Only tax increase can cure Illinois budget woes, study says

Tax increases are the only solution to a widening budget crisis that a new study says has landed Illinois among the nation's most financially troubled states, a soon-to-be-released report by a team of University of Illinois ...

News Corp. posts flat third quarter

Media giant News Corp. reported a flat quarterly net profit of 2.7 billion dollars on Wednesday as one-time items helped compensate for a slide in advertising revenue.

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