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ILFC CEO in talks to buy part of company-report

CHICAGO - The CEO of International Lease Finance Corp, the aircraft leasing company owned by insurance giant American International Group (AIG.N), is in early talks to buy a portion of ILFC's aircraft portfolio and start a new leasing company, the Wall Street Journal reported on Saturday.
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Japan election pledges and how the main parties differ

Polls show the main opposition Democratic Party of Japan (DPJ), which has vowed to put more money in the hands of households, looks poised for a huge win over the ruling Liberal Democratic Party (LDP) in Sunday's election.
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Washington converges on Boston for Kennedy funeral

U.S. presidents, members of Congress and the public gathered on a rainy Saturday to say goodbye to Senator Edward Kennedy, a towering figure in American politics who contributed to major social changes of the last 50 years.
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US bank regulators close Affinity Bank

U.S. bank regulators closed Affinity Bank of Ventura, California on Friday, the 84th U.S. bank to fail this year as economic weakness continues to take a toll on financial institutions.
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U.S. bank regulators closed Mainstreet Bank

U.S. bank regulators closed Mainstreet Bank of Forest Lake, Minnesota, on Friday, the 83rd U.S. bank to fail this year as economic weakness continues to take a toll on financial institutions.
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AIG paused auction of aircraft leasing firm - source

Insurance giant American International Group has paused the auction of its aircraft leasing firm, International Lease Finance Corp. (ILFC), as its new CEO reviews the divestiture process, a source familiar with the situation said on Friday.
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Whirlpool to shut U.S. plant, cut about 1,100 jobs

Whirlpool Corp plans to shut a plant in Evansville, Indiana and move some production to Mexico next year, a change that will eliminate about 1.6 percent of the world's biggest appliance maker's workforce.
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Ford Fusion sees more U.S. sales growth in August

Ford Motor Co's mid-size 2010 Fusion in August has set a monthly sales record for the model for a fifth consecutive month and average transaction prices have been increasing, Ford said on Friday.
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Muse poised for global

A lead single about a proletarian revolt against the global banking crisis. A teaser campaign involving a worldwide musical treasure hunt. And an album that ends with a three-part, fully orchestrated symphony about an alternative theory of the creation of mankind. Is Muse the only young, stadium-filling rock band that could get away with this?
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Kany Garcia finds promo partners

With the face of an ingenue and the lyrical bite of a social commentator, Kany Garcia debuted in 2007 as part of a new crop of Latin female singer-songwriters.
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Qatar wants to be largest Songbird shareholder

Qatar Holding LLC aims to become the largest shareholder in Songbird Estates -- owner of much of London's Canary Wharf office complex -- the investment arm of the Qatari wealth fund said late on Friday.
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Spanish album an unexpected

Nelly Furtado's first Spanish-language album is a mixture of design and circumstance, as so many grand plans often are.
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Judge puts Fed's bailout revelations on hold

The U.S. Federal Reserve won a delay of a federal judge's order that it reveal the names of the banks that have participated in its emergency lending programs and the sums they received.
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U.S. court rejects FCC cable ownership limit

A U.S. court struck down a rule limiting a cable company to no more than 30 percent of the subscription television market, a victory for companies like Comcast Corp that could spark many industry deals.
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Court rejects FCC cable ownership limit

A U.S. court struck down a rule limiting a cable company to no more than 30 percent of the subscription television market, a victory for companies like Comcast Corp that could spark many industry deals.
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Daily Wrap Up - August 28 Tech

Apple is geared to see huge profits next year with analysts predicting the company will sell somewhere between five and seven million iPhones in China in 2010 as a result of its deal with the country's second-largest mobile carrier

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