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Sweden raids local Nasdaq bourse in competition probe

STOCKHOLM, July 14 - Swedish regulators have raided U.S.-owned bourse operator Nasdaq OMX Group in a competition probe likely to raise questions over exchanges' efforts to woo controversial high-frequency traders.

Tea and Coffee Drinkers Less Likely to Carry MRSA

Tea Drinkers
A new government study published in the Annals of Family Medicine shows that those who drink hot tea or coffee are about twice as likely as non-drinkers to ward off methicillin-resistant Staphylococcus aureus, or MRSA, in their nostrils.

China's fresh rare earths export quotas restore cuts

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China on Thursday issued a second batch of quotas for exports of rare earths this year -- virtually making up for previous cuts -- after its commerce minister met with his EU counterpart to discuss this and other thorny issues between the two trading partners.
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China raises rare earth export quota, EU not satisfied

China eased export curbs for rare earths on Thursday, restoring it to near-2010 levels in a bid to appease its trading partners, but the European Union said the measure did not go far enough to address concerns of stable supplies.
Apple's iPad

Android, Windows 8 vs. iPad: Will Apple Lose Tablet Marketshare?

A report says Google's forthcoming Android and Microsoft's forthcoming Windows 8 operating systems will take marketshare away from Apple and its iPad in the tablet space. But Apple is gaining marketshare with smartphones and personal computers, which could help the company fend off Google's Android and Microsoft 8.
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Fix NYC pension gap with investments: deputy mayor

New York City should invest more of its pension funds in international equities and other assets because improving returns would help the city with its soaring contributions, Deputy Mayor Robert Steel said on Thursday.
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Bernanke: deep spending cuts could derail recovery

Federal Reserve Chairman Ben Bernanke warned Congress on Thursday that overzealous cuts to government spending could derail an already fragile recovery and said a U.S. debt default could wreak financial havoc.
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Jobless claims fall, retail sales edge up

The number of Americans claiming initial unemployment benefits dropped last week, but remained elevated and retail sales barely rose, suggesting the economy would struggle to regain speed in the second half.
Bush

Poll: Voters Blame Bush More Than Obama for Economy

American voters believe former President George W. Bush is primarily responsible, not President Barack Obama, for the U.S. economy's poor condition, a poll released Thursday indicated. What's more, 48 percent of those polled said they would blame the Republicans if the debt ceiling is not raised, while 34 percent would blame the Democrats.
U.S. Rep. Ron Paul speaks during the Republican Leadership Conference in New Orleans

Ron Paul to Bernanke: 'Do You Think Gold is Money?'

Longtime Federal Reserve antagonist U.S. Rep. Ron Paul, R-Texas, was at it again on Wednesday, criticizing Federal Reserve Chairman Ben Bernanke, the head of world's most powerful central bank, for a faltering economic recovery and suggested the country would be better off investing in gold.
Former Gov. Sarah Palin, R-Ala.

Sarah Palin: 'Don't Retreat, Reload' on Debt Ceiling

Former Gov. Sarah Palin, R-Alaska, redeployed her controversial gunplay rhetoric Wednesday, saying conservatives should not compromise and agree to raise the U.S. debt ceiling. Palin also said she isn't convinced that a U.S. Government default would be a calamity.
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WikiLeaks files complaint over Visa and Mastercard

WikiLeaks and the Icelandic IT company DataCell filed a formal complaint to the European Commission on Thursday, saying payment companies Visa Europe and MasterCard Inc violated EU antitrust laws by blocking donations.

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