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Jason Richardson re-lists his Oakland home for $1.95 mln

Jason Richardson, an American professional basketball player for the Orlando Magic of the National Basketball Association, has re-listed his Oakland, CA home for $1.95 million, which is less than his initial asking price from 2008.

Lawsuit accuses Google of stealing trade secrets

NEW YORK, Feb 14 - Technology communications company VoIP Inc sued Google Inc. in New York Supreme Court on Monday, accusing the Internet giant of stealing its trade secrets related to online voice technology.

Obama would end subsidies to wealthiest farmers

President Barack Obama called for the elimination of farm subsidies to the wealthiest farmers in his new budget plan on Monday, arguing that the payments distort the farm sector and even pay some farmers that grow no crops.

Gates plays down Afghan troop figures in budget

Defense Secretary Robert Gates played down the accuracy of troop figures outlined in a budget request unveiled on Monday, saying the pace of the upcoming drawdown in Afghanistan was still unclear.

Obama budget attacks deficit, fight looming

President Barack Obama on Monday proposed halving the U.S. deficit by 2013 and cutting $1.1 trillion over the next decade in a budget he called a downpayment on fiscal control.

UPDATE 2-Obama budget targets brand name medicines

Big pharmaceutical companies could face increased competition from generic drugmakers under two proposals put forth by the Obama administration on Monday despite earlier savings extracted from drugmakers as part of last year's healthcare law.

Calpers shifts property focus to private deals

The board of Calpers, the biggest U.S. public pension fund, voted on Monday to drop real-estate stocks from its property portfolio by eliminating real estate investment trust holdings and focusing instead on private transactions.

Twitter dismisses reports of Google interest

Reports that Google has held takeover talks with Twitter that value the microblogging site at as much as $10 billion are just a rumor, Chief Executive Dick Costolo said on Monday.

DOE moving ahead on Chrysler loans: Chu

Chrysler Group LLC's application for federal loans is moving ahead and will not be affected too much by proposed cuts in the Obama administration's budget, the head of the U.S. Department of Energy said on Monday.

U.S. lawsuits against China companies face hurdles

NEW YORK, Feb 14 - As more Chinese companies trade on U.S. stock exchanges, investors are increasingly suing them for securities fraud in U.S. courts -- and slamming into a host of legal and bureaucratic barriers.

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