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Brooke Astor home auction fetches $18.8M in NYC

September 26, 2012 • BusinessComments Off

FILE – This undated file photo provided by Sotheby’s shows the staircase at Brooke Astor’s Westchester estate, Holly Hill, in Briarcliff Manor, New York. On Sept. 24-25, 2012, Sotheby’s New York will auction some 800 of the late philanthropist’s personal items from her Park Avenue duplex and the stone manor in Westchester. (AP...

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Social media training set after Pa. hostage call

September 26, 2012 • BusinessComments Off

Ronda Thaxton, the mother of Klein Michael Thaxton is escorted by Pittsburgh Police Officer Ray Kain to the command center during the standoff atThree Gateway Center, Friday, Sept. 21, 2012. Klein Michael Thaxton, 22, held a businessman hostage inside the...

Iconic Israeli newspaper on the verge of collapse

September 26, 2012 • BusinessComments Off

In This photo taken on Thursday, Sept. 20, 2012, Israeli journalists and employees of Maariv daily newspaper demonstrate against their dismissals in Tel Aviv, Israel. Throughout much of Israel’s history, the Maariv daily was known as the...

Argentina’s leader rejects IMF criticism of data

September 26, 2012 • BusinessComments Off

Cristina Fernandez, President of Argentina addresses the 67th session of the United Nations General Assembly at U.N. headquarters, Tuesday, Sept. 25, 2012. (AP Photo/Jason DeCrow) UNITED NATIONS (AP) — Argentina’s president on Tuesday rejected the...

Brown OKs state parks funding, prevents closures

September 26, 2012 • BusinessComments Off

FILE — In this Sept. 9, 2009, file photo, Jim Maas, right, and his grandsons, Anthony, 13, center, and Robert, 11, Clevenger, inspect a canon in front of the rebuilt Russian Orthodox church at the Fort Ross Historic State Park, located 80 miles north of...

TiVo settles lawsuit against Verizon for $250.4M

September 25, 2012 • BusinessComments Off

This combination of Associated Press file photos shows a Verizon store on June 12, 2012, left, and the Tivo logo on display at a Best Buy store on March 6, 2007, both in Mountain View, Calif. Verizon will pay Tivo Inc. at least $250.4 million to license its...

Feds order Discover to refund $200M to cardholders

September 25, 2012 • BusinessComments Off

A Discover logo is adhered to a window at the entrance of a shop in Cambridge, Mass., Monday, Sept. 24, 2012. Discover Bank is paying $214 million to settle charges that it pressured credit card customers to buy costly add-on services like payment protection...

Kellogg wants China to wake up to its cereal

September 25, 2012 • BusinessComments Off

FILE- In this July 18, 2012, file photo, Kellogg’s cereal is on display at a grocery market in Pittsburgh. Kellogg is hoping it can finally turn cereal into a breakfast staple in China. The maker of Frosted Flakes, Pop-Tarts and Eggo waffles announced...

Ex-president of Japan’s Olympus pleads guilty

September 25, 2012 • BusinessComments Off

Olympus Corp.’s former President Tsuyoshi Kikukawa arrives at Tokyo District Court in Tokyo Tuesday, Sept. 25, 2012. Kikukawa admitted guilt Tuesday in a cover-up scandal of massive investment losses at the major Japanese camera and medical equipment...

Seattle City Council approves new arena deal

September 25, 2012 • BusinessComments Off

FILE – In this Wednesday, May 16, 2012 file photo, investor Chris Hansen, center, is flanked by Seattle Mayor Mike McGinn, left, and King County Executive Dow Constantine during a news conference, in Seattle. The Seattle City Council is expected to...