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Wall Street cool on rumored Google phone launch

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Google Inc is expected to unveil its highly anticipated Nexus One smartphone on Tuesday, marking a first foray into an increasingly crowded market that could shape the future of the company's advertising business.
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Recovery bets lift Wall Street as 2010 starts

Stocks climbed broadly on Monday after a report showed the manufacturing sector expanded for a fifth straight month, lifting confidence in the global economy as investors eye fourth quarter earnings.
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EIA Report 30/12/2009

The U.S. average price for regular gasoline increased two cents to $2.61 per gallon, $0.99 higher than the price a year ago. With the exception of the Rocky Mountains, prices rose in all regions of the country. The price on the East Coast inched up about a penny to $2.60 per gallon. The largest increase occurred in the Midwest, where the price rose more than three cents to $2.56 per gallon. On the Gulf Coast, the average grew over two cents to $2.47 per gallon. In the Rocky Mountains, the averag...
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5 Most Unique New Year’s Eve Drops

Can't make it to the dropping of the ball in New York City's Times Square on New Year's Eve? Don't worry, there might be one closer to home and far more interesting to boot.
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Google steals CES spotlight, and a page from Apple

When it comes to blockbuster product introductions, Apple is king. So it's not surprising that Google, which is looking to challenge Apple's iPhone dominance, is stealing a page from the Steve Jobs & Co. playbook.
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Stock futures set to dip; financials eyed

U.S. stock index futures pointed to a lower open on Wall Street on Wednesday, with futures for the S&P 500 down 0.2 percent, Dow Jones futures down 0.1 percent and Nasdaq 100 futures down 0.1 percent at 4.30 a.m. ET.
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Florida county puts foreclosure sales online

Florida's Miami-Dade County will start using the Internet next month in a bid to help auction off tens of thousands of delinquent properties that have put it on the frontlines of the U.S. foreclosure crisis.
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Tiger Woods scandal cost shareholders up to $12 billion

The sex scandal that engulfed Tiger Woods may have cost shareholders of companies endorsed by the world's No. 1 golfer up to $12 billion in losses, according to a study by two economics professors from the University of California, Davis.
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Eight reasons to visit South Africa during the World Cup

Every four years, the World Cup, perhaps the most popular sporting even in the world, draws in hundreds of thousands of fans from around the globe. Next year, South Africa will become the first nation on the African continent to play host to soccer’s premier tournament. For travelers in search of an epic trip next year, consider joining the hundreds of thousands of soccer pilgrims set to make the...
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3PAR shares jump on Barron's M&A comments

Shares of 3PAR Inc rose 15 percent Monday on a report in Barron's that the data storage company is setting itself up as an attractive takeover target for larger tech companies.
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Travel Picks: Top five wine hotels

Whether you're an old-world aficionado or new-world evangelist, there's a vineyard hotel out there for you. Boutique hotel website Mr & Mrs Smith (www.mrandmrssmith.com) lists the world's best hotels for wine lovers.
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Wells Fargo Bank sues Lone Star Funds over 2007 Accredited deal

Wells Fargo Bank sued Lone Star Funds [LS.UL] alleging that the private equity firm, which won the bid to buy Accredited Home Lenders Holding Co in 2007, implemented a deliberate scheme to purchase the firm for significantly less than the auction price
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Pilgrims crowd Bethlehem on warm Christmas eve

Thousands of Christians crowded into Bethlehem on an unseasonably warm Thursday evening, before celebrating Christmas midnight mass in the Church of the Nativity at the birthplace of Jesus.
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Pacific Capital may sell tax unit to pvt equity fund

Loss-making lender Pacific Capital Bancorp (PCBC.O) signed a letter of intent to sell its tax division to a private equity fund, as its regulators barred it from originating any refund anticipation loan in 2010.
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MGIC shares fall on insurance denial complaint

Shares of MGIC Investment Corp fell nearly 10 percent, a day after the largest U.S. mortgage insurer said two units of Bank of America Corp filed a complaint for declaratory relief against it in the Superior Court of the State of California.
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Fund manager Shaughnessy ignores her index

Maura Shaughnessy, manager of the MFS Utilities fund, has bicycled across New Zealand and Italy and in the Grand Canyon, not to mention completing an annual 192-mile charity ride in Massachusetts 16 times.
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Telefonica buys Internet phone provider Jajah

Spain's Telefonica (TEF.MC) said on Wednesday its O2 unit had bought voice-over-Internet-protocol provider Jajah for 145 million euros ($207.6 million). The all cash deal is subject to approval by Spain's antitrust authorities, Telefonica said.

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