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Date:

Fri, March 20, 2009 10:52:29 AM

From:

AM Business Break by STLtoday.com

Subject:

AM Business Break: Fiat says it won't assume Chrysler debt

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latest news Fiat says it won't assume Chrysler debt in deal The Italian automaker says it won't assume Chrysler LLC debt -- current or future -- in deal for a 35 percent stake, contradicting statements from Chrysler's chief executive. [more] GlaxoSmithKline reduces stake in Quest GlaxoSmithKline PLC says it sold about 5.7 million shares of Quest Diagnostics Inc. for more than $250 million, reducing its stake to about 16.5 percent. [more] Citigroup CFO to become Citi Holdings chairman Citigroup Inc. says it has tapped Chief Financial Officer Gary Crittenden to become chairman of the unit in charge of its riskier assets and tougher-to-manage ventures. [more] Former AIG head denies he started executive bonuses Hank Greenberg says the company under his leadership never had the kind of retention bonus system that has subjected it to withering criticism. [more] Latest from the Associated Press best from today's Post-Dispatch Bevo Mill closes suddenly The landmark restaurant stiffs City Hall and leaves wedding couples scrambling. [more] New hospital is primed for patients Public is invited to see Fenton facility built to feel like home. [more] Unemployed turning to Census Bureau for temporary jobs In the downturn, there are more applicants — and more are experienced. [more] St. Louis area jobless rate jumps slightly 5,600 jobs were lost in January. [more] Farmhouse centers cohousing development Developers work with site in St. Peters. [more] Former brewery official reels in success Michael Brooks is the leader of Ardent, a company that makes fishing reels. [more] Laid-off autoworker wings way into new job Patrick Davis builds jets for Boeing. [more] Charter sports package demonstrates convergence Company mixes Internet sites with television coverage. [more] More business news from the Post-Dispatch STLtoday.com blogs Lager Heads Planning executive to leave Anheuser-Busch. [more] STL JobWatch A word of warning to the Tweeting wise. [more] More business blogs

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