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G20 meeting sees leaders get more time on budget cuts

G20 leaders gave themselves more time in cutting budget deficits Tuesday during a two-day conference in Mexico.

Starbucks profits soar with growth in China, LivingSocial

Starbucks posted profits Thursday and announced the opening of 1300 stores next year.

Consumer spending beats expectations

It's the third straight month of increased numbers, which analysts say reflects higher confidence in the economy.

Random House in merger talks with Penguin

Pearson and Bertelsmann, owners of Penguin and Random House respectively, are said to be in merger talks.

Companies are sitting on more cash than ever before

Corporations are reluctant to spend, fearing double-dip recession.

Germany's Merkel backs EU budget veto

Merkel said the budget veto would keep European countries from overspending again in the future.

US housing growth jumps 15 percent in September

US housing construction jumped 15 percent in September, the highest it has been in four years.

Portuguese language New York Times edition ready to launch in 2013

The New York Times announced Sunday that it would launch a Portuguese language edition in 2013.

China exports grew nearly 10 percent, faster than expected

Chinese exports grew faster than expected in September at 9.9 percent from a year earlier.

Toyota recalls 7.4 million cars for faulty window switch

Toyota announced that it was recalling 7.4 million cars worldwide after warning of a faulty power window switch.
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