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US, EU approve Universal takeover of EMI

US, EU approve Universal takeover of EMI
By RYAN NAKASHIMA and SARAH DiLORENZOAP Business Writers BRUSSELS (AP) - Universal Music Group won approval Friday from American and European regulators to buy the famed British music company EMI, including the hugely lucrative Beatles catalogue. The deal will extend its lead as the world's

Vintage lawmakers try for comebacks to Congress

Vintage lawmakers try for comebacks to Congress
By MARTIGA LOHNAssociated Press ST. PAUL, Minn. (AP) - When bearded Democratic maverick Rick Nolan dropped out of Congress 32 years ago to start a vegetable farm in rural Minnesota, the Reagan revolution was just beginning and his future Republican rival was a student at the U.S. Naval Academy

A-list stars collide at iHeartRadio Music Festival

A-list stars collide at iHeartRadio Music Festival
By CAITLIN R. KINGAssociated Press NASHVILLE, Tenn. (AP) - To prepare for the iHeartRadio Music Festival in Las Vegas this weekend, Grammy-winning country star Brad Paisley is doing some research. Paisley said he cannot wait to see Calvin Harris perform, but doesn't know much about him. "I

US, EU approve Universal takeover of EMI

US, EU approve Universal takeover of EMI
By SARAH DiLORENZOAP Business Writer BRUSSELS (AP) - Universal Music Group got approval Friday from American and European regulators to buy the famed British music company EMI, including the hugely lucrative Beatles catalogue. But the EU imposed stringent restrictions on the deal, forcing

Google says it will shut China music service

Google says it will shut China music service
By JOE McDONALDAP Business Writer BEIJING (AP) - Google Inc. said Friday it will close a music download service in China, further reducing its presence in the world's most populous Internet market two years after the company closed its mainland search engine in a dispute over censorship and

iPhone 5 launch draws Apple fans worldwide

iPhone 5 launch draws Apple fans worldwide
By KELVIN CHANAP Business Writer In a now familiar global ritual, Apple fans jammed shops across the globe to pick up the tech juggernaut's latest iPhone. Eager buyers formed long lines Friday at Apple Inc. stores in Asia, Europe and North America to be the first to get their hands on the

iPhone 5 launch draws Apple fans worldwide

iPhone 5 launch draws Apple fans worldwide
By KELVIN CHANAP Business Writer In a now familiar global ritual, Apple fans jammed shops across the globe to pick up the tech juggernaut's latest iPhone. Eager buyers formed long lines Friday at Apple Inc. stores in Asia, Europe and North America to be the first to get their hands on the

Eddie Vedder takes issue with Romney comments

Eddie Vedder takes issue with Romney comments
By KEN THOMASAssociated Press TAMPA, Fla. (AP) - Pearl Jam front man Eddie Vedder isn't singing Republican Mitt Romney's praises. Vedder said during a Thursday performance at a fundraiser for President Barack Obama that he was upset by Romney's caught-on-tape comments from last

News Summary: Wal-Mart to stop selling Kindles

News Summary: Wal-Mart to stop selling Kindles
By The Associated Press THE NEWS: Wal-Mart Stores Inc. will stop selling Amazon.com's Kindle Fire tablet and Kindle e-readers. THE CONTEXT: Wal-Mart's decision comes after a similar decision by Target in May. Amazon has been selling lower-priced tablets at thin - if any - profit margins

Wal-Mart will stop selling Amazon.com Kindles

Wal-Mart will stop selling Amazon.com Kindles
By MAE ANDERSONAP Retail Writer NEW YORK (AP) - Wal-Mart Stores Inc. is phasing out the sale of Amazon.com's Kindle Fire tablet and Kindle e-readers, the second major retailer to stop offering the items in six months. Wal-Mart, the world's largest retailer, said Thursday the decision