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COMPILED FROM WIRE REPORTSWednesday, October 24, 2007 TELECOMMUNICATIONS AT&T profit jumps 42 percent after purchase of BellSouth SAN ANTONIO — Catapulted by its acquisition of BellSouth Corp., AT&T Inc. reported that third-quarter profit shot up 42 percent from a year earlier to $3.1 billion.
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LOS ANGELES — Countrywide Financial Corp., the nation's largest mortgage lender, said Tuesday that it will begin calling borrowers to offer refinancing or modifications on $16 billion in loans with interest rates set to adjust by the end of 2008.
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The Hunters Crossing Landslide...It's Still Moving. After the massive 15 county slope failures of September 2004, the North Carolina Geological Survey began a landslide mapping program for the western region of the state.
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WASHINGTON — Federal regulators appear to be resisting starting a formal investigation into possible anti-competitive practices by semiconductor giant Intel Corp. despite requests from members of Congress and corporate rivals. For years, chip maker Advanced Micro Devices Inc.
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WASHINGTON — Drug Enforcement Administration chief Karen Tandy said Monday that she is resigning, ending her four-year tenure as the first woman to hold the post. Tandy told employees that she was leaving to take a job as a senior vice president of Motorola Inc.
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COMPILED FROM STAFF AND WIRE REPORTSTuesday, October 23, 2007 CHIP MAKERS Texas Instruments revenue rises 11%, beating expectations DALLAS — Texas Instruments Inc.
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For a company that dropped the word "computer" from its name, Apple Inc. is selling a lot of them. Helped by sales of Mac computers, Apple's fourth-quarter profit jumped 67 percent, topping analysts' estimates.
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In the YouTube era, almost any Web-connected computer user with a little imagination and the right video software can take the first tentative steps toward becoming an online Steven Spielberg. Austin-based Honestech Inc. will supply the software. Customers must furnish their own imaginations.
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Dell Inc. will begin selling computers and printers at 1,400 Staples stores throughout the United States, giving the computer maker a presence in a second major U.S. retail chain as the holiday shopping season approaches. Beginning Nov.
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BERLIN — With its legal options running out, Microsoft Corp.
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Q: I am nearly 51 years old. I plan to retire between 55 and 60. A realistic age for me to retire probably would be 58 or 59. I have $263,000 in my 401(k). My wife has $109,000 in her SEP account. We have a house that is worth $190,000 with no mortgage. We also have $270,000 in taxable savings.
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AMERICAN-STATESMAN STAFFTuesday, October 23, 2007 Austin-based ArthroCare Corp. said it had higher profit and sales for the third quarter. On Monday, the medical device company reported net income of $11.1 million, or 39 cents a share, in the quarter that ended Sept.
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In the rough-and-tumble world of pro football, the match-ups don't get much tougher than this — Jerry Jones, the flamboyant owner of the Dallas Cowboys, versus Time Warner Cable, by far the largest cable TV operator in Texas.
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IBM Corp. plans to announce today that it is teaming up with a Taiwanese company to develop and sell ultrafast microprocessor chipsets that can wirelessly transmit high-definition video between computers, televisions and other devices in a fraction of the time it takes today.
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Monday, October 22, 2007 PLUGGED IN energy HelioVolt gets a boost from investors, raising $24 million Austin's HelioVolt Corp. has attracted $24 million in private investment as it gets ready to build a factory to make advanced solar power panels using thin films of advanced materials.
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The developers of a lightweight, low-cost computer for schoolchildren in developing countries say the machine has achieved an industry leadership position.
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SEATTLE — Brian Dorsey set out on a mission this month: develop and launch an Internet service in less than six hours. The 33-year-old Seattle software developer wasn't looking to set a Guinness World Record.
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We are what we click. In an age in which everything from friendships to financial planning has moved online, the pulse of pop culture, the ups and downs of the housing market, even the subjects of fifth-grade homework assignments can be measured by tallying search terms and mouse clicks.
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Reflecting the national housing slump, sales of existing homes in Central Texas fell 22 percent in September, and the number of homes on the market hit a four-year high.
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SAN FRANCISCO — By now, we were supposed to be well on our way to a Wi-Fi world. For several years, cities from Atlanta to San Francisco have been working on ways to make cheap — even free — wireless Internet service available to all their residents.
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WASHINGTON — The $8.2 billion deal to take the Tribune Co. private has become entangled in a newly inflamed debate over media ownership rules at the Federal Communications Commission.
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LOS ANGELES — One step inside Hollywood's Magic Castle, and the honking cars and dense foot traffic of tourists visiting the nearby Walk of Fame disappear. If you utter "open sesame,'' the foyer bookshelf moves silently, allowing entry to the dark, musty rooms of this 1908 Edwardian manor.
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SPECIAL TO THE AMERICAN-STATESMANSunday, October 21, 2007 Today, ask this question about the financial services you receive: How much is that in dollars? The answer can be unnerving. A percentage charge such as 1 percent or 2 percent of assets seems reasonable.
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Five years ago, Austin Ventures general partner Ken DeAngelis sized up the California venture capital firms that had swarmed into town and made a prediction: "We're the battleship with a lot of other speedboats around nipping at us.
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BEIJING — On a tour of the model homes in Palais De Fortune, sales manager Cai Siyu points out features one might expect in any French-style chateau.
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