PRESS DIGEST - Washington Post Business - May 30

Thu May 29, 2008 11:45pm EDT
 
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WASHINGTON, May 29 (Reuters) - The Washington Post included the following items on the front page of its business section on May 30.

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During continued volatility in oil prices, federal regulators said they had been investigating crude oil trading, storage and transportation for the past six months with a focus on possible "futures market manipulation."

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A Russian space hardware manufacturer is now the majority owner of International Launch Services, a McLean, Virginia-based company formed 15 years ago to help market and manage commercial rocket launches for the Russian firm.

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DETROIT - General Motors Corp said about 19,000 U.S. factory workers had taken buyout offers to leave the automaker.

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