AIG reduces government borrowings by $25 billion

American International Group Inc. on Tuesday slashed the amount of money it owes the government by $25 billion, completing a move of two subsidiaries into special holding units ahead of their planned spinoff or sale.

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IAC completing split into 5 publicly traded parts

Barry Diller's IAC/InterActiveCorp completed its split into five publicly traded companies Thursday — a move intended to give each business more focus and value than the previously cluttered whole.

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IAC to take $170M in charges for spinoffs

Internet conglomerate IAC/InterActiveCorp, preparing to spin off four of its operating units, said late Tuesday it plans to take about $170 million in charges because the housing crisis has diminished the value of its mortgage and real estate businesses.

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AMSTERDAM -- Dutch financial-services company ING Groep NV said Monday it will spin off its insurance and investment-management businesses and repay half the €10 billion ($15 billion) it owes the government in a bid to assuage European Union concerns over the state-aid package  …

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Siamese twins from Morocco, connected since birth at the chest and stomach, were separated in a successful operation at a Riyadh hospital on Saturday, the state news agency SPA reported.

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NEW YORK, Nov 5 (Reuters) - Entergy Corp

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The first-season DVD of the BBC's Doctor Who spinoff series, Torchwood, streets on Jan. 8, 2008, and will include 10 behind-the-scenes featurettes on seven discs.

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You know what TV totally does not need more of? Shows about women with fabulous careers who spend at least seven hours of every workday dithering about their dysfunctional relationships, having inappropriate makeout sessions with inappropriate coworkers, and occasionally hearing  …

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"It looks like the next "X-Men"- related film will be "Wolverine," but "X-3" director Brett Ratner told IGN FilmForce he'd love to make a fourth "X-Men" as well.

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