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Reuters - Oil hovered close to record levels above $126 a barrel on Monday as violence in the Middle East heightened worries of supply disruptions in the world's largest crude producing region.
Reuters - Tribune Co is close to an agreement to sell its Newsday newspaper to Cablevision Systems Corp and an announcement could come as early as Monday, a source familiar with the situation said on Sunday.
AP - After slashing inventory and cutting expenses, the retail industry is still bracing for the largest overall quarterly profit decline in at least nine years when merchants report their first-quarter earnings this week.
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