from a year earlier.
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NEW YORK — Wall Street ended an erratic session with a big advance Tuesday as investors uneasy about the economy were reassured by solid earnings from blue chip names including Apple Inc. and American Express Co. The Dow Jones industrial average rose more than 100 points.
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LUXEMBOURG — Striking down one of Europe's most visible symbols of economic protectionism, the European Court of Justice ruled Tuesday that a German law shielding Volkswagen from a hostile takeover illegally restricts the free flow of capital within Europe.
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COMPILED FROM WIRE REPORTSWednesday, October 24, 2007 HOME BUILDERS Centex reports loss of more than $600 million DALLAS — Centex Corp., the fourth-largest U.S. homebuilder, lost $643.
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WASHINGTON — The nation's major airlines threatened Tuesday to go to court — or to Congress — to fight a federal proposal to cut flights at New York's delay-plagued John F. Kennedy International Airport by up to 20 percent.
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