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Investors Flee Stocks As Oil Surges Washington Post - 1 hour ago AP NEW YORK, June 6 — Stocks plunged Friday, with the Dow Jones industrials having their worst day in more than a year, after oil prices shot up by more than $11 a barrel and neared $140, wiping out investors' recent optimism about the economy in the … US mkts slip after oil hits new high; Dow down 394 Moneycontrol.com Oil Prices and Joblessness Punish Shares New York Times BusinessWeek - Rocky Mountain News - East Valley Tribune - The Oregonian - OregonLive.com all 159 news articles

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AMD Wins Another Round Against Intel BusinessWeek - 1 hour ago The FTC has subpoenaed the chipmakers to seek information about their customers, including Dell, HP, and Apple. At issue: Intel's pricing by Arik Hesseldahl Score another victory for Advanced Micro Devices (AMD) in its crusade to sick regulators on … Intel business practices face investigation Boston Globe FTC Starts Formal Probe of Intel's Chip Dominance (Update4) Bloomberg MarketWatch - Washington Post - Forbes - San Francisco Chronicle all 414 news articles

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Icahn pushes Yahoo to sell to Microsoft Seattle Post Intelligencer - 1 hour ago By VERNE KOPYTOFF SAN FRANCISCO — Billionaire investor Carl Icahn ratcheted up the pressure on Yahoo Inc. Friday, saying that the Web portal should sell itself to Microsoft Corp. Icahn Presses Yahoo to Sell to Microsoft New York Times Can Icahn's 'theatrics' sway Yahoo investors? MarketWatch CNNMoney.com - Bloomberg - Wall Street Journal - USA Today all 1,708 news articles

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Dow dives almost 400 on oil, job news Boston Herald - 1 hour ago By Jay Fitzgerald Investors didn’t like what they saw and heard yesterday - crude oil surging to nearly $140 a barrel, the US jobless rate jumping to 5.5 percent and talk of an attack against Iran - and dumped stocks yesterday amid fears that an … Oil Prices and Joblessness Punish Shares New York Times Dow skids 394 as oil prices soar Sun-Sentinel.com Hollywood Reporter - New York Daily News - TheStreet.com - TheStreet.com all 142 news articles

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Icahn Presses Yahoo to Sell to Microsoft New York Times - 10 hours ago By REUTERS Carl C. Icahn told Yahoo on Friday that it should offer to sell the company to Microsoft for $34.375 a share, or about $48.7 billion. Icahn pushes Yahoo to sell to Microsoft Seattle Post Intelligencer Microsoft Remains The Missing Voice In Icahn, Yahoo Showdown CNNMoney.com MarketWatch - Bloomberg - Silicon Alley Insider - CNET News all 1,725 news articles

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Jobs Down for 5th Month; Oil’s Rise Adds to Gloom New York Times - 2 hours ago Ric Francis/AP Johnnie Daniels, center, and Kerwin Barber, second from right, were among job seekers at a career fair at the Los Angeles Mission on Thursday. Higher than Expected Jobless Rate Confirms Economic Troubles KHON2 Jobless rate leaps to 3-1/2 year high in May Reuters Kansas City Star - Forbes - Press-Enterprise - The Associated Press all 962 news articles

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Nation's economic pain deepens CNNMoney.com - 1 hour ago Biggest jump in unemployment rate since 1986 - combined with energy and housing woes - stokes fears about recession. By Chris Isidore, CNNMoney. Jobless rate shows biggest one-month increase since 1986 TMCnet Treasurys score as unemployment rate soars MarketWatch Reuters - Forbes - The Age - Aljazeera.net all 1,031 news articles

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Oil Prices and Joblessness Punish Shares New York Times - 1 hour ago By ABHA BHATTARAI Wall Street suffered its worst losses in more than two months on Friday after crude oil prices spiked over $138, an increase of nearly $11, and the unemployment rate rose more than expected. Dow falls 394.64 points on jobless rate, record oil Reuters An Ugly Day for Stocks BusinessWeek Nightly Business Report - Bangkok Post - Forbes - Telegraph.co.uk all 126 news articles

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Verizon Wireless To Acquire Alltel For $28.1 Billion Forbes - Jun 6, 2008 As first rumored yesterday, Verizon (nyse: VZ - news - people ) is acquiring Alltel (nyse: AT - news - people ) equity and debt in a transaction worth $28.1 billion. Reactions Are Mixed On Verizon's Day-Old $28.1 Billion Acquisition … Washington Post UPDATE 1-Moody's may cut Verizon ratings on Alltel deal Reuters Reuters India - Bizjournals.com - New York Times - BusinessWeek all 1,693 news articles

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The Southern Ledger

Surge in US jobless to 5.5% prompts sharp falls on Wall St Independent - 50 minutes ago By Stephen Foley in New York The US unemployment rate surged to 5.5 per cent in May, the biggest one-month increase in 22 years, as the world's largest economy weakened and employers cut jobs. Jobless spike deepens economic pain CNNMoney.com Report on rise in unemployment jolts economy Atlanta Journal Constitution Times Online - MarketWatch - Newsday - RedOrbit all 939 news articles

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