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Latest Business News

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  Slim's the fattest cat

  Mexico's Carlos Slim is the world's richest man -- the first non-American to hold the top spot in 16 years. Slim, who's also the largest individual shareholder of The New York Times, has amassed a $53.5 billion fortune in telecom,...   4:20 AM
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  Barclays Center looks to poach MSG events

  Brooklyn's new Nets arena is hustling to fill seats before it has even broken ground. Enlisting the help of sports and entertainment marketing powerhouse IMG, the $800 million Barclays Center is gearing up for a rivalry with storied Madison...   4:20 AM
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  Fall guy at EMI

  Elio Leoni-Sceti's sudden decision to quit as EMI CEO was driven partly by a lack of support for his strategic plan for the label and his not wanting to be the fall guy should that plan fail to deliver, sources told The Post. According to two...   4:20 AM
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  Two 'Material Girls'

  Look out, Ralph and David Lauren -- there's a new parent-child fashion team about to walk the runway. The father-son team behind Polo Ralph Lauren will now be joined by Madonna and her 13-year-old daughter Lourdes, who yesterday announced they...   4:20 AM

• New York, New Yorker on top

  New York magazine and The New Yorker dominated this year's nominations for the National Magazine Awards with 10 apiece, followed by National Geographic...   1:18 AM

• US is pulling outta autos

  Uncle Sam may finally be getting out of the car business. The government's former car czar, Steven Rattner, said yesterday that the US Treasury,...   4:20 AM

• The Donald in casino court row

  Trump Entertainment Resorts, the bankrupt casino company pursued by two sets of competing billionaires, needs a new, court-approved loan to remain open...   4:20 AM
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  Google & China talk

  Google Inc., in talks with China after threatening to stop censoring Internet search results there, said the discussions will yield results soon. "We decided not to publicize our dealings with China," CEO Eric Schmidt said yesterday at a media...   4:20 AM

• Britain's debt crisis

  Government debt is growing, as is the deficit. The economy is struggling to get out of recession and there is talk of spending cuts or higher taxes....   4:20 AM

• Business briefs

  National debt The US government posted its largest-ever monthly deficit in Feb ruary at $221 billion, with the year-to-date deficit up 10 percent...   1:10 AM
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  Marts ran with bulls for historic rebound

  It was the year of the bull, as the stock market staged one of the most spectacular comebacks ever recorded. Just 12 months ago, America's blue chips had bottomed to as little as $1 a share. Nest-egg investors dreaded peeking at their statements...  
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  Internet hustlers go after Madoff victims

  Talk about adding insult to injury. After being bilked out of $65 billion by Ponzi mastermind Bernard Madoff, his victims suffered a second indignity this week when a Nigerian Internet scam sought to steal their personal information with...  
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  Cable cos. eye fix to retran fees

  A coalition of cable and satellite companies will go to the Federal Communications Commission to create a new process to resolve bitter disputes over carriage fees paid to broadcasters. The group, which is led by Time Warner Cable and includes...