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Apple's Latest iPad 3 Rocks, to Keep Arch Rivals at Bay

Apple iPad
Apple Inc's latest iPad sports a crisper display and an array of technology advances that, while less than revolutionary, may prove enough for now to keep rivals like Amazon.com Inc and Samsung Electronics Co Ltd at bay.
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GM CEO sees European losses continuing for 1-2 years

General Motors Co chief executive Dan Akerson said it may be two years before its European division is back in profit as the continent sheds over-capacity the same way the U.S. industry had to over the past half decade.
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Treasury Selling $6B In AIG Stock

The Treasury Department plans to sell $6 billion of American International Group stock and struck another deal for the insurer to pay down $8.5 billion more in obligations, taking a major step forward in an election year to unwind the unpopular crisis-era bailout.
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U.S. to sell $6 billion in AIG stock

The Treasury Department said on Wednesday it will sell $6 billion worth of American International Group stock and struck another deal for the insurer to pay down $8.5 billion more in obligations, taking a major step forward in an election year to unwind the unpopular crisis-era bailout.
IBTimes Logo

Treasury to sell $6 billion in AIG stock

The Treasury Department said on Wednesday it will sell $6 billion worth of American International Group stock and struck another deal for the insurer to pay down $8.5 billion more in obligations, taking a major step forward in an election year to unwind the unpopular crisis-era bailout.
IBTimes Logo

Treasury to sell $6 billion in AIG stock

The Treasury Department plans to sell $6 billion of American International Group stock and struck another deal for the insurer to pay down $8.5 billion more in obligations, taking a major step forward in an election year to unwind the unpopular crisis-era bailout.
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Japan GDP Contraction Eases; Current Account In The Red

Japan's economy shrank less than initially estimated in the fourth quarter as companies ramped up capital expenditure, but the current account swung to a record deficit in January as a shift away from nuclear power pushes up fossil fuel imports.
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U.S. tech groups alarmed by India purchasing plan

Leading software and technology companies on Wednesday pressed President Barack Obama's administration for quick action on a new Indian government policy that they said threatens exports to the fast-growing economy.
jobless claims

Unemployment Rate Likely To Hold At 8.3% In February

Employers probably hired more than 200,000 workers for a third straight month in February, indicating that companies are feeling more upbeat about the U.S. economic recovery, economists said before a report this week.
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AMR offers to freeze, not terminate, pensions

AMR Corp, the bankrupt parent of American Airlines, on Wednesday proposed a plan to freeze pensions covering many of its workers, retreating from an earlier proposal to terminate them and leave them to government insurers, which could result in lower payouts.
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After $1 Million Jackpot, Lottery Winner Still Collects Food Stamps Every Month

While a bill to bar lottery winners from collecting governmental food assistance has been pushed and discussed in the Michigan Legislature, Amanda Clayton, who won $1 million last fall, reportedly still, collects $200 worth of food stamps a month. According to Yahoo news, the 24 year-old from Lincoln Park, Michigan said she will continue to collect her benefits until she is officially cut-off, despite her mega win.
Baselworld

Luxury watchmakers see clouds on China 'Eldorado'

Luxury watchmakers are hoping a stronger-than-expected recovery in the United States and global exposure will help them sail through a more challenging market in China, where the days of unstoppable growth are ticking by.

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