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Reuters - Asian stocks fell for a third straight day and oil prices slipped to a 1-1/2-year low below $60 a barrel on Friday in the face of a rapidly slowing global economy, though aggressive policy changes brought markets back from freefall.
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0 Comments Reuters - Chrysler LLC is rapidly burning through cash and being driven to prepare for a possible break-up if it can't clinch a merger with General Motors Corp or get government funding needed to ride out the economic crisis, people with knowledge of the situation said.
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Reuters - Software giant Microsoft Corp on Friday dismissed speculation it might still be interested in a takeover of Internet firm Yahoo Inc.
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Reuters - Chief executives of distressed U.S. auto companies sought a $50 billion federal bailout on Thursday to survive a financial crisis blamed on a worsening economy and the "near collapse" in demand for cars.
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