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Argentine Congress easily approves YPF takeover

May 4, 2012 • BusinessComments Off

Government supporters demonstrate in front of the Congress as lawmakers debate the YPF bill in Buenos Aires, Argentina, Thursday, May 3, 2012. The lower house of Argentina’s congress seemed certain to give the force of law to what Argentine President Cristina Fernandez surprisingly decreed two weeks earlier: the expropriation of Repsol’s $10.5...

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Model, French magnate in NY child support duel

May 4, 2012 • BusinessComments Off

Supermodel Linda Evangelista leaves Manhattan Family Court Thursday, May 3, 2012, in New York. Evangelista is demanding that ex-boyfriend Francois-Henri Pinault pay child support for their 5-year-old son. (AP Photo/Frank Franklin II) NEW YORK (AP) — She has...

Hawker Beechcraft files for bankruptcy protection

May 4, 2012 • BusinessComments Off

This Oct. 18, 2010 photo shows the Hawker Beechcraft plant in Wichita, Kansas. The aircraft maker filed for bankruptcy protection Thursday, May 3, 2012 after reaching agreement with the majority of its secured lenders and bondholders to restructure its...

Feds to put up $1.9B for Oregon health overhaul

May 4, 2012 • BusinessComments Off

FILE – In this Feb. 23, 2012, file photo, Family nurse practitioner Terrance James examines Kamiyan Cooper, 1, as his mother Kesha Wilson looks on, at the Multnomah County’s Mid County Health Center Thursday, in Portland, Ore. The Obama...

TV’s double vision, when 1 screen isn’t enough

May 4, 2012 • BusinessComments Off

Kerry Washington from the ABC’s “Scandal,” is shown on a TV monitor as an iPad displays the show page on the Yap.tv social media website in New York, Wednesday, May 2, 2012. TV viewing is increasingly expanding to a second screen_whether...

MasterCard profit up 25 percent on overseas gains

May 3, 2012 • BusinessComments Off

FILE- This Sept. 21, 2011, file photo. shows a MasterCard sign on a revolving door in New York. MasterCard said Wednesday, May 2, 2012, its first-quarter profit rose 25 percent on a big spike in card use overseas. Its net income was $682 million, or $5.36 per...

A look at record art auction prices

May 3, 2012 • BusinessComments Off

FILE – This undated photo provided by Sotheby’s shows “Dora Maar au Chat,” by Pablo Picasso. The 1941 painting, which sold in May 2006 for $95,216,000 is one of eight works that have sold for $80 million or more at auction. When Edvard...

Congressional hearing in Denver tackles fracking

May 3, 2012 • BusinessComments Off

Committee member Rep. Rush Holt, D-N.J., listens to testimony before a Subcommittee on Energy and Mineral Resources on proposed nationwide drilling rules on hydraulic fracturing at the Capitol in Denver on Wednesday, May 2, 2012. (AP Photo/Ed Andrieski)...

UPMC, Highmark announce contract extension to 2015

May 3, 2012 • BusinessComments Off

Gov. Tom Corbett announces an agreement between the University of Pittsburgh Medical Center and insurer Highmark Inc. to extend in-network coverage for about 2.5 million western Pennsylvania health insurance customers during a Capitol news conference,...

Wyoming tourism director anticipates good summer

May 3, 2012 • BusinessComments Off

This undated image provided by the Wyoming Office of Tourism depicts one of the advertisements that the state of Wyoming is running in magazines around the country to entice travelers to spend their summer vacation in the state this year. The state tourism...