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Borders, which filed for bankruptcy court protection in February, has extension agreements for 365 stores. But it said in a court filing Thursday that it is still negotiating lease extensions for 51, many of which are among its top-selling stores.

A Borders spokeswoman says the company, based in Ann Arbor, Mich., wants to keep most of the 51 stores in question open and is working both with its lenders to waive the store-closing requirement and with landlords to get extensions.

The company says it is in talks with several potential buyers for its stores or its business as a whole.


New austerity measures approved

ATHENS | Greek ministers on Thursday approved a new round of austerity measures and a $73 billion privatization drive that are essential for the debt-ridden country to continue receiving funds from its international bailout.

Two senior Cabinet officials who were at the meeting said the plans were to be submitted to Parliament later Thursday. They said a vote was expected before the end of the month.

“We have sought and we have found the fairest possible solution” in the new austerity cuts, Prime Minister George Papandreou said, according to a third Cabinet official who was reading from a text of the premier’s remarks.

The new measures — budget cuts and a sell-off of state holdings in companies and real estate — are a precondition for Greece to receive the next part of its $161 billion rescue package granted a year ago.


Court: Microsoft must pay in patent case

The Supreme Court ruled Thursday that Microsoft Corp. must pay a $290 million judgment awarded to a small Toronto software company for infringing on one of its patents inside its popular Microsoft Word program.

The high court unanimously refused to throw out the judgment against the world’s largest software maker.

Toronto-based i4i sued Microsoft in 2007, saying it owned the technology behind a tool used in Microsoft Word. The technology in question gave Word 2003 and Word 2007 users an improved way to edit XML, which is computer code that tells the program how to interpret and display a document’s contents.

The lower courts say Redmond, Wash.-based Microsoft willfully infringed on the patent, and ordered the world’s largest software maker to pay i4i $290 million and stop selling versions of Word containing the infringing technology.

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