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JPMorgan's Dimon complains to UK over bonus tax

JPMorgan Chase & Co Chief Executive Jamie Dimon called British Finance Minister Alistair Darling earlier this month to say Britain's 50 percent tax on bankers' bonuses punishes the bank unfairly, a person close to the bank said.
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Facebook, Twitter top list of weird stories in 2009

From the German town that unwittingly advertised pornography on its website to the American who interrupted his wedding to update his Facebook and Twitter accounts, the world was full of weird stories in 2009.
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Nokia opens new patent battle against Apple

The world's top mobile phone maker Nokia launched a new patent broadside against Apple, escalating a battle for control of the smartphone market that has already led to a flurry of lawsuits.
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TMZ tricked by JFK hoax

TMZ posted a blog yesterday titled The JFK Photo That Could Have Changed History which showed a never-before published photograph with John F. Kennedy frolicking on a boat filled with naked women which the site says the photo could have altered world events. It turns out it was a hoax that TMZ fell for.
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Kazakhstan eyes stake in BG, Eni gas venture

Kazakhstan is in talks with a group of foreign companies led by BG (BG.L) and Eni (ENI.MI) to buy a stake in their Kazakh gas condensate project Karachaganak, Prime Minister Karim Masimov said on Tuesday.
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Detroit scare sparks debate on full-body scanners

Technology exists that might have detected explosives hidden in the underwear of a Nigerian man accused of trying to blow up a plane over Detroit, but cost and privacy worries have until now prevented its widespread use.
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Home prices flat after five months of gains

U.S. home prices were unchanged in October, according to the widely watched Standard & Poor's/Case-Shiller indexes released on Tuesday, indicating stabilization in the hard-hit housing sector though the figures dashed hopes for a sixth straight monthly increase.
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Air pollution may lessen asthma inhaler benefits

Air pollution, which tends to inflame the airways in people with asthma, might also reduce the effectiveness of the rescue inhalers they count on for quick relief of their asthma symptoms, study findings hint.
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Pilgrim's Pride bucks trend in classic turnaround

Last year, turnaround expert William Snyder was sitting across a table from legendary U.S. chicken entrepreneur Lonnie Bo Pilgrim, explaining the drastic steps that would be necessary to rescue his 63-year-old company from possible liquidation.
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Consumer confidence at three-month high in December

U.S. consumer confidence improved more than expected in December, hitting a three-month high as job market pessimism eased and consumers' expectations reached a two-year high, according to a private report released on Tuesday.
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Retail holiday sales improve after dismal 2008

U.S. retailers performed better during the holiday shopping season this year than in historically dismal 2008, in line with lowered expectations, according to data released on Monday.
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RUSAL IPO attracts heavyweight investors: sources

UC RUSAL has secured a member of the Rothschild family as well as one of southeast Asia's richest men as investors in an IPO that could value the indebted aluminum firm at nearly $27 billion, sources said on Tuesday.
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Obama assures Americans after failed plane attack

President Barack Obama assured Americans on Monday the United States will defeat those behind an attempt to blow up a U.S. airliner and sought to blunt criticism that his response to the incident was slow.
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Thousands mourn Pakistan bomb victims

Several thousand mourners attended funerals on Tuesday for victims of a suicide bombing that killed 43 people in Pakistan's commercial capital, an emotional reminder of a raging Taliban insurgency.
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Employers see uptick in hiring in 2010

U.S. employers expect to hire more new workers in 2010 than they did in 2009, a sign the U.S. recession may be easing its grip, research showed on Tuesday.
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ING sells stake in Chinese insurer Antai to CCB

Dutch ING, which is splitting up its bank and insurance arms, will sell its stake in Chinese insurer Antai to China Construction Bank (CCB) as part of its ongoing restructuring programme.

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