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<item rdf:about="http://www.npr.org/templates/story/story.php?storyId=90277450&#x26;ft=1&#x26;f=1006">
<title>&#x27;Marketplace&#x27; Report: Bush Playing Fuel Favorites?</title>
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<description><![CDATA[A dozen governors are charging the White House with catering fuel economy standards to car companies. The governors say the move protects the auto industry from more stringent emissions standards.]]></description>
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<title>When Will Gas Hit $7 a Gallon</title>
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<description><![CDATA[A new Goldman Sachs report says oil prices will soon spike to $150 a barrel.  The company has successfully predicted past price increases. Wall Street Journal's Neil King discusses why this report is likely accurate.]]></description>
</item>

<item rdf:about="http://www.npr.org/templates/story/story.php?storyId=90277458&#x26;ft=1&#x26;f=1006">
<title>Another Hollywood Strike?</title>
<link>http://www.npr.org/templates/story/story.php?storyId=90277458&#x26;ft=1&#x26;f=1006</link>
<description><![CDATA[Screen Actors Guild negotiations have stalled, which could mean another Hollywood strike.  Los Angeles Times reporter Richard Verrier tells Madeleine Brand what it might take to get the parties back to the bargaining table.]]></description>
</item>

<item rdf:about="http://www.npr.org/templates/story/story.php?storyId=90268069&#x26;ft=1&#x26;f=1006">
<title>Burger King Locked in Dispute with Farm Workers</title>
<link>http://www.npr.org/templates/story/story.php?storyId=90268069&#x26;ft=1&#x26;f=1006</link>
<description><![CDATA[Burger King is embroiled in a labor dispute with tomato pickers in Florida, and now a Burger King executive has been tied to e-mail spreading misinformation about the workers' cause, says Amy Bennett Williams of the Fort Myers News-Press.]]></description>
</item>

<item rdf:about="http://www.npr.org/templates/story/story.php?storyId=90268099&#x26;ft=1&#x26;f=1006">
<title>Insurers Eye Savings from Treatment Overseas</title>
<link>http://www.npr.org/templates/story/story.php?storyId=90268099&#x26;ft=1&#x26;f=1006</link>
<description><![CDATA[Uninsured Americans are flying to Thailand for cheap surgery. But reporter Avery Comarow says U.S.-based insurance companies are studying the safety of sending patients to foreign countries for cheap major surgery.]]></description>
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<item rdf:about="http://www.npr.org/templates/story/story.php?storyId=90268427&#x26;ft=1&#x26;f=1006">
<title>EarthLink Dropping Philadelphia&#x27;s Wireless Network</title>
<link>http://www.npr.org/templates/story/story.php?storyId=90268427&#x26;ft=1&#x26;f=1006</link>
<description><![CDATA[EarthLink is threatening to turn off Philadelphia's municipal wireless network if the parties can't agree to a takeover plan. The city's wireless network was supposed to be a model for cities around the country and an example of how to bridge the digital divide. But the network has been plagued by delays and spotty service.]]></description>
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<item rdf:about="http://www.npr.org/templates/story/story.php?storyId=90268424&#x26;ft=1&#x26;f=1006">
<title>Laptop Makers to Raise Prices</title>
<link>http://www.npr.org/templates/story/story.php?storyId=90268424&#x26;ft=1&#x26;f=1006</link>
<description><![CDATA[During the past decade, HP and Dell have kept laptop prices low by forcing their Taiwanese manufacturers to absorb rising costs. But on Thursday, the Financial Times quotes the head of one of the Taiwanese companies saying "we'll be raising prices for the first time." ]]></description>
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<item rdf:about="http://www.npr.org/templates/story/story.php?storyId=90268430&#x26;ft=1&#x26;f=1006">
<title>Auction Gets $11,000 for Tea with Greenspan</title>
<link>http://www.npr.org/templates/story/story.php?storyId=90268430&#x26;ft=1&#x26;f=1006</link>
<description><![CDATA[A human rights group has been holding a fundraising auction including the prize of tea with former Federal Reserve chief Alan Greenspan. Bids for the rare opportunity went to $11,000. When Greenspan auctioned himself off last year, the winning bidder paid $45,000.]]></description>
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<item rdf:about="http://www.npr.org/templates/story/story.php?storyId=90259986&#x26;ft=1&#x26;f=1006">
<title>Costs Up, So Dry Cleaners Want Their Hangers Back</title>
<link>http://www.npr.org/templates/story/story.php?storyId=90259986&#x26;ft=1&#x26;f=1006</link>
<description><![CDATA[Wire hangers have become more expensive since the government set import tariffs on cheaper hangers from China. Dry cleaning operators nationwide are asking customers to return their hangers to help keep costs down.]]></description>
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<item rdf:about="http://www.npr.org/templates/story/story.php?storyId=90259944&#x26;ft=1&#x26;f=1006">
<title>Sprint, Clearwire in WiMax Venture</title>
<link>http://www.npr.org/templates/story/story.php?storyId=90259944&#x26;ft=1&#x26;f=1006</link>
<description><![CDATA[Two wireless phone companies, Sprint Nextel and Clearwire, have come together to place a huge bet on a wireless technology called WiMax. WiMax would provide full Internet access for cell phones and laptops at speeds much faster than what's available today.]]></description>
</item>

<item rdf:about="http://www.npr.org/templates/story/story.php?storyId=90252759&#x26;ft=1&#x26;f=1006">
<title>&#x27;Marketplace&#x27; Report: Food Stamps</title>
<link>http://www.npr.org/templates/story/story.php?storyId=90252759&#x26;ft=1&#x26;f=1006</link>
<description><![CDATA[High food prices are stressing the Food Stamp program. Nearly one in 10 Americans are expected to use food stamps next year. That's 28 million people &mdash; the highest ever enrolled in the program.]]></description>
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<item rdf:about="http://www.npr.org/templates/story/story.php?storyId=90252766&#x26;ft=1&#x26;f=1006">
<title>British Thieves Target Church Rooves</title>
<link>http://www.npr.org/templates/story/story.php?storyId=90252766&#x26;ft=1&#x26;f=1006</link>
<description><![CDATA[The increase in world commodity prices has sparked an unusual crime wave in England. Thieves have been stealing the lead used as roofing material on the country's older churches.]]></description>
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<item rdf:about="http://www.npr.org/templates/story/story.php?storyId=90252769&#x26;ft=1&#x26;f=1006">
<title>Why to Avoid the Middle Seat</title>
<link>http://www.npr.org/templates/story/story.php?storyId=90252769&#x26;ft=1&#x26;f=1006</link>
<description><![CDATA[Keep your hand away from that seat pocket, lest you want to make some unpleasant discoveries, says reporter Scott McCartney.]]></description>
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<item rdf:about="http://www.npr.org/templates/story/story.php?storyId=90245762&#x26;ft=1&#x26;f=1006">
<title>Scholar Says Botched Law Threatens Patent System</title>
<link>http://www.npr.org/templates/story/story.php?storyId=90245762&#x26;ft=1&#x26;f=1006</link>
<description><![CDATA[The way judges are appointed to the Board of Patent Appeals almost definitely violates the Constitution, says John Duffy, a professor at George Washington University Law School. Duffy wrote a paper suggesting that the problem could invalidate scores of decisions.]]></description>
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<item rdf:about="http://www.npr.org/templates/story/story.php?storyId=90245748&#x26;ft=1&#x26;f=1006">
<title>Restaurant Grease Becoming Hot Target for Thieves</title>
<link>http://www.npr.org/templates/story/story.php?storyId=90245748&#x26;ft=1&#x26;f=1006</link>
<description><![CDATA[With demand for biodiesel on the rise, the market value of fry grease that can be used to make it has tripled in recent years. "Grease bandits" are stealing used fry grease from restaurants and rendering plants, reports Ben Arnoldy of the The Christian Science Monitor.]]></description>
</item>

<item rdf:about="http://money.cnn.com/rssclick/2008/05/09/markets/stockswatch_ny/index.htm?section=money_latest">
<title>Bears roaming Wall Street</title>
<link>http://money.cnn.com/rssclick/2008/05/09/markets/stockswatch_ny/index.htm?section=money_latest</link>
<description><![CDATA[U.S. stocks looked set for a sharp decline at Friday's open as AIG's big loss raised credit jitters and soaring oil prices fanned inflation concerns.
]]></description>
</item>

<item rdf:about="http://money.cnn.com/rssclick/2008/05/09/news/economy/gas_prices/index.htm?section=money_latest">
<title>Gas prices hit record $3.671 a gallon</title>
<link>http://money.cnn.com/rssclick/2008/05/09/news/economy/gas_prices/index.htm?section=money_latest</link>
<description><![CDATA[Retail gasoline prices have jumped to yet another record high, auto group AAA's Web site showed Friday.
]]></description>
</item>

<item rdf:about="http://money.cnn.com/rssclick/2008/05/08/pf/retirement/revell_taxes.moneymag/index.htm?section=money_latest">
<title>Why your tax rate is going up</title>
<link>http://money.cnn.com/rssclick/2008/05/08/pf/retirement/revell_taxes.moneymag/index.htm?section=money_latest</link>
<description><![CDATA[Last week, the federal government began sending out more than $100 billion in "tax rebates" to millions of Americans in an effort to stimulate the sluggish economy.
]]></description>
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<item rdf:about="http://money.cnn.com/rssclick/2008/05/09/news/economy/creditcards/index.htm?section=money_latest">
<title>Barely surviving on credit cards</title>
<link>http://money.cnn.com/rssclick/2008/05/09/news/economy/creditcards/index.htm?section=money_latest</link>
<description><![CDATA[These days, more and more people are saying "Charge it."
]]></description>
</item>

<item rdf:about="http://money.cnn.com/rssclick/2008/05/09/markets/stockswatch/index.htm?section=money_latest">
<title>Bears roaming Wall Street</title>
<link>http://money.cnn.com/rssclick/2008/05/09/markets/stockswatch/index.htm?section=money_latest</link>
<description><![CDATA[U.S. stocks looked set for a sharp decline at Friday's open as AIG's big loss raised credit jitters and soaring oil prices fanned inflation concerns.
]]></description>
</item>

<item rdf:about="http://money.cnn.com/rssclick/2008/05/06/news/companies/levenson_lehman_rain_man.fortune/index.htm?section=money_latest">
<title>Lehman&#x27;s rain man</title>
<link>http://money.cnn.com/rssclick/2008/05/06/news/companies/levenson_lehman_rain_man.fortune/index.htm?section=money_latest</link>
<description><![CDATA[There may not be much talk about vacations at Lehman Brothers these days, but when i-bankers start thinking about tee times and tanning again, VP Dan Guertin could find himself more popular than most of his colleagues. The reason? He's Lehman's chief meteorologist.
]]></description>
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<item rdf:about="http://money.cnn.com/rssclick/2008/05/08/magazines/fortune/Siklos_Avram.fortune/index.htm?section=money_latest">
<title>Victory lap for Iron Man of super-hero flicks</title>
<link>http://money.cnn.com/rssclick/2008/05/08/magazines/fortune/Siklos_Avram.fortune/index.htm?section=money_latest</link>
<description><![CDATA[If Stan Lee is the father of the modern comic book super-hero, then Avi Arad is the godfather of the modern super-hero movie - at least those that were adapted from Mr. Lee's creations for Marvel Comics.
]]></description>
</item>

<item rdf:about="http://money.cnn.com/rssclick/2008/05/09/markets/oil.ap/index.htm?section=money_latest">
<title>Oil rallies to new high near $125</title>
<link>http://money.cnn.com/rssclick/2008/05/09/markets/oil.ap/index.htm?section=money_latest</link>
<description><![CDATA[Read full story for latest details.
]]></description>
</item>

<item rdf:about="http://money.cnn.com/rssclick/2008/05/08/news/inflation_crunch.fortune/index.htm?section=money_latest">
<title>Why inflation is not the big problem</title>
<link>http://money.cnn.com/rssclick/2008/05/08/news/inflation_crunch.fortune/index.htm?section=money_latest</link>
<description><![CDATA[Suddenly inflation is the word on everyone's lips. But as much as they might like to, policymakers cannot forget about a bigger problem - the lingering effects of the credit crunch.
]]></description>
</item>

<item rdf:about="http://money.cnn.com/rssclick/2008/05/08/technology/google.ap/index.htm?section=money_latest">
<title>Google seeks Yahoo ad partnership</title>
<link>http://money.cnn.com/rssclick/2008/05/08/technology/google.ap/index.htm?section=money_latest</link>
<description><![CDATA[Read full story for latest details.
]]></description>
</item>

<item rdf:about="http://money.cnn.com/rssclick/2008/05/08/news/companies/wachovia_ceo.ap/index.htm?section=money_latest">
<title>Wachovia removes CEO as chairman</title>
<link>http://money.cnn.com/rssclick/2008/05/08/news/companies/wachovia_ceo.ap/index.htm?section=money_latest</link>
<description><![CDATA[Read full story for latest details.
]]></description>
</item>

<item rdf:about="http://money.cnn.com/rssclick/2008/05/08/technology/lucent_microsoft.ap/index.htm?section=money_latest">
<title>Judge reinstates Alcatel-Lucent case</title>
<link>http://money.cnn.com/rssclick/2008/05/08/technology/lucent_microsoft.ap/index.htm?section=money_latest</link>
<description><![CDATA[Read full story for latest details.
]]></description>
</item>

<item rdf:about="http://money.cnn.com/rssclick/2008/05/08/news/companies/loomis_citi.fortune/index.htm?section=money_latest">
<title>Coming soon: Citigroup&#x27;s grand plan</title>
<link>http://money.cnn.com/rssclick/2008/05/08/news/companies/loomis_citi.fortune/index.htm?section=money_latest</link>
<description><![CDATA[D-Day for Citigroup is Friday - and thank heavens it's finally arrived.
]]></description>
</item>

<item rdf:about="http://money.cnn.com/rssclick/2008/05/08/news/companies/cablevision.ap/index.htm?section=money_latest">
<title>Cablevision to offer N.Y. WiFi service</title>
<link>http://money.cnn.com/rssclick/2008/05/08/news/companies/cablevision.ap/index.htm?section=money_latest</link>
<description><![CDATA[Read full story for latest details.
]]></description>
</item>

<item rdf:about="http://money.cnn.com/rssclick/2008/05/08/pf/saving/toptips/index.htm?section=money_latest">
<title>Reducing electricity bills</title>
<link>http://money.cnn.com/rssclick/2008/05/08/pf/saving/toptips/index.htm?section=money_latest</link>
<description><![CDATA[Warning! Your electricity bill may shock you. Rising fuel costs are pumping up the cost of your electricity. Here's a look at what's in store and how to combat those higher prices.
]]></description>
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<item rdf:about="http://money.cnn.com/rssclick/2008/05/08/news/companies/Tmobile_subscribers.ap/index.htm?section=money_latest">
<title>T-Mobile subscriber base tops 30M</title>
<link>http://money.cnn.com/rssclick/2008/05/08/news/companies/Tmobile_subscribers.ap/index.htm?section=money_latest</link>
<description><![CDATA[Read full story for latest details.
]]></description>
</item>

<item rdf:about="http://money.cnn.com/rssclick/2008/05/08/news/economy/frank_omnibus_housing_bill_vote/index.htm?section=money_latest">
<title>House OKs controversial housing plan</title>
<link>http://money.cnn.com/rssclick/2008/05/08/news/economy/frank_omnibus_housing_bill_vote/index.htm?section=money_latest</link>
<description><![CDATA[The House on Thursday passed a contentious foreclosure-prevention package, which still faces a veto threat from the White House and an uncertain fate in the Senate.
]]></description>
</item>

<item rdf:about="http://money.cnn.com/rssclick/2008/05/08/news/companies/earns_AIG/index.htm?section=money_latest">
<title>AIG reports $7.8 billion loss</title>
<link>http://money.cnn.com/rssclick/2008/05/08/news/companies/earns_AIG/index.htm?section=money_latest</link>
<description><![CDATA[American International Group Inc., the nation's largest insurer, reported losses of nearly $7.81 billion for its fiscal first quarter and said it would seek to raise $12.5 billion in capital to shore up its balance sheet.
]]></description>
</item>

<item rdf:about="http://money.cnn.com/rssclick/2008/05/08/news/companies/gm_axle.ap/index.htm?section=money_latest">
<title>GM offers $200M to settle Axle strike</title>
<link>http://money.cnn.com/rssclick/2008/05/08/news/companies/gm_axle.ap/index.htm?section=money_latest</link>
<description><![CDATA[Read full story for latest details.
]]></description>
</item>

<item rdf:about="http://money.cnn.com/rssclick/2008/05/08/news/companies/time_warner.ap/index.htm?section=money_latest">
<title>Time Warner closing 2 film studios</title>
<link>http://money.cnn.com/rssclick/2008/05/08/news/companies/time_warner.ap/index.htm?section=money_latest</link>
<description><![CDATA[Read full story for latest details.
]]></description>
</item>

<item rdf:about="http://www.newyorker.com/talk/financial/2008/05/12/080512ta_talk_surowiecki">
<title>The Open Secret of Success</title>
<link>http://www.newyorker.com/talk/financial/2008/05/12/080512ta_talk_surowiecki</link>
<description><![CDATA[In the current atmosphere of economic tumult, the announcement that Toyota sold a hundred and sixty thousand more cars than General Motors in the first three months of this year might seem like a minor news item. But it may very well signal the end of one of the most&#160;.&#160;.&#160;.]]></description>
</item>

<item rdf:about="http://www.newyorker.com/talk/financial/2008/04/28/080428ta_talk_surowiecki">
<title>Parsing Paulson</title>
<link>http://www.newyorker.com/talk/financial/2008/04/28/080428ta_talk_surowiecki</link>
<description><![CDATA[In the wake of a crisis, the natural response of government officials is often to offer up new rules and regulations. So it came as no surprise when, a few weeks ago, Treasury Secretary Henry Paulson proposed a new regulatory scheme for the nation&#8217;s stricken financial markets. What was surprising&#160;.&#160;.&#160;.]]></description>
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<item rdf:about="http://www.newyorker.com/talk/financial/2008/04/21/080421ta_talk_surowiecki">
<title>Iceland&#x26;#8217;s Deep Freeze</title>
<link>http://www.newyorker.com/talk/financial/2008/04/21/080421ta_talk_surowiecki</link>
<description><![CDATA[By now, we&#8217;re all familiar with the major victims of the subprime meltdown: greedy mortgage brokers, overleveraged hedge funds, feckless banks and brokerages, incautious homeowners, and so on. But the crisis is also wreaking havoc in places that, on the surface, might seem to have nothing to do with the&#160;.&#160;.&#160;.]]></description>
</item>

<item rdf:about="http://www.newyorker.com/talk/financial/2008/04/07/080407ta_talk_surowiecki">
<title>Going for Broke</title>
<link>http://www.newyorker.com/talk/financial/2008/04/07/080407ta_talk_surowiecki</link>
<description><![CDATA[In recent months, a lot of people have been handed financial get-out-of-jail-free cards. C.E.O.s who presided over billions in losses have walked away with tens of millions in compensation. The Federal Reserve has showered cheap money on banks and brokerages. Even Bear Stearns caught a break&#160;.&#160;.&#160;.]]></description>
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<item rdf:about="http://www.newyorker.com/talk/financial/2008/03/31/080331ta_talk_surowiecki">
<title>Too Dumb To Fail</title>
<link>http://www.newyorker.com/talk/financial/2008/03/31/080331ta_talk_surowiecki</link>
<description><![CDATA[In 1984, Continental Illinois, then one of the country&#8217;s largest banks, found itself on the verge of collapse, after billions of dollars&#8217; worth of its loans went bad. To avert a crisis, the government stepped in, purchasing &#36;3.5 billion of the soured loans and effectively taking over the bank&#160;.&#160;.&#160;.]]></description>
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<item rdf:about="http://www.newyorker.com/talk/financial/2008/03/17/080317ta_talk_surowiecki">
<title>What Microloans Miss</title>
<link>http://www.newyorker.com/talk/financial/2008/03/17/080317ta_talk_surowiecki</link>
<description><![CDATA[Editors&#8217; Note appended .  
            

Making loans and fighting poverty are normally two of the least glamorous pursuits around, but put the two together and you have an economic innovation that has become not just popular but downright chic. The innovation--&#8203;microfinance--&#8203;involves making small loans to poor entrepreneurs, usually&#160;.&#160;.&#160;.]]></description>
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<item rdf:about="http://www.newyorker.com/talk/financial/2008/03/10/080310ta_talk_surowiecki">
<title>Home Economics</title>
<link>http://www.newyorker.com/talk/financial/2008/03/10/080310ta_talk_surowiecki</link>
<description><![CDATA[Americans may disagree about nearly everything, but few contest the idea that owning your home is a good thing. Paeans to homeownership are a commonplace for American politicians, and, since the nineteen-thirties, public policy has been designed to make home buying cheaper and easier. Homeownership, the argument goes, has&#160;.&#160;.&#160;.]]></description>
</item>

<item rdf:about="http://www.newyorker.com/talk/financial/2008/02/25/080225ta_talk_surowiecki">
<title>The Stimulus Strategy</title>
<link>http://www.newyorker.com/talk/financial/2008/02/25/080225ta_talk_surowiecki</link>
<description><![CDATA[When President Bush signed into law last week a fiscal stimulus package of income-tax rebates and business tax breaks, it was the first good news for American consumers in a while. The plan will give many families a twelve-hundred-dollar windfall, and it comes with a message Americans&#160;.&#160;.&#160;.]]></description>
</item>

<item rdf:about="http://www.newyorker.com/talk/financial/2008/02/11/080211ta_talk_surowiecki">
<title>Bonds Unbound</title>
<link>http://www.newyorker.com/talk/financial/2008/02/11/080211ta_talk_surowiecki</link>
<description><![CDATA[If the ongoing turmoil in the world&#8217;s financial markets has made anything clear, it&#8217;s that the list of things that can go wrong in those markets is a very long one. Month after month, it seems, another potentially disastrous problem rises to the surface. The latest looming crisis is the&#160;.&#160;.&#160;.]]></description>
</item>

<item rdf:about="http://www.newyorker.com/talk/financial/2008/01/28/080128ta_talk_surowiecki">
<title>The Tata Invasion</title>
<link>http://www.newyorker.com/talk/financial/2008/01/28/080128ta_talk_surowiecki</link>
<description><![CDATA[Americans are used to foreign cars--nearly half of us, after all, drive one--but no American has yet seen a vehicle bearing the brand name Tata Motors tooling along the highway. So when, a few weeks ago, news broke that this same Tata Motors, an Indian auto company, was&#160;.&#160;.&#160;.]]></description>
</item>

<item rdf:about="http://feeds.reuters.com/~r/reuters/businessNews/~3/286517958/idUSN0843322020080509">
<title>Citigroup may unveil $400 billion asset sales: sources</title>
<link>http://feeds.reuters.com/~r/reuters/businessNews/~3/286517958/idUSN0843322020080509</link>
<description><![CDATA[NEW YORK (Reuters) - Citigroup Inc, hard hit by the global credit crunch, is expected to present plans to sell roughly $400 billion of extraneous assets when it meets with investors and analysts on Friday, people familiar with the situation said.

  
]]></description>
</item>

<item rdf:about="http://feeds.reuters.com/~r/reuters/businessNews/~3/286565729/idUSSYD3274320080509">
<title>Oil powers above $125 as funds pile in</title>
<link>http://feeds.reuters.com/~r/reuters/businessNews/~3/286565729/idUSSYD3274320080509</link>
<description><![CDATA[LONDON (Reuters) - Oil raced to a new record high above $125 a barrel on Friday, as a strong performance over the last week and a surge in heating oil futures saw investment funds trooping into the market.

  
]]></description>
</item>

<item rdf:about="http://feeds.reuters.com/~r/reuters/businessNews/~3/286477290/idUSL057772320080509">
<title>Futures signal fall on Wall Street; AIG, Citi in focus</title>
<link>http://feeds.reuters.com/~r/reuters/businessNews/~3/286477290/idUSL057772320080509</link>
<description><![CDATA[FRANKFURT (Reuters) - Stock index futures fell on Friday after the world's largest insurer, American International Group , posted record quarterly losses, and as the oil price hit new heights.

  
]]></description>
</item>

<item rdf:about="http://feeds.reuters.com/~r/reuters/businessNews/~3/286655756/idUSTKF00314120080509">
<title>Toyota shares slide after bleak profit forecasts</title>
<link>http://feeds.reuters.com/~r/reuters/businessNews/~3/286655756/idUSTKF00314120080509</link>
<description><![CDATA[TOKYO (Reuters) - Shares in Toyota Motor Corp skidded on Friday after the world's biggest automaker forecast its first annual net profit decline in seven years as it faces a triple blow of a stronger yen, rising materials prices and a slowing U.S. economy.

  
]]></description>
</item>

<item rdf:about="http://feeds.reuters.com/~r/reuters/businessNews/~3/286699587/idUSN0944197120080509">
<title>Chunk of Chevron&#x27;s job cuts seen in 2008: filing</title>
<link>http://feeds.reuters.com/~r/reuters/businessNews/~3/286699587/idUSN0944197120080509</link>
<description><![CDATA[NEW YORK (Reuters) - Pointing at a slew of job cuts, Chevron Corp  said in a regulatory filing that about 1,100 employees were eligible for severance payments, after it implemented a restructuring plan in 2007.

  
]]></description>
</item>

<item rdf:about="http://feeds.reuters.com/~r/reuters/businessNews/~3/286614631/idUSWLB126720080509">
<title>HMV sees profit boost from strong games demand</title>
<link>http://feeds.reuters.com/~r/reuters/businessNews/~3/286614631/idUSWLB126720080509</link>
<description><![CDATA[LONDON (Reuters) - British music and books retailer HMV Group Plc  said it was confident full-year profits would be towards the top end of market expectations, driven by strong demand for computer games.

  
]]></description>
</item>

<item rdf:about="http://feeds.reuters.com/~r/reuters/businessNews/~3/286639030/idUSSHA20570620080509">
<title>China fund sees opportunity in global instability</title>
<link>http://feeds.reuters.com/~r/reuters/businessNews/~3/286639030/idUSSHA20570620080509</link>
<description><![CDATA[SHANGHAI (Reuters) - Global economic instability has created huge investment opportunities for China Investment Corp (CIC), but the sovereign wealth fund will be careful not to destabilize countries where it operates, its head said on Friday.

  
]]></description>
</item>

<item rdf:about="http://feeds.reuters.com/~r/reuters/businessNews/~3/286639031/idUST18108120080509">
<title>Takeda sees big profit slump on Millennium costs</title>
<link>http://feeds.reuters.com/~r/reuters/businessNews/~3/286639031/idUST18108120080509</link>
<description><![CDATA[TOKYO (Reuters) - Japan's Takeda Pharmaceutical Co Ltd  posted a 77 percent drop in quarterly operating profit on Friday, and forecast a sharp fall in annual income on costs for its $8.8 billion purchase of U.S. biotech firm Millennium Pharmaceuticals.

  
]]></description>
</item>

<item rdf:about="http://feeds.reuters.com/~r/reuters/businessNews/~3/286588123/idUST3190620080509">
<title>Nissan to outsource sales network setup in India</title>
<link>http://feeds.reuters.com/~r/reuters/businessNews/~3/286588123/idUST3190620080509</link>
<description><![CDATA[TOKYO (Reuters) - Japan's Nissan Motor Co said on Friday it had appointed Hover Automotive India Private to develop its sales network in India, with the aim of establishing 55 dealers by 2012 to sell more than 100,000 vehicles that year.

  
]]></description>
</item>

<item rdf:about="http://feeds.reuters.com/~r/reuters/businessNews/~3/286687814/idUSL0955290520080509">
<title>Flomerics surges after rejects Mentor cash bid</title>
<link>http://feeds.reuters.com/~r/reuters/businessNews/~3/286687814/idUSL0955290520080509</link>
<description><![CDATA[LONDON (Reuters) - Shares in British engineering software firm Flomerics Group  surged on Friday after rejecting a buyout offer from larger U.S. rival Mentor Graphics, saying it would explore interest from several other parties.

  
]]></description>
</item>

<item rdf:about="http://feeds.feedburner.com/~r/AbcNews_Business/~3/286361103/story">
<title>House Passes $300B Foreclosure Rescue</title>
<link>http://feeds.feedburner.com/~r/AbcNews_Business/~3/286361103/story</link>
<description><![CDATA[The House approved a major housing aid plan despite Bush's veto threat.]]></description>
</item>

<item rdf:about="http://feeds.feedburner.com/~r/AbcNews_Business/~3/286292509/wireStory">
<title>How High Will it Go? Oil Nears $124</title>
<link>http://feeds.feedburner.com/~r/AbcNews_Business/~3/286292509/wireStory</link>
<description><![CDATA[Many Americans are left wondering: how much higher can it go?]]></description>
</item>

<item rdf:about="http://feeds.feedburner.com/~r/AbcNews_Business/~3/286066254/wireStory">
<title>Toyota&#x27;s Profits Sink to $3 Billion</title>
<link>http://feeds.feedburner.com/~r/AbcNews_Business/~3/286066254/wireStory</link>
<description><![CDATA[The automaker posts a 28 percent drop as sales weaken in North America.]]></description>
</item>

<item rdf:about="http://feeds.feedburner.com/~r/AbcNews_Business/~3/286115378/story">
<title>Calif. City to File for Bankruptcy</title>
<link>http://feeds.feedburner.com/~r/AbcNews_Business/~3/286115378/story</link>
<description><![CDATA[Vallejo is set to become the largest California city to file for bankruptcy.]]></description>
</item>

<item rdf:about="http://feeds.feedburner.com/~r/AbcNews_Business/~3/286301307/story">
<title>Is Efficiency Obsession Unproductive?</title>
<link>http://feeds.feedburner.com/~r/AbcNews_Business/~3/286301307/story</link>
<description><![CDATA[Deconstructing the notion that demand for more means better productivity.]]></description>
</item>

<item rdf:about="http://feeds.feedburner.com/~r/AbcNews_Business/~3/285722895/story">
<title>N.Y. Man Could Bring Down Israeli PM</title>
<link>http://feeds.feedburner.com/~r/AbcNews_Business/~3/285722895/story</link>
<description><![CDATA[A philanthropist's testimony is sought in the probe of PM Olmert's dealings.]]></description>
</item>

<item rdf:about="http://feeds.feedburner.com/~r/AbcNews_Business/~3/286145502/story">
<title>Southwest Gave Freebies to FAA</title>
<link>http://feeds.feedburner.com/~r/AbcNews_Business/~3/286145502/story</link>
<description><![CDATA[Free pilot training shows tight ties between Southwest and oversight agency.]]></description>
</item>

<item rdf:about="http://feeds.feedburner.com/~r/AbcNews_Business/~3/286037699/story">
<title>Spring Cleaning for Your Career</title>
<link>http://feeds.feedburner.com/~r/AbcNews_Business/~3/286037699/story</link>
<description><![CDATA[Learn how to get more enjoyment and prestige out of your job.]]></description>
</item>

<item rdf:about="http://feeds.feedburner.com/~r/AbcNews_Business/~3/286193257/story">
<title>Plane Crosses Ocean Minus a Panel</title>
<link>http://feeds.feedburner.com/~r/AbcNews_Business/~3/286193257/story</link>
<description><![CDATA[Passengers heard loud noise; American Airlines flew on from Dallas.]]></description>
</item>

<item rdf:about="http://feeds.feedburner.com/~r/AbcNews_Business/~3/285431923/story">
<title>Housing Hits New Low: Still No Bottom?</title>
<link>http://feeds.feedburner.com/~r/AbcNews_Business/~3/285431923/story</link>
<description><![CDATA[Realtor group: Pending U.S. home sales dropped to a new low in March.]]></description>
</item>

<item rdf:about="http://feeds.feedburner.com/~r/AbcNews_Business/~3/285332082/wireStory">
<title>Bush, Congress Clash on Housing Rescue</title>
<link>http://feeds.feedburner.com/~r/AbcNews_Business/~3/285332082/wireStory</link>
<description><![CDATA[The House is expected to vote on a foreclosure prevention plan by Thursday.]]></description>
</item>

<item rdf:about="http://feeds.feedburner.com/~r/AbcNews_Business/~3/285635037/wireStory">
<title>Stocks Fall as Oil Prices Surge</title>
<link>http://feeds.feedburner.com/~r/AbcNews_Business/~3/285635037/wireStory</link>
<description><![CDATA[The Dow dropped more than 200 points after oil prices hit another new record.]]></description>
</item>

<item rdf:about="http://feeds.feedburner.com/~r/AbcNews_Business/~3/282062624/story">
<title>Should the Politicians Raise the Gas Tax?</title>
<link>http://feeds.feedburner.com/~r/AbcNews_Business/~3/282062624/story</link>
<description><![CDATA[Sounds unpopular but a few in government are quietly contemplating such plans.]]></description>
</item>

<item rdf:about="http://feeds.feedburner.com/~r/AbcNews_Business/~3/265613703/story">
<title>America&#x27;s Riskiest Real Estate Spots</title>
<link>http://feeds.feedburner.com/~r/AbcNews_Business/~3/265613703/story</link>
<description><![CDATA[Ready to take a serious gamble on real estate? Check out these cities.]]></description>
</item>

<item rdf:about="http://feeds.feedburner.com/~r/AbcNews_Business/~3/280046791/story">
<title>Is It Time to Stockpile Your Food? </title>
<link>http://feeds.feedburner.com/~r/AbcNews_Business/~3/280046791/story</link>
<description><![CDATA[A guide to preparing for rising food costs or that next big emergency.]]></description>
</item>

<item rdf:about="http://feeds.feedburner.com/~r/AbcNews_Business/~3/280334201/story">
<title>Selling Prized Belongings to Make Ends Meet</title>
<link>http://feeds.feedburner.com/~r/AbcNews_Business/~3/280334201/story</link>
<description><![CDATA[Hard-hit Americans are unloading their family heirlooms to pay for food and gas.]]></description>
</item>

<item rdf:about="http://feeds.feedburner.com/~r/AbcNews_Business/~3/276120634/story">
<title>Ready for a Divorce? Your House Isn&#x27;t</title>
<link>http://feeds.feedburner.com/~r/AbcNews_Business/~3/276120634/story</link>
<description><![CDATA[In today's market, divorcing couples find extra trouble in selling their homes.]]></description>
</item>

<item rdf:about="http://feeds.feedburner.com/~r/AbcNews_Business/~3/280771541/story">
<title>Why Airlines Might Abandon Your City</title>
<link>http://feeds.feedburner.com/~r/AbcNews_Business/~3/280771541/story</link>
<description><![CDATA[In the near future, you might end up driving hours just to catch your flight.]]></description>
</item>

<item rdf:about="http://feeds.feedburner.com/~r/AbcNews_Business/~3/271578859/wireStory">
<title>Cash for &#x27;Bumped&#x27; Fliers Doubled</title>
<link>http://feeds.feedburner.com/~r/AbcNews_Business/~3/271578859/wireStory</link>
<description><![CDATA[The DOT doubles the compensation airlines must pay bumped fliers to up to $800.]]></description>
</item>

<item rdf:about="http://feeds.feedburner.com/~r/AbcNews_Business/~3/268481071/story">
<title>Survive the Airline Travel Crisis: Tips </title>
<link>http://feeds.feedburner.com/~r/AbcNews_Business/~3/268481071/story</link>
<description><![CDATA[Tips on what the airlines owe you and how to get to your destination on time.]]></description>
</item>

<item rdf:about="http://feeds.feedburner.com/~r/AbcNews_Business/~3/270706763/story">
<title>What Delta, NWest &#x27;Marriage&#x27; Means for You</title>
<link>http://feeds.feedburner.com/~r/AbcNews_Business/~3/270706763/story</link>
<description><![CDATA[A look at how their trip down the aisle will shape travel for you and me.]]></description>
</item>

<item rdf:about="http://feeds.feedburner.com/~r/AbcNews_Business/~3/182395683/story">
<title>RSS Feed: Send News to Your Computer</title>
<link>http://feeds.feedburner.com/~r/AbcNews_Business/~3/182395683/story</link>
<description><![CDATA[Get the latest business headlines from ABC News.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7391772.stm">
<title>Repossession orders climb by 17%</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7391772.stm</link>
<description><![CDATA[The number of people under threat of losing their homes has risen sharply in England and Wales, figures show.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7391056.stm">
<title>Centrica wind farm cost warning</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7391056.stm</link>
<description><![CDATA[Centrica warns that the prospect of making money from wind farms is looking "marginal" due to high costs.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7392036.stm">
<title>BA confirms June move for flights</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7392036.stm</link>
<description><![CDATA[British Airways will begin to move its long-haul flights to Heathrow's Terminal 5 from June, the firm confirms.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7391812.stm">
<title>Burma cyclone raises rice prices</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7391812.stm</link>
<description><![CDATA[Rice prices rise for a sixth straight day as supplies continue to be stretched after cyclone damage in Burma.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7391763.stm">
<title>Strong games demand helps HMV</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7391763.stm</link>
<description><![CDATA[HMV shares rise 4% after the retailer says it is confident that profits will be at the top end of expectations.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7391956.stm">
<title>Big fall in French factory output</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7391956.stm</link>
<description><![CDATA[French industrial output fell four times more sharply than expected in March, increasing concerns over the state of France's economy.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7391582.stm">
<title>British Energy bid deadline looms</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7391582.stm</link>
<description><![CDATA[Potential buyers of the government's 35% stake in British Energy have until Friday to make an offer.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7391599.stm">
<title>Google keen on extra Yahoo ties</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7391599.stm</link>
<description><![CDATA[Google expresses interest in extending an advertising partnership with fellow search engine Yahoo.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7391576.stm">
<title>Supply worries send oil over $124</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7391576.stm</link>
<description><![CDATA[Crude oil has hit yet another all-time high in early Friday trading, as strong demand and supply fears continue.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7391374.stm">
<title>New Dublin brewery for Guinness</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7391374.stm</link>
<description><![CDATA[Drinks giant Diageo says it will invest 650m euros in its Irish beer business - its largest capital investment to date.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7391651.stm">
<title>AIG posts record loss on bad debt</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7391651.stm</link>
<description><![CDATA[Insurance giant AIG posts its biggest ever quarterly loss due to its continuing exposure to bad US mortgage debt.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7391657.stm">
<title>Magners firm hit by wet weather</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7391657.stm</link>
<description><![CDATA[C&C, the maker of Magners cider, says revenues have fallen in the past year after cider lost popularity.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7389750.stm">
<title>UK interest rates stay at 5%</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7389750.stm</link>
<description><![CDATA[UK interest rates are held at 5% by the Bank of England's Monetary Policy Committee, as inflation concerns persist.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7390006.stm">
<title>Gangmaster is stripped of licence</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7390006.stm</link>
<description><![CDATA[A gangmaster is stripped of his licence after investigators said they uncovered forced labour.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7390855.stm">
<title>CD slump squeezes Warner Music</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7390855.stm</link>
<description><![CDATA[Warner Music sees quarterly losses widen after consumers opt for digital music over CDs.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7390627.stm">
<title>Websites misled air passengers</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7390627.stm</link>
<description><![CDATA[One in three European consumers buying plane tickets online is being misled, the European Commission warns.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7390504.stm">
<title>Food fight looms over fryer firm</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7390504.stm</link>
<description><![CDATA[UK kitchen equipment firm Enodis, which supplies machines to McDonald's, agrees to be bought for £1bn.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7390061.stm">
<title>Eurozone rates kept steady at 4%</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7390061.stm</link>
<description><![CDATA[The European Central Bank leaves eurozone interest rates on hold at 4% after its latest meeting.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7389913.stm">
<title>Putin in 2020 pledge on economy</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7389913.stm</link>
<description><![CDATA[Vladimir Putin promises to rein in inflation and boost social spending in his new job as Russia's prime minister.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7390315.stm">
<title>Home packs delayed again</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7390315.stm</link>
<description><![CDATA[Homeowners in England and Wales are given extra time to comply with the final rules for Home Information Packs.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7389724.stm">
<title>Stella Artois firm&#x27;s profits fall</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7389724.stm</link>
<description><![CDATA[The world's biggest brewer by volume, Inbev, blames soaring raw material costs for a surprise 11% fall in profits.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7389777.stm">
<title>&#x27;Errors&#x27; in insurance price sites</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7389777.stm</link>
<description><![CDATA[Some insurance comparison websites give incorrect information, a probe by watchdog the FSA finds.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7389643.stm">
<title>Property prices fuel inheritances</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7389643.stm</link>
<description><![CDATA[More than a million adults a year in the UK are inheriting money from their relatives, new research reveals.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7388713.stm">
<title>Warning on mortgage market</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7388713.stm</link>
<description><![CDATA[Mortgage markets will take two years to recover from the credit squeeze, the  Building Societies Association says.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7389304.stm">
<title>Rock shareholders begin legal bid</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7389304.stm</link>
<description><![CDATA[Northern Rock shareholders are launching a court challenge over compensation they are due to receive.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7388812.stm">
<title>Paulson sees end of credit crunch</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7388812.stm</link>
<description><![CDATA[US Treasury Secretary Henry Paulson says the worst of the credit crunch may have passed.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7390714.stm">
<title>Power to SA mines &#x27;not at risk&#x27;</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7390714.stm</link>
<description><![CDATA[South Africa promises that its lucrative mining sector will not suffer further power disruption during the winter months.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7388035.stm">
<title>Carbon market&#x27;s value hits $64bn</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7388035.stm</link>
<description><![CDATA[The market that enables firms to buy and sell the ability to pollute doubled in value in 2007, the World Bank says.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7388022.stm">
<title>US productivity beats forecasts</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7388022.stm</link>
<description><![CDATA[US worker productivity topped analysts' forecasts during the first three months of 2008, official figures show.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7389628.stm">
<title>Fewer letters widen Mail&#x27;s losses</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7389628.stm</link>
<description><![CDATA[A slump in the number of stamped letters sees Royal Mail's losses widen to £279m in the year to March.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7390608.stm">
<title>US discount stores beat downturn</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7390608.stm</link>
<description><![CDATA[Discount firms Wal-Mart and Costco see April sales rise as consumers seek cheaper options, figures indicate.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/business/7389291.stm">
<title>Carphone in &#xA3;1.1bn US venture</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/business/7389291.stm</link>
<description><![CDATA[Carphone Warehouse is selling a half share in its retailing business to US firm Best Buy for £1.1bn.]]></description>
</item>

<item rdf:about="http://www.bbc.co.uk/go/rss/-/guidelines/editorialguidelines/advice/">
<title>Guidelines for financial journalists</title>
<link>http://www.bbc.co.uk/go/rss/-/guidelines/editorialguidelines/advice/</link>
<description><![CDATA[ ]]></description>
</item>

<item rdf:about="http://www.economist.com/people/displaystory.cfm?story_id=11328624&#x26;fsrc=RSS">
<title>Dynasty calls</title>
<link>http://www.economist.com/people/displaystory.cfm?story_id=11328624&#x26;fsrc=RSS</link>
<description><![CDATA[How John Elkann unexpectedly ended up in charge of Italy's greatest industrial dynastyITS teeth bared, a greyhound sprints across the panels of a large painting before ending badly, its head a blurry mess, its forelegs crumpled. ?The painting belonged to my grandfather, who said that it has a message for organisations?they have to keep running, but must stay alert and run with purpose,? says John Elkann, deputy chairman of IFIL, an investment firm based in Turin. His grandfather was Giovanni Agnelli, grandson of the founder of Fiat, a big automotive group which IFIL controls via a 30.4% stake. Having joined IFIL as an investment manager in 2003, Mr Elkann became deputy chairman in 2006 and will assume the chairmanship on May 13th, taking over from 83-year-old Gianluigi Gabetti, an old friend of his grandfather.The 32-year-old Mr Elkann, oldest son of Giovanni Agnelli's only daughter, represents a new generation of Italy's greatest industrial dynasty. But for most of his life he did not expect to end up running the family business. Born in New York, he spent his childhood in America, France and Brazil. He was appointed to Fiat's board at the age of 21 in December 1997, after the unexpected death of his mother's 33-year-old cousin Giovanni, the heir apparent. The subsequent deaths of Mr Elkann's grandfather in 2003 and great-uncle in 2004 led to his appointments as vice-chairman of Fiat and deputy chairman of IFIL. ...]]></description>
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<item rdf:about="http://www.economist.com/business/displaystory.cfm?story_id=11332313&#x26;fsrc=RSS">
<title>Trouble in the pipeline</title>
<link>http://www.economist.com/business/displaystory.cfm?story_id=11332313&#x26;fsrc=RSS</link>
<description><![CDATA[Despite booming demand and record prices, Russia's oil industry faces problemsWHEN the price of oil reached another record on May 6th, of over $122 a barrel, analysts pointed to attacks on pipelines in Nigeria and turmoil in Iraq as the immediate causes. Even small disruptions to supplies from such places can cause the price to jump, since only Saudi Arabia has the capacity to replace the lost production, and it does not seem inclined to do so. But to understand how supplies became so scarce in the first place, one must look at the state of the oil industry in Russia, the world's second-biggest producer.Over the past seven years, according to Citibank, Russia accounted for 80% of the growth in oil production outside the Organisation of the Petroleum Exporting Countries. The increase in its output in the early part of the decade matched the growth in demand from China and India almost barrel for barrel. Yet in April, production fell for the fourth month in a row. It is now over 2% below the peak of 9.9m barrels a day (b/d) reached in October last year. Before that, the growth in Russia's output had been slowing steadily, suggesting that the drop is not a blip. Leonid Fedun, a vice-president of Lukoil, a local oil firm, says Russia's production will never top 10m b/d. The discovery that Russia can no longer be relied upon to cater to the world's ever-increasing appetite for oil is naturally helping to propel prices to record levels. ...]]></description>
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<item rdf:about="http://www.economist.com/business/displaystory.cfm?story_id=11332744&#x26;fsrc=RSS">
<title>Methods and madness</title>
<link>http://www.economist.com/business/displaystory.cfm?story_id=11332744&#x26;fsrc=RSS</link>
<description><![CDATA[Patent reform may soon happen in the courts, if not on Capitol HillONLY those inventions ?worth to the public the embarrassment of an exclusive patent? should receive patent protection, declared Thomas Jefferson, himself an inventor and America's first commissioner of patents. Since his day some patents have proved to be more of an embarrassment than others. Most notorious are ?business methods? patents, such as the patent held by Priceline, an online ticket agency, for the Dutch-auction method of selling tickets. Thousands of these patents have been issued since they were first recognised in 1998. But the federal court charged with hearing patent appeals has hinted that it may use a case, in which arguments were due to be heard on May 8th, to cut back the scope of patent protection for business methods.The patent application submitted by would-be inventors Bernard Bilski and Rand Warsaw is startling in its breadth and simplicity: it claims exclusive rights to the process of using transactions to hedge the risk that demand for a commodity will change. The United States Patent and Trademark Office (USPTO) rejected the application because it was not limited to the use of a particular machine and did not describe any methods for working out which transactions to perform. Any device or method could be used, or none at all. As a result, the USPTO explained, the application amounted to an attempt to patent an abstract idea?the idea of hedging consumption risk using contracts. ...]]></description>
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<item rdf:about="http://www.economist.com/business/displaystory.cfm?story_id=11332692&#x26;fsrc=RSS">
<title>Hungry like the wolf</title>
<link>http://www.economist.com/business/displaystory.cfm?story_id=11332692&#x26;fsrc=RSS</link>
<description><![CDATA[A small Chinese carmaker with ambitious plansWITH a model line-up that includes the Wingle, Sailor and Socool, and a corporate action plan to ?attack the consciousness like a wolf while sensing danger like a rabbit?, it is easy to poke fun at Great Wall Motor, based in Hebei Province, south of Beijing. The carmaker's output of 108,000 vehicles in 2007 is puny by global standards?about half what Toyota builds in a week. Yet there is nothing modest about Great Wall's ambition.Its most popular models?the Hover, China's bestselling sport-utility vehicle, and the Deer, a small pick-up?have been supplemented by 14 new vehicles, with two more to follow this year. The firm also plans to introduce an electric car, the Gwkulla. Great Wall recently opened a third state-of-the-art factory which will allow it to increase volumes fivefold. It is already China's second-largest vehicle exporter (after Chery), shipping nearly half its output to over 80 countries. It builds cars with a licensee in Iran and opened a factory in Ukraine last year. ...]]></description>
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<item rdf:about="http://www.economist.com/business/displaystory.cfm?story_id=11332685&#x26;fsrc=RSS">
<title>Rebranding Australia</title>
<link>http://www.economist.com/business/displaystory.cfm?story_id=11332685&#x26;fsrc=RSS</link>
<description><![CDATA[How should Australia sell itself?STREWTH! It is almost 25 years since Paul Hogan, an Australian comedian, tried to lure tourists down under with his promise to throw ?another shrimp on the barbie?. A blend of beaches, bikini-clad women and bawdy humour made the ?Come and Say G'Day? campaign a sizzling success. In just three months Australia leapt into America's top ten ?most desired? holiday-destination list, having previously failed to make the top 50. The number of visitors doubled in four years.Ever since, Tourism Australia, the government outfit charged with pulling in tourists, has faced the irksome task of escaping from Mr Hogan's larger-than-life shadow. Its most recent campaign, launched two years ago, also combined cheeky humour with curvaceous bodies?the ad concludes with Lara Bingle, an Australian model, asking prospective tourists: ?So Where the Bloody Hell Are You?? This was judged too foul-mouthed for Britain, where the advertisement was initially banned. Meanwhile, the Japanese version, ?So Why Aren't You Coming?? sounded lacklustre and became a self-fulfilling prophecy. Last year the number of Japanese visitors fell by 12%. ...]]></description>
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<item rdf:about="http://www.economist.com/business/displaystory.cfm?story_id=11332425&#x26;fsrc=RSS">
<title>Charge!</title>
<link>http://www.economist.com/business/displaystory.cfm?story_id=11332425&#x26;fsrc=RSS</link>
<description><![CDATA[Renault-Nissan's ambitious plans for all-electric carsCOMMITMENT is one of Carlos Ghosn's favourite words. He makes commitments himself and he expects his senior managers in the Renault-Nissan alliance to do the same. His latest, and one of his boldest, is that Renault and Nissan will lead the car industry in developing profitable zero-emission vehicles.In recent months Renault-Nissan has teamed up with Project Better Place, a Silicon Valley start-up, to introduce all-electric vehicles and a network of charging points in Israel and Denmark by 2011. Now Nissan is going further. Speaking at a media event in Portugal this week, Mr Ghosn said that the time for the mass-market zero-emission car has come. Nissan plans to launch a battery-powered car in America in 2010 and by 2012 the Renault-Nissan alliance will offer a complete range of electric vehicles in every large car-market. And these new battery-powered cars, it claims, will work out less expensive than equivalent petrol models. ...]]></description>
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<item rdf:about="http://www.economist.com/business/displaystory.cfm?story_id=11332403&#x26;fsrc=RSS">
<title>Calling across the Indian Ocean</title>
<link>http://www.economist.com/business/displaystory.cfm?story_id=11332403&#x26;fsrc=RSS</link>
<description><![CDATA[India's biggest mobile-phone operator wants to buy Africa'sTHE first Indian company to venture overseas chose Africa as its destination, setting up a textile mill in Ethiopia in the 1950s that eventually claimed half the market. But no Indian company has ever contemplated something as bold as the potential bid by Bharti Airtel, the biggest mobile-phone operator in India, for South Africa's MTN, the biggest in Africa.According to the Financial Times, Bharti has indicated it would pay 160 rand ($21.25) a share for a 51% stake in the South African multinational. Such a purchase, amounting to about $19 billion, would be the heftiest overseas acquisition ever made by an Indian firm, dwarfing the $11.3 billion that Tata Steel paid for Corus, an Anglo-Dutch steelmaker, in 2007. It would also be more than seven times the amount India invested directly in the whole of Africa from 1995 to 2004. ...]]></description>
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<item rdf:about="http://www.economist.com/business/displaystory.cfm?story_id=11332396&#x26;fsrc=RSS">
<title>No deal</title>
<link>http://www.economist.com/business/displaystory.cfm?story_id=11332396&#x26;fsrc=RSS</link>
<description><![CDATA[Microsoft walks away from Yahoo!, and both companies loseRATHER as John McCain cannot be displeased to have seen Hillary Clinton and Barack Obama fighting it out, Google has for the past three months enjoyed watching its only two serious rivals, Yahoo! and Microsoft, tear each other to pieces. Yahoo!, once an internet pioneer, has fallen far behind Google in web search and related advertising. Microsoft still dominates desktop computing but lags behind Google as software moves online. So Steve Ballmer, Microsoft's boss, dared ask Yahoo!: what would be wrong with making, if not exactly a dream team, at least a joint effort out of it?But on May 3rd, after a frustrating marathon of meetings, Mr Ballmer walked away. He had raised his offer for Yahoo! from an initial $44.6 billion on January 31st to about $47.5 billion, some 70% more than Yahoo!'s value at the time of the opening bid. Jerry Yang, Yahoo!'s co-founder and boss, wanted at least $5 billion more. Mr Ballmer wrote him a bitter letter saying that ?you and your stockholders have left significant value on the table.? Wall Street's verdict, on May 5th, was to cut Yahoo!'s value to $34 billion. ...]]></description>
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<item rdf:about="http://www.economist.com/business/displaystory.cfm?story_id=11294307&#x26;fsrc=RSS">
<title>Labour pains</title>
<link>http://www.economist.com/business/displaystory.cfm?story_id=11294307&#x26;fsrc=RSS</link>
<description><![CDATA[A talent shortage hits green start-upsON MAY 1st applications closed for the first intake of a novel kind of executive-education programme. Set up by a bunch of venture-capital firms and other companies in New England, the three-month course will teach its ?fellows? about renewable energy. To qualify for a fellowship, applicants must be successful entrepreneurs from other industries, such as IT or health care, and be zealous about profiting from greenery.?A lack of talent, especially entrepreneurial talent, was one of the biggest bottlenecks to growth we identified in the clean-tech industry,? says Peter Rothstein of Flagship Ventures, a venture-capital firm that is one of the programme's founders. That bottleneck worries investors, who have been pouring cash into everything from solar energy to hybrid electric cars: last year global investment in renewable-energy businesses alone rose by 60%, to $148.4 billion, according to New Energy Finance (NEF), a research firm. ...]]></description>
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<item rdf:about="http://www.economist.com/business/displaystory.cfm?story_id=11294233&#x26;fsrc=RSS">
<title>A sugary mouthful</title>
<link>http://www.economist.com/business/displaystory.cfm?story_id=11294233&#x26;fsrc=RSS</link>
<description><![CDATA[Mars buys Wrigley with Warren Buffett's helpOF ALL the possible snacks, the deal was struck over a plate of sandwiches. Paul Michaels, the boss of Mars, a big maker of chocolate bars, invited Bill Wrigley, executive chairman of Wrigley, the world's biggest chewing-gum company, to his house to persuade him that the two firms were a perfect match. After all, both are old, American and dominated by their founding families. They have both focused on creating a few global ?power? brands such as Mars's Twix, M&M's and Snickers and Wrigley's Extra and Orbit. And there is little overlap between them.A few weeks later, on April 28th, Mars and Berkshire Hathaway, Warren Buffett's investment firm, announced a friendly takeover of Wrigley for about $23 billion. Mr Wrigley, who presented strong results for the first quarter on the same day, says his family did not need a lot of convincing to accept. They could see the advantages of a bigger global distribution network, whereas the Mars family liked the idea of diversifying into gum, which is considered healthier and has higher growth rates than chocolate. Mars is offering a 28% premium over the price of Wrigley's shares before the deal was announced. Mr Wrigley and other senior managers will remain in place. The firm will keep its close association with Chicago?Wrigley Field is the home stadium of the local baseball team, the Cubs. Mars will even move the offices of its non-chocolate division to the Wrigley building, a Chicago landmark. ...]]></description>
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<item rdf:about="http://www.economist.com/business/displaystory.cfm?story_id=11294226&#x26;fsrc=RSS">
<title>Money spinners</title>
<link>http://www.economist.com/business/displaystory.cfm?story_id=11294226&#x26;fsrc=RSS</link>
<description><![CDATA[Why German companies should not appoint bankers to the boardBANKERS who sit on the supervisory boards of non-financial firms in Germany benefit their bank but not necessarily the company?or so concludes a recent study* for the European Corporate Governance Institute, a think-tank. The three authors examined the record of 137 German companies and 11 banks between 1994 and 2005, and found that the mere presence of bankers in the boardroom appears to increase a company's debt and diminish its overall performance. But the board-member's bank tends to win merger-and-acquisition business from the firm. It also tends to increase its loans to the firm's competitors?perhaps thanks to the expertise in the industry the banker gained while serving on the board.That last finding is perhaps the most surprising. German banks must report all loans over ?1.5m ($2.3m) to the Bundesbank, Germany's central bank. When the researchers examined this data, which is normally secret, they discovered that a bank represented on a board in one year tended to lend more to other companies in the same industry the next. ...]]></description>
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<item rdf:about="http://www.economist.com/people/displaystory.cfm?story_id=11290840&#x26;fsrc=RSS">
<title>Take two</title>
<link>http://www.economist.com/people/displaystory.cfm?story_id=11290840&#x26;fsrc=RSS</link>
<description><![CDATA[Michael Dell pioneered a new business model at the firm that bears his name. Now he wants to overhaul itTHE second time round, the stakes are twice as high, particularly in the unforgiving world of computing. Bosses who take the helm again at firms they founded can either polish a gilded reputation, as Steve Jobs did after taking up the reins again at Apple, or they can tarnish one, the likely fate of Jerry Yang of Yahoo!, who will probably see the firm sold to Microsoft less than a year after taking over.So why, after three years of relative distance as chairman of the board, did Michael Dell take charge again early last year at Dell, the company he had founded in his dorm room at the University of Texas at the age of 19? ?When you start a company, it's a very personal thing,? answers Dell, who is now 43. ?I will care about what happens to the company even after I'm dead. I just can't let it go.? ...]]></description>
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<item rdf:about="http://www.economist.com/business/displaystory.cfm?story_id=11294323&#x26;fsrc=RSS">
<title>Jobs for the girls</title>
<link>http://www.economist.com/business/displaystory.cfm?story_id=11294323&#x26;fsrc=RSS</link>
<description><![CDATA[Spain's government wants firms to appoint more female directorsTHE sight of Spain's heavily pregnant defence minister inspecting the troops in early April seemed to herald a new era of opportunity for Spanish women. Spain is the first European country ever to produce a government with more female than male ministers. Jose Luis Rodriguez Zapatero, the prime minister, has appointed nine women and eight men to his new cabinet, including Carme Chacon, Spain's first female defence minister. Despite their sudden ascendancy in politics, however, women are still practically absent from the upper ranks of business. Spanish women make up just 4.1% of corporate boards, according to a study by the European Professional Women's Network, an lobby group, and Egon Zehnder, a recruiting agency, against an 11% average in Europe (see chart). ...]]></description>
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<item rdf:about="http://www.economist.com/business/displaystory.cfm?story_id=11294314&#x26;fsrc=RSS">
<title>One-pronged attack</title>
<link>http://www.economist.com/business/displaystory.cfm?story_id=11294314&#x26;fsrc=RSS</link>
<description><![CDATA[Asian firms pile into Indonesian resources, but Western ones are warierAS COMMODITY prices soar, and secure supplies become ever more alluring, the queue of companies seeking to invest in Indonesian natural resources reads like a ?Who's Who? of global industrialists. This week India's Reliance Power, an energy company controlled by the billionaire Anil Ambani, announced plans to invest $650m in a coal mine. In April, the government revealed that Lakshmi Mittal, the boss of ArcelorMittal and Britain's richest man, is looking to invest up to $10 billion in steel, iron ore, nickel and other projects.In March Guohua Electric Power Corporation, a subsidiary of China Shenhua Energy, China's top coal producer, received approval to develop a coal mine and power plant in Indonesia, its first overseas venture. And last year Tata Power, another Indian energy firm, paid $1.1 billion for stakes in two Indonesian coal mines owned by Bumi Resources. With UBS, an investment bank, predicting that the world's supplies of thermal coal, the sort mined in Indonesia, will fall 14m tonnes short this year, the scramble for assets is easy to understand. ...]]></description>
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<item rdf:about="http://www.economist.com/business/displaystory.cfm?story_id=11294258&#x26;fsrc=RSS">
<title>On the brink</title>
<link>http://www.economist.com/business/displaystory.cfm?story_id=11294258&#x26;fsrc=RSS</link>
<description><![CDATA[Some of America's most venerable newspapers face extinction, unless they evolve THE New York Times once epitomised all that was great about American newspapers; now it symbolises its industry's deep malaise. The Grey Lady's circulation is tumbling, down another 3.9% in the latest data from America's Audit Bureau of Circulations (ABC). Its advertising revenues are down, too (12.5% lower in March than a year earlier), as is the share price of its owner, the New York Times Company, up from its January low but still over 20% below what it was last July. On April 29th Standard & Poor's cut the firm's debt rating to one notch above junk.  At the company's annual meeting a week earlier, its embattled publisher, Arthur ?Pinch? Sulzberger, attempted to quash rumours that his family is preparing to jettison the firm it has owned since 1896 by declaring that ?this company is not for sale.? In an effort to placate his critics, Mr Sulzberger agreed to add to his board representatives of two activist hedge funds with threatening names, Firebrand and Harbinger. Carnage is expected soon on the editorial floors of the shiny new Times headquarters, as dozens of what were once the safest jobs in journalism are axed, since too few of the staff have accepted a generous offer of voluntary redundancy. ...]]></description>
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<item rdf:about="http://www.economist.com/business/displaystory.cfm?story_id=11294242&#x26;fsrc=RSS">
<title>Calling the shots</title>
<link>http://www.economist.com/business/displaystory.cfm?story_id=11294242&#x26;fsrc=RSS</link>
<description><![CDATA[India's newspapers embrace a profitable but questionable new sidelineONE of India's leading newspapers launched an unusual advertising drive last month. ?Money cannot buy our integrity? read a front-page slogan in Daily News & Analysis (DNA), a Mumbai daily. ?Make the headlines tomorrow. By paying for it,? it added, in reference to some other papers' supposed tendency to give favourable coverage to firms that place advertisements. That charge is hard to prove. But an increasingly popular practice is exposing Indian newspapers to growing conflicts of interest: accepting payments for ads in the form of shares in the advertiser's firm.The Times Group, the country's biggest media firm, started the practice in 2004. According to its website, it now has 120 ?private treaties? of this nature, which ?make the power of The Times Group available to our Treaty Partners?. The firm's executives insist that neither its own shareholdings nor its advertisers influence its coverage. But articles in its publications do not always reveal its own interest. Sevanti Ninan, a media activist, reckons the practice will ?grow and grow in a media which anyway has little notion of conflicts of interest?. Indeed, HT Media Ltd, the publisher of the Hindustan Times, recently started offering private treaties, as did one of the owners of DNA, the Dainik Bhaskar group, even though DNA itself does not offer ads-for-equity deals. ...]]></description>
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<item rdf:about="http://www.economist.com/business/displaystory.cfm?story_id=11090031&#x26;fsrc=RSS">
<title>Correction: Oil and gas in Peru</title>
<link>http://www.economist.com/business/displaystory.cfm?story_id=11090031&#x26;fsrc=RSS</link>
<description><![CDATA[The photograph that appeared alongside our article on oil and gas in Peru (?A warm welcome?, April 12th 2008) showed Alejandro Toledo, Peru's former president, rather than his successor Alan Garcia, who was named in the story. Our apologies. ...]]></description>
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<item rdf:about="http://www.economist.com/business/displaystory.cfm?story_id=11090022&#x26;fsrc=RSS">
<title>Lee bows out</title>
<link>http://www.economist.com/business/displaystory.cfm?story_id=11090022&#x26;fsrc=RSS</link>
<description><![CDATA[A giant South Korean conglomerate is shaken by corruption chargesSOUTH KOREA'S judiciary is notoriously easy on white-collar crime. The higher up the errant corporate chieftain, the more likely his prison sentence will be suspended for the good of the nation's economy?especially if he hands over a portion of his wealth to charity. On April 17th, when prosecutors charged Lee Kun-hee, the chairman of Samsung, with tax evasion and breach of trust, but cleared him of allegations of bribery, the outcome was widely seen as a whitewash. ?Many Koreans must feel they have just watched a farce,? declared the Chosun Daily, a conservative newspaper.Yet a penalty may be extracted after all. On April 22nd Mr Lee shocked the country by resigning, on live television, from the conglomerate his father founded 70 years ago and which he led for two decades. ?I sincerely apologise to the people, and I will take legal and moral responsibility,? said the 66-year-old patriarch, before bowing deeply in apology. ...]]></description>
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<item rdf:about="http://www.economist.com/business/displaystory.cfm?story_id=11090548&#x26;fsrc=RSS">
<title>Race to confess</title>
<link>http://www.economist.com/business/displaystory.cfm?story_id=11090548&#x26;fsrc=RSS</link>
<description><![CDATA[Why it pays to be at the front of the queueWHEN Britain's Office of Fair Trading (OFT) announced in 2005 that it was investigating cartels in the construction industry, its clemency hotline was so swamped by would-be whistleblowers that it had to close the confessional window a full year before its report was published earlier this month. Britain was first to import into Europe the American idea of immunity or clemency for whistleblowers, but now the practice has spread, thanks largely to the European Competition Network, a scheme through which European Union trustbusters co-ordinate action, pool experience and share best practice.Spain has just set up its own antitrust confessional, which opened on the last day of February. One law firm was so determined to win immunity for its client that lawyers slept in a car for several nights in order to be first through the door when the office opened. ...]]></description>
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<item rdf:about="http://www.upi.com/NewsTrack/Business/2008/05/09/chinas_ppi_rises_81_percent_in_april/1719/">
<title>China&#x27;s PPI rises 8.1 percent in April</title>
<link>http://www.upi.com/NewsTrack/Business/2008/05/09/chinas_ppi_rises_81_percent_in_april/1719/</link>
<description><![CDATA[BEIJING,  May 9 (UPI) --  China, facing rising inflation, saw its April producer price index jump 8.1 percent from last year, due to higher prices of raw materials and energy.]]></description>
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<item rdf:about="http://www.upi.com/NewsTrack/Business/2008/05/08/upi_newstrack_business/9575/">
<title>UPI NewsTrack Business</title>
<link>http://www.upi.com/NewsTrack/Business/2008/05/08/upi_newstrack_business/9575/</link>
<description><![CDATA[ U.S. markets close up Thursday ... Sub hunter keeps Boeing U.S. plant busy ... Ford's chairman praises company CEO ... UBS agrees to buy back municipal bonds ... News from United Press International.]]></description>
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<item rdf:about="http://www.upi.com/NewsTrack/Business/2008/05/08/grain_trades_mixed_in_chicago_thursday/8930/">
<title>Grain trades mixed in Chicago Thursday</title>
<link>http://www.upi.com/NewsTrack/Business/2008/05/08/grain_trades_mixed_in_chicago_thursday/8930/</link>
<description><![CDATA[CHICAGO,  May 8 (UPI) --  Grains traded higher Thursday, although soybean prices tailed off with wheat before firming near the day's close on the Chicago Board of Trade ]]></description>
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<item rdf:about="http://www.upi.com/NewsTrack/Business/2008/05/08/retailers_report_an_april_bounce/9508/">
<title>Retailers report an April bounce</title>
<link>http://www.upi.com/NewsTrack/Business/2008/05/08/retailers_report_an_april_bounce/9508/</link>
<description><![CDATA[WASHINGTON,  May 8 (UPI) --  Year-to-year chain store sales for April jumped beyond expectations, the International Council of Shopping Centers reported Thursday.]]></description>
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<item rdf:about="http://www.upi.com/NewsTrack/Business/2008/05/08/us_markets_close_up_thursday/3274/">
<title>U.S. markets close up Thursday</title>
<link>http://www.upi.com/NewsTrack/Business/2008/05/08/us_markets_close_up_thursday/3274/</link>
<description><![CDATA[NEW YORK,  May 8 (UPI) --  U.S. stock indexes closed in the black Thursday, bolstered by labor and retail news and undeterred by a fifth consecutive day of crude oil price records.]]></description>
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<item rdf:about="http://www.upi.com/NewsTrack/Business/2008/05/08/crude_oil_prices_climb_thursday/6080/">
<title>Crude oil prices climb Thursday</title>
<link>http://www.upi.com/NewsTrack/Business/2008/05/08/crude_oil_prices_climb_thursday/6080/</link>
<description><![CDATA[NEW YORK,  May 8 (UPI) --  Crude oil prices settled in midday trading Thursday before rising to a record by close of day on the New York Mercantile Exchange.]]></description>
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<item rdf:about="http://www.upi.com/NewsTrack/Business/2008/05/08/sub_hunter_keeps_boeing_us_plant_busy/1242/">
<title>Sub hunter keeps Boeing U.S. plant busy</title>
<link>http://www.upi.com/NewsTrack/Business/2008/05/08/sub_hunter_keeps_boeing_us_plant_busy/1242/</link>
<description><![CDATA[RENTON, Wash.,  May 8 (UPI) --  Aerospace giant Boeing's production of U.S. Navy sub hunters in Renton, Wash., could amount to a $40 billion program, industry observers said.]]></description>
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<item rdf:about="http://www.upi.com/NewsTrack/Business/2008/05/08/payday_lenders_up_in_arms_over_ohio_bill/5931/">
<title>Payday lenders up in arms over Ohio bill</title>
<link>http://www.upi.com/NewsTrack/Business/2008/05/08/payday_lenders_up_in_arms_over_ohio_bill/5931/</link>
<description><![CDATA[COLUMBUS, Ohio,  May 8 (UPI) --  The payday lending industry in Ohio has stepped up efforts to stop a General Assembly bill meant to cut back on predatory lending, Statehouse observers said.]]></description>
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<item rdf:about="http://www.upi.com/NewsTrack/Business/2008/05/08/fords_chairman_praises_company_ceo/7386/">
<title>Ford&#x27;s chairman praises company CEO</title>
<link>http://www.upi.com/NewsTrack/Business/2008/05/08/fords_chairman_praises_company_ceo/7386/</link>
<description><![CDATA[WILMINGTON, Del.,  May 8 (UPI) --  Ford Motor Co. Executive Chairman Bill Ford Jr. praised company Chief Executive Officer Alan Mulally at the annual shareholder meeting, sources said.]]></description>
</item>

<item rdf:about="http://www.upi.com/NewsTrack/Business/2008/05/08/ubs_agrees_to_buy_back_municipal_bonds/8377/">
<title>UBS agrees to buy back municipal bonds</title>
<link>http://www.upi.com/NewsTrack/Business/2008/05/08/ubs_agrees_to_buy_back_municipal_bonds/8377/</link>
<description><![CDATA[BOSTON,  May 8 (UPI) --  UBS Financial Services Inc. has agreed to buy $6.8 million in bonds from Winchester, Mass., as part of a $37 million settlement, officials said.]]></description>
</item>

<item rdf:about="http://www.upi.com/NewsTrack/Business/2008/05/08/wholesale_trade_sales_gained_in_march/5783/">
<title>Wholesale trade sales gained in March</title>
<link>http://www.upi.com/NewsTrack/Business/2008/05/08/wholesale_trade_sales_gained_in_march/5783/</link>
<description><![CDATA[WASHINGTON,  May 8 (UPI) --  Merchant wholesaler trade sales climbed in March, while total inventories declined, the U.S. Census Bureau News said Thursday.]]></description>
</item>

<item rdf:about="http://www.upi.com/NewsTrack/Business/2008/05/08/european_banks_let_lending_rates_stand/5570/">
<title>European banks let lending rates stand</title>
<link>http://www.upi.com/NewsTrack/Business/2008/05/08/european_banks_let_lending_rates_stand/5570/</link>
<description><![CDATA[LONDON,  May 8 (UPI) --  Key banks in Europe decided Thursday to keep their official lending rates unchanged, signaling their concern over inflation rates.]]></description>
</item>

<item rdf:about="http://www.upi.com/NewsTrack/Business/2008/05/08/luxury_market_unscathed_del_vecchio_says/8081/">
<title>Luxury market unscathed, Del Vecchio says</title>
<link>http://www.upi.com/NewsTrack/Business/2008/05/08/luxury_market_unscathed_del_vecchio_says/8081/</link>
<description><![CDATA[MILAN, Italy,  May 8 (UPI) --  Italy's second richest man said the current economic slowdown has had no effect on luxury spending.]]></description>
</item>

<item rdf:about="http://www.upi.com/NewsTrack/Business/2008/05/08/upi_newstrack_business/2600/">
<title>UPI NewsTrack Business</title>
<link>http://www.upi.com/NewsTrack/Business/2008/05/08/upi_newstrack_business/2600/</link>
<description><![CDATA[ U.S. markets bounce up Thursday morning ... Bank of England lets lending rate stand ... BA executive humble on terminal problems ...  Losses cause U.S. shareholders to sue ... News from United Press International.]]></description>
</item>

<item rdf:about="http://www.upi.com/NewsTrack/Business/2008/05/08/drug_ads_scrutinized_by_congress/7726/">
<title>Drug ads scrutinized by Congress</title>
<link>http://www.upi.com/NewsTrack/Business/2008/05/08/drug_ads_scrutinized_by_congress/7726/</link>
<description><![CDATA[WASHINGTON,  May 8 (UPI) --  Drug company television ads have crossed ethical boundaries due to political appointments at the U.S. Food and Drug Administration, a congressman said.]]></description>
</item>

<item rdf:about="http://www.upi.com/NewsTrack/Business/2008/05/08/mortgage_rates_nearly_unchanged_in_week/7009/">
<title>Mortgage rates nearly unchanged in week</title>
<link>http://www.upi.com/NewsTrack/Business/2008/05/08/mortgage_rates_nearly_unchanged_in_week/7009/</link>
<description><![CDATA[WASHINGTON,  May 8 (UPI) --  Interest rates for 30-year, fixed-rate mortgages declined in the United States in the last week, the Federal Home Loan Mortgage Corp. said Thursday.]]></description>
</item>

<item rdf:about="http://www.upi.com/NewsTrack/Business/2008/05/08/initial_us_unemployment_claims_drop/4697/">
<title>Initial U.S. unemployment claims drop</title>
<link>http://www.upi.com/NewsTrack/Business/2008/05/08/initial_us_unemployment_claims_drop/4697/</link>
<description><![CDATA[WASHINGTON,  May 8 (UPI) --  First-time claims for U.S. unemployment insurance declined during the week ending May 3, the U.S. Department of Labor reported Thursday.]]></description>
</item>

<item rdf:about="http://www.upi.com/NewsTrack/Business/2008/05/08/ba_executive_humble_on_terminal_problems/1588/">
<title>BA executive humble on terminal problems</title>
<link>http://www.upi.com/NewsTrack/Business/2008/05/08/ba_executive_humble_on_terminal_problems/1588/</link>
<description><![CDATA[LONDON,  May 8 (UPI) --  British Airways Chief Executive Officer Willie Walsh told a British transportation committee that problems at a new terminal were his responsibility. ]]></description>
</item>

<item rdf:about="http://www.upi.com/NewsTrack/Business/2008/05/08/losses_cause_us_shareholders_to_sue/6132/">
<title>Losses cause U.S. shareholders to sue</title>
<link>http://www.upi.com/NewsTrack/Business/2008/05/08/losses_cause_us_shareholders_to_sue/6132/</link>
<description><![CDATA[WASHINGTON,  May 8 (UPI) --  Shareholders in a rash of U.S. lawsuits claim they were duped by financial firms that have had share values drop on subprime mortgage losses, a source said.]]></description>
</item>

<item rdf:about="http://www.upi.com/NewsTrack/Business/2008/05/07/ford_urges_family_unity_in_kerkorian_bid/3408/">
<title>Ford urges family unity in Kerkorian bid</title>
<link>http://www.upi.com/NewsTrack/Business/2008/05/07/ford_urges_family_unity_in_kerkorian_bid/3408/</link>
<description><![CDATA[DEARBORN, Mich.,  May 7 (UPI) --  Ford Motor Co. Executive Chairman Bill Ford Jr. wants family members to unite against a challenge to family control of the company, a Detroit newspaper said.]]></description>
</item>

<item rdf:about="http://www.upi.com/NewsTrack/Business/2008/05/07/wheat_lower_corn_up_in_chicago_wednesday/9896/">
<title>Wheat lower, corn up in Chicago Wednesday</title>
<link>http://www.upi.com/NewsTrack/Business/2008/05/07/wheat_lower_corn_up_in_chicago_wednesday/9896/</link>
<description><![CDATA[CHICAGO,  May 7 (UPI) --  Yield concerns sent wheat lower and corn higher on the Chicago Board of Trade Wednesday.]]></description>
</item>

<item rdf:about="http://www.upi.com/NewsTrack/Business/2008/05/07/upi_newstrack_business/7242/">
<title>UPI NewsTrack Business</title>
<link>http://www.upi.com/NewsTrack/Business/2008/05/07/upi_newstrack_business/7242/</link>
<description><![CDATA[ U.S. markets tumble hard Wednesday ... Luxury real estate meets market realities ... Gates says Internet still a Microsoft goal ... Healthcare costs tip against U.S. firms ... News from United Press International.]]></description>
</item>

<item rdf:about="http://www.upi.com/NewsTrack/Business/2008/05/07/slovakia_can_join_euro_zone_in_2009/7286/">
<title>Slovakia can join Euro zone in 2009</title>
<link>http://www.upi.com/NewsTrack/Business/2008/05/07/slovakia_can_join_euro_zone_in_2009/7286/</link>
<description><![CDATA[BRATISLAVA, Slovakia,  May 7 (UPI) --  The European Commission Wednesday declared Slovakia's economy is stable enough to adopt the euro as its currency, a commission report said.]]></description>
</item>

<item rdf:about="http://www.upi.com/NewsTrack/Business/2008/05/07/us_markets_tumble_hard_wednesday/5453/">
<title>U.S. markets tumble hard Wednesday</title>
<link>http://www.upi.com/NewsTrack/Business/2008/05/07/us_markets_tumble_hard_wednesday/5453/</link>
<description><![CDATA[NEW YORK,  May 7 (UPI) --  U.S. stock indexes tumbled to the close Wednesday on reports of declines in pending home sales in March and a record price above $123 per barrel for crude oil.]]></description>
</item>

<item rdf:about="http://www.upi.com/NewsTrack/Business/2008/05/07/luxury_real_estate_meets_market_realities/1907/">
<title>Luxury real estate meets market realities</title>
<link>http://www.upi.com/NewsTrack/Business/2008/05/07/luxury_real_estate_meets_market_realities/1907/</link>
<description><![CDATA[FORT LAUDERDALE, Fla.,  May 7 (UPI) --  Many U.S. luxury homes are facing the same fate as foreclosed properties, the sometimes painful reality check of the cash auction, Realtors report.]]></description>
</item>

</rdf:RDF>