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How Lehman lost its way
How Lehman lost its way
Jul 3: The venerable Wall Street firm once looked like it would escaped the worst of the credit crisis. Now there's talk of a Bear Stearns-like collapse - or a sale. more
Banks: Everything must go!
7:20am: Financial firms may look to sell assets to get their balance sheets in shape. But finding buyers won't be easy. more
American Airlines to cut 8% of staff
Jul 3: The airline plans to cut nearly 7,000 jobs to offset the pain of rising fuel prices, on top of previously announced capacity reductions. more
Starbucks: More pain ahead
Jul 2: The brand is approaching 'saturation' in some markets and further store closures may be necessary as consumers shun high-end coffee.  more
Ex-Refco CEO gets 16 years
Jul 3: Bankrupt brokerage's former chief sentenced after pleading guilty to securities fraud. more
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Green BizU.S. companies are racing to reduce their carbon footprints and adopt 'greener' business practices. Here's a look at environmental news and other sustainability issues that affect global business. more
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