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Finance News

Schumer wants probe of frequent flier mile claims

U.S. Sen. Charles Schumer is calling for a federal review of complaints by consumers that they are losing millions of frequent flier miles without notice in confusing agreements. Full Story

Deutsche Bahn signs $26B Qatar railroad deal

An investment company owned by Qatar's sovereign wealth fund has signed a $26 billion (euro17 billion) joint venture with Germany's national railway operator to build a railroad network in the natural gas-rich Gulf sheikdom. Full Story