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The bank's scramble to stay alive exposed the murky but crucial role that short-term lending, done in a corner of Wall Street known as the repo market, plays in the financial world.
Richard Li's group sent envoys to Beijing to probe why municipal authorities there are planning to bar the companies from making future land purchases in the city.
Timothy Cook, Apple's chief operating officer, was awarded a cash and stock bonus of about $22 million for his performance while filling in during Steve Jobs's medical leave.
Retail sales increased a seasonally adjusted 0.3% in February from a month earlier. Sales excluding the volatile autos sales increased 0.8%. Compared with a year ago, sales rose 4%.
The union representing British Airways cabin crew announced that strikes will take place later this month after the U.K. airline and union leaders failed to reach a last-minute deal on changes to working practices.
Casino operator MGM Mirage agreed to sell its 50% stake in the Borgata Hotel Casino in Atlantic City in a settlement with New Jersey gambling regulators.
