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Senate Begins Debate Next Month on $848 Billion U.S. Health-Care Overhaul Democrats united to bring a sweeping
health-care plan to the U.S. Senate floor in a party-line vote
that kept Republicans from blocking debate on President Barack
Obama’s top domestic initiative.
Bank of America May Name Stopgap CEO to Allow Board More Time for Search Bank of America Corp.’s board may
extend its search for a new, permanent chief executive officer
into 2010 if directors can’t settle on a candidate in the next
four days, according to people familiar with the matter.
Consumer Spending, Home Sales Probably Rose as U.S. Recovery Takes Root Consumer spending probably rebounded
in October, showing that mounting unemployment is restraining,
not derailing, the biggest part of the U.S. economy, analysts
said before reports this week.
Reliance Industries Makes an Offer for Control of Bankrupt LyondellBasell Reliance Industries Ltd., owner of
the world’s largest oil-refining complex, made a cash offer
yesterday to buy a controlling stake in closely held
LyondellBasell Industries AF, the bankrupt chemicals and fuels
maker.
Sands China Raises $2.5 Billion in Hong Kong Offering at Low End of Range Sands China Ltd. and its parent Las
Vegas Sands Corp., the casino company controlled by billionaire
Sheldon Adelson, raised HK$19.4 billion ($2.5 billion) in a Hong
Kong share sale conducted at the low end of the offered range.
Dubai's Sheikh Mohammed Tightens Control of Emirate, Downgrades Key Aides Dubai ruler Sheikh Mohammed Bin
Rashid Al Maktoum has consolidated his hold on the debt-laden
emirate, downgrading powerful figures behind the city-state’s
boom that turned to a bust.
Rajaratnam's Request to Unseal Accuser Khan's Criminal Case Is Postponed A court hearing to determine whether
a 2001 criminal case against the chief accuser of Galleon Group
founder Raj Rajaratnam will be unsealed was delayed for two
weeks.
Tax on Upper-Bracket Incomes May Be Needed for Afghan War Cost, Levin Says Higher-income Americans should be
taxed to pay for more troops sent to Afghanistan and NATO should
provide half of the new soldiers, said Carl Levin, chairman of
the Senate Armed Services Committee.
Indonesian Police Say Ferry With 200 Aboard Sinks off Sumatra, AFP Reports An Indonesia ferry carrying more
than 200 people has sunk, Agence France-Presse reported, citing
police. The ferry sank off Sumatra island, AFP said.
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