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Jackson film rakes in over $250 million worldwide

Sony Pictures on Thursday said global ticket sales for its movies have neared $3.4 billion, beating a studio record with a range of films such as Michael Jackson's This Is It, which raked in more than $250 million worldwide.

Rudolph the Reindeer outshines TV competition

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Shiny-nosed Rudolph proved the biggest draw on U.S. television Wednesday night as the 1964 animated Rudolph the Red-Nosed Reindeer beat Grammy nominees Black Eyed Peas and Aretha Franklin at New York's Rockefeller Center Christmas tree lighting.
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November U.S. jobs data boosts recovery hopes

U.S. employers cut far fewer jobs than expected last month in the best showing for the labor market since the recession began, boosting the U.S. dollar and global stock prices on hopes for a strong economic recovery.
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No new Russia-U.S. arms pact yet as treaty expires

The presidents of Russia and the United States on Friday pledged to keep working for a deal to reduce arsenals of Cold War nuclear weapons, as an existing treaty expired, but did not announce any new agreement.
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Hepatitis C Drug Fights Virus in New Way

A drug that targets hepatitis C in an entirely new way was highly effective at suppressing the virus in chimpanzees and kept working for several weeks after the treatment stopped, U.S. researchers said on Thursday.
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Russia says U.S. arms deal close as deadline looms

Russia and the United States are close to a deal to cut vast arsenals of nuclear weapons, Russia said Friday, as the world's two biggest atomic powers rush to replace a Cold War treaty that expires at midnight.
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U.S. factory orders, inventories rise in October

Inventories at U.S. factories increased for the first time in more than a year in October, while factory orders also rose an unexpected 0.6 percent, the Commerce Department said on Friday, in signs the manufacturing sector is returning to health.
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Somali rebels deny they carried out suicide bombing

A spokesman for Somalia's al Shabaab rebels denied on Friday that the group was behind a suicide bombing at a medical graduation ceremony that killed at least 22 people, including three government ministers.
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Playing catch-up, new wind power firms head offshore

On a small beach on South Korea's popular honeymooning island of Jeju a large blade spins against a cloudy sky, a noisy oddity for locals but a source of hope for emerging wind power gear makers eyeing a niche market.
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Iran rejects IAEA transparency demand on atom sites

Iran said it will provide the U.N. nuclear watchdog with the bare minimum of information about its plan to build 10 new uranium enrichment plants, a stance sure to stoke Western suspicions about its atomic agenda.
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U.S. job data gives boost to recovery hopes

U.S. employers cut far fewer jobs than expected last month in the best showing for the labor market since the recession began, boosting the U.S. dollar and global stock prices on hopes for a strong economic recovery.
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Senate boosts preventive care for women

The U.S. Senate backed a plan on Thursday to make it easier for women to get preventive health screenings such as mammograms as it cast its first votes on a sweeping healthcare overhaul.
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RBC profit rises, matches expectations

Royal Bank of Canada said on Friday that quarterly profit rose 10 percent as strong domestic banking offset losses in its big U.S. operations, but the results were not as impressive as rivals have reported.
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China wind firm, shipbuilder brave tough IPO mkt

Asia's largest wind power generator, Longyuan Power Group Corp, and China's biggest shipbuilder, China Shipping Industry, will each raise over $2 billion in initial public offerings in Hong Kong and Shanghai, testing market appetite strained by a glut of recent listings.
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U.S. non-farm payrolls fall 11,000 in November

U.S. employers cut a far fewer-than-expected 11,000 jobs in November, the smallest decline since the start of the recession in December 2007, government data showed on Friday, strongly suggesting the deterioration in the labor market was in its final stages.
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U.S. non-farm payrolls fall by 11,000 in November

U.S. employers cut a far fewer-than-expected 11,000 jobs in November, the smallest decline since the start of the recession in December 2007, government data showed on Friday, strongly suggesting the deterioration in the labor market was in its final stages.

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