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China gold as Koreans disqualified

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Joy turned to despair for South Korea on Wednesday when their victory lap was cut short by news of their disqualification gifting China the Olympic gold in the women's short track 3,000 meters relay.

Durable goods orders surge in January

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New orders for long-lasting U.S. manufactured goods rose more than expected in January as civilian aircraft bookings soared, but slipped excluding transportation, government data showed on Thursday.
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Hockey gods and bobs make it Canada's day

The Canadian men restored order in their Olympic ice hockey house and headed to the semi-finals after a 7-3 rout of Russia on Wednesday, a day of redemption and medal manna from heaven for the host nation.
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U.S. health summit goes live, deal unlikely

After more than a year of debate on health care reform, President Obama has convened top political leaders in Washington today for a six-hour televised discussion likely to reveal to an even wider audience already firmly entrenched opposing views.
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Obama hosts summit to rescue health bill

After months of heated battle over healthcare reform in the Congress, leaders in both parties held out little hope for compromise at a bipartisan meeting that will provide a national stage for the arguments fueling the long-running debate.
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A bottle of pills to kick the bottle

In the United States alone there are probably around 36 million Darryls, according to the National Institute on Alcohol Abuse and Alcoholism (NIAAA), which created the character, played by an actor on its website to help train doctors.
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Swiss say will no longer accept untaxed money

Switzerland will no longer accept untaxed money into its banks as it tries to ease pressure on its $2 trillion offshore banking industry from key trading partners seeking to boost tax revenues, it said on Thursday.
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Wall Street set to fall on jobless data

Wall St was set for a lower open on Thursday after rating agencies said they may downgrade Greece's sovereign debt, reigniting worries over possible defaults in the euro zone, and an increase in jobless claims fueled concerns about the U.S. economy.
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Durable goods orders slip, jobs data weak

New orders for long-lasting U.S. manufactured goods excluding transportation unexpectedly fell in January, while the number of workers filing for jobless benefits rose last week, suggesting a loss of momentum in the pace of economic recovery.
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Coca-Cola close to buying its largest bottler

Coca-Cola Co is in talks to buy most of its largest bottler for roughly $15 billion, including debt, marking a shift in its strategy to keep its bottling operations separate, a person familiar with the situation said on Wednesday.
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Stock futures lower after Greece downgrade fears

U.S. stock index futures fell on Thursday after rating agencies said they may downgrade Greece's sovereign debt, reigniting concerns over possible defaults in the euro zone that have dogged markets recently.
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China's military warns Washington, denies hacking

China's military warned the United States on Thursday to speak and act cautiously to avoid reigniting tensions between the two powers, denying the People's Liberation Army played a part in Internet hacking.
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Futures lower after Greece downgrade fears

U.S. stock index futures fell on Thursday after rating agencies said they may downgrade Greece's sovereign debt, reigniting concerns over possible defaults in the euro zone that have dogged markets recently.
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Microsoft wins court approval to topple botnet: WSJ

Software giant Microsoft Corp has won a U.S. court approval to deactivate a global network of computers that the company accused of spreading spam and harmful computer codes, the Wall Street Journal said.

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