Lenders bid $105M for Philly newspapersPHILADELPHIA — Creditors have posted an opening bid of $105 million in cash for The Philadelphia Inquirer and Philadelphia Daily News, more than twice the $50 million opening bid of philanthropist Raymond Perelman.
Obama presses Mideast peace in UN addressUNITED NATIONS — President Barack Obama is exhorting the world to unite around the Israeli-Palestinian peace process, challenging the United Nations to support an agreement that would create an independent Palestine and a secure Israel in a year's time.
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