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PRESS DIGEST - Washington Post Business - March 28

Tue Mar 27, 2007 11:40pm EDT

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WASHINGTON, March 28 (Reuters) - The Washington Post included the following items on the front page of its business section on March 28. Reuters has not verified these stories and does not vouch for their accuracy.

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ITT Corp (ITT.N) agreed to plead guilty to illegally exporting night-vision technology to China and other countries and pay a $100 million fine, the Justice Department said.

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DETROIT - United Auto Workers President Ronald Gettelfinger warned U.S. automakers not to push too hard in contract talks this year or risk confronting a union prepared for a fight.

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The Federal Reserve, accused last week of failing to head off a crisis in home mortgages, said that it is studying whether to write new rules against predatory lending.

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For thousands of investors and executives at publicly traded companies, Conrad Hewitt, the chief accounting guru at the Securities and Exchange Commission, may be one of the most important Washington civil servants they've never heard of.

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