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NASA MESSENGER Unveils New Images of Mercury

NASA has released new images from a spacecraft showing a side of Mercury which has never been seen before.NASA/Johns Hopkins University Applied Physics Laboratory/Carnegie Institution of Washington
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Sprint Cuts 4,000 Jobs, Shares Down

Wireless phone company Sprint Nextel Corp. on Friday fell the most in 25 years in trading after announcing plans to cut 4,000 jobs and close 125 retail locations in a bid to manage slowing subscriber growth, profit and sales.
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Asia private equity funds jumped in '07 -journal

Asia's private equity industry largely shrugged off last year's global credit crunch, with assets under management, fundraising and investment rising at double-digit levels, an industry publication said on Friday.
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Chinese banks' bad loans drop, focus now on strategy

China's banking regulator on Friday laid out its priorities for 2008, saying that it would focus on helping commercial banks sharpen their operations by improving their strategic planning, innovation and services.
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UBS to revamp investment bank

UBS, the biggest European casualty of the U.S. subprime crisis, said it was shrinking its investment banking business, cutting staff and drastically scaling down its exposure to risky investments.
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GE Profit Meets Expectations

General Electric Co posted a 4 percent rise in net profit Friday, meeting Wall Street estimates on strong global demand for its infrastructure unit and film division. Earnings from continuing operations totaled 68 cents per share in the latest period, up from 58 cents in the prior-year quarter. The second-largest U.S. company by market capitalization said its revenue rose 18 percent to $48.59 billion from $41.28 billion a year ago.
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Cell phones and virtual worlds morphing shopper ways

Virtual worlds, mobile coupons and bar-code readers on cell phones are the next technology wave that U.S. chain stores must ride if they hope to stay competitive in the fast-changing world of global retail.
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Video Game Sales Jump 34 Pct

Sales of video games jumped in the U.S thanks to a strong holiday season new data reveals, with Nintendo dominating rivals through 2007.
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Nintendo Reigns Supreme in 2007

Sales of video games jumped in the U.S thanks to a strong holiday season new data reveals, with Nintendo dominating rivals through 2007. The Nintendo Wii outsold competitors in December, coming in with sales of 1.35 million units for the month compared to 1.26 million units for the Xbox 360 and 797,600 units for the PlayStation 3 according to market data released by NPD.
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Dollar Falls After Fed Chief's Comments

The dollar fell on Thursday after comments by Federal Reserve Chief Ben Bernanke echoed a statement made earlier this week signaling that the Federal Reserve would continue to cut interest rates, reducing the attractiveness of deposits in the currency.
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U.S. Stocks Drop on Merrill Loss, Bernanke News

U.S. stocks fell on Thursday after Federal Reserve Chairman Ben Bernanke said that the economic outlook has worsened and Merrill Lynch & Co. reported the a big loss related to the struggling mortgage lending market.
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Fed Chief Bernanke Backs Quick Fiscal Stimulus

Federal Reserve Chairman Ben Bernanke said Thursday he backs a quickly implemented fiscal stimulus package to complement the Fed's monetary policy aimed at boosting the slowing U.S. economy.

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