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U.S. small business borrowing growth eases: PayNet

Wednesday, August 31st, 2011

CHICAGO (Reuters) – Small U.S. businesses in July moderated what had been a blistering pace of borrowing, held back by uncertainty over U.S. economic growth and the debt crisis.

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Justice Dept. Sues To Block AT&T’s Acquisition Of T-Mobile

Wednesday, August 31st, 2011

In the department’s view, “the proposed $39 billion transaction would substantially lessen competition for mobile wireless telecommunications services across the United States.”

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UPDATE 2-Greek debt out of control – parliament experts

Wednesday, August 31st, 2011

* Banks tap central bank liquidity

(Adds analyst quote, background, reaction)

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Freemium businesses boom as computing costs fall

Wednesday, August 31st, 2011

SAN FRANCISCO (Reuters) – Start-up companies using “freemium” business models, including Dropbox, SurveyMonkey, Animoto and Eventbrite, are thriving as the cost of computing power and storage falls.

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Exxon In Multibillion-Dollar Russian Arctic Deal

Wednesday, August 31st, 2011

The deal with Russia’s state-owned Rosneft is to develop offshore oil fields in one of the last regions with immense and untapped hydrocarbon deposits. In return, Rosneft gets access to resources in the Gulf of Mexico. Tuesday’s agreement is the largest Russian oil deal in recent years.

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