
Oil's fall, techs' gain drive stocks higher (Reuters: Thu, 15 May) Stocks rose in light trading on
Thursday, pushing the S&P 500 to its highest close since
January, as a pullback in oil prices eased concerns about
inflation and a battle to control Yahoo Inc helped the
tech sector.
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CBS to buy web publisher CNET for $1.8 billion (Reuters: Thu, 15 May) CBS Corp said on Thursday it
would buy web media company CNET Networks Inc for
about $1.8 billion to boost the television broadcaster's reach
across the Internet.
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Berkshire holds no Ameriprise shares: SEC filing (Reuters: Thu, 15 May) Berkshire Hathaway Inc (BRKa.N),
billionaire Warren Buffett's investment company, no longer held
any Ameriprise Financial Inc stock as of March 31,
according to a U.S. regulatory filing on Thursday.
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Senators say have accord on housing rescue (Reuters: Fri, 16 May) Leaders of the U.S. Senate Banking
Committee said on Thursday they have agreed to the
underpinnings of a housing rescue plan that will create a
federal backstop for failing loans.
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Macy's to have FAO Schwarz boutiques in stores: report (Reuters: Fri, 16 May) Macy's Inc is expected to
announce plans on Friday to open specialty U.S. toy retailer
FAO Schwarz's toy boutiques in its 685 stores that carry
children's clothing, the Wall Street Journal said.
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