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Filibuster Deal Euphoria Short-Lived

WASHINGTON – So much for the era of good feeling in the U.S. Senate. After weeks of fighting, a pact among Republican and Democratic moderates to forestall a meltdown over judicial nominees (search) seemed to hold promise for a new period of cooperation. “I think the good faith and the …

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Trade Deficit Falls Unexpectedly to $55B

WASHINGTON – The U.S. trade deficit (search) narrowed unexpectedly in March to $55 billion, the largest drop in over three years as exports rose to a record and imports from China declined, a government report showed on Wednesday. The 9.2 percent plunge in the deficit defied Wall Street forecasts and …

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Struggling Maytag to Go Private for $1.13B

NEW YORK – Maytag Corp. (MYG), one of the premier brand names in America for nearly a century, but struggling recently with sagging market share and profits, said on Thursday it agreed to be acquired for $1.125 billion by investors led by private equity firm Ripplewood Holdings LLC (search). The …

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