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Amazon Offers Other Sites Use of Its Payment Service The Seattle-based online retailer unveiled a new payment service that it will offer other online retailers to use on their Web sites.

After Delay, KKR Finds a Way to Go Public The plan would value the storied private equity firm at $12 billion to $15 billion and is part of a complex deal in which it will buy its publicly traded affiliate, KKR Private Equity Investors.
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More Subscribers Boost Netflix Results Netflix says its profit rose 4 percent, helped by an increase in subscriptions and the introduction of a device that allows customers to stream video directly to their TVs.

Vodafone Cuts Revenue Forecast Vodafone, the world?s largest cellphone operator, said it was cutting its revenue forecast for the year to around $79.6 billion, the lower end of its previous estimate.

Indecency Penalty Against CBS Is Rejected A federal appeals court overturned a decision to fine CBS stations $550,000 for broadcasting a brief breast flash by Janet Jackson during the 2004 Super Bowl broadcast.

Work Out Problems With Lenders? Try to Find Them Today?s lenders often sell the loans they make to investors, making it nearly impossible for homeowners to discover whom they should contact about a delinquency.

Starbucks to Close 10 Stores In New York by Mid-2009 Starbucks said that 10 of the 600 coffee shops it planned to shut by mid-2009 would be in New York City, which would leave New Yorkers with 225 Starbucks to choose from.
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E*Trade Sells Canadian Unit for $442 Million The Bank of Nova Scotia agreed to buy the Canadian operations of the online brokerage E*Trade Financial Group for $442 million.

Business Briefing | Deals: Ashland Announces Deal to Acquire Chemicals Maker Ashland said on Friday that it would buy the specialty chemicals maker Hercules in a $2.6 billion cash-and-stock deal that also includes a hefty debt load.

Google Introduces a Cartoonlike Method for Talking in Chat Rooms Google?s new online tool allows people to embody a cartoonish online avatar and have text-based conversations with other Internet users in virtual chat rooms.