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Trading Resumes In New York After Sandy

Wednesday, October 31st, 2012

The New York Stock Exchange had been closed for two days because of Hurricane Sandy. New York Mayor Michael Bloomberg ran the opening bell Wednesday. The exchange is running on backup generators since power is out in large parts of lower Manhattan.

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North Korean bootmakers want to score with Messi

Wednesday, October 31st, 2012

DANDONG, China (Reuters) – Top soccer-boot maker Adidas probably shouldn’t be worrying just yet but a rare venture that marries South Korean money with North Korean labour in the Chinese city of…

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The Force Is Strong With This One: Disney Buys Lucasfilm For $4B

Wednesday, October 31st, 2012

The studio announced it would continue the Star Wars movie franchise with a seventh film due to be released in 2015, and others to follow. Disney also owns Marvel, which it bought for $4 billion in 2009.

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New York Stock Exchange To Reopen Wednesday

Tuesday, October 30th, 2012

The New York Stock Exchange will reopen for regular trading after being shut down for two days because of Hurricane Sandy. The exchange said its building and trading floor are fully operational. It was the first time since 1888 that the NYSE remained closed for two consecutive days due to weather.

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Two Top Execs Out At Apple

Tuesday, October 30th, 2012

John Browett, the head of Apple’s store operations, is leaving after just six months on the job. Scott Forstall, who’s been at the company since 1997 and is seen as one of OS X’s original architects, will leave next year. In the interim, he will serve as an adviser to CEO Tim Cook.

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