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Disney Buying Lucasfilm For $4.05 Billion

Posted: 10/30/2012 - Disney is paying $4.05 billion to buy Lucasfilm Ltd., the production company behind "Star Wars," from its chairman and founder, George Lucas. It's also making a seventh movie in the "Star Wars" series.

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Wall Street Still Dark, Exchanges Test Systems

Posted: 10/30/2012 - With lower Manhattan still largely without power Tuesday, U.S. stock exchanges tested contingency plans to ensure trading resumes as soon as possible this week after Hurricane Sandy smashed into the East Coast and shut down operations.

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BP Asks For Gulf Spill Deal OK Despite Objections

Posted: 10/23/2012 - Oil giant BP is asking a federal judge to disregard objections from a fraction of claimants and give final approval to a proposed multibillion-dollar settlement for economic damages from the Gulf spill.

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FedEx Sees Online Shoppers Powering Holiday Record

Posted: 10/22/2012 - FedEx expects to ship 280 million packages between Thanksgiving and Christmas, up 13 percent from a year ago, thanks to consumers' growing fondness for shopping online.

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Sprint Buys Majority Control Of Clearwire

Posted: 10/18/2012 - Sprint is buying out the founder of Clearwire to gain majority control of the wireless network operator. The move follows the pledge by Japan's Softbank to infuse Sprint with cash by buying a majority stake in it.

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Federal Deficit Tops $1 Trillion For Fourth Year

Posted: 10/12/2012 - The federal budget deficit has topped $1 trillion for a fourth straight year. But the deficit for the just-ended 2012 budget year is $207 billion less than last year.

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Stocks Open Higher After Unemployment Rate Drops

Posted: 10/05/2012 - Stocks are rising in early trading on Wall Street after the government reported that the U.S. unemployment rate fell below 8 percent for the first time in almost four years.

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