Bloomberg News

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Obama Wins Almost 50% Of Republicans On Tax Mandate

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President Barack Obama won the public argument over taxes so decisively that almost half of Republicans now say he has an election mandate to raise rates on the rich, a poll says.

Oil At $60 Or $120 Doesn’t Prevent U.S. Supplanting Saudis

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Whether crude costs $60 a barrel or twice that amount, the U.S. is almost free of depending on imported energy and positioned to supplant Saudi Arabia as the world’s No. 1 producer of oil.

Aetna CEO: Some Health Insurance Premiums Could Double

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Health insurance premiums may as much as double for some small businesses and individual buyers in the U.S. when the Affordable Care Act’s major provisions start in 2014, Aetna Inc.’s CEO said.

Ex-Dallas Cowboy Sentenced In Scam

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A former Dallas Cowboys linebacker was sentenced to four and a half years in prison for his role in a $20.5 million mortgage fraud that traded on his association with the National Football League.

Calpers Bankruptcy Strategy Pits Retirees Against All Others

Calpers is trying to rewrite the rules for bankrupt cities, claiming that it should get paid before almost everyone else, including bondholders.

Tiger Asia Management Pleads Guilty In Insider Trading Probe

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Tiger Asia Management LLC, the New York-based hedge fund run by Bill Hwang, pleaded guilty to a wire fraud charge and will forfeit $16.3 million in a U.S. insider-trading case.

Singapore Most Desired Home For Asia's Mobile Rich

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Singapore topped Hong Kong as the most desired place in Asia for so-called mobile millionaires to reside, with quality of life cited as the main attraction, a RBC Wealth Management survey showed.

Cayman Island Police Arrest Premier Over Credit Card Use

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Cayman Islands Premier McKeeva Bush began a second day of questioning from police after being arrested yesterday for misuse of government funds and other charges.

Millionaires Seek Trust Shelter As Bush Tax Cuts May End

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These are hectic days for trusts and estates lawyers, as they make house calls, work nights and fly overseas to meet rich clients before Bush era tax cuts expire.

AIG Narrows Focus After Bailout Exit

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American International Group Inc., once the world’s largest insurer, is getting a fresh start as a more focused company as the U.S...

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