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• Reuters Business

  • Medici lawyer says Kohn didn't get Madoff payments
    NEW YORK/VIENNA (Reuters) - Austrian fund manager Sonja Kohn did not receive any kickbacks from Bernard Madoff to steer Bank Medici customer funds to the swindler's investment business, a Medici lawyer said on Friday.
  • Teck to sell 17 percent stake to China for C$1.7 billion
    TORONTO (Reuters) - Canada's Teck Resources said on Friday it will sell a 17.2 percent equity stake to state-owned China Investment Corp in a deal that will help Teck pay down debt while expanding China's portfolio of commodity investments.
  • Earnings to set tone for stocks in week ahead
    NEW YORK (Reuters) - With Wall Street stuck in a range since May, the start of second-quarter earnings season next week could prove to be a decisive factor for determining how much faith investors should have in an economic recovery.

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• Market Watch

  • Alaska Gov. Sarah Palin stepping down
    Little more than halfway into her first term as governor, Palin says she not only wouldn’t be seeking re-election, but that she would be stepping down and handing over the reins of office.
  • ETF Investing: Gasoline ETF may ease pain at the pump
    Families who pack up the car this Fourth of July weekend will spend much less on gasoline than last year -- prices are down by more than a third from last summer. But when it comes to fueling your investment portfolio, a specialized exchange-traded fund may hedge against unwelcome oil-price spikes.
  • Chuck Jaffe: Jackson memorabilia buyers are lost in Neverland
    Prices for all things Michael Jackson, from albums and tour posters to commemorative coins and more, popped and have shown few signs of coming back to earth. But they will -- which is why purchasing Jackson goodies now is the Stupid Investment of the Week.
  • Europe Markets: Utilities drag Europe lower; British Air climbs
    European shares edged lower on Friday with U.S. equity markets closed for a holiday, with utilities and metals producers dragging lower.
  • London Markets: British Airways surges while London closes flat
    British Airways surged on plans to cut capacity, while the broader London market closed flat Friday.