UNITED STATES

Traders work on the floor of the New York Stock Exchange January 20, 2012.

Dow Jones, S&P 500 Post Best Week since Christmas

U.S. stocks posted their best week since Christmas, even with a mixed finish on Friday after comparatively strong earnings reports from tech bellwethers IBM and Intel Corp. contrasted with a relatively weak report from Google Inc.
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Morgan Stanley CEO to receive $10.5 million

Morgan Stanley Chief Executive James Gorman was awarded a $10.5 million bonus for 2011, down 25 percent from the previous year, according to a source familiar with the matter.
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Chuck Norris Endorses Gingrich 2012

Chuck Norris, one of the GOP's biggest celebrity supporters, has endorsed Gingrich in the 2012 Republican presidential race on the eve of the South Carolina primary.
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Analysis: Canada's star fades as economy faces tough 2012

Canada's moment in the sun as the fastest-growing economy in the G7 club of rich countries is set to end this year, when it will likely underperform the United States for the first time in seven years and struggle with a mounting household debt problem.
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Courts push back on bribery prosecutions

As the Justice Department has stepped up its enforcement of an anti-foreign bribery law, it has faced the expected stiff resistance from the business community.
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Megaupload site wants assets back, to fight charges

The Internet website Megaupload.com, shut down by U.S. authorities over allegations that it illegally peddled copyrighted material, is trying to recover its servers and get back online, a lawyer for the company said on Friday.
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Costa Concordia: Wave of Inevitable Lawsuits Begins

The first of what will surely be many inevitable lawsuits against the Costa cruise line over the sinking of the Concordia have been started. Two U.S. law firms are planning to sue on behalf of the passengers of the cruise ship.
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Gold Ends Week with Small Gain, up 2% for Week

A modest gold rise was eclipsed by a 4 percent surge in silver on Friday, with investors optimistic about the technical picture and prospects for a Greek deal soon with private bondholders.
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Icahn snaps up some LightSquared debt: sources

Billionaire investor Carl Icahn is buying some of the debt of hedge fund manager Philip Falcone's LightSquared Inc as the ailing wireless-network company runs short of cash, according to two sources familiar with the matter.
'Resident Evil 6' Release Date: More 'Call Of Duty,' Less Survival Horror Says Capcom

Resident Evil 6: Storyline, Trailers, Everything Else You Need To Know

Keeping true to the horror genre, Resident Evil just keeps coming back: Capcom has released a new trailer for Resident Evil 6, which featured classic characters Leon Kennedy and Chris Redfield. The game is scheduled for release on November 20, 2012 and will be available for the Xbox 360 and PS3. The storyline takes place 10 years after the original Resident Evil, which was released in 1996 for the original PlayStation.
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SOPA Shelved in House Following PIPA Delay, Netizens Celebrate

Close on the heels of the Senate delaying the vote on PIPA (Protect IP Act), U.S. Rep. Lamar Smith (R-Texas) also announced that the House of Represenative has shelved the anti-piracy bill SOPA (Stop Online Piracy Act) until there is wider agreement on a solution.
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SOPA is Dead: Lamar Smith Withdraws Bill from the House

The hashtag SOPA is dead began trending on Twitter Friday as news spread that Lamar Smith has withdrawn SOPA, the highly controversial anti-piracy legislation, from the House. Smith agreed to pull the bill until there is wider agreement on a solution.
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Smartphone Presence Booms Among Smaller Wireless Carriers

With the searing success of Apple's iPhone line helping to spur sales of nearly 580 million smartphones in 2011, consumers are lining up to buy them. Meanwhile, the mobile industry is dying to serve them, lured by prospects of subscriber growth and terabytes of new revenue.

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