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Suspect in Letterman extortion pleads not guilty

A television producer accused of trying to extort $2 million from talk show host David Letterman by revealing his sexual affairs pleaded not guilty to charges of attempted grand larceny on Friday.

Ford Canada labor talks aim to cut $16/hr gap

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Labor costs at Ford Motor Co (F.N) are about $16 an hour higher in Canada than in the United States, the Canadian Auto Workers confirmed on Friday, but union said it needs guarantees on production levels before it agrees to concessions to level the field.

Black Eyed Peas match Mariah Carey record on chart

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With its 14th week at the summit of Billboard's Hot 100 singles chart, the Black Eyed Peas' I Gotta Feeling matched Mariah Carey's 2005 hit We Belong Together for the longest No. 1 stay this decade.
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U.S. jobless rate hits 26-year high of 9.8 percent

U.S. employers unexpectedly cut more jobs in September than in August, underscoring the fragility of the economy's recovery from its worst recession in 70 years as businesses remain cautious about the future.
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Circus tycoon clowns around after space docking

Canadian circus billionaire Guy Laliberte, dubbed the first clown in space, arrived at the International Space Station in a Russian space craft on Friday on a 10-day trip that cost over $35 million.
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G7 better forum for discussing forex--BOJ governor

Group of Seven financial ministers and central bank governors will likely discuss the economic and financial developments that are behind recent currency moves at their meeting this weekend, Bank of Japan Governor Masaaki Shirakawa said on Friday.
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Tate museum pulls young Brooke Shields nude image

Britain's Tate Modern gallery said on Thursday it had closed a room at its new blockbuster exhibition that contains a naked image of actress Brooke Shields aged 10, after police launched an investigation.
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Consumer bankruptcies soar in September

Consumer bankruptcies soared 41 percent in September from a year before and climbed from August, as high unemployment and the housing market crash took their toll, the American Bankruptcy Institute said on Friday.
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U.S. consumer bankruptcies soar in September

Consumer bankruptcies soared 41 percent in September from a year before and climbed from August, as high unemployment and the housing market crash took their toll, the American Bankruptcy Institute said on Friday.
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Southern Union to pay $18 mln for mercury storage

The Southern Union Co, which once owned the New England Gas Company, was sentenced on Friday to pay a $6 million criminal fine and $12 million to community initiatives for illegally storing mercury at a Rhode Island site, the U.S. Justice Department said.
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ElBaradei bound for Iran to pin down Geneva accord

The head of the U.N. nuclear watchdog will head to Iran this weekend to pin down an Iranian pledge, made at talks with big powers on Thursday, to open a newly revealed uranium enrichment site to inspections.
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Santander IPO no bargain, but demand seen strong

As the largest initial public offering on a U.S. exchange in 18 months, the closely watched share sale of Banco Santander (Brasil) will likely attract plenty of demand next week even as some investors balk at the price of the stock.
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Time Warner not interested in NBC

Time Warner Inc Chief Executive Jeff Bewkes said on Friday the media conglomerate is not interested in buying General Electric Co's NBC Universal.
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E-readers seen as holiday hit

Electronic readers could be the hottest gift this holiday season as a new crop of portable media devices begins to join iPods and other music players as must-have tech accessories.
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BofA's CEO search panel heavy on Fleet veterans

Bank of America Corp's six-member CEO search committee includes three former directors of FleetBoston Financial Corp, a sign the bank's Boston connection may take a stronger role in setting future strategy.
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Wall Street flat as jobs data offset by tech, banks

U.S. stocks were little changed on Friday and on track for their second straight week of losses as disappointment over weak jobs data waned and as brokers' positive comments lifted technology and financial companies.

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