St. Petersburg News
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Fairfax Financial Holdings Ltd., with seven of eight hedge funds it accused of spreading false rumors out of a lawsuit, may see the $24 billion case shrink again with a judge poised to rule whether racketeering counts allowing triple damages should be tossed.
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Construction spending in the U.S. unexpectedly fell in January as commercial and government projects slowed, a sign the building industry will take time to rebound.
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Consumer spending in the U.S. rose less than forecast in January after little change the previous month, showing a lack of improvement in the biggest part of the economy.
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A California state senator plans to arrive at a press conference at the Sacramento capitol today in a Google Inc.-modified Toyota Prius that drives itself.
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Raymond James Financial Inc., the regional brokerage that’s purchasing Morgan Keegan & Co. from Regions Financial Corp., is selling its first 30-year bonds to help fund the acquisition.
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International Business Machines Corp. and Hewlett-Packard Co., the biggest sellers of server computers, lost market share to Dell Inc. in the fourth quarter amid supply disruptions caused by flooding in Thailand, Gartner Inc. said.
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Vyacheslav Ananiev, co-owner of a software company in Novosibirsk in the middle of Russia, says there’s only one option for him in next week’s presidential election: Vladimir Putin.
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Fiat SpA, the Italian carmaker that controls Chrysler Group LLC, is nearing a deal with OAO Sberbank to build Jeep models in Russia, two people familiar with the matter said.
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Russian and Ukrainian security services foiled a plot to assassinate Vladimir Putin, who faces a presidential election in less than a week, said his spokesman, Dmitry Peskov.
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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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