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ATT launches Homezone TV and Internet service

U.S. phone company AT&T Inc. said on Wednesday it began marketing its AT&T Homezone, a long-awaited service that combines high-speed Internet and satellite television in one set-top box.

Fed's Bernanke seen yielding few clues on rates

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Federal Reserve Chairman Ben Bernanke goes before Congress on Wednesday to deliver testimony on the U.S. economy that financial markets will scour for clues on where interest rates are heading.

Banks Feel the Fed Squeeze

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Profits at large U.S. banks are up, but not as much as they could be. This week and next, banks are reporting their earnings as Wall Street investors cautiously note the factors that could mean lower earnings.
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Producer price rise fuels rate worries

U.S. producer prices rose a steeper-than-expected 0.5 percent last month as food prices jumped, the government said on Tuesday, leading markets to boost bets for another Federal Reserve interest rate hike.
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Microsoft Files 26 U.S. Piracy Lawsuits

Microsoft Corp. has filed 26 lawsuits accusing U.S. companies of selling pirated software, the latest move in its ramped-up efforts to boost sales by cracking down on illegal copies.
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Wagoner: Would remain GM CEO after any tie-up

General Motors Corp Chief Executive Rick Wagoner insisted on Tuesday he planned to keep his job even if the U.S. carmaker strikes a three-way alliance with rivals Renault SA and Nissan Motor Co.
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SEC head sees option timing charges very soon

The first civil charges will be forthcoming very soon in the stock options timing scandal involving dozens of U.S. companies, the nation's top securities regulator said on Monday.
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$150 mln U.S. fund targets Israel

U.S. venture capital firm Greylock Partners said on Monday it closed a $150 million fund that will invest in early-stage Israeli high-tech companies.
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New Amendments and Conference Notes

The NASD has two new resources to support firm's Anti Money Laundering (AML) programs. A free webcast is available at http://www.nasd.com/webcasts/aml.
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The African Telecom Challenge

Global companies extending their networks into Africa will find it a challenge to establish easy telecom links in comparison to the better established systems in the U.S., Europe or Asia. While mobile phone use is growing rapidly across the continent, fixed-line density is low and Internet access is limited.
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British bankers plead not guilty in Enron case

Three British former bankers extradited to the United States this week pleaded not guilty in federal court on Friday to fraud charges linked to a deal with defunct energy giant Enron Corp.
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Consumer morale dips, worries over growth

Surging energy prices helped cause unexpected drops in U.S. retail sales in June and consumer sentiment in July, reports on Friday showed, raising the prospects the Federal Reserve may be close to halting its campaign of hiking interest rates.
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Retail sales unexpectedly fall 0.1 pct

U.S. retail sales unexpectedly shrank in June as energy prices bit, raising concern about growth as the Federal Reserve considers halting its two-year interest rate hike campaign.
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Road may be bumpy for further BOJ rate rises

Sales at U.S. retail stores unexpectedly shrank 0.1 percent in June, the first decline since February, pulled down by weaker sales of cars and building material, government data showed on Friday.
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Oil prices hover above $78 per barrel

Oil prices topped $78 per barrel Friday and held near record highs as intensifying violence in the Middle East raised concerns of possible supply disruptions.
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Opening the Libyan Marketplace

Since Tripoli gave up its nuclear arms programs in 2003, Libya has seen progress in the number of foreign investments being made in the country, the result of an environment that encourages market orientated reforms meant to reintegrate the country into the international economic fold.
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Pepsi Bottling Profits Up in 2Q

Pepsi Bottling Group Inc., the largest Pepsi bottler, announced Tuesday that profits were up in its second quarter, attributing the growth to strong sales of its non-carbonated drinks.
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FTSE Drops 1 Pct on Political, Rate jitters

Leading British shares dropped 1 percent on Thursday, as escalating geopolitical tensions, record high oil prices and concerns over U.S. corporate profits sent jitters through global equity markets, while a decline in Aviva Plc shares also weighed.

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