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Original post by CHRIS WOHLWEND and software by Elliott Back

NEW YORK/LONDON (Reuters) - The Federal Reserve on Friday reassured investors it would take any steps needed to shelter the U.S. economy from a global credit squeeze, while President George W. Bush promised to help struggling homeowners refinance their mortgages.

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Original post by THE NEW YORK TIMES and software by Elliott Back

LOS ANGELES (Reuters) - Amazon.com Inc said on Friday that Senior Vice President and Chief Information Officer Richard Dalzell will retire by the end of 2007.

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Original post by THE NEW YORK TIMES and software by Elliott Back

NEW YORK (Reuters) - Stock markets ended one of the most volatile months in years on an impressive note, but this coming week still won’t be any easier for investors as the employment report and housing turmoil remain high on radar screens.

Related PostsWill the Classmates.com IPO make the grade?Investors will find out how hot social networking is in a few months when Classmates Media, a goes p…CORRECTED: Wal-Mart posts higher quarterly profit(Corrects second paragraph to say $2.08 billion, not $2.08)

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Original post by THE NEW YORK TIMES and software by Elliott Back

NEW YORK (Reuters) - Stocks surged on Friday as President Bush and Federal Reserve Chairman Ben Bernanke reassured investors they would do what was needed to shelter the economy from market turmoil.

Related PostsWill the Classmates.com IPO make the grade?Investors will find out how hot social networking is in a few months when Classmates Media, a goes p…CORRECTED: Wal-Mart posts higher quarterly profit(Corrects second paragraph to say $2.08 billion, not $2.08)

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Original post by THE NEW YORK TIMES and software by Elliott Back

General Motors has quietly dropped a marketing strategy it announced in May where it would bring other automakers’ vehicles to its Chevrolet showrooms for customers to test against its redesigned 2008 Malibu.

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Original post by THE NEW YORK TIMES and software by Elliott Back

NEW YORK (Reuters) - NBC Universal has decided not to renew its contract to sell television shows on iTunes, becoming the second major media company to challenge Apple Inc’s dominance in digital entertainment.

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Original post by THE NEW YORK TIMES and software by Elliott Back

A survey released last week by the World Business Council on Sustainable Development found that key players in real estate and construction overstate the extra costs of green buildings by some 300 percent, “creating a major barrier to more energy efficiency in the building sector.”

Related PostsWill the Classmates.com IPO make the grade?Investors will find out how hot social networking is in a few months when Classmates Media, a goes p…CORRECTED: Wal-Mart posts higher quarterly profit(Corrects second paragraph to say $2.08 billion, not $2.08)

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Original post by THE NEW YORK TIMES and software by Elliott Back

CHICAGO (Reuters) - Bankrupt auto parts maker Delphi Corp said on Friday it has settled class action lawsuits by shareholders and employees that grew out of financial restatements that were the subject of civil fraud charges the company settled last year.

Related PostsWill the Classmates.com IPO make the grade?Investors will find out how hot social networking is in a few months when Classmates Media, a goes p…CORRECTED: Wal-Mart posts higher quarterly profit(Corrects second paragraph to say $2.08 billion, not $2.08)

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Original post by THE NEW YORK TIMES and software by Elliott Back

NEW YORK (Reuters) - Accredited Home Lenders Holding Co shares rose 43 percent on Friday after Lone Star Funds said it was prepared to buy the subprime mortgage lender at a lower price than it previously agreed to pay.

Related PostsWill the Classmates.com IPO make the grade?Investors will find out how hot social networking is in a few months when Classmates Media, a goes p…CORRECTED: Wal-Mart posts higher quarterly profit(Corrects second paragraph to say $2.08 billion, not $2.08)

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Original post by THE NEW YORK TIMES and software by Elliott Back