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Saturday, August 20, 2011 12:01 AM PDT

Today's Reuters Business News Headlines - Yahoo! News: Tribune settles lawsuit by employees for $32 million Japan mulling another FX intervention: report "Abuduction" goes early VOD with theater owners blessing Bronfman steps down as Warner Music CEO More volatility ahead as uncertainty rules Global stocks slide anew, gold sets fresh record Wall Street sinks for fourth straight week TSX slides on nagging recession fears Canada seen raising rates in 2012 despite Fed: Reuters poll Moody's managers pressured analysts: ex-staffer Canadian dollar ends flat, but Carney reassures markets Lawyer Goldfarb gets 3 years prison in insider case Goldcorp CEO sees minor correction in gold price The billion dollar fine that may never hit Slim PIMCO: Treasuries reflect likelihood of recession Tribune settles lawsuit by employees for $32 million Fri,19 Aug 2011 06:20 PM PDT Reuters - (Reuters) - The bankrupt publisher of The Chicago Tribune and Los Angeles Times said it agreed to pay $32 million to settle a lawsuit filed by former employees. Full Story Top Japan mulling another FX intervention: report Fri,19 Aug 2011 04:43 PM PDT Reuters - TOKYO (Reuters) - Japan is considering intervening in the currency market again to stem further yen gains after the currency's overnight ascent to a fresh record high against the dollar, the Nikkei newspaper said on Saturday. Full Story Top "Abuduction" goes early VOD with theater owners blessing Fri,19 Aug 2011 04:27 PM PDT Reuters - LOS ANGELES (TheWrap.com) - With major studios risking exhibitor revolt over earlier and earlier video-on-demand releases, it seems the smaller players have found a way to keep everyone happy: Release movies on VOD "semi-early," taking care to honor the 90 day theatrical window that exhibitors desire. Full Story Top Bronfman steps down as Warner Music CEO Fri,19 Aug 2011 03:45 PM PDT Reuters - NEW YORK (Reuters) - Billionaire Edgar Bronfman Jr is stepping down as chief executive of Warner Music Group Corp, the world's third-largest music company, just two months after the company was bought by Len Blavatnik's Access Industries. Full Story Top More volatility ahead as uncertainty rules Fri,19 Aug 2011 03:20 PM PDT Reuters - NEW YORK (Reuters) - The historic swings in the U.S. stock market over the past two weeks have investors struggling to figure out where equities may be headed next. Only one thing seems clear: The volatility is far from over. Full Story Top Global stocks slide anew, gold sets fresh record Fri,19 Aug 2011 02:47 PM PDT Reuters - NEW YORK (Reuters) - Equity markets slid anew and gold set a second-straight record high on Friday as fears of a possible U.S. slide into recession and concerns related to Europe's debt crisis kept investors on edge. Full Story Top Wall Street sinks for fourth straight week Fri,19 Aug 2011 02:16 PM PDT Reuters - NEW YORK (Reuters) - Wall Street ended a fourth week of losses on a down note on Friday as most buyers left the market before the weekend on growing fears of another U.S. recession and destabilization in Europe's financial system. Full Story Top TSX slides on nagging recession fears Fri,19 Aug 2011 02:10 PM PDT Reuters - TORONTO (Reuters) - Toronto's main stock index dropped sharply for a second day on Friday as financial and energy issues were hit by fears of a new U.S. recession and by a Bank of Canada warning on risks to the global economy. Full Story Top Canada seen raising rates in 2012 despite Fed: Reuters poll Fri,19 Aug 2011 02:04 PM PDT Reuters - TORONTO (Reuters) - An interest rate increase, not a cut, remains the most likely course of action for the Bank of Canada, the country's primary securities dealers say, with a hike seen as early as December. Full Story Top Moody's managers pressured analysts: ex-staffer Fri,19 Aug 2011 01:50 PM PDT Reuters - WASHINGTON (Reuters) - An ex-Moody's Corp derivatives analyst said the credit-rating agency intimidated and pressured analysts to issue glowing ratings of toxic complex, structured mortgage securities. Full Story Top Canadian dollar ends flat, but Carney reassures markets Fri,19 Aug 2011 01:48 PM PDT Reuters - TORONTO (Reuters) - Canada's dollar ended nearly unchanged against the U.S. currency on Friday, reassured by top Canadian policymakers that they are ready to act if the world economy deteriorates dramatically. Full Story Top Lawyer Goldfarb gets 3 years prison in insider case Fri,19 Aug 2011 11:50 AM PDT Reuters - NEW YORK (Reuters) - A lawyer caught up in the government's massive insider trading investigation was sentenced to three years in prison on Friday after pleading guilty to participating in a scheme to trade on corporate secrets from a prominent law firm. Full Story Top Goldcorp CEO sees minor correction in gold price Fri,19 Aug 2011 11:47 AM PDT Reuters - TORONTO (Reuters) - There could be a minor correction in the skyrocketing gold price before the end of this year, but the long-term outlook remains strong, Goldcorp Chief Executive Chuck Jeannes said on Friday. Full Story Top The billion dollar fine that may never hit Slim Fri,19 Aug 2011 11:45 AM PDT Reuters - MEXICO CITY (Reuters) - Mexican tycoon Carlos Slim's America Movil seems set to dodge a record billion-dollar fine for alleged anti-competitive behavior -- at least for now. Full Story Top PIMCO: Treasuries reflect likelihood of recession Fri,19 Aug 2011 11:36 AM PDT Reuters - NEW YORK (Reuters) - Bill Gross, manager of the world's largest bond fund, said on Friday the rally in Treasury yields to 60-year lows reflect a high probability of recession in the United States. Full Story Top

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