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Blackstone Pulls Out of Dell Bid on Rapidly Falling PC Sales
Blackstone Group pulled out of bidding for Dell amid concerns about the personal-computer maker's finances and the worsening outlook for global PC sales. Blackstone cited an "unprecedented" 14 percent market decline in PC volume in the first quarter.Congress curses its monster creation
For all the righteous indignation at American International Group Inc. spewing from Capitol Hill this week, you would think Congress had played no role in creating this mess. All the screaming last week at AIG's Chief Executive Officer Edward Liddy diverts attention from the role Congress played. It helped build the mammoth firms taxpayers are bailing out and the risky, unregulated derivatives business that made them so vulnerable.Ex-Justice: No ethics problems with Adorno
Former Florida Supreme Court Justice Raoul Cantero III testified for Henry Adorno at his Florida Bar disciplinary hearing, saying Adorno has never acted unethically or broken any Bar rules.Universal Florida parks may cost NBC $1.55 billion
Analysts value the property at $2.3 billion to $3.1 billion, including the separate, gated parks, Universal Studios Florida and Universal's Islands of Adventure, and the CityWalk dining, retail and entertainment area.Lawyers' Fund for Client Protection List of Ineligible Attorneys
Notice to the bar.Florida is 'battleground' as states weigh health waivers
Florida may unleash a flood of exemptions from the federal health-care law should the Obama administration grant a waiver on insurer spending rules in the fourth-largest U.S. state.Did you know there's a world surplus of crude oil
MAYBE THE MARKETS are lying. Crude oil keeps trading at $70 a barrel or more, where it's been pretty much since mid-April. U.S. gasoline costs on average about $3 a gallon, enough to make you think about walking. Still, there's a world surplus of crude oil. Analysts say production of the low-sulfur crude that refiners prefer exceeds global demand by about 1 million barrels a day, equal to about 1.Dimon Exceeds Mentor Sandy Weill In Legal Costs
Jamie Dimon took a $7.2 billion charge for expenses tied to regulatory matters and litigation, bringing the total JPMorgan has set aside to $28 billion. Sanford "Sandy" Weill's tenure at Citigroup ended up leaving the bank with at least $5.5 billion in legal costs.Wells Fargo bets on Charlotte trading after B of A flees
Wells Fargo is betting its securities business can thrive 600 miles from New York in the same city Bank of America Corp.'s traders largely abandoned. The first of 900 employees moved last month into a new space on two floors of a 48-story tower in Charlotte, North Carolina.A Buyer's Guide to Law Firm Software
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