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Mittwoch, 07. Dezember 2011 00:00:00 Wirtschaft News
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With Zuccotti Park emptied it's not immediately clear how the OWS movement may affect policy or the 2012 elections, Mark Gimein writes

Never before has the euro influenced U.S. stocks as much as this year, a sign that equities aren’t going anywhere until Europe’s credit crisis is solved

The European Union had its AAA long- term rating put on “creditwatch negative” by Standard & Poor’s Ratings Services after a similar action on 15 of the 17 Euro members. The EU’s short-term A-1+ rating was affirmed.

GOP governors have a deal for cash-strapped mayors

The law that threatens Detroit with direct state rule may be repealed through a petition drive powered by unions and residents opposed to white control of a city that’s 82 percent black.

Startups are figuring out ways to cut down on the "micro-vibrations" that make hard drives less efficient

Warren Buffett’s MidAmerican Energy Holdings utility agreed to buy the $2 billion Topaz project in southern California, branching into solar power after the industry was battered by stock markets around the world.

Warren Buffett’s Berkshire Hathaway Inc., which agreed to buy a $2 billion solar farm in California may have picked the right time to invest in the industry.

The California Housing Finance Agency’s attempt to buy back $112 million in debt without a public tender offer backfired when word of the trades got out, saving the nation’s largest state home-lending authority millions of dollars less than it planned.

Rod Blagojevich, the former Illinois governor convicted of trying to trade President Barack Obama’s U.S. Senate seat for campaign cash or personal favors, was sentenced to 14 years in prison.

Pennsylvania State University, reeling from the fallout of child sex-abuse allegations against a former football coach, said applications for admission and alumni-association memberships are exceeding last year’s levels.

Former Syracuse University assistant basketball coach Bernie Fine won’t face sexual abuse charges because the allegations are too old to allow prosecution, the Onondaga County district attorney said.

A new study of pediatricians’ prescribing habits told us something old and something new. It told us that antibiotics are overused. It also told us -- and this is the new part -- that doctors are using the wrong antibiotics, even when the bacteria-killing drugs are called for.

By Adam Satariano