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Interview: David Ruch, United Airlines General Manager for Korea

As one of the largest international carriers, U.S.-based United Airlines marked a new beginning last year, emerging from bankruptcy protection which began in 2002. After enduring a painful restructuring, the airline is greeting a new era, approaching its passengers as a leaner, more cost-efficient company.

Friends in High Places

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A web video startup by recent college grads is getting backing from Apple and Clear Channel founders.

L.A. ports reach contract deal with clerks

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Fourteen major shipping lines reached a tentative contract deal on Thursday with clerical workers for cargo terminals at Los Angeles and Long Beach, averting a threatened strike at the two busiest U.S. seaports.
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Microsoft acquires stock market for ads

Microsoft Corp. said on Thursday it has acquired AdECN, a self-described stock market for buyers and sellers of Web advertising, marking Microsoft's latest push into a sector led by rivals Google Inc. and Yahoo Inc.
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Hotels hop as time share takes off

Hotel occupancy is down in some top vacation spots, not through lack of visitors, but because more travelers are investing in permanent options such as property and time shares in places they love.
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Earnings Preview: Google

Google, Inc. is expected to post double-digit gains in profit and sales when it reports second-quarter results on Thursday as the company maintains a substantial lead in online search.
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Mini Power Plants

Florida has plenty of sunshine to power rooftop solar panels but utilities say they won't be cost effective.
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Google's Brin does not see Facebook up for sale

Google Inc. co-founder Sergey Brin said on Thursday his company would be happy to talk with Facebook about potential ties, but that the social network did not appear to be courting takeover bids.
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Home foreclosures drop in June

U.S. home foreclosures fell in June after jumping to a 30-month peak in May, but default rates will escalate as a horde of mortgages resets at higher loan rates, real estate data firm RealtyTrac said on Thursday.
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Budget deficit forecast to fall, but cautiously

The Bush administration is expected to slash its 2007 budget deficit estimate when it updates its forecast on Wednesday, but uncertainty over slowing corporate receipts may lead the White House to express a more cautious view than some in the financial markets.
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Stocks drop on housing weakness worries

Stocks slid on Tuesday as the subprime mortgage crisis escalated, undermining banking shares, while Home Depot Inc. and other housing-related companies lowered their outlooks.
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Sony cuts price on PlayStation 3 by $100

Sony Corp. cut the price of the PlayStation 3 by $100, or 17 percent, in the United States on Monday, a move that should boost the video game console's lackluster sales.
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Google acquires Web-calling service GrandCentral

Google Inc. has acquired GrandCentral Communications, a start-up that lets users manage their existing phones and voice mailboxes over the Web as if they were a single account, the company said on Monday.
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Jack in the Box says court won't pull ad from TV

Fast food chain Jack in the Box Inc. on Monday said a U.S. court denied rival CKE Restaurants Inc.'s motion for a preliminary injunction that would have forced Jack in the Box to stop airing a TV ad mocking CKE's Angus hamburgers.
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Western Digital to buy Komag

Western Digital Corp. announced late Thursday that it agreed to acquire rival Komag Inc. for about $1 billion in cash.
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Last state charges in HP spying case dismissed

A California judge has dismissed misdemeanor fraud charges against Hewlett-Packard Co.'s former ethics chief and two private investigators involved in the computer maker's hunt for the source of boardroom leaks, a prosecutor said on Friday.
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New home sales, consumer confidence fall

U.S. new home sales fell in May while consumer confidence hit a 10-month low in June on worries about jobs and the business climate, adding to signs of sluggish economic growth.
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Ex-Countrywide execs plead guilty to insider trading

Three former Countrywide Financial Corp. (NYSE: CFC) executives agreed to plead guilty to charges they conducted insider trading in the mortgage lender's shares in the week leading up to a disappointing earnings report, federal prosecutors said.
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New home sales ease, while confidence falls

U.S. new home sales in May fell more than expected while consumer confidence in June fell to a 10-month low amid anxiousness about jobs and the business climate, adding to signs of sluggish economic growth this year.
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Blackstone raises $4.1 billion

Blackstone Group LP priced its initial public offering at the top end of the range on Thursday, even as lawmakers pushed for its delay, raising $4.13 billion in the largest U.S. IPO since 2002.

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