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An Exxon gas station is pictured in Arlington, Virginia January 31, 2012.

ExxonMobil: Q4 Earnings Largely Due To Europe Weakness

ExxonMobil vice president of investor relations David Rosenthal said his company's lower than expected earning figures are largely due to lingering global economic weakness in Europe which hurt the U.S. economic recovery and prompted declines in industry and chemical refining.

iOS 5.0.1 Untethered Jailbreak Could Become Illegal: DMCA Grace Period Nearly Up

Programmer Goes to Court to fight DMCA.
Using the iOS 5.0.1 Untethered Jailbreak on your Apple devices could become illegal if the Digital Millenium Copyright Act (DMCA) grace period expires in two weeks. In fact, any jail-breaking of devices would become illegal if the two-year long grace period expires, but it only opens up jail-breakers to potential lawsuits. It would not be a criminal act, but if you are the type of person who enjoys flashing custom ROMs on your gear, here is the latest.
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Exxon narrowly beats, but production falls short

Exxon Mobil Corp reported quarterly earnings that narrowly beat expectations, on higher oil prices and asset sales of about $1 billion, but the company's shares dropped nearly 2 percent as its oil and gas production fell short of estimates.
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Home prices drop, consumers turn gloomier

Home prices fell more steeply than expected in November, and consumers turned less optimistic in January, highlighting the hurdles still facing the bumpy economic recovery.
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Wall Street dips on weak economic data

Stocks edged lower on Tuesday after a batch of weaker-than-expected economic reports gave investors reason to pause after strong gains in world equity markets.
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Wall Street sags as data weighs

Stocks fell on Tuesday as optimism over a possible deal by Greece in its debt wrangling dissipated after a batch of weaker-than-expected economic reports.
Luxor Las Vegas Death Legionnaires Hotel Guest

Legionnaires Disease Bacteria Kills Luxor Las Vegas Hotel Guest

A hotel guest who stayed at Las Vegas' Luxor hotel died after contracting Legionnaires disease at the resort, it emerged Tuesday. The holidaymaker, who has yet to be identified by health officials, contracted Legionnaires after staying at the resort in December 2011.
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Mattel raises toy prices to fight higher costs

Prices of Mattel Inc toys like Barbie dolls and Hot Wheels cars have gone up as the company tries to compensate for increasing costs for materials like resin and rising wages in China.
Paul Rooke, CEO Lexmark

Lexmark Cutting 625 Jobs

Printer maker Lexmark International Inc. said it is slashing 625 jobs globally as part of a restructuring plan and forecast weaker sales and earnings in the current quarter.
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Ukraine shuts down top file sharing website

Ukrainian police on Tuesday shut down the former Soviet republic's most popular file sharing website, Ex.ua, accusing its owners of illegally distributing copyright-protected software, music and videos.

Gold Prices in Tight Range, January Gains Hearten Investors

Gold prices were on course for their biggest monthly rise since August on Tuesday, boosted by economic unease in Europe and the United States and raising the possibility of a climb toward last year's record high of just over $1,900 per ounce.
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The Unjust War on the Righteous

As part of an undeniable war on Christianity, New York City is set to evict 17,000 churchgoers who use schools as a place of worship. (As if eliminating any reference to Christmas was not bad enough.)
Abortion rates higher in countries with stricter anti-abortion laws

Virginia State Senator Janet Howell Adds Rectal Exam to Anti-Abortion Bill in Amendment

The Virginia Senate is set to pass a bill Tuesday that will require pregnant women to undergo an ultrasound prior to having an abortion. State Sen. Howell attached an amendment to the anti-abortion bill Monday that would require men attempting to obtain a prescription for erectile dysfunction medication, like Viagra, to first have a cardiac stress test and rectal exam.
An employee works on a computer at the new headquarters of Facebook in Menlo Park

Facebook’s IPO Filing: 5 Things to Watch

Within days, Facebook is expected to file for an initial public offering with the U.S. Securities and Exchange Commission, for the first time doing a public financial strip tease.
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CIT earnings beat expectations, shares rise

CIT Group Inc , the business lender led by former Merrill Lynch Chief Executive John Thain, said fourth-quarter net income fell 59 percent, but a decline in problem loans and borrowing costs helped it beat analysts' expectations.

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