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Business News
Citi says SEC has closed probe of mortgage bonds
WASHINGTON (AP) -- Citigroup Inc. says it's been told by the Securities and Exchange Commission that the agency has completed its investigation of the bank's conduct regarding mortgage bonds and won't bring further enforcement action....
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Chevron 2Q profit up on asset sales, oil prices
NEW YORK (AP) -- Chevron Corp. earnings rose 5.6 percent in the second quarter on asset sales and higher global oil prices, though oil and gas production slipped slightly....
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Scientific Games strikes $3.3B deal to buy Bally
NEW YORK (AP) -- Scientific Games plans to pay about $3.3 billion to buy Bally Technologies in a deal that would combine makers of gambling equipment ranging from slot machines to instant-win lottery games....
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SUVs lead GM to 9.4 percent July US sales increase
DETROIT (AP) -- General Motors says its U.S. sales rose 9.4 percent last month, making it the best July since 2007....
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Construction spending falls 1.8 percent in June
WASHINGTON (AP) -- U.S. construction spending fell in June by the largest amount in more than three years as housing, non-residential construction and government spending all weakened....
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Poll
How do you react to those big drops on Wall Street?
  I don't pay attention!
  I'm in it for the long haul so "no worries"!
  It makes me worry!
 
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