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In another sign of an increasingly global economy, Dalian Wanda Group Co., Ltd. announced it has struck a deal to acquire the second-largest movie theater operator in the U.S., AMC Entertainment Holdings, Inc., for $ 2.6 billion. Wanda said the purchase will create the world’s l

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May 22, 2012

by Oriah

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$2.6, billion, Buying, Chain, Chinese, Firm, Movie, Theater

NEW YORK/LONDON (Reuters) – JPMorgan Chase & Co lost $ 15 billion in market value and a notch in its credit ratings on Friday while a chorus of regulators and politicians reacted to its surprise $ 2 billion trading loss by demanding stiffer oversight for the banking industr

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May 12, 2012

by Oriah

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Reuters – The estimated $ 7.8 billion deal struck by BP Plc with businesses and individuals suing over the massive 2010 Gulf of Mexico oil spill could speed up payments to thousands of claimants and offers lawyers a potential windfall in legal fees. Yahoo! News: Business News

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March 04, 2012

by Oriah

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$7.8, billion, BP's, Deal, payments, Reuters, speed, spill, U.S.

Based on the latest U.S. Department of Commerce construction data, U.S. construction spending during January 2012 was estimated at a seasonally adjusted annual rate of $ 827.0 billion, 0.1 percent (±1.1%) below the revised December estimate of $ 827.6 billion. The January figure is 7.

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March 01, 2012

by Oriah

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Attorney General Eric H. Holder, Jr. Today the U.S. Attorney General Eric Holder, Department of Housing and Urban Development (HUD) Secretary Shaun Donovan, Iowa Attorney General Tom Miller and Colorado Attorney General John W. Suthers announced today that the federal government and 4

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February 10, 2012

by Oriah

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Reuters – Germany’s SAP announced a $ 3.4 billion cash deal to buy U.S. web-based software company SuccessFactors, joining the scramble among technology firms to offer cloud-computing services to businesses. Yahoo! News: Business News

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December 04, 2011

by Oriah

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$3.4, billion, offers, Reuters, SuccessFactors

The Genting Group released development plans for its recent acquisition of prized waterfront land. Resorts World Miami will be a destination resort featuring iconic skyscrapers inspired by a coral reef. When finished the project will be the centerpiece of a new three-mile Baywalk and

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September 20, 2011

by Oriah

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billion, Genting, Master, Miami, Plan, Resorts, Unveils, World

Reuters – IMF chief Christine Lagarde said on Saturday that reports of a draft IMF document showing a $ 273.2 billlion shortfall in European banks’ capital were misleading and the lender was still finalising its study. Yahoo! News: Business News

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September 11, 2011

by Oriah

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$273.2, Bank, billion, hole, IMF's, Lagarde, misleading, report, Reuters

Chinese Firm Buying AMC Movie Theater Chain for $2.6 Billion

JPMorgan $2 billion loss hits shares, credit, image

BP’s $7.8 billion deal may speed payments for U.S. spill (Reuters)

U.S. Construction Annual Spend Rate at $827 Billion in January

Federal Government, State Attorneys General Reach Landmark $25 Billion Mortgage Abuse Settlement with Top Five U.S. Mortgage Servicers

SAP offers $3.4 billion for SuccessFactors (Reuters)

Genting Unveils $3 Billion Master Plan for Resorts World Miami

IMF’s Lagarde: report of $273.2 billion bank hole misleading (Reuters)