Australia's Oil Search Expects Papua New Guinea Expansion

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A partner in Exxon Mobil's natural-gas project in Papua New Guinea said it is confident that enough new gas will be found in the country to justify a significant expansion of its processing facilities there.

Behind the Scenes of Citigroup's $7 Billion Settlement

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The arrest of a suspected Middle Eastern terrorist may have spared Citigroup a damaging lawsuit by the U.S. government over soured mortgage securities.

Aecom to Make $4 Billion Purchase

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URS said it would be acquired by Aecom Technology, a fellow engineering-services company, in a $4 billion deal.

Investigators Probe Swiss Broker's Ways of Luring Libyan Business

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U.S. and U.K. investigators who are examining how Western investment firms won business in Gadhafi's Libya are looking at Tradition Financial Services and parties that it held for Libyan officials in Marrakesh.

Bond Insurer Takes On Detroit

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Syncora Guarantee, with about $450 million at stake, has been Detroit's most persistent adversary in its bankruptcy case, challenging the city's access to casino-tax revenue, new borrowing to repair streetlights and the pact with two major banks.

Regulators, Traders Are Out of Sync

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U.S. and U.K. regulators are tightening rules to impose stricter time-keeping standards on broker-dealers and exchanges, as use of high-speed computers hinders their ability to know precisely when buyers and sellers of stocks are matched up.

GE Leads Caterpillar in Rail Race

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Caterpillar is far behind GE in the race to offer a railroad locomotive that complies with stricter emission standards that take effect next year.

Elite Law Firms Reign as Deals Blossom

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This year's megadeal-driven boom in mergers and acquisitions has largely benefited a small group of elite law firms.

That First Required IRA Distribution

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It can be as late as April 1 after the year you turn 70½.

A Few Parting Words From Al Lewis

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His criticism of capitalism doesn't make him anticapitalist.

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