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NEWS_764997 | Exelon in talks to buy PSE amp;G Exelon, the Chicago-based energy group, is in advanced talks to clinch a deal to buy New Jerseys PSE amp;G for about \$12bn in stock, according to people familiar with the talks. |
NEWS_764998 | Oil jumps again as cold weather lingers NEW YORK - Crude oil futures gained more than \$2 US a barrel Friday as slumping inventories and frigid forecasts pushed oil to its highest level of the month. |
NEWS_764999 | Cantwell says mad cow feed loopholes still aren #39;t closed A year after the first US case of mad cow disease was reported, Sen. Maria Cantwell says the Food and Drug Administration still has not fulfilled its promise to tighten animal feed rules to help prevent future cases. |
NEWS_765000 | Revving up the state's economy with brainpower Jack M. Wilson became president of the University of Massachusetts system in March, overseeing five campuses and 60,000 students. Among his goals: making UMass a driver of the state economy. He spoke with Globe staff reporter Robert Gavin about the school's role in economic development. |
NEWS_765001 | Russian police stage new raid on Yukos MOSCOW - Russian police staged a new raid at the office of Yukos and questioned a company executive, Interfax news agency quoted the general prosecutor #39;s office as saying, a day after the ailing oil giant filed for voluntary bankruptcy in a US court. |
NEWS_765002 | Bush team sees growth easing in #39;05 WASHINGTON US economic growth will slow to 3.5 percent in 2005, but still generate average monthly job gains of about 175,000, the Bush administration predicted Friday in a rosy annual forecast that promised solid growth, low inflation and falling |
NEWS_765003 | German business confidence surges A key index of German business confidence surged to eight-month high in December, the Munich-based Ifo economic research institute reported Friday. |
NEWS_765004 | How can I address a problem of disrespect before it gets worse? Q: I have a colleague in another department who is extremely pushy and rude toward me . Not only can she can be very short and abrasive, but I'm afraid she's not even aware that she's talking down to me. We work together -- I do not work for her. How can I address this problem of disrespect before it ... |
NEWS_765005 | American Airlines Gets Credit Line Boost AMR Corp., the owner of American Airlines, said Friday that it received a \$850 million, revolving credit line, replacing a \$834 million line that was set to expire next year. |
NEWS_765006 | A primer on office politics, good and bad One doesn't have to get past the first page of this book before corporate consultants and coaches Rick Brandon and Marty Seldman spell out one of the major problems many corporations face today: ''For most people, the words integrity and politics don't mix." |
NEWS_765007 | Wasserstein Files Lazard IPO Plan With Regulators (Update3) Bruce Wasserstein, head of Lazard LLC, filed today to sell \$850 million of shares of the largest closely held investment banking partnership, moving toward a resolution of a feud between two powers of the financial world. |
NEWS_765008 | Exelon Reportedly In Talks to Buy PSE amp;G Exelon (EXC:NYSE - news - research) is reportedly in advanced talks to buy New Jersey #39;s largest utility group, Public Service Enterprise Group (PEG:NYSE - news - research). |
NEWS_765009 | DaimlerChrysler Sued Over Car Seat Injury DETROIT (Reuters) - DaimlerChrysler AG <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=DCX.N target=/stocks/quickinfo/fullquote">DCX.N</A> <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=DCXGn.DE target=/stocks/quickinfo/fullquote">DCXGn.DE</A> has been hit with a multimillion-dollar lawsuit filed by a paraplegic who says the automaker's heated car seats caused him a severe burn injury. |
NEWS_765010 | Gym gear that avoids exercises in futility Overindulge this holiday season? To make up for it, many people will shop for high-tech treadmills or mail-order machines that will shrink their thighs while they make low, low monthly payments. |
NEWS_765011 | Symantec shares slide on news of Veritas buy Symantec moved a step closer to joining the ranks of the leading broad-based corporate software sellers yesterday as it announced a \$12.5bn all-stock agreement to buy storage and data back-up company Veritas. |
NEWS_765012 | Nice flat Mr Murdoch, yours for \$44m The lavish apartment is, says Kirk Henckels - who finds the super-rich their homes in Manhattan - quot;definitely the best of the best quot;. |
NEWS_765013 | Banks Scrutinize Their Accounting The nation #39;s banks are heavy users of the complex financial contracts at the heart of Fannie Mae #39;s accounting woes, but bank regulators and financial experts said banks likely will avoid Fannie #39;s troubles. |
NEWS_765014 | Eye On Stocks For Monday, Dec. 20 NEW YORK - On. Dec. 17, the US Food and Drug Administration released a statement relating to Pfizer #39;s (nyse: PFE - news - people ) Celebrex. |
NEWS_765015 | UPDATE 2-Investment firm Lazard files for \$850 mln IPO Private investment bank Lazard Ltd filed with US regulators on Friday to raise as much as \$850 million in an initial public offering |
NEWS_765016 | #39;Culture change #39; required at AstraZeneca after key drug fails Astrazeneca Admitted yesterday to an over-optimistic culture within its drug development division as it revealed its recently launched lung cancer pill did not improve patients #39; life expectancy. |
NEWS_765017 | DaimlerChrysler Sued Over Car Seat Injury (Reuters) Reuters - DaimlerChrysler AG (DCXGn.DE)\has been hit with a multimillion-dollar lawsuit filed by a\paraplegic who says the automaker's heated car seats caused him\a severe burn injury. |
NEWS_765018 | Population decline? It's the economy, stupid In the year that ended June 30, 2004, Massachusetts was the only state in the country that lost population -- 3,852 people to be exact. So here is my question: Are we Sweden or North Dakota? |
NEWS_765019 | Rupert Murdoch pays a sky-high 22m for Fifth Avenue penthouse <b>...</b> Rupert Murdoch is moving. The owner of News Corporation was said yesterday to have offered \$44m (22m) for an elegant, three-level penthouse apartment facing Central Park on Manhattan #39;s fashionable Fifth Avenue. |
NEWS_765020 | Pfizer's Celebrex Lifts Heart Attack Risk in Trial (Reuters) Reuters - Pfizer Inc. on Friday said its popular\Celebrex arthritis drug more than doubled the risk of heart\attack in a large cancer-prevention trial, a setback that comes\just weeks after Merck Co. recalled its similar Vioxx drug\due to heart safety risks. |
NEWS_765021 | CELEBREX UNDER MICROSCOPE US drug giant Pfizer has said a trial had found a sharp rise in heart attacks for patients using its Celebrex arthritis and pain medicine but it would not immediately withdraw the treatment. |
NEWS_765022 | Yukos sale: Russia defies US American courts came into direct conflict with Russia yesterday, after Russia insisted it would push on with plans to sell off the main chunk of stricken oil giant Yukos |
NEWS_765023 | Japan #39;s central bank downgrades its assessment of the economy Japan #39;s central bank offered a bleaker assessment of the country #39;s economy Friday for the first time in more than a year and a half, citing weaker industrial production and slowing export growth. |
NEWS_765024 | Banks Drop Support of Bid for Russian Oil Giant #39;s Unit Russia brushed aside an American court #39;s attempt to halt the auction of the oil giant Yukos #39; biggest production unit, but a consortium of international banks withdrew |
NEWS_765025 | Aviation Fight Mirrors Larger French-German Rivalry In the global aerospace race, Europe has stolen a march on the United States, winning a flurry of contracts for Airbus planes and developing a new midsize jet to compete with Boeing. |
NEWS_765026 | Third AstraZeneca drug found wanting AstraZeneca faced its third major setback in as many months yesterday after clinical trials dashed expectations that its lung cancer drug Iressa would develop into a blockbuster product that would dominate treatment around the world. |
NEWS_765027 | Consumer prices in US edge higher which jumped steeply the previous month - increased only modestly, official figures showed yesterday. Inflation |
NEWS_765028 | FDA urged to drop fish mercury level Researchers are urging the US Food and Drug Administration to lower the mercury level in commercial fish. In a study on canned fish published in this month #39;s Journal of Food Science |
NEWS_765029 | Murdoch bids \$44m for flat THE billionaire media mogul Rupert Murdoch has offered to buy a three-storey penthouse in Manhattan for a record \$44 million (21.6 million). |
NEWS_765030 | IHG sells 13 North American hotels InterContinental Hotels Group passed another milestone in its wide-ranging asset disposal programme yesterday when it sold 13 of its North American properties for \$425m (220m). |
NEWS_765031 | US court move fuels the mixture The US ruling to block the sale of the mainproduction asset of Yukos injected fresh intrigue into the demise of Russia #39;s largest oil company. |
NEWS_765032 | United pilots #39; cooperation on pensions expected to affect other <b>...</b> CHICAGO _ The leaders of United Airlines pilots union have agreed to accept a 15 percent pay cut and not oppose the elimination of their pension plan, setting a precedent both |
NEWS_765033 | Russia Pursues Contested Yukos Sale Description: Russian officials make it clear they plan to proceed with an auction of oil company Yukos #39; main production unit, despite a restraining order from a US court. |
NEWS_765034 | AZ suspends marketing of cancer drug AstraZeneca, the Anglo-Swedish pharmaceutical group, suffered another setback when it suspended marketing of Iressa, a lung cancer drug launched this year. |
NEWS_765035 | Consumer Prices Calm Down in November (AP) AP - Consumer prices calmed down in November, helped by smaller increases in energy and food. That means the Federal Reserve probably will continue raising interest rates only gradually to keep inflation under control. |
NEWS_765036 | Pricey Trials Turn Up Few New Blockbusters The \$500 billion drug industry is stumbling badly in its core business of finding new medicines, while aggressively marketing existing drugs. |
NEWS_765037 | UPDATE 1-US concerned about UAL/pilots deal on pension plan The US agency that insures corporate pensions is troubled by provisions in a \$180 million concession deal between pilots and United Airlines (UALAQ. |
NEWS_765038 | A Tenuous Hold on Middle Class Even as African Americans and other minorities have made economic progress in the last 40 years, many of those reaching the middle-income rung are finding it a hollow promise. |
NEWS_765039 | Bush's Economic Vision The president's plan to partially privatize Social Security probably won't adversely impact financial markets, even if the program entails hundreds of billions of dollars in debt, Treasury Secretary John W. Snow said Friday. |
NEWS_765040 | Pension Agency Wary of UAL Deal United Airlines parent UAL Corp. and leaders of its pilots union have agreed on a deal under which the pilots will not oppose termination of their pension plan but will receive a \$550 million note convertible into company stock when the airline emerges from bankruptcy protection. |
NEWS_765041 | Celebrex Trial Halted A clinical trial of the blockbuster arthritis drug Celebrex was shut down Friday after researchers found an increase in the risk of serious heart disease and strokes in those taking the drug. |
NEWS_765042 | Security, Storage To Merge When solution providers look back on Symantec #39;s acquisition of Veritas Software, they will likely remember it as the moment security and storage officially became joined at the hip. |
NEWS_765043 | Japan #39;s central bank downgrades its assessment of the economy? <b>...</b> Japan #39;s central bank downgraded its assessment of the economy for the first time in more than a year Friday, citing weakening industrial production and slowing export growth. |
NEWS_765044 | Pension Agency Wary of UAL Deal United Airlines parent UAL Corp. and leaders of its pilots union have agreed on a deal under which the pilots will not oppose termination of their pension plan but will receive a \$550 million note convertible |
NEWS_765045 | Feds forecast better 2005 WASHINGTON - The Bush administration released a new economic forecast for 2005 on Friday in which it boosted growth forecasts slightly from a year ago but cut back sharply on its estimates of new jobs. |
NEWS_765046 | Pilots' Union at United Makes Pension Deal The union that represents pilots at United Airlines said Friday that it had struck a deal that would allow the airline to terminate the pilots' ailing pension plan. |
NEWS_765047 | quot;US economy growth to slow down next year quot; Washington, Dec. 18. (PTI):The growth rate of United States will slow down a little bit next year though the general economic conditions quot;look very sound, quot; Bush #39;s economic advisers have warned. |
NEWS_765048 | Pilots #39; Union at United Makes Pension Deal The union that represents pilots at United Airlines said yesterday that it had struck a deal that would allow the airline to terminate the pilots #39; ailing pension plan and partly compensate them for the loss. |
NEWS_765049 | Biggest Utility in New Jersey Seen as Target of Acquisition The Exelon Corporation, the owner of utilities in northern Illinois and eastern Pennsylvania, is in talks to acquire P.S.E. G. |
NEWS_765050 | Lazard I.P.O. Seeks to Raise \$850 Million Lazard, the financial advisory boutique, filed for an initial public offering that is expected to command a valuation of around \$3 billion. |
NEWS_765051 | Banks Drop Support of Bid for Russian Oil Giant's Unit A consortium of international banks has withdrawn their support for a bid by the state gas monopoly Gazprom to buy one of Yukos's prized assets. |
NEWS_765052 | White House Predicts Slower Growth in 2005 The Bush administration predicted on Friday that economic growth would slow to 3.5 percent from about 4 percent next year but still be strong enough to reduce unemployment slightly. |
NEWS_765053 | High dosage of Celebrex carries heart attack, stroke risk, Pfizer <b>...</b> Pfizer Inc. said Friday that it found an increased risk of heart attacks and strokes for patients taking high dosages of its top-selling arthritis painkiller Celebrex, the same |
NEWS_765054 | Exelon in talks to buy PSEG for \$12bn Exelon, the US energy group, is in advanced talks to buy the Public Service Enterprise Group (PSEG) for about \$12bn in stock, according to people familiar with the talks. |
NEWS_765055 | White House Predicts Slower Growth in 2005 The Bush administration predicted on Friday that economic growth would slow next year but still be strong enough to reduce unemployment slightly. |
NEWS_765056 | American Express to cut 2,000 jobs American Express Co said it will cut 2,000 jobs, or 2.5 per cent of its work force, in a restructuring designed to save more than USD 75 million a year before taxes. |
NEWS_765057 | The chatty skies THE WORLD does not need cellphones in the sky. They #39;re causing enough trouble on the ground. Here #39;s hoping the Federal Communications Commission gets a load of mail nixing its proposal to lift the current |
NEWS_765058 | Pfizer: Celebrex heightens heart risk PHILADELPHIA - Pfizer Inc. said Friday that its popular pain-reliever Celebrex may double the risk of heart attack at high doses, triggering a torrent of new warnings about an entire class of drugs used by millions. |
NEWS_765059 | Iressa more trouble for AstraZeneca AstraZeneca PLC #39;s shares plunged 7.7 percent Friday after a study found that its new lung-cancer drug Iressa failed to improve survival rates among patients. |
NEWS_765060 | Pfizer leaves the arthritis drug on the market despite problems <b>...</b> The nation #39;s top arthritis painkiller, Celebrex, raises the risk of major heart problems when taken at high doses, the drug #39;s maker said Friday. |
NEWS_765061 | Yukos auction is on despite order by Houston judge Workers in Moscow, self-exiled executives in London and Houston and industry watchers the world over are waiting for the death knell for Russia #39;s second largest oil company. |
NEWS_765062 | Rivals hope for the worst Looking for a cloud in Symantec #39;s latest silver lining, competitors are hoping the company #39;s acquisition of storage software maker Veritas will be a stumbling block for the security firm. |
NEWS_765063 | Sprint-Nextel merger widens gap to mobile #39;s #39;have nots #39; Now that wireless is officially a land of giants, what happens to all the Lilliputians? With Sprint and Nextel announcing their merger Wednesday - \$35 billion deal |
NEWS_765064 | United pilots set to vote on pay cut SAN FRANCISCO (CBS.MW) -- Pilot leaders at United Airlines unanimously endorsed a tentative agreement that will cut pay by 15 percent, opting to accept management #39;s demands rather than risk the chance of losing more in federal bankruptcy court. |
NEWS_765065 | Clinical trial links Celebrex to heart risk In an announcement that many doctors were waiting for, Pfizer Inc. said its top-selling painkiller Celebrex -- which is similar to Vioxx -- caused an increased risk of heart attacks when used in high doses during a clinical trial. |
NEWS_765066 | Russia rejects US order barring Yukos auction MOSCOW - Russia is vowing to proceed with an auction of oil giant Yukos #39; key production subsidiary, saying a US court ban is irrelevant. |
NEWS_765067 | United Starts Financing Search United Airlines has begun approaching potential lenders with its revamped business plan for financing to leave bankruptcy, the company said on Friday. |
NEWS_765068 | Yes, Options Really Are an Expense One of my favorite pastimes as the final ruling on expensing stock options came upon us has been to read the increasingly hysterical opinion pages of the San Jose Mercury News, the newspaper of record for Silicon Valley. |
NEWS_765069 | Firm looks to acquire Jersey #39;s top utility Public Service Enterprise Group, a heavyweight in setting public policy and promoting economic development in the state, is in talks to be acquired by a giant Chicago gas and electric company |
NEWS_765070 | Chiofaro to keep stake in towers Developer Donald J. Chiofaro will hang onto partial ownership of the two International Place office towers under an agreement reached yesterday in his high-profile bankruptcy case. |
NEWS_765071 | Job figures disappoint in Mass. The Massachusetts economic recovery remained stagnant last month as the unemployment rate dipped slightly, but employers sliced payrolls for the third time in four months, the state reported yesterday. |
NEWS_765072 | EUROPE MARKETS LONDON (CBS.MW) -- European stocks were mixed Friday, with Paris-listed stocks failing to shine but German stocks were boosted after business sentiment increased during November. |
NEWS_765073 | American Express to eliminate 2,500 jobs in restructuring New York (Dow Jones) -- American Express Co. said Friday it will cut 2,000 jobs, or 2.5 percent of its work force, in a restructuring designed to save more than \$75 million a year before taxes. |
NEWS_765074 | FCC May Allow Cell-Phone Use on Airplanes The Federal Communications Commission has voted to consider eliminating its ban on the use of cell phones on airplanes. The agency instituted the ban because of potential interference with ground-based cell systems. |
NEWS_765075 | Offering could bring in \$850 million; Wasserstein prevails SAN FRANCISCO (CBS.MW) -- Lazard, the last major privately held European investment bank, filed late Friday with US regulators to raise up to \$850 million in an initial public offering, apparently a victory for dealmaker Bruce Wasserstein. |
NEWS_765076 | Future looks bleak for Yukos HAMISH ROBERTSON: But first to Moscow where the future of Russia #39;s largest oil company, Yukos, isn #39;t looking too bright this weekend. |
NEWS_765077 | Stock Mutual Funds Perform Well in 2004 (AP) AP - Wall Street's fourth-quarter rally gave stock mutual funds a solid performance for 2004, with small-cap equity funds and real estate funds scoring some of the biggest returns. Large-cap growth equities and technology-focused funds had the slimmest gains. |
NEWS_765078 | German Business Sentiment Rises in Dec. BERLIN - German business sentiment improved unexpectedly in December after slumping sharply in November over concerns about high oil prices and worries that the strengthening euro could damage exports, a closely watched survey showed Friday. |
NEWS_765079 | GE's Transformation Seen Paying Off in 05 (Reuters) Reuters - After three years of playing down\expectations, General Electric Chief Executive Jeff Immelt has\delivered on the most important promise of his tenure by\telling analysts and investors exactly what they wanted to\hear: GE is back. |
NEWS_765080 | American Express to cut 2,000 jobs in restructuring American Express has said that it expects to record a pre-tax charge in the fourth quarter of 2004 of approximately \$100 million to \$120 million in connection with various restructuring activities that it is undertaking within certain business units and |
NEWS_765081 | Plans for air calls Air passengers could soon be allowed to use their mobile phones during flights, Sky News reports. Planes are currently one of the few sanctuaries from the modern curse of the mobile ring tone, but America #39;s |
NEWS_765082 | Pfizer #39;s Celebrex, Increased Heart Risk Linked A woman walks past the Pfizer headquarters in New York. The pharmaceutical giant warned of an increased risk of heart attack for its drug Celebrex. |
NEWS_765083 | Murdoch offers \$44 million for Manhattan penthouse MUMBAI: Media moghul and billionaire chairman of News Corp Rupert Murdoch has, according to agency reports, offered to buy a penthouse in New York #39;s upscale Manhattan area for cool \$44 million. |
NEWS_765084 | Lazard files for \$850M IPO Lazard Ltd., the international investment bank, late Friday, Dec. 17, filed an initial prospectus with the Securities and Exchange Commission for an \$850 million IPO. |
NEWS_765085 | Toys 'R' Us banks on strategy With one week left until Christmas, customers can still find some of the season's hottest toys, like Dora's Talking House and Bella Dancerella, a ballet kit, at Toys "R" Us Inc. But it's a different story at rival Wal-Mart Stores Inc. , whose inventory of many of the popular items has been depleted. |
NEWS_765086 | Administration cuts job growth forecast The Bush administration, after being ridiculed by Democrats for an overly optimistic jobs forecast this year, yesterday significantly reduced its forecast for new jobs that will be created in 2005. It slightly boosted its estimate for overall economic growth. |
NEWS_765087 | Lazard files long-awaited \$850m IPO plan Investment bank Lazard filed yesterday for its long-awaited initial public offering, asking to sell up to \$850 million in stock. |
NEWS_765088 | MetLife may be sued over Boston unit MetLife Inc. , the second-largest US life insurer, said the Securities and Exchange Commission may sue the company for improperly recording expenses at its New England Life Insurance Co. unit. |
NEWS_765089 | Murdoch Offers Record Amount for Triplex Description: News mogul Rupert Murdoch pays a record-setting \$44 million for a three-story Fifth Avenue penthouse in Manhattan formerly inhabited by the late Laurance Rockefeller. |
NEWS_765090 | No-Fuss Budgets Some people think a budget means they have to live an austere life. In fact, in an effort to get people to budget, some experts say don't call it a budget at all. |
NEWS_765091 | Stocks to Hold Up, But Anxiety Over Drugs (Reuters) Reuters - U.S. stocks should hold firm next week\with little economic data or corporate news on tap to move the\market going into the Christmas holiday, strategists said. |
NEWS_765092 | Despite Mega-Deals, Small Mergers Rule (Reuters) Reuters - Despite the euphoria of one of the\busiest weeks in U.S. mergers and acquisitions in almost five\years, Wall Street investment bankers cannot live by mega-deals\alone. |
NEWS_765093 | Sabotage Stops Iraq's North Oil Exports (Reuters) Reuters - Saboteurs blew up Iraq's northern\export pipeline for the second week in a row on Saturday,\halting oil flows to Turkey's Ceyhan port, oil officials said. |
NEWS_765094 | Russia to hold Yukos auction despite US ruling MOSCOW - Russia said on Friday it would go ahead with an auction to sell the key asset of embattled oil company Yukos despite a US bankruptcy court decision to block it for several days. |
NEWS_765095 | Stocks to Hold Up, But Anxiety Over Drugs NEW YORK (Reuters) - U.S. stocks should hold firm next week with little economic data or corporate news on tap to move the market going into the Christmas holiday, strategists said. |
NEWS_765096 | Despite Mega-Deals, Small Mergers Rule Philadelphia (Reuters) - Despite the euphoria of one of the busiest weeks in U.S. mergers and acquisitions in almost five years, Wall Street investment bankers cannot live by mega-deals alone. |