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What’s News —

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Private-Firm Pensions Face Deadline
The financial crisis has left some private pension plans struggling to meet a looming deadline that could force businesses and charities to pay hundreds of millions of dollars into their plans.
Start-Ups Chase Cash as Funds Trickle Back
Starting a new business is easier than it was a year ago, but wealthy investors, venture-capital firms and banks are still trickling out money very selectively.
RIM Posts Results That Disappoint
Research In Motion posted a 37% increase in earnings, but results were shy of investor expectations, triggering worries about new competition from Apple and Google smart phones.
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Amazon e-Book Deal Mirrors iPad
Amazon reached deals with Simon & Schuster and HarperCollins that allow the two publishers to set their own prices for e-books, just days before the arrival of new competition from Apple's iPad tablet device.
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Ivy Asset Draws Probe Over Roles With Madoff
Ivy Asset Management, which BNY Mellon Asset Management is closing, is under investigation for advice it allegedly gave related to investing with Bernard Madoff, according to a person familiar with the matter.
Lihir Gold Rejects Takeover Bid
Lihir Gold rejected a US$8.4 billion takeover offer from rival gold miner Newcrest Mining, which it said didn't reflect the value of the company's assets.
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Pentagon Extends Tanker Bidding
The Pentagon is extending by 60 days its deadline for bids on a $35 billion contract for refueling jets, leaving the door open to the European maker of Airbus.
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General Growth Offer Has Deadline
A Brookfield-led offer for General Growth Properties will remain on the table until year end, pending a ruling by a bankruptcy judge.
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Macarthur Coal Rejects Peabody
The Australian miner rejects $3 billion takeover approach, says it plans to press on instead with its planned takeover of Australia's Gloucester Coal.
Samsung Buys Camera Maker
Samsung Electronics on Thursday completed the acquisition of an affiliate maker of digital cameras and components in a stock swap valued at about $880 million.
Wine Collector Sues Christie's
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Credit Suisse, York Capital in Talks
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MGM Studios Granted Time
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Strategy for UBS Unit Is Laid Out
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BMO Hires Lehman Veteran
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CSR Reviews Bright Food's Offer
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Micron Tech Swings to Profit
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Fed Opens Books on Toxic Assets
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Boeing, Lockheed Expect Health-Care Charges
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UAW Scores With Ford Warrants
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Upstart Jet Makers Snag Export Talks
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Borders Arranges Funding

CEOs See Pay Fall Again
Top executives collected less pay in 2009, the first time in 20 years that compensation declined for two consecutive years. Median pay for top 200 chief executives was $6.95 million.

The CEO Pay Survey

Occidental Chief Tops Pay List
The longtime head of Occidental Petroleum, Ray R. Irani, was awarded total compensation of $52.2 million, up from $49.9 million in 2008, leading The Wall Street Journal's CEO pay survey.
Getting Bang for the Buck
When it comes to CEO compensation, companies and their shareholders mostly get what they pay for, an analysis shows.
Education
Risk Managers Get Certified
As demand grows for professional risk managers, several industry organizations are vying to provide a standard certification for the field.
Travel
Southwest to Upgrade the Way It Flies
Southwest Airlines will upgrade cockpit software in most of its fleet next week, a milestone in the push to modernize the nation's air travel system.
- Podcast: Southwest's Push for Modernization
S.F. Bay Area
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Machine Shops Tinker With Markets
The recession has carved away at Bay Area machine shops, but Paragon Machine Works, like some other local outfits, has found its footing by cultivating customers in the region's emerging businesses.
Tech
IPad to Launch With Payload of Ads
Marketers have been scrambling to land a spot on Apple's iPad in time for its launch this weekend, but the device has posed serious challenges in crafting campaigns.

Asia

India, Pakistan Feud Over Indus
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Asian Shares Gain
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China Manufacturing Expands

Europe

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Greece Plans Global Bond Sale
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FSA Charges Seven in 2008 Case
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Gartmore Shares Recover

Earnings

Dollar General Profit Rises 6.5%
Dollar General said its earnings rose on higher customer traffic and average transaction size, with sales remaining strong for consumable and seasonal products.
Baosteel Reports 10% Net Drop
AutoNation Signals Improving Market

Economy

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Private Sector Sheds Jobs
Private payrolls fell by 23,000 in March, according to ADP. The survey tallies only private-sector jobs, while government data to be released Friday include government workers and is expected to show gains.
Crop Prices Wilt on Rosy Outlook
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Germany, France Plan Bank Tax

Health

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Pfizer Paid Doctors, Hospitals $35 Million
Pfizer said it paid 4,500 doctors and hospitals $35 million during the second half of last year to study how its medicines work and to promote the treatments.
Tobacco Firms Defend Use of Menthol
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Pfizer Sues Teva Over Generic Viagra

Law

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Four Convicted in Heathrow Heist
Four armed robbers were convicted Wednesday of stealing $2.6 million from a warehouse at Heathrow Airport, in the first serious criminal trial in England and Wales heard without a jury.
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New York Firm Settles Galleon Case
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High Court Revives Case on Fund Fees

Media & Marketing

Laptop Killer? The iPad Comes Close
Apple's new touch-screen device has the potential to change portable computing profoundly, says Walt Mossberg. It could challenge the primacy of the laptop and eventually propel the multitouch user interface ahead of the mouse-driven interface.
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Survival of the 3-D Movie
One Man's Quest to Catalog Presidential Minutiae

Who's News

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Ladbrokes Names Glynn CEO
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Punch Taverns CEO to Depart
Tech Guru With a Social Vision
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Centerview Lands Cohen
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JWT Management Changes

More Industries

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Columns

Theory & practice
By Elizabeth Holmes
Apparel Retailers Map Expansion to North
The outlook
By Staff
Americans Lose Faith in Institutions

Business Video

Ask the Fund Manager
Bill Miller, chairman and Chief Investment Officer of Legg Mason Capital Management, takes your investing questions in a live Journal Community event on April 5 and 6. Ask your question today.

Q: Why do some many people think Bernanke is doing such a great job?

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