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Huge landowner gets a closed-door deal

Plum Creek's shift from logging to real estate reflects a broader shift in the Western economy, from one long grounded in the industrial-scale extraction of natural resources to one based on accommodating the new residents who have made the region ...

For stocks, escaping bear hinges on oil, GE

GE, another Dow industrial and a bellwether for the U.S. economy, will report earnings on Friday. Aside from second-quarter results, investors are anxious to see the companies' forecasts for world economic growth and their own corporate sales ...

GE credit rating cut is unlikely, analyst says

The analyst expects GE's portfolio to ultimately reflect a smaller contribution from financial services, the exit of its traditional industrial operations and a greater contribution from its infrastructure segment.

Report: Biofuels blamed for food price crisis

Leaders of the G8 leading industrial countries meet next week in Japan, where they will discuss the food crisis and come under intense lobbying from campaigners calling for a moratorium on the use of plant-derived fuels.

Chinese tourists visit Taiwan on historic flight

Despite its spectacular outdoors, Taiwan has never become a popular spot for foreign travelers because of decades of emphasis on industrial — not tourism — development.

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