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‘Underworld Awakening’ sees light at top of weekend box office

admin — Tue, 24 Jan 2012 11:33:46 +0000

“Underworld Awakening” came out on top of the weekend box office with $25.4 million. Its 2009 predecessor “Underworld: Rise of the Lycans,” started with $20.8 million, and did not feature Beckinsale.

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Warner Bros. extends DVD rental delay

admin — Tue, 10 Jan 2012 11:31:40 +0000

Warner Bros. will extend the time customers will have to wait to watch movies on DVDs from services such as Netflix to 56 days.

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Japan liberalizes ban on arms export

admin — Tue, 27 Dec 2011 11:52:25 +0000

In an attempt to reduce spending on national defense and strengthen domestic arms industry, Japan on Tuesday eased self-imposed arms exports ban.

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Two major publishers announce bad news for newspaper industry

admin — Tue, 13 Dec 2011 11:50:28 +0000

It’s beginning to be a tough week for newspapers, with one major publication announcing a round of lay-offs, while another publisher announces bankruptcy.

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Monday’s stocks miss earlier highs, but up sharply into closing bell

admin — Tue, 29 Nov 2011 11:38:58 +0000

U.S. stocks cheered strong retail sales over the Thanksgiving weekend and on Cyber Monday with a strong rally.

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Starbucks drops undisclosed $1.50 charge for coffee beans

admin — Tue, 15 Nov 2011 11:43:55 +0000

Starbucks has stopped charging $1.50 for orders of coffee beans less than a pound in stores in the United States.

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U.S. Supreme Court upholds no limit on patient lawsuits against medical device makers

admin — Tue, 01 Nov 2011 11:41:38 +0000

The court rejected an appeal by Stryker Corporation against a lawsuit foiled by Illinois resident Margaret Bausch who got a replacement hip six days after the Food and Drugs Administration (FDA) issued a warning about problems at Stryker’s manufacturing plant.

In seeking to dismiss Bausch’s lawsuit, Stryker cited a 2008 Supreme Court ruling that patients cannot file state-law product liability suits over products that went through FDA review.

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Iron ore prices could slide to $140 per tonne

admin — Tue, 18 Oct 2011 11:36:59 +0000

Prices of iron ore, the main ingredient for making steel, could slide to as low as $140 per tonne in the coming months. In September, spot iron ore prices grew above $181 per tonne, but on Monday fell deeply to $157.25.

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IBM plans to buy more mid-sized firms to expand software business

admin — Tue, 04 Oct 2011 11:38:02 +0000

International Business Machines Corp. is bent on retaining its hold as the number two most valuable company in the world by expanding its $22.5-billion software business.

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Eurozone officials push Greece to speed up economic reforms

admin — Tue, 20 Sep 2011 11:35:21 +0000

Greece is teetering towards a default on its international loans, prompting Greek officials to seek the advice of European and International Monetary Fund officials to measures the financially challenged nation could do to speed up the release of its $11 billion anticipated aid.

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