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Olympus Accounting Tricks Queried Back in 1990s

An investment banker raised concerns about dubious accounting at Japan's disgraced Olympus Corp as long ago as the 1990s, after he discovered it was using Bermuda-based funds to invent assets and patch up its balance sheet, he told Reuters.

Online Auction Added to Elizabeth Taylor Sale

Fans of Elizabeth Taylor will have a chance to buy an item from the vast collection of the Hollywood actress when Christie's sells nearly 1,000 lower-priced pieces in a special online auction.

Meryl Streep Promotes Thatcher Biopic in London

Actress Meryl Streep unveiled a poster in London on Monday promoting her upcoming big-screen portrayal of former British Prime Minister Margaret Thatcher, which one early review described as magnificent.

Buffett Builds $10.7 Billion Stake in IBM

Warren Buffett said his Berkshire Hathaway Inc has accumulated a 5.5 percent stake in IBM, the billionaire investor's biggest bet in the technology field he has historically shunned.

James Murdoch 'Kept in Dark' on Hacking: Report

News Corp's James Murdoch was kept in the dark about the scale of phone hacking at the News of the World by his subordinates who tried to manage the problem, the newspaper's former chief reporter said on Monday.

Amazon, Microsoft Catch on, BlackBerry Falls: Survey

Amazon.com's Kindle Fire tablet and Microsoft's efforts to get back into the mobile game have impressed developers, a survey released on Monday showed, while BlackBerry maker Research In Motion fell further behind.

Orbital Solar Power Plants Touted for Energy Needs

The sun's abundant energy, if harvested in space, could provide a cost-effective way to meet global power needs in as little as 30 years with seed money from governments, according to a study by an international scientific group.

Oprah Winfrey Receives 'Unimaginable' Oscar

Oprah Winfrey received an honorary Oscar for her charitable work on Saturday in what she called an unimaginable moment for a black woman who grew up poor in Mississippi and rose to the top of Hollywood stardom.

Fire Retardants May Not Harm Newborns' Thyroids

Despite concerns that common fireproofing chemicals could disrupt thyroid function in developing fetuses, a new study finds no link between thyroid hormone levels and flame retardants in the blood of newborn babies.

Obama Seeks to Hitch U.S. Economy to Asian Growth

With Europe mired in crisis, President Barack Obama is launching a charm offensive this week to hitch the U.S. economy to opportunities in Asia he hopes can help power the recovery he needs for re-election.

Telefonica 9-Month Net Weak as Tough Market Bites

Spanish telecoms giant Telefonica (TEF.MC) stuck doggedly to ambitious shareholder return targets on Friday even while 9-month profit fell a more-than-expected 69 percent in what the group described as a challenging operating environment.

Chipmaker Nvidia's Quarterly Results Beats Street

Nvidia Corp's third-quarter results beat estimates as the chipmaker refocused on smartphones and tablets in a tepid personal computer market, although its revenue forecast was a bit lower than expected.

California Oct. Revenue Misses Forecast by $810.5 mln

California's revenue in October came in $810.5 million below its projected level in the state budget, increasing pressure on its leaders to impose more spending cuts to keep the state's books balanced, the state controller said on Thursday.

WiLAN's 759 Patent Validated in U.S.

Canadian patent licensing firm WiLAN Inc said the U.S. Patent and Trademark Office (PTO) validated most of the claims in one of its key patents, bringing a re-examination process that began in January closer to completion.

Piers Morgan Leaving 'America's Got Talent'

Piers Morgan announced he is leaving his judge's seat on America's Got Talent next season in order to focus on other upcoming news events like the 2012 U.S. presidential election.

Jackson's Doctor Says Unaware Singer Had Addictions

The doctor convicted of involuntary manslaughter in Michael Jackson's death insists he was not the cause of the singer's death and denied that he was aware Jackson had an addiction problem when he began treating him.

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