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Google nears settlement over drugstore ads: report

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Google Inc is close to settling a U.S. criminal probe into allegations that it made hundreds of millions of dollars from online pharmacy ads that break U.S. laws, the Wall Street Journal reported, citing people familiar with the matter.
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Oil up more than $1 on European growth, dollar fall

Oil rose more than $1 on Friday, taking benchmark U.S. crude futures back above $100 per barrel, after much higher-than-expected growth in Germany and France and a rebound in the euro against the dollar.
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World's top banks face capital surcharge hit: report

The world's top banks will likely be hardest hit by new capital surcharges that would rise according to size, links to other lenders and how easily a bank could be replaced in a crisis, the Financial Times reported.
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Lloyd's of London sees $3.8 billion disaster hit

The Lloyd's of London insurance market will take a $3.8 billion hit from earthquakes and floods in the first quarter, and predicted the high level of catastrophe claims will lift insurance prices this year.
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World stocks, euro rise after upbeat growth data

World stocks rose Friday and the euro rose from a six-week low against the dollar as upbeat German and French growth data and favorable European corporate earnings prompted investors to buy back risky assets.

Pakistan twin bomb blasts (Photos)

Pakistani Taliban on Friday carried out its first major strike to avenge the death of al Qaeda leader Osama bin Laden by U.S. security forces in Pakistan earlier this month.

Google Moves Could Be Good For Apple: Analyst

Barclays Capital continues to believe Google Inc.'s (NASDAQ: GOOG) moves could actually be a good thing for Apple Inc. (NASDAQ: AAPL). The brokerage reiterated its overweight rating on shares of Apple with a price target of $465.
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Brazil to slap barriers on car imports

Brazil will apply non-tariff trade barriers on cars in an effort to protect domestic manufacturers, the government said on Thursday, in a new example of escalating protectionism in South America.

Osama’s diary reveals US attack prime on his mind

“You've got to focus on the US and the West,” Osama wrote in the journal seized during the U.S. raid at Abbottabad mansion. It reveals that the slain Al-Qaeda leader was preoccupied with attacking the United States over all other targets.
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SEC eyes charges against mortgage bond players: report

Settlement agreements being hammered out by securities regulators and securities firms accused of fraud in mortgage bond deals are likely to include civil charges against at least one person connected to each deal, the Wall Street Journal said, citing people familiar with the matter.
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Nordstrom outlook a wrinkle in retail results

Nordstrom Inc forecast 2011 profit below analysts' view on charges related to its HauteLook acquisition, the first wrinkle in an otherwise smooth string of profit reports from department stores, which have been buoyed by consumers' willingness to spend.

Top Osama bin Laden jokes

Jokes on dreaded (and deceased) terrorist Osama bin Laden have flooded the Internet ever since U.S. President Barack Obama announced that U.S. special ops forces stormed his hideout in Abbottabad, Pakistan, and killed him. Of the several hundreds of jokes on the Al Qaeda leader, these 20 jokes take the cake.

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