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Asian stocks, commodities fall as Fed meeting looms

Silver tumbled on Tuesday and Asian shares pulled back from recent three-year highs in a bout of profit-taking before the Federal Reserve meeting this week where investors are seeking clues on when it plans to begin exiting its ultra-easy monetary policy.
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GM minivan gone in U.S., but still thrives in China

General Motors Co killed its minivan in the U.S. market thanks to its soccer-mom stigma, but the automaker has carved out a high-priced niche for the vehicle as a chauffeur-driven executive ride in China.
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Goldman and banks offer Lehman restructuring plan

A group of creditors led by Goldman Sachs and Morgan Stanley proposed a restructuring plan for Lehman Brothers Holdings Inc that would boost recoveries for the banks and keep separate the assets of Lehman's bankrupt subsidiaries.
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Nasdaq and ICE doubt NYSE-D.Boerse cost savings

Nasdaq OMX Group and IntercontinentalExchange warned NYSE Euronext investors to be highly skeptical of the additional cost savings that the NYSE says will result from its friendly merger with Deutsche Bourse.

White House blasts Graham for birther remarks

The Obama Administration has fired back at comments made over the weekend by Franklin Graham, son of famed evangelist preacher Billy Graham that the President might not have been born in the U.S.
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Costs take a swipe at Kimberly-Clark's profit

Kleenex tissue maker Kimberly-Clark Corp posted a steeper-than-expected drop in quarterly profit on Monday and cut the low end of its full-year forecast as costs of pulp and other goods are rising more than twice as much as it anticipated.
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Goldman, banks offer Lehman restructuring plan

A group of banks including Goldman Sachs and Morgan Stanley has filed a plan to restructure Lehman Brothers Holdings Inc that would let the failed bank's different parts remain separate.
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Jury deliberates Rajaratnam's fate in insider case

The fate of hedge fund founder Raj Rajaratnam was in the hands of a jury on Monday in the biggest Wall Street insider trading trial in decades, a case that featured FBI phone taps and former friends who testified against him.

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