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U.S. new home sales dive to eight-month low in March

WASHINGTON - Sales of new U.S. single-family homes tumbled to their lowest level in eight months in March, dealing a setback to the housing market recovery.

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Boeing posts higher adjusted profit, raises 2014 forecast

- Rising jet production helped Boeing Co post a 14 percent rise in adjusted net profit in the first quarter, beating estimates, and the company notched up its full-year forecast. | Video

12:05pm EDT

Telekom Austria proves slippery target for Slim

VIENNA - Tycoon Carlos Slim stumbled in his bid for control of Telekom Austria on Wednesday, as a meeting designed to rubber-stamp a co-ownership deal with the Austrian government was boycotted by labor representatives unhappy with the proposal.

1:09pm EDT

HBO strikes deal with Amazon to stream shows

- Amazon will begin streaming some HBO shows to its premium customers next month, the companies said on Wednesday, in a move that could lure subscribers away from Netflix Inc, a company they both compete with.

Special Report: For private deals, no one is watching the watchdogs

OMAHA, Nebraska - From 2006 to 2009, Provident Asset Management raised $485 million from 7,700 investors who were drawn to its promises of annual returns as high as 18 percent on oil and gas assets. Law firm Mick & Associates helped. Provident paid Mick to provide "due diligence" reports to help brokers decide whether to recommend the investments to their clients.

1:11pm EDT

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