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'Slumdog' is tops at Golden Globes (Full winners list)

The winners at the 66th annual Golden Globes on Sunday held by the Hollywood Foreign Press Association in Beverly Hills, CA.

Love drugs a possibility one day, researcher

Researchers are attempting to discover the chemical processes that allow people to experience emotions, including what people describe as love.

Obama selects CIA director Leon Panetta

Leon Panetta a former eight-term congressman from California has been a former chairman of the House Budget Committee, budget director and Clinton White House chief of staff and recently member of the bipartisan Iraq Study Group was the choice that President-elect Barack Obama made for Director of Central Intelligence Agency , according to media reports Monday.

Obama's team polishing economic stimulus measure

President-elect Barack Obama's transition team is putting the finishing touches on an economic recovery plan that could run from $675 billion to $775 billion.

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Brocade settles backdating suit for $160 million

Brocade Communications Inc has settled a class-action lawsuit over backdating of stock options for $160 million.

Wal-Mart Launches Online Classified Ads, Challenges Craigslist and Kijiji

Wal-Mart Stores Inc., the largest US retailer, launched a free Internet classified ad service on Monday in an alliance with Oodle.com, a California start-up that is seeking to challenge the dominance of Craigslist and eBay-owned Kijiji.

This Week In Petroleum - May 29

Good, Better, and Best-A Comparison of Weekly, Monthly, and Annual Data When buyers are confronted with a major purchase, they often weigh their options by considering whether to buy a good, better, or best product. All

Microsoft, Yahoo in partnership talks: Yang

Software giant Microsoft Corp is discussing ideas for partnerships with Internet portal Yahoo but it is not interested in an acquisition, Yahoo's chief executive said.

Microsoft to include touch-screen capability for nex-gen windows

Microsoft will include touch screen controls for the next generation of the Windows operating system.

Jamba Swings to 1Q Loss

Jamba Inc., the owner of the Jamba Juice smoothie-store chain, on late Tuesday reported a first-quarter net loss as operating expenses rose.

This Week In Petroleum - May 21

Despite cool weather along the East Coast over the past several weeks, Memorial Day weekend, the unofficial start to the summer driving season is upon us. Some may interpret recent increases in gasoline prices as yet another manifestation of a

Intuit Profit Tops Estimates, Boosts Yearly Outlook

Intuit Inc posted higher quarterly profit on Tuesday, which includes the tax season, boosted by strong demand for its TurboTax tax preparation software and its QuickBooks accounting software.

Google Launches Beta Health Service

Google Inc. officially launched its Google Health on Monday which offers the general public electronic access to their PHRs (personal health records) and other health-related information.

Pioneering Winemaker Mondavi Dies at 94

Pioneering winemaker Robert Mondavi, who helped put Californian Cabernets and Chardonnays on the world's wine-tasting map, died Friday at the age of 94.

Wal-Mart Counters Tesco's Presence in the U.S. with New Marketside Stores

Wal-Mart is planning to prepare and serve fresh food at delicatessen counters in its new Marketside convenience stores, in a bit to compete with Tesco's Fresh & Easy offering.

Comcast Buys Social Network Firm Plaxo

Comcast Corp. said that it reached an agreement to Plaxo Inc., which operates an online address book and a social network called Pulse and provided the basis for other popular social networking sites, including Facebook and Friendster.

Natus Medical Plans to Offer $3.5 Million Common Shares

Natus Medical Inc. developer and manufacturer of medical devices fore newborns said Tuesday it is planning to make a public offering of 3.5 million common shares.

JM Smucker Acquired Knott's Berry Farm from ConAgra Foods

J.M. Smucker Company reported on Tuesday it has acquired the Knott's Berry Farm from ConAgra Foods, Inc. for an undisclosed amount.

California, Florida consumers are loss leaders for Bank of America

California and Florida are driving losses in Bank of America's global-consumer and small business banking segment, said the president of the unit on Tuesday.

World begins to smart from oil's too rapid rise

From the poorest of Africa to the United States and big business, a breakneck rally that could take oil to $200 a barrel is likely to inflict pain on everyone.

Activision Shares Soar on Strong Game Sales

Activision Inc shares soared to an all-time high on Friday a day after the video game firm reported first quarter sales which far exceeded analysts' expectations.

Tech stocks rise; AMD on track

Technology stocks rose on Thursday the day after AMD said it was on track with profitability goals.

Natural Gas Weekly Update - May 8

Since Wednesday, April 30, natural gas spot prices increased at most markets in the Lower 48 States. Prices at the Henry Hub rose 27 cents per million Btu (MMBtu), or about 2.5 percent, to $11.08 per MMBtu.

AMD Plans New Processors with Six, Twelve Cores

AMD Inc, the world's second largest chipmaker, announced updated plans for new computer server processors on Wednesday, including versions with six and twelve processing cores.

Cisco 3Q Profit Dips, Sales Top Analysts Estimates

Cisco Systems Inc., the world's largest maker of networking equipment, said third-quarter profit declined on acquisition costs, but adjusted earnings and revenue topped Wall Street's expectations.