Santa Fe News
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Profits in the Standard & Poor’s 500 Index are rising faster than its price, leaving the gauge 9 percent cheaper than it was in April even after American equities climbed within 0.1 percent of last year’s high.
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The market for devices to prevent convicted drunk drivers from starting cars if they’ve had too much to drink may surge almost fivefold if the U.S. Congress passes a bill under debate this month.
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Federal Reserve Chairman Ben S. Bernanke’s Operation Twist is paying dividends in the corporate bond market.
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Facebook Inc. may command a valuation more than five times higher than Google Inc. as it seeks to raise $5 billion in the world’s largest initial public offering of an Internet company.
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Psilocybin, the active ingredient in so-called magic mushrooms, may help people with depression, based on two studies that suggest that the drug could have an enduring effect on patients.
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Former New Mexico Governor Gary Johnson, who has been excluded from most Republican presidential debates and has barely registered in polls of the race, said he instead will seek the Libertarian nomination for the White House.
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Black Diamond Capital Management LLC purchased Hines Nurseries Inc . in a bankruptcy sale in January 2009 and put the commercial nursery back into Chapter 11 last night in Delaware, listing asset of $179.3 million and debt totaling $86.7 million.
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Philip Falcone left his hometown of Chisholm in northern Minnesota’s rusting Iron Range in 1980 in the passenger seat of a 12-year-old Mercury Cougar that cost $150.
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Phil Falcone, founder of Harbinger Capital Partners, has made and lost billions with bets on mortgages and iron mines. Now, in a bid to build a new broadband network, he’s blasting investors money into space.
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The U.S.’s AAA rating will probably be cut by Fitch Ratings by the end of 2013 unless lawmakers are able to formulate a plan to reduce the budget deficit after next year’s congressional and presidential elections.
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