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Sheriff Israel asks for $93.7 million more, 14% increase
UPDATED with information from BSO The first details of the new Broward County sheriff's budget have emerged: He's asking for a $93.7 million increase in spending, or 14 percent more than was approved last year. To put the number into context, it's...Tags: Health Insurance, Fort Lauderdale, Career and Workplace, Labor Legislation, Interior Policy
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Yahoo buys Tumblr in $1.1 billion deal
ReutersYahoo Inc. said Monday it will buy online blogging service Tumblr for $1.1 billion in cash. The deal is the largest since Yahoo Chief Executive Marissa Mayer took the reins in July in order to reverse a multi-year decline in Yahoo's business and its Web...Tags: Yahoo! Inc., Economy, Business and Finance, Media Industry, Social Media, Google Inc.
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Palm Beach County advised to pad savings, pay debt
Just like homeowners who survived The Great Recession, Palm Beach County government needs to pay down more debt and curtail future spending amid the economic rebound, according to Clerk and Comptroller Sharon Bock. In Bock's annual review of county...
Tags: Economy, Business and Finance, Palm Beach County
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Gulf wealth funds raising private equity investments: study
ReutersDUBAI (Reuters) - Sovereign wealth funds in the Gulf Arab region are raising their allocations to private equity investments at a faster rate than other types of investment, U.S. fund manager Invesco says in a new study. "Contrary to popular...Tags: Economy, Business and Finance, Abu Dhabi (United Arab Emirates), Citigroup Incorporated, Realty, Employment Opportunities
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RPT-REUTERS SUMMIT-No change of heart on Brazil stocks despite big inflows
Reuters(Repeats with no changes to text) By Krista Hughes and Walter Brandimarte MEXICO CITY/RIO DE JANEIRO, May 19 (Reuters) - Foreign investors flocked back to Brazil in early 2013, prompting the strongest stock market inflows in more than two years, but...Tags: Earnings, Thomson Corporation, Personal Finance, S&P 500, Religion and Belief
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RPT-ANALYSIS-High speed trading a stiff challenge for U.S. regulators
Reuters(Repeats with no changes) * High frequency trading (HFT) in crosshairs * CFTC passes disruptive trading guideline * Academic views mixed on effects of HFT By Christine Stebbins CHICAGO, May 19 (Reuters) - Financial trading in world markets has...Tags: Media Industry, Personal Finance, Science and Technology, Dow Jones Industrial Average, Financial Markets
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Blackstone, Pactera insiders make $680 million offer
Reuters(Reuters) - Pactera Technology International Ltd said on Monday that Blackstone Group LP , together with the company's management, made a $680.3 million non-binding proposal to take China's largest technology outsourcing firm private. Pactera said it...Tags: Mergers, Acquisitions and Takeovers, Science and Technology, Thomson Corporation, Citigroup Incorporated, Morgan Stanley Dean Witter & Company
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EU law key to ending "too big to fail" banks - BoE's Tucker
ReutersBy Huw Jones and Claire Davenport LONDON/STRASBOURG, France, May 20 (Reuters) - A European Union law up for a vote on Monday will only fully shield taxpayers from bailing out troubled banks if there is a global framework as well, a top UK regulator...Tags: Marketing, Economy, Business and Finance, France, Elections, Crime, Law and Justice
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Softbank planning 400 bln yen bond sale - Nikkei
ReutersMay 21 (Reuters) - Softbank Corp is seeking to raise about 400 billion yen ($3.90 billion) through a sale of retail bonds to finance its bid for No.3 U.S. mobile phone carrier Sprint Nextel Corp, the Nikkei reported. The proceeds from the offering, which...Tags: Economy, Business and Finance, Sprint Nextel Corporation, Nomura Securities Company Limited
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Atkins named King William Essex Bank manager
Essex Bank is proud to announce the appointment of Ashley Sines Atkins as branch officer at the bank's King William Office. A resident of King Williams County, Ms. Atkins is a graduate of Longwood University, earning a Bachelor of Arts degree in...
Tags: Economy, Business and Finance, Essex (Baltimore, Maryland), Media Industry, Banking, Federal Deposit Insurance Corporation
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REUTERS SUMMIT-Brazil needs reforms, even if unpopular -Cardoso
Reuters(For other news from Reuters Latin America Investment Summit, click on http://www.reuters.com/summit/LatinAmericanInvestment12) By Brian Winter SAO PAULO, May 20 (Reuters) - Brazil's government needs to worry less about its high approval ratings and...Tags: Dilma Rousseff, Labor Legislation, Career and Workplace, Economy, Business and Finance, Productivity
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U.S. RESEARCH ROUNDUP: Bank of America, BlackRock, Google
ReutersMay 20 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Bank of America and BlackRock, on Monday. HIGHLIGHTS * Bank of America Corp : KBW cuts to market perform from outperform *...Tags: Renasant Corporation, Abbott Laboratories, GameStop Corp., Denbury Resources Incorporated, Expedia Incorporated
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