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Best Buy plans to get small as sales fall
NEW YORK -- Weak demand for pricey flat-screen TVs and notebook computers helped push Best Buy Co.'s fourth-quarter net income down 16 percent.

Business Highlights
-- --- Home sales fell 9.6 pct. in February WASHINGTON (AP) - Fewer Americans bought previously occupied homes in February and those who did purchased them at steep discounts. The weak sales and rise in foreclosures pushed home prices down to their lowest level in nearly nine years.

Value Added: Creating a conveyor belt for renovation
Anthony Lanier built an assembly line of engineers, architects, historical preservation specialists, zoning lawyers and construction firms who could pump out renovated buildings one after another.

Economic aftershocks of Japan quake roil Asia
-- Economic aftershocks of the devastation in Japan are rolling through Asia. It is here, among Japan's neighbors, that the reverberations of the catastrophe are being felt hardest.


SEC accuses IBM of misconduct in providing gifts to Korea...
The Securities and Exchange Commission accused IBM on Friday of bribing government officials in South Korea with cash payments and free computers.

SEC sues IBM over alleged bribes
SAN FRANCISCO -- IBM Corp. has agreed to pay $10 million to settle allegations that it bribed South Korean and Chinese government officials for more than a decade to win contracts.

Business Highlights
-- --- Investors cheer dividend increases at large banks

Experts: No radiation worry for West Coast
LOS ANGELES -- The U.S. government and scientists insist that there's no threat of radiation from Japan endangering people on the West Coast - but that hasn't stopped roughly 1,000 worried Californians from flooding a state hotline.


Japan disaster another worry for global economy
-- Japan's earthquake and nuclear crisis have put pressure on the already fragile global economy, squeezed supplies of goods from computer chips to auto parts and raised fears of higher interest rates.

U.S. Stocks Drop as S&P 500 Falls to Lowest Level Sin...
General Electric Co., which is in talks to sell reactors to India, fell 2.5 percent. Alcoa Inc. and Anadarko Petroleum Corp. slumped at least 1.4 percent as commodity prices fell amid speculation demand will slow. Intel Corp. dropped 3.1 percent after Nomura Holdings Inc. cut its recommendation for...

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