Word: corpe
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...Wolff. The hard-charging 77-year-old mogul must be aware that for many journalists, "hatred of Murdoch had come to define the profession." But he and his feuding family--including four adult children, a scorned former wife and his current spouse, 39-year-old ex--News Corp. executive Wendi Deng--nonetheless opened themselves up to biographer Wolff's relentless questioning. The result is an inside account of the billionaire newsman's hard-fought, obsessive battle to acquire the Wall Street Journal. But as in Murdoch's more lowbrow publications, the real attraction here is the scandal: Wolff delves into...
South Carolina is hoping to persuade federal authorities to allow cell-phone jamming. Last week prison officials invited CellAntenna Corp. to demonstrate such technology for state and federal lawmakers. The prison system also invited representatives from the Department of Homeland Security and the Federal Communications Commission (FCC), which regulates jamming. The demonstration, however, drew opposition from the cell-phone industry's lobbying arm, CTIA - The Wireless Association, which sent a letter to the FCC urging the agency to block CellAntenna from "brazenly" violating federal law. The association's chief lobbyist, Steve Largent, a retired professional football player and former Congressman...
...annual production capacity in the Southeast Asian nation to 240,000 cars. Japanese pharmaceutical firms have also bought up American and Indian rivals. Overall, in the first 10 months of this year, foreign acquisitions by Japanese firms soared nearly fourfold to around $67 billion, according to Recof Data Corp. If the shopping binge continues, Japan could log its largest ever yearly overseas-acquisitions tally...
...alone employs more than 100,000 workers, the same number of autoworkers that have been laid off so far this year. And that's not to mention the hit the Federal Government would take if GM dumps its pension, insured by quasi-governmental agency the Pension Benefit Guarantee Corp.; with nearly 1 million participants, it is the largest private defined-benefit pension plan in the U.S. Some experts estimate that that hit alone could cost taxpayers more than $100 billion, with another $100 billion in lost tax revenues and $10 billion in increased Medicaid expenditures annually...
...vote of no confidence from the government would cause consumers to flee the banks, taking deposits and forcing the firms to liquidate or be sold. Among the nation's largest banks that have not yet announced they have been approved for the government's TARP assistance are Synovus Financial Corp, M&T Bank, New York Community Bancorp, Colonial Bancgroup and the South Financial Group...