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In China, Obama sees growing U.S. market

President Barack Obama on Wednesday highlighted ways in which China is changing its policies that are likely to boost sales to the third largest U.S. trading partner.

Jared Loughner used legal hallucinogen salvia

Arizona shooting suspect Jared Loughner had been known for using drugs according to friends, including marijuana and a little known, but increasingly popular hallucinogenic drug, salvia.

What is ARkStorm?

ARkStorm is a hypothetical winter storm scenario created by USGS's Multi-Hazards Demonstration Project for Southern California (MHDP) where experts have tried to forecast and assess the scientifically plausible physical event of a disastrous storm and the consequential secondary hazards as well as physical, social, and economic consequences.
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Shell, others allowed to resume deepwater drilling in Gulf of Mexico

The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE), the federal agency, which oversees U.S. offshore drilling, has allowed Shell Offshore Inc. and 12 other oil and gas companies to resume deepwater drilling operations in the Gulf of Mexico without the need to submit revised exploration or development plans for supplemental National Environmental Policy Act (NEPA) reviews.

Obama gets 31 million TV viewers in Tucson tribute

Some 31 million U.S. television viewers tuned in to see President Barack Obama lead a memorial tribute to victims of the deadly shooting rampage in Tucson, Arizona, according to TV ratings provider Nielsen.
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'Off the Map', a medical drama in the Jungle

The new show, 'Off the Map', even though an amalgamation of other medical dramas like 'Private Practice', 'Grey's Anatomy' and 'ER', will have a different setting - the jungles of South Americas - hence making the drama more outdoorsy
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KKR potentially interested in Sara Lee: sources

Kohlberg Kravis Roberts & Co is potentially interested in Sara Lee and could possibly partner with an interested party as bidders emerge for the food group, two sources familiar with the situation said on Wednesday.

Bugs Could Replace Cattle, Cut Greenhouse Gases

Livestock put a lot of stress on the environment through greenhouse gas emissions. A group of Dutch scientists has asked whether insects might replace cattle as food and cut the environmental impact.
A BP sign is seen at a petrol station in south London.

Is the Worst Over For BP?

BP Plc, which is tormented by the Gulf of Mexico oil spill, has witnessed a positive development last week when Presidential Commission did not find BP solely responsible for the oil spill.
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Apollo, others considering Sara Lee buyout: source

A group of private equity firms including Apollo Global Management is interested in a buyout of food and beverage company Sara Lee Corp , and has made an approach to the company, a source familiar with the situation said on Sunday.

Management failure key to Deepwater blowout, report says

Better management of oil industry-related companies BP, Halliburton and Transocean could have almost certainly prevented an underwater oil rig blowout last year that led to the largest ever U.S. oil spill, a presidential panel concluded in its final report.
A hard hat from an oil worker lies in oil from the Deepwater Horizon oil spill on East Grand Terre Island, Louisiana

Halliburton, Anadarko sinking on oil spill blame game

Shares of Halliburton Co. (HAL) and Anadarko Petroleum Corp. (APC) are dropping this morning after a report by a presidential commission into the Gulf of Mexico oil spill from last year spread the blame to various parties, not only BP plc (NYSE: BP).
A Chevron tanker truck unloads gasoline into underground storage tanks in Burbank

Can US drill its way to low gasoline prices?

Former Shell Oil CEO John Hofmeister's prediction a fortnight ago that retail gasoline prices would hit $5 per gallon by 2015 has gone viral since then, drawing attention largely on the U.S. drilling policies but also spooking consumers and polarizing analysts in the process.
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Mazda US sales up 17.7 pct in Dec

Mazda North American Operations (MNAO) today reported December 2010 sales of 21,479, up 17.7 percent versus December 2009 while year-to-date 2010 sales came in at 229,566, up 10.5 percent versus 2009. There were 27 selling days in December 2010 compared to 28 in December 2009, and 308 selling days in 2010 compared to 310 in 2009.

BP shares jump on Shell takeover speculation

Shares of BP plc (NYSE: BP) have leapt today partially on a report in the UK newspaper Daily Mail that Royal Dutch Shell (NYSE: RDS.A) may be interested in merging the two global oil giants.
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Online health info popular but often unchecked

The number of people looking for health information online is set to soar as workers return from holiday breaks, but few will check where the information comes from, according to an international survey on Tuesday.
South African President Jacob Zuma shakes hands with Chinese Premier Wen Jiabao at the Zhongnanhai Leaders' Compound in Beijing

What is behind China's move to include South Africa in BRIC grouping?

South Africa is about to join the Brazil, Russia, India and China (BRIC) grouping and will attend the first summit of the leading emerging economies in April this year, but doubts remain over the suitability of the African nation to be in the exclusive club of the fast-growing economies.
South African President Jacob Zuma shakes hands with Chinese Premier Wen Jiabao at the Zhongnanhai Leaders' Compound in Beijing

Does South Africa deserve to join BRIC?

South Korea, among other countries, would be a better candidate than South Africa to join the BRIC group of prominent emerging market nations, said Jim O’Neill, chairman of Goldman Sachs Asset Management, and the man who first coined the “BRIC” term.

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