Business Daily Review
Wednesday, September 8th, 2010  

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BP points fingers in oil spill 'blame game'
LONDON/WASHINGTON (Reuters) - BP Plc and its Gulf of Mexico oil well partners traded blame on Wednesday after an internal BP investigation tried to downplay the company's role in the world's biggest offshore spill.
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BP points fingers in oil spill 'blame game'
LONDON/WASHINGTON (Reuters) - BP Plc and its Gulf of Mexico oil well partners traded blame on Wednesday after an internal BP investigation tried to downplay the company's role in the world's biggest offshore spill.
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Obama firm, won't yield on tax hike for wealthiest
By JULIE PACE and TOM RAUM 2010-09-08T22:58:23Z CLEVELAND (AP) -- Politically weakened but refusing to bend, President Barack Obama insisted Wednesday that Bush-era tax cuts be cut off for the wealthiest Americans, joining battle with Republicans - and some fellow Democrats - just two months before bruising midterm elections....
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Goldman seen paying $30 million British fine
By The Associated Press 2010-09-08T22:39:49Z Goldman Sachs & Co. is expected to be fined around $30 million by British authorities following an investigation of the big Wall Street bank's activities in London, according to news reports Wednesday....
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SEC says proposed Citi settlement is fair
WASHINGTON (Reuters) - The top securities regulator defended its proposed $75 million settlement with Citigroup , saying the penalty reasonably accounts for the seriousness of the bank's alleged misconduct, according to a document filed in court on Wednesday.
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BP points fingers in oil spill 'blame game'
LONDON/WASHINGTON (Reuters) - BP Plc and its Gulf of Mexico oil well partners traded blame on Wednesday after an internal BP investigation tried to downplay the company's role in the world's biggest offshore spill.
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Va. philanthropist, billionaire John Kluge dies
By TIM HUBER 2010-09-09T00:10:22Z John Kluge, once listed as the wealthiest man in America, who built an investment in a radio station into a broadcasting empire that was the forerunner to Fox Television, has died. He was 95....
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More stimulus needed for economy: Geithner
WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner said on Wednesday the United States needed more incentives to stimulate job growth and bolster a slow recovery from a "savage" recession.
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Hurd's Oracle hire package worth millions
SAN FRANCISCO/NEW YORK (Reuters) - Oracle Corp has offered its new co-president, former Hewlett-Packard chief Mark Hurd, a hiring package with a bonus of up to $10 million and options potentially worth tens of millions more.
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Crisis CEOs Sullivan and Peek find new jobs
NEW YORK (Reuters) - Two former chief executives who were criticized during the financial crisis for driving their firms to the brink have found new homes.
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