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CNBC Business News Headlines

Thursday, 1 Dec 2011 | 7:27 PM ET

CNBC's Seema Mody reports the nation is facing a railway strike, with CNBC's Eamon Javers. Also, JetBlue bid $72 million on two choice airport slots; a grand jury is investigating former New Mexico Gov. Bill Richardson; and the Massachusetts AG is suing five big banks.