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» WALL STREET EDGES HIGHER AHEAD OF NEW DATA
Wall Street rose slightly Wednesday as investors tried to brush off fresh worries about the health of European banks.
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» BP PROBE SPREADS BLAME FOR GULF OIL SPILL

The damaged blowout preventer from the Deepwater Horizon oil rig is extracted from the Gulf of Mexico on Saturday.Oil giant BP said in an internal report on Wednesday that multiple companies and work teams contributed to the massive Gulf of Mexico spill that fouled waters and shorelines for months.



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» ORACLE: HURD ELIGIBLE FOR UP TO $10M BONUS
Oracle Corp said its newly appointed president, Mark Hurd, will be paid an annual salary of $950,000 and the former HP chief will be eligible for a target bonus of $5million-$10 million.
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» HOME BUYING PACE RISES, MOST ARE REFINANCINGS
Americans applied to buy homes at the highest pace last week since May, but more than 8 of every 10 loan requests was for a refinancing, Mortgage Bankers Association data show.
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» LABOR STRIKES LOSING GROUND IN TOUGH ECONOMY

After 16 janitors were let go from a luxury building in Los Angeles owned by J.P. Morgan Chase, five of them staged a three-day hunger strike on Aug. 24. Labor strikes — seen as one of the key bargaining chips unions have had to get good wages and working conditions from employers — may some day end up only in history books.



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» ORACLE'S ELLISON TAKES PAY CUT, MAKES $70M
Oracle Corp. founder Larry Ellison, one of the world's richest people, drew a pay package worth about $70 million during the company's most recent fiscal year.
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» JUSTICE DEPT. EYES GOOGLE FOR POSSIBLE ANTITRUST
The Justice Department is looking into allegations Google's purchase of airline ticketing firm ITA Software Inc will cost rivals access to data, sources familiar with the probe said.
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» NEWSWEEK: YOUNG ADULTS SHUNNING STOCK MARKET

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