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NYSE to merge with Archipelago; NASDAQ to buy Instinet

Sunday, April 24, 2005 New York Stock Exchange (NYSE) announced last Wednesday that it has agreed definitively to merge with Chicago-based Archipelago Exchange (ArcaEx) and form a new publicly traded, for-profit company known as NYSE Group. This announcement was followed two days later by NASDAQ®, which independently announced a definitive …

Toyota to suspend sales of Lexus GX 460 over new safety fears

Wednesday, April 14, 2010 Japanese auto maker Toyota is to temporarily suspend sales of its luxury Lexus GX 460 SUV following an unfavorable verdict from Consumer Reports, which concluded “Don’t Buy: Safety Risk,” the first such warning in almost a decade. After conducting its standard emergency handling tests on the …

Australians missing out on full sports coverage, media outlets say

Wednesday, April 15, 2009 Major media outlets have told an Australian senate committee on environment, communications and the arts that Australians are being denied full coverage of sporting events. They have told the inquiry that major sporting organisations are restricting how photos and text can be used on the internet …