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Australia Stocks Follow U.S. Peers To LossesComments Off

Heavy losses on U.S. markets overnight made a drop for Australian stocks all but inevitable Friday, with the S&P/ASX 200 retreating 1.2% to swing the index to a loss for the week.

Japan Stocks Fall On U.S. Cues, But Sony, Panasonic RallyComments Off

Japanese stocks opened solidly lower, as expected after an overnight sell-off on U.S. markets, though some names such as Sony Corp. and Panasonic Corp. managed to escape the downdraft on the strength of their earnings.

Institute: Oklahoma tax holiday is little reliefComments Off

Oklahoma’s annual sales tax holiday on back-to-school clothing and shoes is expected to boost business for retailers beginning on Friday as thousands of students prepare to return to the classroom.

WTC steel company CEO arrested on fraud chargesComments Off

The Canadian owner of a company that won nearly $1 billion in contracts to provide steel for the construction of the World Trade Center’s tallest building and an adjacent transit center has been arrested on fraud charges.

Judge won’t free Russian accused of hacking in USComments Off

A federal judge in the U.S. territory of Guam denied a motion Thursday to release a Russian lawmaker’s son accused of hacking computers inside hundreds of U.S. businesses.

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