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  Pepsi to Buy Russia's Wimm-Bill-Dann

  PepsiCo announced a deal to acquire Russian dairy products and fruit-juice maker Wimm-Bill-Dann for more than $5 billion, in one of the biggest foreign investments in Russia outside the energy sector.

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  Strong Demand for Spanish Bonds

  Expectations that the ECB will step up government bond purchases bolstered demand at an auction of Spanish bonds Thursday, but yields far exceeded levels reached at the previous auction two months ago.

• U.S. Deficit Plan Wins Backers

  Seven debt-panel members backed its plan for getting the U.S. fiscal house in order, setting up the prospect of action next year.

  • Capital: Big Choices, Little Consensus | Video
  • Tax-Free Status for Muni Bonds Would End
  • Video | Commission's Final Report
  • Builders Bristle at Deduction Proposal

• Foreign Firms Got Fed's Cash

  The Fed disclosed the extent to which it supported foreign banks and U.S.-based investment banks in the worst days of 2008, and the breadth of its lending to other firms.

  • Hedge Funds Made Rescue Program Pay
  • Heard: Moral Hazard, Thy Price Is $3.3 Trillion
  • Fed Lifts Lid on Actions
  • Database: Who got aid
  • Federal Reserve Watch

• Tax Cuts Likely to Be Extended Temporarily

  Congressional aides from both parties have begun discussing a temporary extension of tax cuts enacted under Bush.

• Squeeze May Add to Bankruptcies

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  FSA Probe Clears RBS Chiefs

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  Yahoo Japan's Google Tie-Up Approved

• Retailers Fight to Escape 'Conflict Minerals' Law

• Spain, Italy Seek Action

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  Sinopec Joins Chevron Gas Project

• Recovery Gathers Steam