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NBC Universal to buy The Weather Channel for $3.5B
NEW YORK - NBC Universal and two partners said Sunday they have reached a deal to buy The Weather Channel from Landmark Communications Inc., ending a drawn-out process that had attracted interest from several major media companies.
Wall Street gets ready for earnings, oil moves
NEW YORK - Investors battered by surging energy prices, disappointing economic data and the ongoing credit crisis will have something else to worry about this week _ second-quarter corporate results.
G-8 leaders face rising expectations at summit
RUSUTSU, Japan - The world's top industrialized nations begin their annual summit Monday confronted with demands they reinvigorate the world economy, push ahead languishing climate change talks and make good on pledges to battle poverty and hunger.
Bush defends decisions on North Korea, Olympics
TOYAKO, Japan - President Bush on Sunday defended removing North Korea from the list of state sponsors of terrorism and attending the opening ceremonies of the Beijing Olympics as world leaders assembled to address soaring gas prices, climate change and African aid.
Long wait for satellite radio deal may end soon
WASHINGTON - Sirius Satellite Radio Inc.'s acquisition of rival XM Satellite Radio Holdings Inc. may be cleared by federal regulators this month, and it can't happen fast enough for XM.
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R.I. lead paint loss gives industry huge win
PROVIDENCE, R.I. - Communities and child health advocates around the country had pinned their hopes on Rhode Island prevailing in its landmark lawsuit against the lead paint industry.
The buck doesn't stop here; it just keeps falling
WASHINGTON - Things in the U.S. sure are tough. Brother, can you spare a euro? Signs saying "We accept euros" are cropping up in the windows of some Manhattan retailers. A Belgium company is trying to gobble up St. Louis-based Anheuser-Busch, the nation's largest brewer and iconic Super Bowl advertiser.
OPEC chief: Strong demand will keep oil prices up
ALGIERS, Algeria - OPEC chief Chakib Khelil says the world's surging oil prices are not likely to fall.
China premier: Continue inflation fight
BEIJING - China's premier called for continued vigilance against inflation that has reached 12-year highs, saying the government should ensure that price increases are "acceptable," a state-run news agency reported Sunday.
Housing market in Welsh town shows wider woes
WREXHAM, Wales - During a bustling lunch hour in this Welsh commuter town, 25-year-old Richard Williams is one of the few who pause to look at properties for sale in a real-estate agent's window _ and he isn't buying.
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