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Retired Texas educators are all but assured of getting an extra monthly pension check in January, the first increase in benefits since 2001.
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Advanced Micro Devices Inc. had a better than expected third quarter, beating Wall Street estimates on revenue and losing considerably less than expected. The chipmaker still had a sizable loss of $396 million. But revenue rose 22.5 percent from the year ago quarter.
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New work at home site for those who are searching for ways to generate extra income from home.
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ASSOCIATED PRESSThursday, October 18, 2007 AUSTIN — A district court judge has rejected the Texas Department of Insurance's attempt to block Allstate Insurance's recent 5.9 percent increase in homeowner rates.
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Dell Inc. snapped a string of computer-shipment declines with a moderately stronger third quarter but continued to lose ground to Hewlett-Packard Co. and other top competitors in the U.S. and around the world.
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NEW YORK — "We who are about to die salute you.
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COMPILED FROM WIRE REPORTSThursday, October 18, 2007 FINANCIAL SERVICES GMAC to cut fourth of workers in faltering mortgage division MINNEAPOLIS — GMAC Financial Services said Wednesday that it would cut about 3,000 jobs, or 25 percent of the work force, at its Residential Capital LLC...
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Patton Medical Devices LP has raised $15 million to step up the national launch of its first product, a "port" through which diabetics inject insulin. The money is the company's first from institutional investors, President John Burns said Wednesday. He declined to name the investors.
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ASSOCIATED PRESSThursday, October 18, 2007 NEW YORK — Oil futures retreated from a record $89 a barrel Wednesday, ending lower after government data showing larger-than-expected gas and oil supplies outweighed worries about tension in northern Iraq.
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ASSOCIATED PRESSWednesday, October 17, 2007 BOSTON — The nation's $2 trillion-plus home mortgage business won't halt its slide anytime soon, with mortgage originations expected to fall 18 percent next year and another 6 percent in 2009, the Mortgage Bankers Association predicts.
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WASHINGTON — Treasury Secretary Henry Paulson said Tuesday that the housing crisis poses a significant risk to the economy and called for Congress and private mortgage companies to move more quickly to help.
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The developer of a $750 million project planned for the former Concordia University campus in Austin has tapped AMLI Residential to build a 315-unit apartment complex on the site, which is destined to be one of the city's tallest, densest developments outside of downtown.
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ASSOCIATED PRESSWednesday, October 17, 2007 SAN JOSE, Calif. — Intel Corp.
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NEW YORK — Facebook, the social networking Web site, will overhaul its safety procedures to better protect children and other members from sexual predators and online harassment, New York's attorney general said Tuesday.
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WASHINGTON — The House on Tuesday voted to extend a soon-to-expire moratorium on Internet access taxes for four years, ignoring pressure to make the ban permanent. The bill, which passed in a 405-2 vote, would extend the moratorium through 2011. The existing moratorium is set to expire Nov.
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Companies that operate fantasy sports leagues have a First Amendment right to use players' names and statistics for free, a court ruled in a case filed against Major League Baseball. The federal appeals court in St. Louis ruled Tuesday in favor of C.B.C. Distribution and Marketing Inc.
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COMPILED FROM WIRE REPORTSWednesday, October 17, 2007 COMPUTER MAKER Dell's incentives are legal, a North Carolina court rules RALEIGH, N.C. — The public financial incentives given to Dell Inc.
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COMPILED FROM WIRE REPORTSWednesday, October 17, 2007 AIRLINES American will fly Chicago-Moscow route 6 days a week starting in June FORT WORTH — American Airlines, the world's largest carrier, plans to begin nonstop flights between Chicago and Moscow in June to take advantage of business...
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In a market where tightening underwriting guidelines are making it increasingly difficult to qualify for mortgages, savvy borrowers are finding that following a few simple credit score-improving steps gives them greater control over their credit scores.
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WASHINGTON — When the finance ministers of six leading developed nations come to Washington this week, they'll bend Treasury Secretary Henry Paulson's ear about the weak dollar and gripe that it's hurting their exports. They won't find much sympathy.
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COMPILED FROM STAFF AND WIRE REPORTSTuesday, October 16, 2007 HEALTH CARE Solis Women's Health secures funding, credit Austin-based Solis Women's Health raised $10 million in equity investment and secured a $12 million credit package.
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SAN JOSE, Calif. — Move over, peace and happiness. Computers are what Americans really want nowadays.
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WASHINGTON — Its years as the nation's largest employer a distant memory, General Motors still could be setting the trend for corporate-worker relations in shedding its obligation for the health care of 340,000 retirees.
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COMPILED FROM WIRE REPORTSTuesday, October 16, 2007 INTERNET AOL cutting 2,000 more jobs as advertising gains priority NEW YORK — AOL is reducing its global work force by 2,000 employees, or 20 percent, as it continues a transition from Internet access provider to online advertising company.
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Gamecock Media Group is about to release its first two games, the massively multiplayer online game "Fury" and the Nintendo DS game "Dementium: The Ward," in the next two weeks.
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