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Indeed, Walt Disney Co.'s ESPN -- home to "Monday Night Football" -- extended its deal through 2021 for the franchise on Thursday morning. The new deal will cost ESPN an average of $1.9 billion per season, according to a person familiar with the deal. ESPN had been paying about $1.1 billion under its current deal.

Liang Wengen of Sany Heavy Industry is the new number one with a net worth of $9.3 billion, followed by Robin Li.

Big U.S. banks in talks with state prosecutors to settle claims of improper mortgage practices have been offered a deal that may limit their legal liabilities in return for a multibillion-dollar payment, the Financial Times reported on Tuesday.

The all-cash bid comes from Bill Burke, founder of the L.A. Marathon, plus 'state-owned investment institutions of the People's Republic of China' and unidentified American investors, a letter sent to Frank McCourt says.

As much as $60 billion in U.S. tax dollars has been lost to waste and fraud in Iraq and Afghanistan over the past decade due to lax oversight of contractors, poor planning and corruption, according to an independent panel....

Forget the struggling economy. There's one U.S. industry -- Big Politics -- that is looking ahead to a record year in 2012.

Top Bank of America Corp lawyers knew as early as January that American International Group Inc was prepared to sue the bank for more than $10 billion, seven months before the lawsuit was filed, according to sources familiar with the matter.

The $7 billion in estimated losses from Hurricane Irene compound the vast damage caused by weather this year. Yet, despite billions paid out for floods, tornadoes and earthquakes, big insurance companies can expect another profitable year.

Hurricane Irene could cost U.S. state and local governments billions of dollars in damages, but funds from the federal government might ultimately cover much of this expense.

Bank of America Corp is selling about half its stake of China Construction Bank to a group of investors for $8.3 billion in cash, the bank said on Monday.