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Senators question $1 million pay for charity's CEO
WASHINGTON (AP) -- A group of Republican senators is questioning high salaries and expensive travel bills for executives at the Boys & Girls Clubs of America, raising issues that could jeopardize millions in federal funding for the national charity....
Orange County prosecutor sues Toyota over defects
SANTA ANA, Calif. (AP) -- The Orange County district attorney has filed a lawsuit against Toyota Motor Corp., accusing the automaker of knowingly selling hundreds of thousands of vehicles with acceleration defects....
US regulators examine competition in agriculture
ANKENY, Iowa (AP) -- Federal officials concerned about how much control a few corporations have over the nation's food supply pledged Friday to begin a new era of antitrust enforcement, seeking to balance agricultural power between companies, farmers and consumers....
WaMu reaches settlement with JPMorgan, FDIC
WILMINGTON, Del. (AP) -- Washington Mutual Inc. has tentatively resolved disputes with JPMorgan Chase & Co. and the Federal Deposit Insurance Corp. over some $4 billion at issue in the bank holding company's Chapter 11 bankruptcy, a WaMu attorney said Friday....
Nortel Networks posts profit in 4Q
TORONTO (AP) -- Bankrupt telecom equipment maker Nortel Networks Corp. said Friday it posted a profit in the fourth quarter, thanks to a large gain related to an asset sale....