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Westinghouse Solar CEO expects profit next year

Westinghouse Solar Inc expects to start posting profits next year after years of losses, as a deal to buy cheaper solar panels should help it cut prices and increase sales, its chief executive told Reuters.
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Hollywood labor group OKs possible music label strike

The national board of the American Federation of Television and Radio Artists (AFTRA) has given negotiators for the labor group's sound recording contract authorization to strike, the organization announced Saturday.
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New Hulu bids due, but sale probability wanes

Second-round bids for the streaming start-up Hulu are due this week, but a sale looks less and less likely as the owners debate demands for conditions around the bids, according to individuals knowledgeable about the auction.
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Alibaba's Ma: very interested in buying Yahoo

Jack Ma, the founder and CEO of Chinese e-commerce giant Alibaba, is keen on buying Yahoo Inc if the opportunity presents itself and has held discussions with other potential buyers about options.
Michael Ovitz, former Disney President arrives at the Sun Valley Resort in Sun Valley, Idaho

IMG board votes to oust Ovitz after failed bid

The advisory board of IMG held a conference call on Friday to discuss what to do about Michael Ovitz's play to take over company management, according to an individual with knowledge of the call.
A car drives along the territory of a solar energy power station near the Okhotnikovo village in the Crimea's Saksky district

U.S. Doles Out Last of Loan Aid to Solar Projects

The Obama administration on Friday approved more than $4.7 billion in loan guarantees for major solar projects as the government closed out an incentive program embroiled in controversy over the bankruptcy of one of its biggest projects.
Harris attends a news conference to announce the creation of the Mortgage Fraud Strike Force in Los Angeles

California Exits Mortgage Settlement Talks

The state of California pulled out of multi-state mortgage negotiations with large U.S. banks, dealing a sharp blow to long-running efforts to secure a broad settlement over allegations of lending abuses.
A sign at the entrance to the headquarters of bankrupt Solyndra LLC is shown in Fremont

DOJ Seeks Trustee in Solyndra Bankruptcy

The U.S. Department of Justice is seeking to give control of Solyndra's estate to a bankruptcy trustee, citing the refusal by executives at the solar power company to answer questions about its operations.
Windows 8

Will Windows 8 be the Next Top OS?

Although word hasn't been confirmed about the next version of Windows 8, rumors have it the operating system will be introduced late 2012. As PC and Mac users continue going back and forth over which is better, new OS interfaces become critical to how consumers evaluate their experiences.
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U.S. Listeria Toll Rises to 15, Dozens Ill

Two more people in the United States have died from eating listeria-tainted cantaloupes, bringing the death toll to 15 in the country's deadliest foodborne outbreak in more than a decade, health officials said on Friday.
Chevron

Chevron to Unveil Solar Oilfield Project Monday

Chevron Corp will unveil on Monday a solar oilfield project that has been hit by cost overruns and delays but serves as a showcase for the technology of Chevron-backed solar thermal company BrightSource Energy.
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California Quits U.S. Mortgage Settlement Talks

The state of California pulled out of multi-state mortgage negotiations with large U.S. banks, dealing a sharp blow to long-running efforts to secure a broad settlement over allegations of lending abuses.
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Analysts Assess Impact of Defense Cuts on US Jobs

Defense Secretary Leon Panetta has warned that a potential $1 trillion cut to the Pentagon budget could raise U.S. unemployment by 1 percentage point but analysts differ on how many jobs could be lost and what that actually means for the economy.
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Kraft Boss Bumps Pepsi Chief as Top US Woman Exec

Kraft Foods (KFT.N) boss Irene Rosenfeld is the most powerful woman in U.S. business, Fortune magazine said on Thursday, bumping PepsiCo Inc (PEP.N) chief Indra Nooyi into second spot after five years on top.
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AstraZeneca Settles One Seroquel XR Lawsuit

AstraZeneca PLC (AZN.L) said on Thursday it has reached a settlement with privately held Handa Pharmaceuticals LLC that will keep the company from selling a generic form of its Seroquel XR anti-psychotic medicine in the United States until late 2016.
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Geron Names John Scarlett as CEO

Geron Corp (GERN.O), which is conducting the first U.S.-approved human embryonic stem cell trial, has named John Scarlett as its chief executive officer, replacing interim CEO David Greenwood, who will leave the biotech company at the end of the year.
U.S. Banks: Dividend hikes, M&As on their way

U.S. Banks Woo California in Mortgage Settlement

The largest U.S. banks, eager to get legal protection after widespread evidence emerged of foreclosure shortcuts, are trying to convince California to be part of a multi-state mortgage settlement and not pursue its own aggressive deal.

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