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Time Warner, AT&T shares fall with concerns over deal clearance

Wall Street signaled skepticism on Monday that AT&T Inc would secure the government approvals needed to carry out its planned $85.4 billion acquisition of Time Warner Inc, with shares of both companies falling as analysts scrutinized the deal. | Video

Monday biz blues

Recent Business News

Toyota again leads U.S. auto reliability survey, Buick surprises

DETROIT Two Toyota Motor Corp brands again led the annual reliability survey from Consumer Reports magazine, and General Motors Co's Buick was the first American brand in at least 35 years to crack the top three, the consumer magazine said on Monday.

2:50pm EDT

Oil down as Iraq says no cuts; Wall Street, Cushing draw limit loss

NEW YORK Oil prices fell on Monday after Iraq said it wanted to be exempt from an OPEC production cut, though prices drew some support from a rally in Wall Street shares and a draw in crude inventories at the U.S. storage hub of Cushing, Oklahoma.

12:18pm EDT

SEC, 'Diva of Distressed' Tilton face off in fraud trial

NEW YORK A lawyer for financier Lynn Tilton on Monday blasted U.S. Securities and Exchange Commission charges that she defrauded investors in three debt funds as "ludicrous," as the agency sought to bar her from the financial industry.

5:28pm EDT

Nordstrom to hire fewer temporary employees for holiday season

Department store operator Nordstrom Inc said it would hire about 11,400 temporary employees for the holiday shopping season, about 3 percent fewer than last year.

5:36pm EDT

TD Ameritrade faces scrutiny over Scottrade purchase

TD Ameritrade has agreed to buy Scottrade for $2.7 billion in a deal that would bring together two of the biggest U.S. discount brokerages, but is expected to face scrutiny from regulators. | Video

3:16pm EDT


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