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Latest Business News

Key dates in Greece's debt crisis (AP) - AP - A look at key dates in Greece's financial crisis.
Private investors near deal on Greek debt (AP) -

Charles Dallara, left and Jean Lemiere from the Institute of International Finance leave Maximos Mansion after meeting Greek Prime Minister Lucas Papademos and Greek Finance Minister Evangelos Venizelos in Athens on Saturday Jan. 28 2012. Talks between Greece and private creditors on halving the country's privately held debt load have ended and a deal is very close, according to the creditors' representatives. (AP Photo)AP - A disorderly and potentially devastating Greek debt default is looking much less likely.


Freddie Mac hired Gingrich as it reshaped strategy (Reuters) - Reuters - Within months after taking over as chief lobbyist at mortgage lender Freddie Mac in 1999, Mitchell Delk hired a prominent Washington insider to advise him on how to build support among conservatives on Capitol Hill: Newt Gingrich, the former speaker of the House of Representatives.
Greece, creditors on verge of clinching debt deal (Reuters) - Reuters - Greece and its private creditors said on Saturday they were piecing together the final elements of a debt swap and expected to have a deal ready next week, essential for sealing a new bailout and avoiding an uncontrolled default.
Sanctions to hit EU buyback firms: Iran oil chief (Reuters) - Reuters - European companies owed oil by Iran could lose out if Tehran imposes a ban on crude exports to the European Union next week, the head of Iran's state oil company said on Saturday.
Goldman executives get access to restricted stock (Reuters) - Reuters - Top Goldman Sachs Group Inc executives received previously restricted stock awards that are now worth $47.7 million, according to regulatory filings, though the executives are still limited in selling most of their Goldman stock.