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Breaking News

Russia launched intercontinental ballistic missile during attack on Ukraine, Kyiv says
Business

Business briefs

By
Post Staff Report
Published Nov. 4, 2010, 4:00 a.m. ET

HP snub

Hewlett-Packard has refused to accept serv ice of a subpeona re quiring its new CEO Leo Apotheker to tes tify about his role in SAP’s downloading of Oracle software, an Or acle spokeswoman said.

Black exit

JPMorgan Chase Vice Chairman Steve Black is stepping down from the second-largest US bank, according to an internal memo sent by CEO Jamie Dimon.

BlackRock sale

Bank of America plans to reduce its stake in asset manager BlackRock to as little as 12.6 percent, from 33.9 percent. This comes after BlackRock re quested BofA repur chase some of its bad mortgages last month.

AOL profit

Shares of AOL climbed 81 cents, or 3.2 percent, to $26.10 yester day after the Internet company spun off by Time Warner reported that third-quarter profit more than doubled.

SEC ban

The SEC voted to ban brokers from letting cli ents make unsupervised trades on stock ex changes amid concern that a rogue transaction could roil markets.