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Wall Street: Gold and stocks are up; European banks are down

September 13, 2011 |  7:24 am


Gold: Trading at $1,821.50, up slightly from Monday. Dow Jones industrial average: Up 12 points to 11,073.49, after recovering from an early morning slide.

European woes. Investors are avoiding European banks for fear of exposure to the Greek debt crisis.

AOL blogger leaves. AOL is parting ways with the founder of the popular TechCrunch blog in a protracted spat over journalistic ethics.

New aide for Warren Buffett. The Oracle of Omaha adds a seasoned investment manager at Berkshire Hathaway Inc. as he lays the groundwork for an eventual succession plan.

No go on business schools. Applications to business schools have fallen as the prolonged economic slump makes potential candidates think twice about the time and costs involved.

-- Walter Hamilton

Photo: Stan Honda / Getty Images