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Groups sue to stop seismic oil exploration in Arctic seas 5 May 08, 23:11 ET AP - Alaska Native and environmental groups sued Monday to stop exploration by oil companies this summer in Arctic waters frequented by whales, seals and other marine species. more Jamaica to divest national airline 5 May 08, 22:52 ET AP - Jamaica signed an agreement with a U.S. federal trade agency Monday to get its debt-ridden national airline off its books by 2009. more Yahoo CEO open to more Microsoft talks 5 May 08, 22:32 ET Reuters - Yahoo Inc chief Jerry Yang signaled a more open stance towards Microsoft Corp on Monday, saying he had been seeking common ground when the software maker abruptly ended deal talks. more Sprint in M&A play, shares surge 5 May 08, 22:06 ET Reuters - Reports of a possible sale of Sprint Nextel Corp to Deutsche Telekom AG (DTEGn.DE) or a Nextel unit spinoff raised hopes of a reprieve for the embattled mobile operator, lifting its shares 10 percent. more Wal-Mart expands low-price drug program; Target follows 5 May 08, 22:02 ET AP - Wal-Mart Stores Inc., the world's largest retailer, announced Monday it would expand its discounted prescription drug program to offer 90-day supplies for $10 and add several women's medications at a discount. It also said it would lower the price of more than 1,000 over-the-counter drugs. more Bernanke: High foreclosure rates hurt broad economy 5 May 08, 20:32 ET Reuters - Federal Reserve Chairman Ben Bernanke on Monday said conditions in mortgage markets remain strained, posing a threat to the economy, and urged steps be taken to prevent home foreclosure where possible. more Wal-Mart expanding its low-priced drug program 5 May 08, 20:08 ET Reuters - Wal-Mart Stores Inc expanded its low-priced drug program, saying on Monday that it is now offering more than 1,000 over-the-counter items for $4 or less and selling some 90-day generic prescriptions for $10. more Target sells stake in credit card receivables to JPMorgan 5 May 08, 20:05 ET AP - Target Corp. said Monday it will sell nearly half its credit-card receivables to JPMorgan Chase & Co. for $3.6 billion, a move the retailer had long resisted. more Tropicana Entertainment to file for Chapter 11 protection 5 May 08, 18:05 ET AP - The fallout from losing its New Jersey casino license will force the owner of Tropicana casinos in Atlantic City and Las Vegas to seek Chapter 11 bankruptcy protection, the company said Monday. more Merck to cut 1,200 sales jobs following regulatory setback 5 May 08, 18:01 ET AP - Merck & Co. said Monday it is eliminating 1,200 U.S. sales jobs, a move that comes a week after federal regulators' surprise rejection of an experimental cholesterol drug heavily touted by the pharmaceutical company. more Pilgrim's Pride posts loss, blames rising feed costs 5 May 08, 17:25 ET AP - Pilgrim's Pride Corp., the nation's largest chicken producer, said Monday its second-quarter loss widened from a year ago as it paid more for feed and took a restructuring charge. more Stocks end lower after Microsoft pulls Yahoo bid 5 May 08, 16:51 ET AP - Wall Street pulled back Monday after Microsoft Corp.'s decision to withdraw its bid for Yahoo Inc. and as oil prices rose to a new record over $120 a barrel. more Blu-ray Sales Stagnant, Unlikely To Improve in 2008 5 May 08, 16:39 ET NewsFactor - What if they called a war and no one showed up? Industry heavyweights may have fought hard on either side of the next-generation DVD battle, but consumers apparently have decided to take a pass. more Xobni Mines E-Mail Inboxes for Social Relationships 5 May 08, 16:32 ET NewsFactor - Would you like an e-mail account that is aware of your social relationships? Xobni, a San Francisco-based startup, is betting you would. more Fed says banks still tightening loan standards 5 May 08, 16:19 ET Reuters - Banks in the United States kept tightening lending standards and terms for both business and consumer loans over the past three months out of concern about a weakening economic outlook, according to a Federal Reserve survey issued on Monday. more Federal Reserve reports tighter bank lending standards 5 May 08, 16:10 ET AP - The Federal Reserve reported Monday that more banks are tightening lending standards on home mortgages, other types of consumer loans and business loans in response to a spreading credit crisis. more Yahoo investors seek Microsoft return 5 May 08, 15:39 ET Reuters - Yahoo Inc's shares tumbled on Monday as investors punished the company for rejecting Microsoft Corp's $47.5 billion bid, though the fall was cushioned by hopes a deal may still be possible. more Sun Challenges Linux Vendors With OpenSolaris 5 May 08, 15:22 ET NewsFactor - Sun Microsystems on Monday released the OpenSolaris operating system. Some industry analysts are suggesting the community-developed platform based on Sun's Solaris kernel could give Linux a new challenge. more Prosecutors in NY form subprime task force 5 May 08, 15:22 ET Reuters - Federal prosecutors in New York have formed a task force together with other government agencies to examine the collapse of the market for risky home loans, a spokesman for the U.S. Attorney's Office in Brooklyn said on Monday. more Pork, chicken prices may rise in next wave of food inflation 5 May 08, 14:56 ET AP - Americans may be getting another helping of food inflation, and it seems likely to come from higher prices for chicken and pork. more Wal-Mart expands low-price drug program 5 May 08, 13:29 ET AP - Wal-Mart Stores Inc., the world's largest retailer, announced Monday it would expand its discounted prescription drug program to offer 90-day supplies for $10 and add several women's medications at a discount. It also said it would lower the price of more than 1,000 over-the-counter drugs. more Nation's service economy unexpectedly expanded in April 5 May 08, 13:09 ET AP - The nation's service economy unexpectedly expanded in April after contracting for the previous three months. more Oil passes $120, gas prices slip more than a cent 5 May 08, 13:04 ET AP - Oil futures surged to a new record over $120 a barrel Monday, raising concerns about higher prices for gasoline and goods and services throughout the economy. Retail gas prices fell more than a cent over the weekend, but oil's advance increased the likelihood that pump prices would resume their climb. more Senators call for EPA to reconsider ethanol output mandate 5 May 08, 12:29 ET AP - Senate Republicans on Monday asked environmental regulators to use their power to halt the country's ethanol output expansion plans amid rising food prices. more Wall St falls on Countrywide worry, oil 5 May 08, 12:22 ET Reuters - Stocks fell on Monday after crude oil set another record high and concern grew that Bank of America may not complete a proposed buyout of ailing lender Countrywide Financial Corp . more New York oil price crosses 120 dollars for first time 5 May 08, 12:13 ET AFP - Oil prices crossed 120 dollars a barrel in New York Monday following fresh unrest in Nigeria, Africa's largest oil producer, and rising tensions between the West and Iran. more UAW strikes GM Kansas plant making Chevy Malibu 5 May 08, 11:49 ET Reuters - General Motors Corp union workers at a Kansas assembly plant making the hot-selling Chevrolet Malibu went on strike Monday morning, the automaker and the union said. more Impasse at GM's Fairfax - workers walk over seniority issues 5 May 08, 11:48 ET AP - Members of a United Auto Workers union local went on strike Monday at General Motors' Fairfax facility - hitting a plant that churns out GM's popular Malibu sedan. more Microsoft Walks From Yahoo, But Pressures Continue 5 May 08, 11:17 ET NewsFactor - After months of playing cat and mouse, it appears the Microsoft-Yahoo merger is dead. Microsoft walked away from the Yahoo acquisition over the weekend, and Yahoo's stock is feeling the impact. But is this really the end of the saga? more Analysts say BofA may lower Countrywide deal price 5 May 08, 11:12 ET Reuters - At least two analysts said Bank of America Corp will likely lower its purchase price for Countrywide Financial Corp , with Friedman, Billings Ramsey analyst saying the bank may bring down its deal price to the $0 to $2 level or completely walk away from the deal. more D.Telekom pressed to do M&A, looks at Sprint: sources 5 May 08, 11:00 ET Reuters - Deutsche Telekom AG's major shareholder, the German state, is pressing it to make large acquisitions in the hope of raising its sagging share price, a source familiar with the government's thinking said. more Yahoo shares plunge after Microsoft's exit 5 May 08, 10:50 ET Reuters - Yahoo Inc's shares tumbled as much as 20 percent on Monday after Microsoft Corp withdrew its $47.5 billion takeover offer, wiping about $7.6 billion off the Internet company's market capitalization and piling pressure on its leadership. more Marvel Entertainment profit beats Street estimates 5 May 08, 10:47 ET Reuters - Marvel Entertainment Inc , which licenses comic-book characters, posted a better-than-expected quarterly profit on strong global demand for its products, and also raised its 2008 outlook, sending its shares up 8 percent. more Central bankers sound alarm over food prices 5 May 08, 09:12 ET Reuters - Soaring food prices are helping to push up inflation all around the world, central bankers said on Monday, urging more market competition and free trade to even out prices. more Gen Y Needs to Assert Fiscal Activism 5 May 08, 08:08 ET BusinessWeek Online - Have you ever tried to climb a hill while carrying a 50-pound bag of rocks? Well, that's the sort of staggering financial burden that Gen Y-ers are facing as we start our working lives. more The [Virtual] Global Office 5 May 08, 08:08 ET BusinessWeek Online - It's not always easy to get new employees to mix well with co-workers -- especially when they're scattered across the globe or speak different languages. Few companies know this as well as IBM , the computer services provider that last year alone added 20,000 new staff members, many from Brazil, China, India, and Russia. more Can Fair Isaac Score Again? 5 May 08, 08:08 ET BusinessWeek Online - Credit scoring giant Fair Isaac shocked Wall Street on Apr. 28 with weaker than expected quarterly results, and its stock sank 12% the next day on the news. But things could get even worse for the company, analysts warn. With banks pulling back on lending and consumers buying fewer cars and homes, demand for Fair Isaac's ubiquitous FICO score -- the three-digit number that signals a customer's credit worthiness -- is dropping. more Nokia to offer "a lot of" new phones in the U.S. 5 May 08, 04:59 ET Reuters - Nokia (NOK1V.HE) is going to introduce many new phone models through U.S. carriers in coming months to grab a bigger share of the lucrative cell phone market, the Finnish phone maker said on Monday. more MyLaundryOnline.com a New Laundry and Social Network that Provides Online Laundry Services 5 May 08, 03:01 ET PRWeb - A Los Angeles based internet - web 2.0 company has launched a laundry social network that creates a viable business opportunities to laundry clients, vendors, college students and independent house cleaning brokers. more Photography Does Sell Real Estate 5 May 08, 03:01 ET PRWeb - A study conducted by a Real Estate web site Fizber.com found that property pictures that are poor or less-than-flattering can turn buyers off, leading to fewer leads and offers. more U.S. in "awfully pale recession," Greenspan quoted 5 May 08, 03:00 ET Reuters - The United States has fallen into an "awfully pale recession" and may remain stagnant for the rest of the year, former Federal Reserve chairman Alan Greenspan was quoted on Monday saying. more LaSalle Bank brand to disappear as BofA takes over 5 May 08, 00:19 ET AP - Bank of America Corp. will officially mark its $21 billion purchase of Chicago's LaSalle Bank Corp. on Monday, taking down LaSalle's green and yellow colors for the blue and red of Bank of America. more

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