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Washington Headed For Gridlock On Federal Business Tax Incentives
Politics makes economics so complicated. The Obama administration said Thursday that it �strongly opposes� a measure pending in Congress that would permanently extend a corporate tax break on bonus depreciation.
House votes to make bonus depreciation permanent  Agri-Pulse
House Votes to Make Business Tax Break Permanent  ABC News
Businessweek   Related articles »  
U.S. Stocks Advance as Amazon Rallies, Portugal Bond Rise
U.S. stocks fluctuated, with the Standard & Poor's 500 Index headed for its worst week since April, as investors weighed the potential impact of financial stress in Europe amid corporate earnings.
Wall St. edges up as Wells fails to inspire; energy drags  Reuters
US Stocks Waver  Wall Street Journal
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US reports $71 billion surplus in June; projected to have smallest annual deficit ...
FILE - This March 27, 2009, file photo shows the Treasury Building in Washington. The Treasury Department releases federal budget data for June on Friday, July 11, 2014.
US Budget Deficit Narrows in First Nine Months of Fiscal Year  Wall Street Journal
Budget Gap Shrinks to Narrowest Since 2008 So Far in Fiscal Year  Businessweek
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UPDATE 4-US cigarette maker Reynolds in talks to buy rival Lorillard
... * BAT expects to buy Reynolds shares to keep current stake. * Imperial lining up about $7 bln to buy some brands-source. * Reynolds, Lorillard marriage seen making $500 mln savings.
US cigarette maker Reynolds in talks to buy rival Lorillard  Reuters India
US tobacco firms Reynolds American Inc, Lorillard in merger talks  Economic Times
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Former CalPERS CEO pleads guilty, admits to taking bribes
The longtime, top executive of the country's biggest public pension fund pleaded guilty to a federal conspiracy to commit corruption and fraud Friday after admitting in court documents that he took $200,000 in bribes from a friend and co-defendant in an ...
Former CalPERS CEO pleads guilty to bribery, fraud  San Jose Mercury News
Ex-CalPERS CEO Buenrostro pleads guilty, admits to taking cash bribes of ...  Pensions & Investments
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GLOBAL MARKETS-Stock indexes flat as Portugal fears ease; oil down sharply
(Adds details, updates prices). By Caroline Valetkevitch. NEW YORK, July 11 (Reuters) - Major global equities markets steadied and the yen stabilized against the U.S.
Markets Steady After Portuguese Bank Scare  ABC News
GLOBAL MARKETS-Global stock indexes steady, yen stable as Portugal fears ...  Reuters Africa
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3 takeaways from the Cynk stock blowup
Cynk Technology may have no revenue, profits or assets, but it's certainly made a name for itself this week. The mysterious social network captured the attention of the finance world (and eventually regulators) by soaring an incredible 25,000%.
Cynk � The Place Where Logic Goes To Sink  Bidness Etc
Cynk Tech shares halted on concern over possible manipulation  Chicago Tribune
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Amazon Hits the Skies: Tech Winners & Losers
NEW YORK (TheStreet) �� (AMZN) shares spiked 5.0% to $344.21 after the company announced that it was beginning to test its drone delivery program.
Six Things You Should Know About Amazon's Drones  Forbes
Amazon asks FAA for OK to get drone delivery off the ground  Tech Times
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Taco Bell's new Cantina Power Menu will be heavy on protein
"People are not looking for diet food," said Brian Niccol, in line to become Taco Bell's chief executive. "What they are looking for is food that gives them energy.
Taco Bell Hopes Protein-Packed Eats Reel In Dough YUM SBUX PNRA  Investor's Business Daily
Taco Bell Makes a Run for the Protein-Heavy Food Fad  Businessweek
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General Motors tabs Infiniti CEO as new president of Cadillac
General Motors Co. named Johan de Nysschen, head of Nissan Motor Co.'s Infiniti, as president of Cadillac as the luxury brand tries to build on new products, boost its global image and recapture last year's growth.
GM hires Infiniti chief to head Cadillac  MarketWatch
GM Hires Infiniti Chief de Nysschen to Head Cadillac  Wall Street Journal
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