Read the original here: Berkowitz Gets `Long Leash’ at Fairholme Fund to Pursue General Growth Bid

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Berkowitz Gets `Long Leash’ at Fairholme Fund to Pursue General Growth Bid

See the original post: PG’s McDonald Stakes Growth on Selling Closer Shaves Than a Mumbai Barber

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PG’s McDonald Stakes Growth on Selling Closer Shaves Than a Mumbai Barber

See the rest here: Slim Overtakes Gates, Buffett to Become Forbes Richest Person

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Slim Overtakes Gates, Buffett to Become Forbes Richest Person

Read this article: Chinas Inflation Quickens as Industrial Production Climbs

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Chinas Inflation Quickens as Industrial Production Climbs

Original post: Pimcos El-Erian Says Public Finance Shock May Deepen (Update3)

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Pimcos El-Erian Says Public Finance Shock May Deepen (Update3)

By Matthew Boyle March 11 (Bloomberg) — Salmonella contamination at a Nevada food-flavoring plant may trigger the recall of as many as 10,000 products, according to a Consumers Union scientist.

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Food Recalls From Salmonella May Rise to 10,000 in Industry ‘Wake-Up Call’

By Maria Petrakis and Natalie Weeks March 11 (Bloomberg) — Greece’s unions will shut down hospitals, airports and schools today in the country’s second general strike this year to protest Prime Minister George Papandreou ’s latest round of budget cuts to curb the European Union’s biggest deficit . An air-traffic controllers’ walkout will force the cancellation of flights, including 479 from Athens International Airport , the country’s largest. Bus and subway drivers, doctors, power workers, journalists and teachers will stop work to protest 4.8 billion euros ($6.5 billion) of wage cuts and tax increases that have been praised by investors and the European Union.

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Greeks Brace for Protests, National Strike Over Papandreou’s Budget Cuts

By Oliver Biggadike March 11 (Bloomberg) — The dollar will retain its status as the world’s reserve currency as long as U.S. financial markets are sound and government spending is sustainable, Standard & Poor’s said

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Dollar to Keep Reserve Role If Markets Stay Sound, Standard & Poor’s Says

By Sara Gay Forden March 11 (Bloomberg) — Fiat SpA , the Italian carmaker that helped Chrysler Group LLC emerge from bankruptcy, may wait to turn around the U.S. business before deciding on a share sale or spinoff for its automotive division.

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Fiat May Need to Convince on Chrysler Before Seeking Automotive Unit IPO

By Tim Catts See the rest here: Corporate Bond Spreads at Narrowest This Year Attract GMAC: Credit Markets

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Corporate Bond Spreads at Narrowest This Year Attract GMAC: Credit Markets