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Fed debates approach as inflation fears grow

A fight looms Tuesday in the US Federal Reserve as policy makers wrestle over whether the threat of inflation should prevent them from feeding more money into the economy to boost jobs. While one camp on the Federal Open Market Committee is believed to favor a hopefully stimulative economic measure…

LIVE Video: Global Protests of Wall Street

Occupy Wall Street has led a global protest in 74 cities, including New York City, on Wall Street. WATCH LIVE: Watch live streaming video from globalrevolution at livestream.com…

Father of UBS trader says he is ‘man of integrity’

The father of the trader charged over an alleged $2 billion fraud at Swiss bank UBS said Saturday he was preparing to fly to London to be with his son, whom he described as a “man of integrity”. John Adoboli, the father of 31-year-old trader Kweku Adoboli, urged the world…

GM, United Auto Workers agree on new contract

The United Auto Workers said it had reached a new labor agreement with General Motors Co., although details of the settlement were being withheld, pending a ratification meeting with local union leaders. The UAW’s old agreement expired Wednesday but the union was barred from striking under the terms of the…

States join suit against AT&T takeover of T-Mobile

WASHINGTON — Seven US states threw their support on Friday behind the Department of Justice lawsuit seeking to block AT&T’s $39 billion takover of T-Mobile. The Justice Department said the attorney generals of California, Illinois, Massachusetts, New York, Ohio, Pennsylvania and Washington had joined the suit filed in US District…

Jeb Bush to lead for-profit disaster response company

Former Florida Gov. Jeb Bush (R) managed several hurricanes and natural disasters during his two terms as the state’s executive, but now he is preparing to respond to storms from the helm of a for-profit company instead of from within the governor’s mansion. Bush’s newly created firm, Old Rhodes Holding…

With update to PS3 agreement, Sony removes its users’ right to sue

Sony has become the latest company to force its users into a binding mandatory arbitration (BMA) agreement through a change in its terms of service, effectively removing customers’ right to collectively sue by preventing them from using PlayStation 3 consoles online if they do not agree. The change in the…

Virginia passes toughest abortion clinic restrictions in nation

The Virginia Board of Health passed a set of regulations on Thursday that represent the most significant legal challenge to abortion providers anywhere in the nation: rules that could ultimately force all the state’s clinics to shut down. The new rules are similar to those passed by Kansas earlier this…

Patent reform package will drive economic growth: officials

President Barack Obama will sign the America Invents Act Friday, a package of changes to the U.S. patent system that administration officials insist will spur the economy and job creation and speed lifesaving medical breakthroughs. The AIA is the most dramatic reform to the patent system since the Patent Act…

Blackberry’s UK service would shut down on government orders

LONDON, Sept 15 (Reuters) – BlackBerry said on Thursday it would work with mobile operators to switch off its popular messenger service if they were ordered by authorities to do so during civil unrest, after police singled out the system as a key tool used in last month’s riots. Appearing…

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