RealNews

Dubai Firm to Give Up Stake in U.S. Ports

A Dubai-owned company said Thursday that it was prepared to give up its management stake in some U.S. ports, a move made as congressional leaders warned President Bush that both the House and Senate appeared ready to block the takeover. It was not immediately clear whether the announcement would be enough to cool widespread sentiment in Congress to pass legislation blocking the deal, which has become an election-year hardship for Republicans. Full Story

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