Merck To Settle U.S. Claims For $671 Million
The drug company will settle claims it overcharged government health programs and improperly enticed doctors to prescribe its drugs....
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Manufacturing Activity Shows Declines
A closely watched measure of manufacturing activity in the New York area plunged in March to the lowest level on record....
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Americans Look Into Royal Bank Of Scotland Sub-prime Deals
THE US Securities and Exchange Commission is investigating Royal Bank of Scotland (RBS) over its exposure to American sub-prime mortgages....
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Cecil Payne, Baritone Saxophonist, Dies At 84
Cecil Payne was one of the first baritone saxophonists in the 1940s to master the intricacies of modern jazz and for more than half a century was a leading exponent of his instrument....
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Dell To Buy E-Mail Services Company
Dell said it will buy MessageOne, which was co-founded by Michael Dell’s brother, for $155 million as it aims to compete with Microsoft and Google....
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Constant News



Born Again

The Chinese writer Mo Yan’s wildly visionary and creative new novel covers almost the entire span of his country’s revolutionary experience, from 1950 until 2000, while constantly mocking and rearranging itself and jolting the reader with its own internal commentary.
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EU may declare Bank’s £50bn money market rescue ’Out’

The centrepiece of the Government’s plan to unclog Britain’s money markets could be disrupted by European regulators because it falls foul of state-aid rules, competition lawyers said yesterday. The Bank of England’s scheme to free up Britain’s home loan market by injecting £50 billion into the banking sector risks contravening the rules because it gives unfair advantage to British banks over rivals, experts say. Anthony Woolich, head of competition for LG, the business law firm in London, said: “It seems to me that this is prima facie state aid because this scheme gives banks operating in the UK an advantage over other European banks operating outside the UK.” Mervyn King, the Bank’s Governor, unveiled the bonds-for-mortgages plan this week to try to encourage banks to resume lending to each other. Alistair Darling, the Chancellor, said it was hoped that the move would revive the mortgage market. However, last night lawyers gave warning that because it was primarily British banks that stood to gain from the rescue package, and because of the duration of the scheme, the plan was sure to raise eyebrows in Brussels. The Treasury has denied that the scheme contravenes state-aid rules because the funding is available to all financial institutions that have a franchise in the UK, and not just British banks. Yet lawyers argued that it was clear that the plan was designed to help to address the growing crisis in Britain’s housing markets. They also pointed out that it was the heads of Britain’s biggest banks who met Gordon Brown and Mr King before the announcement of the £50 billion plan. If the European Commission were to find that the package breaches its rules, it could order that the loans be paid back more quickly than expected, and at penal rates of interest. The six biggest British banks have all undertaken to use the Bank facility. HBOS yesterday completed the creation of securities backed by £9 billion of home loans - which would qualify for the swap arrangement. Another leading competition lawyer, who declined to be named, said: “You can argue that it’s a general attempt to improve the system in general and everyone can participate, but in reality it’s a measure aimed at helping the British banking sector.” The Commission said it was staying in constant contact with the Government as the Bank rescue plan comes into effect. One Brussels source last night said: “Even if the Commission does not think that the measures amount to state aid, it will want all the details to make absolutely certain.”
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Talking Business: Horatio Alger Multiplied by 1.3 Billion

You hear constantly that China is a country of young people, but you really see it in business, where a whole generation of young entrepreneurs has gone from rags to riches.
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Playlist: Rasps, Boops, Snark and Sartre

Releases from Santogold, Constantines, DJ Dolores, Adam Green, Fleet Foxes and Hayes Carll.
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Changes, and a Constant, for New York Jazz Festival

This year’s edition of the JVC Jazz Festival, which takes place from June 15 to 28 and whose details were announced Tuesday, turns out to be undiminished and newly energized by welcome changes of locations and some imaginative bookings.
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External News for: constant

Temple women earn date with No. 1 UConn | Philadelphia Inquirer | 03/22/2010 - Philadelphia Inquirer

Fresno BeeTemple women earn date with No. 1 UConn | Philadelphia Inquirer | 03/22/2010Philadelphia InquirerTemple moved into the national limelight with yesterday's 65-53 victory over James Madison in an NCAA women's basketball tournament game at the Ted Constant ...Temple women defeat JMU, advance to face UConn | Philadelphia Daily News | 03 ...Philadelphia Daily NewsSurvive and advanceRivals.com (subscription)Wallace scores 21 to lead Temple past James Madison 65-53 in women's tourneyLos Angeles TimesTemple News -Richmond Times Dispatch -The Breezeall 129 news articles »

Temple women earn date with No. 1 UConn | Philadelphia Inquirer | 03/22/2010 - Philadelphia Inquirer

Fresno BeeTemple women earn date with No. 1 UConn | Philadelphia Inquirer | 03/22/2010Philadelphia InquirerTemple moved into the national limelight with yesterday's 65-53 victory over James Madison in an NCAA women's basketball tournament game at the Ted Constant ...Temple women defeat JMU, advance to face UConn | Philadelphia Daily News | 03 ...Philadelphia Daily NewsSurvive and advanceRivals.com (subscription)Wallace scores 21 to lead Temple past James Madison 65-53 in women's tourneyLos Angeles TimesTemple News -Richmond Times Dispatch -The Breezeall 129 news articles »

Pepsico Confirms FY10 Core Constant Currency EPS Growth - Quick Facts - RTT News

Pepsico Confirms FY10 Core Constant Currency EPS Growth - Quick FactsRTT NewsIn advance of the meeting, PepsiCo confirmed its guidance of 11-13% core constant currency EPS growth for 2010 and low-double-digit core constant currency ...PepsiCo to Share Outlook and Growth Strategies at Two-Day Investor MeetingMarketWatch (press release)Market Report -- In Play (PEP)MSN Moneyall 13 news articles »

Temple women earn date with No. 1 UConn | Philadelphia Inquirer | 03/22/2010 - Philadelphia Inquirer

Fresno BeeTemple women earn date with No. 1 UConn | Philadelphia Inquirer | 03/22/2010Philadelphia InquirerTemple moved into the national limelight with yesterday's 65-53 victory over James Madison in an NCAA women's basketball tournament game at the Ted Constant ...Temple women defeat JMU, advance to face UConn | Philadelphia Daily News | 03 ...Philadelphia Daily NewsSurvive and advanceRivals.com (subscription)Wallace scores 21 to lead Temple past James Madison 65-53 in women's tourneyLos Angeles TimesTemple News -Richmond Times Dispatch -The Breezeall 129 news articles »

Pepsico Confirms FY10 Core Constant Currency EPS Growth - Quick Facts - RTT News

Pepsico Confirms FY10 Core Constant Currency EPS Growth - Quick FactsRTT NewsIn advance of the meeting, PepsiCo confirmed its guidance of 11-13% core constant currency EPS growth for 2010 and low-double-digit core constant currency ...PepsiCo to Share Outlook and Growth Strategies at Two-Day Investor MeetingMarketWatch (press release)Market Report -- In Play (PEP)MSN Moneyall 13 news articles »

The Morning Jog: Mon., Mar. 22, 2010 - Dallas Morning News (blog)

The Morning Jog: Mon., Mar. 22, 2010Dallas Morning News (blog)Hello Constant Readers. Welcome to The Morning Jog, a daily rundown of Plano happenings that we post early every weekday morning. --- After a short break, ...and more »

 
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