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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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ITC Decision: Kodak ’218 Patent is Invalid In Case Against RIM

Category : Stocks, World News

IRVING, TEXAS–(Marketwire – July 20, 2012) - Research In Motion Limited (RIM) (NASDAQ:RIMM)(TSX:RIM), a world leader in the mobile communications market, today learned that the U.S. International Trade Commission (ITC) has terminated its investigation after making a determination in favor of RIM that the only asserted claim of Kodak’s U.S. Patent No. 6,292,218 for electronic cameras (Kodak’s ’218 patent) is invalid.

Read the rest here: ITC Decision: Kodak ’218 Patent is Invalid In Case Against RIM

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Mets Settle Madoff Suit for $162 Million

Category : Business, Stocks

NEW YORK (TheStreet) — Owners of the New York Mets will pay $162 million to the liquidator of Bernard Madoff’s Ponzi scheme, settling a lawsuit filed on behalf of investors who lost an estimated $20 billion.

The settlement, which took place on Friday, was announced Monday as the Mets owners Fred Wilpon and Saul Katz were set to start trial against Madoff’s trustee Irving Picard, who is seeking to recover funds from the Ponzi scheme to repay investors.

The Mets owners wash their hands of the biggest Ponzi scheme in history for $162 million.

U.S. District Judge Jed Rakoff, who was set to preside on the trial, announced the Mar. 16 settlement in a Manhattan court.

Read this article: Mets Settle Madoff Suit for $162 Million

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