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Sep 07, 2008

Business News

Sunday Sep 7

OPEC considers cutting oil production

With oil prices off nearly 30 percent from their highs of almost $150 a barrel, OPEC oil ministers are considering what was unthinkable just a few weeks ago _ cutting back output to prop up the price of crude.

Sunday Sep 7

Officials announce takeover of mortgage giants

The Bush administration, acting to avert the potential for major financial turmoil, announced Sunday that the federal government was taking control of mortgage giants Fannie Mae and Freddie Mac.

Sunday Sep 7

federal gov't announce takeover of mortgage giants

The Bush administration, acting to avert the potential for major financial turmoil, says the federal government was taking control of mortgage giants Fannie Mae and Freddie Mac.

Saturday Sep 6

WWE steps up push in Japan market

Posing proudly for a snapshot with a glittery championship belt, Seigi Nishiyama is among some 600 other sports fans packing a Tokyo theater who can't get enough of World Wrestling Entertainment.

Saturday Sep 6

AirAsia takes risks with expansion amid downturn

AirAsia, the region's biggest budget carrier, is making a risky bet. As soaring fuel prices have forced other airlines to cut back, shed jobs and ground planes, AirAsia is doing the opposite: increasing ...

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Nick Jonas

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