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Tesla's Musk to stay CEO through Model S launch

Tesla Motors Chief Executive Elon Musk said on Tuesday that he will remain in the company's top job at least through the 2011 launch of its second model, an electric sedan known as the Model S.

California misses budget deadline, readies IOUs

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California's lawmakers failed to agree on a balanced budget by the start of its new fiscal year on Wednesday morning, clearing the way to suspend payments owed to the state's vendors and local agencies, who instead will get IOU notes promising payment.
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Michael Jackson gets more bizarre after death

Bizarre in life, Michael Jackson's complex personal affairs are taking even stranger twists in death, with sketchy reports on Tuesday of plans for an elaborate public memorial and questions over the parentage of his children.
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Amazon shuts Web associates as sales taxes looms

Online retailer Amazon.com is pulling the plug on its Internet associates program in Rhode Island in retaliation for potentially having to pay a new sales tax to the state, its second such move in a week.
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Layer Zero Solutions seen at Cisco Live 2009

Ortronics/Legrand Showcases Layer Zero Solutions, an additional layer to the traditional network architecture that adds strength at the ongoing event of Cisco Live 2009 in San Francisco, California.
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Farrah Fawcett funeral to be held Tuesday

Farrah Fawcett's funeral will be held at the Catholic Cathedral of Our Lady of the Angels in Los Angeles, California on Tuesday, Reuters reported citing church officials.
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Google launches Africa SMS service

Google on Monday launched a new search service designed to provide users with information via SMS text message to mobile phone users in Africa.
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Apple CEO Steve Jobs returns to work

Apple Inc Chief Executive Steve Jobs is back at work following a near 6-month medical leave, although he will work at least initially from home for a few days a week, the company said on Monday.
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Jackson's final hours puzzle doctor, family

Both Michael Jackson's family and his personal physician were at pains to explain on Sunday what caused the troubled pop star's sudden death weeks before his long-awaited comeback.
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Doctor queried in Michael Jackson death

Los Angeles police on Saturday again questioned Michael Jackson's doctor, while the family of the pop music icon ordered its own private autopsy two days after his death shocked fans around the world.
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U.S. regulators close four small banks

U.S. regulators closed four small banks on Friday -- two in Georgia, one in Minnesota and one in California, bringing the total of U.S. bank failures to 44 this year.
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Pelosi voices optimism about 'cap and trade' vote

As President Obama announced Friday that climate change legislation as enormous progress in the U.S. Congress history, the House Speaker Nancy Pelosi said the 1,200-page environment and energy bill will pass following a successful test vote earlier on Friday.
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Jackson family gathers to mourn death

Hours after the news of the king of pop's death was revealed on Thursday afternoon, the families of Michael Jackson gathered at the home of his parents, Joe and Katherine Jackson to mourn his death, in nearby Encino, California.
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Farrah Fawcett, 1970s sex symbol, dies aged 62

Actress Farrah Fawcett, the Charlie's Angels television star whose big smile and feathered blond mane made her one of the reigning sex symbols of the 1970s, died on Thursday after a long battle with cancer. She was 62.
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Michael Jackson's missing doctor found: TMZ

Michael Jackson's doctor has been identified as Dr. Conrad Robert Murray and is now preparing to speak with law enforcement officials regarding Michael Jackson's death, according to celebrity site, TMZ.
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Jackson leaves hefty debts, unrealized comeback

Along with a vast musical legacy and legions of adoring fans, pop superstar Michael Jackson leaves behind a mountain of debt and an unfulfilled comeback many hoped would rake in millions and erase his financial troubles.
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Mystery surrounds Michael Jackson's sudden death

One day after Michael Jackson's sudden death, speculation was already turning on Friday to what killed the 50-year-old King of Pop just weeks before his long-awaited series of comeback concerts.

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