Vermont News
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Updated 1 hour, 52 minutes ago
A Texas patent-licensing company that demands royalties from businesses for simply scanning a document was sued by Vermont in what the state said is the first such consumer-protection lawsuit in the U.S.
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Accounting changes that would require companies to report more of their leases as assets and liabilities may encourage businesses to structure shorter-term rental agreements that could hamper the ability of lessors to predict cash flows, according to Fitch Ratings.
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Updated 17 minutes ago
Sprint Nextel Corp.’s sweetened bid for wireless-network partner Clearwire Corp. has failed to win the support of investors fighting the takeover, raising concern that the new offer may not be enough to seal the deal.
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Updated 26 minutes ago
President Barack Obama today will provide new details justifying the targeted killing of terrorists overseas and announcing steps toward his goal of shutting the detention facility at Guantanamo Bay, Cuba.
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U.S. drone strikes have killed four American citizens in counterterrorism operations overseas since 2009, Attorney General Eric Holder said today, the Obama administration’s first public acknowledgment of those killings.
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Updated 3 hours, 17 minutes ago
Clearwire Corp.’s board recommended Sprint Nextel Corp.’s new takeover bid of $3.40 a share, or about $2.5 billion, saying it’s the best offer available to the struggling wireless-service provider.
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Vermont sued a patent owner, accusing it of violating the state’s Consumer Protection Act and saying it’s the first state to file such a complaint against a company whose business is suing for patent infringement.
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Updated 47 minutes ago
Senate Majority Leader Harry Reid said he will bring the “strong bipartisan” immigration bill approved by the Senate Judiciary Committee to the chamber’s floor in June.
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The Senate Judiciary Committee approved legislation revising U.S. immigration law that includes an agreement between Senator Orrin Hatch and Democrats on visas for high-skilled foreign workers.
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Public spending per student on U.S. education fell in fiscal 2011, the first annual decline since at least 1977, as tax revenue dried up.
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