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Kerkorian Files Offer for 28M GM Shares

WASHINGTON – Billionaire investor Kirk Kerkorian (search) Monday launched an offer to buy up to 28 million shares of General Motors Corp. (GM) common stock for $31 each. Kerkorian, who shook up the former Chrysler Corp. with a hostile takeover bid about a decade ago, had said last week that …

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Energy Bill Would Extend Daylight Savings

WASHINGTON – If Congress passes an energy bill, Americans may see more daylight-saving time (search). Lawmakers crafting energy legislation approved an amendment Wednesday to extend daylight-saving time by two months, having it start on the last Sunday in March and end on the last Sunday in November. “Extending daylight-saving time …

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Bolton Pledges to 'Work With All'

WASHINGTON – President Bush’s pick to be the U.S. ambassador to the United Nations pledged Monday to “work with all” to build a stronger and more effective world body, which he said has sometimes gone “off track.” The Bush administration is committed to the success of the United Nations, John …

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