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Top Business News Headlines
Sunday, 11:45:22 PM EST
Cablevision Systems Corp. is close to buying the Long Island newspaper Newsday from Tribune Co. for $650 million, a person with knowledge of the situation said Sunday. FULL STORY


Monday, 06:08:05 AM EST
MBIA is posting a large first-quarter loss, as the struggling bond insurer took heavy charges to write down the value of certain liabilities amid continued deterioration in the credit markets. FULL STORY


Monday, 06:09:16 AM EST
U.S. stocks headed for a moderately higher open Monday as oil prices ticked lower and the dollar advanced. FULL STORY


Monday, 06:10:01 AM EST
A blood thinner manufactured in China and linked to dozens of deaths in the United States is now safe because of tighter testing and controls, a top American health official said Monday, while warning that all U.S. imports would face closer scrutiny in the future. FULL STORY


Monday, 05:05:26 AM EST
Oil prices retreated Monday in Asia from last week's record close near $126 a barrel as the dollar strengthened against the euro and yen. FULL STORY


Monday, 04:57:28 AM EST
A senior Toyota executive said Monday that plans for a new auto assembly plant in Mississippi are being delayed by worries about slumping American auto sales and a broader U.S. economic slowdown. FULL STORY


Monday, 06:10:39 AM EST
HSBC Holdings PLC said Monday that first-quarter profit was better than a year ago, despite a $3.2 billion write-down on subprime mortgage assets in the United States. FULL STORY


Monday, 01:29:54 AM EST
China's inflation rebounded in April to near decade-high levels, adding to pressure on Beijing to cool rapid price rises and avert possible unrest ahead of the Summer Olympics, according to official data reported Monday. FULL STORY


Monday, 04:53:50 AM EST
Pollo Campero, a Latin American fried-chicken favorite that had been seen in the U.S. only in takeout boxes aboard arriving flights, has teamed up with Wal-Mart to expand its reach to the nation's growing Hispanic population. FULL STORY


Monday, 05:42:36 AM EST
Mortgage insurer PMI Group Inc. said Monday it swung to a first-quarter loss from year-ago profit, due to hefty payouts on default claims and charges to write off its investment in bond insurer FGIC. FULL STORY


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