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Tribune lenders drop competing bankruptcy plan

A group of lenders has withdrawn its plan for reorganizing newspaper owner Tribune Co, leaving two proposals for ending the company's two-year stay in bankruptcy, according to court documents.
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Joblessness, rising prices may fuel unrest: IMF chief

The world economy is beset by problems such as high unemployment and rising prices which could fuel trade protectionism and even lead to war within nations, the head of the International Monetary Fund warned on Tuesday.

Exclusive: U.S. asks about search fairness in Google/ITA

The U.S. Justice Department's review of Google Inc's planned acquisition of airline ticketing software company ITA Software is focusing on making sure ITA's products remain available, even to Google's rivals, according to a source close to the deal.
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Merill Lynch settles prop trading charges for $10 mln

Bank of America Corp's Merrill Lynch unit has agreed to pay $10 million as part of a settlement with the U.S. Securities and Exchange Commission (SEC) that has accused it of fraudulently misusing customer orders so it could trade for its own benefit.
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Mylan, Pfizer settle patent disputes over Lipitor, Caduet

U.S. generic drug maker Mylan Inc has settled two U.S. patent disputes with global pharma giant Pfizer Inc, which will enable the former to sell the generic versions of cholesterol drug Lipitor and combination blood pressure and cholesterol treatment Caduet.
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Sara Lee to split in two after bids don't entice

Sara Lee Corp plans to split into two separate public companies focusing on North American meats and international coffee after takeover bids it received were not enough to entice it to sell the company.
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Nasdaq investigates index quote outage

Nasdaq did not publish quotes for its main indexes after the market opened on Friday due to a data outage, but individual stock quotes were unaffected.
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UK police arrest WikiLeaks backers for Web attacks

British police arrested five young men on Thursday as they and U.S. authorities conducted searches as part of a probe into Internet activists who carried out cyber attacks against groups they viewed as enemies of the WikiLeaks website.
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LinkedIn's IPO to test appetite for Facebook

LinkedIn Corp announced plans to go public this year in what could be a test of investor appetite for social networking websites ahead of a highly anticipated Facebook offering.

Borders gets conditional lifeline; shares soar

Borders Group Inc received a financing commitment from GE Capital, providing a potential lifeline to the troubled bookseller, but said it would also explore options, including an in-court restructuring.

Lehman files new plan for repaying creditors

Bankrupt financial company Lehman Brothers Holdings Inc proposed a new plan for dividing up billions of dollars among its creditors and offered a bigger payment to bondholders, provided they sign on.

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