July, 2007
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Potter Sales Top 8 Million Despite Leaks - July 23, 2007 05:41 PM
Internet leaks, early reviews, and advance shipments abound the week before Harry Potter's much anticipated departure, but despite the fanfare and 12 million-copy print run the franchise's business partners have found it difficult to turn large profits.
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Whole Foods CEO’s Pseudonymous Postings Endanger Takeover - July 17, 2007 02:00 PM
John Mackey concealed his identity to promote himself and his company on Yahoo Finance stock forums, a legally questionable activity bolstering a Federal Trade Commission case to prevent Whole Foods from purchasing a competitor.
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Boeing Unveils New, Lighter Airliner - July 13, 2007 02:51 PM
Sales for the fuel-efficient 787 have pushed Boeing ahead of its rival Airbus for the first time in years; however, environmentalists are skeptical of claims that air travel can be environmentally friendly.
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Apple Sells Half a Million iPhones - July 02, 2007 03:28 PM
Following one of the technology world's largest ever public relations campaigns, the iPhone's tremendous first-weekend success has far-reaching implications for the future of the cell phone industry.
May, 2007
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Attack Ads Strike Dating Agency - May 14, 2007 02:44 PM
eHarmony cries foul as a rival's commercials advertise that the agency rejected one million lonely hearts. Almost a third of those applicants were married, protests eHarmony.
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OxyContin Makers Plead Guilty to Deceiving Public About Drug's Addictiveness - May 10, 2007 04:44 PM
Executives from The Purdue Frederick Co., maker of the painkiller OxyContin, have admitted that the company’s sales staff told doctors, despite knowledge to the contrary, that the drug was hard to abuse and less addictive than other pain medications.
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Gay Revelations Force Out BP Head - May 01, 2007 02:15 PM
BP CEO John Browne resigns in response to a ruling from the highest U.K. legal authority that he cannot prevent a British newspaper from publishing details of his private life.
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Venezuela Nationalizes Oil Industry - May 01, 2007 11:19 AM
Venezuela has officially assumed control over the country’s last remaining privately run oil field in a May Day takeover that saw the holdings of six major oil companies appropriated by the government.
April, 2007
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Euro Stocks Surpass U.S. Markets - April 03, 2007 02:12 PM
A new report shows U.S. capital markets lagging behind their transatlantic counterparts, as the euro booms and the dollar declines. But how accurate is this data?
March, 2007
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Detroit Housing Market Hits Rock Bottom - March 20, 2007 04:53 PM
A struggling U.S. auto industry and the recent subprime mortgage crisis have made it the top U.S. city for foreclosure filings.
February, 2007
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Virtual World Makes Real Money - February 24, 2007 11:52 AM
With more businesses making money in the virtual reality world of Second Life, many say it’s the next generation of Internet commerce.