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Wal-Mart is among the strongest retailers in the United States, with a message of rock-bottom prices at a time when consumers are pinching pennies.
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Wal-Mart announced this morning that the head of its international division will take over as chief executive of the world's largest retailer after the holiday season.
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Wal-Mart, the world's largest retailer, surprised investors with the announcement that Lee Scott, chief executive since 2000, would retire in February as the retailer flourishes amid the broad economic downturn
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Wal-Mart made the surprise announcement yesterday that Mike Duke, the head of its international division, will replace H. Lee Scott Jr. as chief executive of the world's largest retailer next year as its foreign business continues to grow rapidly in scale and importance.
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Shaun Donovan, New York City’s housing commissioner, is Barack Obama’s choice to be secretary of housing.
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The choice of Leon E. Panetta, a former White House chief of staff, to head the intelligence agency raised questions about his relevant experience.
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The choice of Leon E. Panetta, a former White House chief of staff, to head the intelligence agency raised questions about his relevant experience.
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Bank of America has named Dan Sontag to head Merrill Lynch Global Wealth Management, its retail brokerage unit, according to an internal memo. Mr. Sontag will fill a spot being vacated by Bob McCann, who is leaving less than a week after the bank completed its acquisition of the securities firm. Mr. Sontag was previously head of [...]
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Items reported taken had a total value of slightly more than $1,000
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A memorandum said that the position of chief of police had been eliminated to streamline “command and control” and to make one person accountable: the superintendent of the police force.
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Scheffer said Georgia and Ukraine were not yet ready for Nato membership
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The boss of the Irish firm that makes Magners cider, C&steps down as the firm announces a slide in revenues.
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The next Metropolitan Police commissioner will not be from overseas, the home secretary has said.
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A chief constable denies claims that locking up 35 persistent offenders will cure crime in Northamptonshire.
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Maurice Pratt is quitting as chief executive of C&C Group, after the makers of Magners cider warned of a 'material drop' in profits and slashed its dividend.
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The political and military situation in northern Cabinda province is stable, said Wednesday in Luanda the chief of Staff of the Angola Armed Forces (FAA), gen. Francisco Furtado.
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The urgent creation of a military industry in Angola has been recommended by a study carried out in the county.
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The top United Nations peacekeeping official met today with leading officials of the regional government of Southern Sudan as part of his week-long familiarization tour of Africa's largest country where the world body currently fields two peacekeeping missions.
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Oct 9 - Coordinated policy action hopes to boost markets, investors and citizens as global recession looms.
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The town council in Stellarton has decided to get rid of its police chief after six public complaints were filed against him.
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The New York Times Company has hired "internet professional" Joseph Seibert, formerly an executive at Marc Ecko. Mr. Seibert will become the company's new chief information officer. He's been its COO since 2006 so he presumably had a role in the Air Force One ad campaign that ad guru Andrew Essex described this way: "As a result of this, Mark Ecko no longer advertises in GQ and Details, my former publications. ... If advertisers can turn themselves into news and content, what is the role of a magazine?" (And what does that mean for the future of the Times' content?) Anyway, Mr. Seibert will replace David Thurm, who has been promoted to a new position called senior vice president, operations, which will oversee outside printing, New York production and building operations. read more »
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Mayor of London Boris Johnson threatened to tell the media he had no confidence in Metropolitan Police Commissioner Sir Ian Blair unless he resigned, a government minister said yesterday.
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The chairman of the Joint Chiefs of Staff said that the dire situation would probably worsen next year.
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Members of the Church in Wales have named Andrew John as its choice to become the new Bishop of Bangor.
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Bush signed an executive order creating a "Presidential Transition Coordinating Council" comprising key national security and economic policy aides to help whomever succeeds him "hit the ground running."
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DETROIT (Reuters) - Ford Motor Co said on Friday that Chief Financial Officer Don Leclair will retire effective November 1 and be replaced by the executive credited with leading the turnaround of its European operations.
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Consumers made a ruckus when MSN, Yahoo, and Walmart.com threatened to stop issuing DRM keys for their music. Each reversed itself. Take a bow.
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The 82-year-old garnered new attention with her recent stint on 'Dancing with the Stars.' Academy Award-winning actress Cloris Leachman will serve as the grand marshal of the 2009 Tournament of Roses Parade, officials announced today.
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Financial markets are entering a "crisis of confidence" and governments may need to take steps including guaranteeing interbank borrowing to stop the meltdown, the head of the International Monetary Fund said Friday.
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The Ford Motor Company, which faces questions about its viability as sales decline, announced Friday that its chief financial officer, Don Leclair, would retire and be replaced by the head of its European division. Ford said Mr. Leclair, 56, would retire on Nov. 1. He has worked for the company for 32 years and assumed his [...]
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Reports out say the retail heavyweight will maintain digital rights management servers for the near future.
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A man known by Anderson police for resisting arrest, urinating in a patrol car, public intoxication and violating trespass orders has chosen a new venue, illustrated by Thursday’s arrest for assaulting a Wal-Mart employee in Anderson County
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Wal-Mart officials detained a 19-year-old Anderson woman after their attention was directed to the woman’s bulging shirt
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Last year, when the credit crunch had barely picked up speed, Chancellor Alistair Darling, said we needed a return to "old fashioned" banking. The response was a mixture of derision and laughter from the City.
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BAIKONUR, Kazakhstan (AP) -- The ongoing global economic turmoil and increasingly strained ties between Moscow and Washington will not stand in the way of further space exploration, Russia's space agency chief said Saturday....
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CHICAGO (AP) -- Chicago's police superintendent is denying a news report that officers in his command are working the streets less aggressively out of fear of being second-guessed by him....
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NBA commissioner David Stern says his organisation will help Great Britain secure a place in the 2012 Olympics.
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Oct 12, Colombo: Sri Lanka's Chief Justice Sarath Nanda Silva denied reports that he is getting ready to contest a future presidential election as a common candidate.
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A President not implementing tasks specified for him by the constitution amounts to violation of con..
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Tavish Scott has made his first Scottish party conference speech as Liberal Democrat leader, calling for the Scottish Parliament to use its tax varying powers for the first time.