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Video: Argentine Economy Minister In New York For Last Ditch Talks By Clip Syndicate Argentine Economy Minister Axel Kicillof unexpectedly arrived in New York on Tuesday to join last-minute debt negotiations with "holdout" investors in a bid to avert a default. After a long battle in the U.S. courts, Argentina has until the end of Wednesday to either pay in full the hedge funds that rejected its restructuring on their defaulted bonds, cut a deal or win a stay of the court order that triggered the deadline. ...Read More »
Video: Argentine Economy Minister In New York For Last Ditch Talks By Clip Syndicate Argentine Economy Minister Axel Kicillof unexpectedly arrived in New York on Tuesday to join last-minute debt negotiations with "holdout" investors in a bid to avert a default. After a long battle in the U.S. courts, Argentina has until the end of Wednesday to either pay in full the hedge funds that rejected its restructuring on their defaulted bonds, cut a deal or win a stay of the court order that triggered the deadline. ...Read More »
Video: Icahn Cuts Stake In Family Dollar By Clip Syndicate Activist investor Carl Icahn cut his stake in Family Dollar a day after the company agreed to be bought by rival discount chain Dollar Tree for $8.5 billion. Icahn said he was "determined" to dispose part of his stake rather than wait for the deal to close or for higher offers to emerge. Icahn reported a 6.03 percent stake in Family Dollar on Tuesday, down from about 9.39 percent that made him the largest shareholder.

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Video: VW Set To Overtake Toyota As Global Auto Leader By Clip Syndicate Volkswagen is poised to overtake Toyota as the global leader in vehicle sales, with a rapid expansion drive in China - the world's biggest auto market - while Toyota curbs growth to focus on shoring up quality. Toyota, reigning at the top spot in the auto industry for two years in a row, will announce its global sales for the first six months of the year on Wednesday, which could fall short of Volkswagen's half-year total. ...Read More »
Video: McDonald's Could Be Liable For Labor Practices By Clip Syndicate McDonald's is coming under intensifying pressure for labor practices at its U.S. restaurants. The National Labor Relations Board said Tuesday that the world's biggest hamburger chain could be named as a joint employer in several complaints regarding worker rights at franchise-owned restaurants. The decision is pivotal because it could expose McDonald's to liability for management practices in those locations. ...Read More »
Video: Icahn Cuts Stake In Family Dollar By Clip Syndicate Activist investor Carl Icahn cut his stake in Family Dollar a day after the company agreed to be bought by rival discount chain Dollar Tree for $8.5 billion. Icahn said he was "determined" to dispose part of his stake rather than wait for the deal to close or for higher offers to emerge. Icahn reported a 6.03 percent stake in Family Dollar on Tuesday, down from about 9.39 percent that made him the largest shareholder.

 ...Read More »
Video: VW Set To Overtake Toyota As Global Auto Leader By Clip Syndicate Volkswagen is poised to overtake Toyota as the global leader in vehicle sales, with a rapid expansion drive in China - the world's biggest auto market - while Toyota curbs growth to focus on shoring up quality. Toyota, reigning at the top spot in the auto industry for two years in a row, will announce its global sales for the first six months of the year on Wednesday, which could fall short of Volkswagen's half-year total. ...Read More »
Video: Icahn Cuts Stake In Family Dollar By Clip Syndicate Activist investor Carl Icahn cut his stake in Family Dollar a day after the company agreed to be bought by rival discount chain Dollar Tree for $8.5 billion. Icahn said he was "determined" to dispose part of his stake rather than wait for the deal to close or for higher offers to emerge. Icahn reported a 6.03 percent stake in Family Dollar on Tuesday, down from about 9.39 percent that made him the largest shareholder.

 ...Read More »
Video: Clean-air Rules Assailed As Too Much, Too Little By Clip Syndicate Hundreds of people across the country lined up Tuesday to tell the Environmental Protection Agency that its new rules for power-plant pollution either go too far or not far enough. The agency is holding hearings this week in Atlanta, Denver, Pittsburgh and Washington on President Barack Obama's plan to cut carbon-dioxide emissions by 30 percent by 2030, with 2005 levels as the starting point. The rules are intended to curb global warming. Coal mines, electric utilities, labor unions, environmental groups, renewable energy companies, government agencies, religious and civil rights organizations and others sent representatives to the hearings.

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Video: Dow Movers: UNH, T By Clip Syndicate In early trading on Tuesday, shares of AT&T (T) topped the list of the day's best performing Dow Jones Industrial Average components, trading up 3.8%. Year to date, AT&T registers a 5.3% gain. ...Read More »

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