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API wants desks cleared of LNG export plans
CHICAGO, March 15 (UPI) -- Spokesmen for the Rev. Jesse Jackson had no comment Monday on a report one of Jackson's sons, Yusef, has made a bid to buy the Chicago Sun-Times.
The tabloid is the city's second major newspaper, 13th largest in the United States, and is being sold by its parent Hollinger International after Chief Executive Officer Conrad Black resigned amid allegations he took millions in unauthorized payments.
Black's deal to sell the newspaper to Britain's Barclay brothers fell through.
Crain's Chicago Business said Yusef Jackson, a lawyer who heads a lucrative Anheuser-Busch distributorship, bid for the paper with supermarket magnate Ronald Burke.
Jackson, 33, reportedly is only interested in the Sun-Times and not Pioneer Press, Star Newspapers or dozens of other Hollinger-owner publications in the Chicago area.
His father, Jesse Jackson Sr., writes a weekly column for the Sun-Times.
Crain's said the deadline for final bids is March 23.
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| Additional Business News Stories | |
BUENOS AIRES, May 21 (UPI) --
To the joy of neighboring rivals, Argentina's beef exports are dwindling and traders blame government policies.
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MUSCAT, Oman, May 21 (UPI) --
The Persian Gulf sultanate of Oman is set to buy a $2.1 billion missile system built by the U.S. Raytheon Co. as part of a U.S. drive to install a coordinated air-defense system linking the region's Arab monarchies to counter Iran.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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