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• Stimulus hopes lift Wall St but telecoms drag (Reuters)
• U.S. moves to block AT&T, T-Mobile deal (Reuters)
• Data shows softening in economy, no recession (Reuters)
• Motorola deal offers Google tax, patent benefits (Reuters)
• New blow for BP in Russia as office raided (Reuters)
• TMX suitor Maple says pushing ahead with bid (Reuters)
• Japan factory output falls short of expectations (AP)
• Brown-Forman posts higher 1Q profit (AP)
• Exclusive: Collateral fees may end Greek row: Austrian finmin (Reuters)
• Bill Gross and the Case for Buy Low and Hold (The Motley Fool)
• Strauss-Kahn back in France within days: Socialist leader Aubry (Reuters)
• Carrefour posts net loss in 1st half (AP)
• White House could unveil mortgage plan next week (Reuters)
• Nebraska governor asks Obama to nix Keystone pipeline (Reuters)
• Some U.S. firms paid more to CEOs than taxes: study (Reuters)
• Ford announces the cloud-connected Evos Concept car (Digital Trends)

Stimulus hopes lift Wall St but telecoms drag (Reuters) Posted: 31 Aug 2011 09:31 AM PDT Reuters - Stocks rose on Wednesday as another round of soft economic data supported the growing belief the Federal Reserve will take new steps to stimulate growth.

U.S. moves to block AT&T, T-Mobile deal (Reuters) Posted: 31 Aug 2011 09:24 AM PDT Reuters - The U.S. government sued to block AT&T's $39 billion deal to buy T-Mobile USA because of anti-competition concerns, launching the biggest challenge to a takeover by the Obama administration.

Data shows softening in economy, no recession (Reuters) Posted: 31 Aug 2011 07:38 AM PDT Reuters - The pace of U.S. private sector job growth slowed in August for the second month in a row, but factory activity in the Chicago area continued to expand, suggesting the economy would dodge a recession.

Motorola deal offers Google tax, patent benefits (Reuters) Posted: 31 Aug 2011 08:19 AM PDT Reuters - FAIRFIELD, Conn./CHAPEL HILL, North Carolina (Reuters) -- Google Inc's blockbuster acquisition of Motorola Mobility Holdings Inc will bring an unusual stable of tax and accounting benefits to the search-engine giant, already one of Corporate America's most savvy users of such perks.

New blow for BP in Russia as office raided (Reuters) Posted: 31 Aug 2011 08:13 AM PDT Reuters - Black-clad special forces raided BP's Moscow offices on Wednesday, deepening the British company's problems in Russia after its attempts to salvage an oil exploration agreement in the Russian Arctic collapsed.

TMX suitor Maple says pushing ahead with bid (Reuters) Posted: 29 Aug 2011 01:59 PM PDT Reuters - Maple Group's plan to acquire TMX Group is on track, despite a retreating share price for the Toronto Stock Exchange operator.

Japan factory output falls short of expectations (AP) Posted: 31 Aug 2011 02:50 AM PDT AP - Japan's industrial production fell short of expectations in July as a strong yen, power shortages and slowing global economy compounded the struggle to recover from the March 11 earthquake and tsunami.

Brown-Forman posts higher 1Q profit (AP) Posted: 31 Aug 2011 06:53 AM PDT AP - Brown-Forman Corp. said Wednesday its first-quarter profit rose 6 percent as its flagship Jack Daniel's lineup posted double-digit revenue growth and the liquor company posted strong sales overseas.

Exclusive: Collateral fees may end Greek row: Austrian finmin (Reuters) Posted: 31 Aug 2011 06:46 AM PDT Reuters - Euro zone countries are discussing ways to charge fees on any collateral Greece would use to back bailout loans, an approach that could resolve a nasty row over a second rescue package, Austrian Finance Minister Maria Fekter told Reuters.

Bill Gross and the Case for Buy Low and Hold (The Motley Fool) Posted: 31 Aug 2011 08:21 AM PDT The Motley Fool - Bill Gross, head of bond giant PIMCO, made news earlier this year by getting out of U.S. Treasuries.

Strauss-Kahn back in France within days: Socialist leader Aubry (Reuters) Posted: 31 Aug 2011 05:52 AM PDT Reuters - Dominique Strauss-Kahn is expected to return to France within days, Socialist Party leader Martine Aubry said on Tuesday, after the end of a criminal case against the former IMF chief left him free to leave the United States.

Carrefour posts net loss in 1st half (AP) Posted: 31 Aug 2011 03:51 AM PDT AP - Europe's largest retailer Carrefour SA Wednesday posted an unexpected net loss in the first half and abandoned its growth target for the year amid the economic slowdown.

White House could unveil mortgage plan next week (Reuters) Posted: 31 Aug 2011 05:48 AM PDT Reuters - The Obama administration is considering unveiling new plans next week to revive the ailing housing market and reduce foreclosures, including an effort to help troubled borrowers refinance their mortgages.

Nebraska governor asks Obama to nix Keystone pipeline (Reuters) Posted: 31 Aug 2011 08:41 AM PDT Reuters - The governor of Nebraska urged President Barack Obama's administration on Wednesday to deny a key permit for TransCanada's Keystone XL crude oil pipeline from Alberta, Canada to the Gulf Coast of Texas.

Some U.S. firms paid more to CEOs than taxes: study (Reuters) Posted: 31 Aug 2011 09:12 AM PDT Reuters - Twenty-five of the 100 highest paid U.S. CEOs earned more last year than their companies paid in federal income tax, a pay study by a Washington think tank said on Wednesday.

Ford announces the cloud-connected Evos Concept car (Digital Trends) Posted: 30 Aug 2011 09:23 PM PDT Digital Trends - In advance of the Frankfurt Auto Show in September, Ford announced the Evos Concept, an automobile that communicates with the cloud many consumer friendly uses. By integrating a driver’s daily schedule into the car, the Ford Evos Concept can automatically choose driving routes that are best suited for making a meeting on time. When integrated into home automation, it can communicate with lighting in a home and a garage door opener to trigger when arriving or leaving. The Ford Evos Concept can also continue playing specific music or news when a driver leaves or arrives at the house, if integrated into a home sound system. Â

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