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In T-Mobile suit, consumers are key

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The Justice Department is blocking a merger between T-Mobile and AT&T, saying it places too much competitive pressure on the cell phone market, reports the New York Times. Blocking the merger will spur innovation and create lower prices for consumers, according to the Justice Department. Read more at the New York Times.

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Banks agree to deal on mortgage practices

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The nation’s largest banks have signed agreements that will end some of the most controversial mortgage practices, according to the Wall Street Journal. Under the agreement, robo-signing  – automatic signing of foreclosure documents – is ending, and banks agreed to comb through paperwork to make sure no mortgages were mishandled. To read more, visit the… Continue Reading Banks agree to deal on mortgage practices

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Thousands of students nationwide are now studying homeland security and other topics that didn’t exist a decade ago, reports the Los Angeles Times. For those students, studying topics for courses created after the Sept. 11 terrorist attacks, getting a job is easier than in traditional courses. Read more at the Los Angeles Times.

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Infighting plagues bid to legalize marijuana

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The Denver Post reports that the movement to partially legalize marijuana has hit some snags in the form of other groups wanting to legalize marijuana. The group has collected 35,000 signatures, but meetings to organize have been targeted by activists who believe the suggested ballot initiative doesn’t go far enough. Read more at the Denver… Continue Reading Infighting plagues bid to legalize marijuana

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Dow ends month lower; Colo. stocks up

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The Dow Jones ended 53 points higher yesterday, but was lower for the month of August, according to the Denver Business Journal. In Colorado, Evergreen Energy and Delta Petroleum led active trading. Read more at The Denver Business Journal.

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DU Study: Colo. faces hard choices

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Colorado either has to raise billions in taxes or cut the same amount in services, according to a University of Denver study. The Denver Business Journal says the report by the University’s Center for Colorado’s Economic Future was requested last year by the General Assembly. The study says the state will need to raise $3.5… Continue Reading DU Study: Colo. faces hard choices

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U.S. probes Oracle’s dealings abroad

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The United States is investigating whether Oracle violated federal anti-bribery laws in some of its business dealings overseas, according to the Wall Street Journal. Agents with the FBI and criminal investigators in the Justice Department are taking part in the probe, which has been underway for a year. The Securities and Exchange Commission is also… Continue Reading U.S. probes Oracle’s dealings abroad

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H-P to continue manufacturing IPad rival

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Hewlett Packard announced that it will temporarily continue manufacturing the NotePad, its answer to Apple’s IPad – just days after deciding to end the program completely, reports the Wall Street Journal. The NotePad’s resurrection comes after they flew off the shelves, selling at $100 each – a loss of more than $200 for the manufacturer.… Continue Reading H-P to continue manufacturing IPad rival

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Charities see smaller Wall Street donations

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Wall Streets leaders have cut back their philanthropic donations by as much as 60 percent in the wake of the financial crisis, reports the New York Times. While Wall Street has slowly recovered from the recession, their charitable giving hasn’t returned to pre-recession levels, leaving charities scrambling to replace the $2.1 billion normally given annually… Continue Reading Charities see smaller Wall Street donations

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Two years after expanding Medicaid, the state is scaling back the program, citing soaring costs and the number of people now eligible for the state-run insurance program. The Denver Post is reporting that the state implemented a hospital fee to generate matching funds from the federal government to fund the expansion, but the costs were… Continue Reading Colorado scaling back Medicaid

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