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Euro Hits Highest Level in Nearly 3 Weeks

Workers maintain the huge Euro logo in front headquarters of ECB in Frankfurt
The euro hit its highest level in nearly three weeks against the dollar on Monday on tentative optimism that Greece will cut a deal with its creditors on a debt swap, prompting a squeeze in short positions.
Workers maintain the huge Euro logo in front headquarters of ECB in Frankfurt

Euro Hits Highest Level in Nearly Three Weeks

The euro hit its highest level in nearly three weeks against the dollar on Monday on tentative optimism that Greece will cut a deal with its creditors on a debt swap, prompting a squeeze in short positions.
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Google Black out in protest against SOPA

Technology Focus: The SOPA Soap Opera

After global protests on Wednesday which saw darkened Websites like Wikipedia and BoingBoing and a “virtual” strike by Google, on Friday SOPA, a creature of the U.S. House of Representatives, and PIPA, in the Senate, were essentially smothered.
Traders in the Corn options pit at the CME Group signal orders shortly before the closing bell in Chicago, February 11, 2011.

Commodity-Speculation Lawsuit Dismissed by Federal Appeals Court

An appeals court in Washington has dismissed a lawsuit by the financial industry challenging new federal regulations aimed at cracking down on speculation in commodities markets, a move that will likely delay a decision about whether the rules pass muster.
The entrance of the Dotcom Mansion, home of accused Kim Dotcom, is seen in Coatesville

Megaupload.com a Story of Dotcom Boom and Bust

Kim Dotcom, also known as Kim Schmitz and Kim Tim Jim Investor, spent his 38th birthday on Saturday in a New Zealand jail after 70 police personnel raided his country estate at the request of the U.S. FBI, which alleges Dotcom masterminded a criminal -- and highly profitable -- copyright-infringement operation.
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Florida State Beats Duke with Dramatic Buzzer Beater [VIDEO]

Duke was hoping to tie a school record with its 46th home win in a row, but Florida State had a different plan. In a nail-biter, Florida State's Michael Snaer hit a 3-point shot as time expired, leading his team to a 76-73 win over No. 4 Duke at home in Durham on Saturday.
Anti-piracy legislation protesters gather to demonstrate against the SOPA being considered by Congress, at City Hall in San Francisco

Web Giants Win SOPA/PIPA Fight: But For How Long?

The U.S. Congress has decided to put Stop Online Piracy Act (SOPA) and Protect IP Act (PIPA or SOPA's counterpart in the Senate) on indefinite hold, following a flood of protest against the two controversial anti-piracy bills. The Web giants have won the first round in this Hollywood vs. Silicon Valley battle. But will the Hollywood giants keep quiet or will it stage a comeback?
Heidi Klum at the AMA's 2011

Supermodel Heidi Klum to Divorce Singer Seal: Report

German supermodel Heidi Klum plans to divorce her husband of more than six years, British singer Seal, according to a TMZ report. Klum, 38, will reportedly file divorce papers early next week in Los Angeles County Superior Court, citing irreconcilable differences.
R. Allen Stanford arrives at federal court for a hearing before U.S. District Judge Nancy Atlas in Houston August 24, 2010.

Broke, Ill, and Lonely, Sir Allen Stanford Heads to Court

No one calls him Sir Allen Stanford anymore. He is inmate number 35017-183. On Monday, the Texas financier heads to court in Houston to battle charges that he operated a $7 billion Ponzi scheme from Stanford International Bank Ltd., his offshore bank on the Caribbean island of Antigua.
  Mississippi Governor Barbour and National Incident Commander U.S. Coast Guard Admiral Allen for a briefing in Gulfport, Mississippi

Mississippi Pardons: Barbour's Act Has Racial Overtones, Says Study

The grant of clemency to a number of convicts, by former Mississippi Governor Haley Barbour, was met with a barrage of strong criticism against such actions. A recent study by Reuters points to the possibility of racism in the Governor's action. Barbour's decision to pardon or commute the prison sentences of more than 200 convicts surprised many; primarily because the number was enormous, compared to pardons granted by his immediate predecessors.
An European Union flag flies as tourists visit the ancient hill of the Acropolis in Athens January 20, 2012.

Europe's New Treaty to Tighten Budget Rules: Q-and-A

European Union ministers meeting on Monday will attempt to reach agreement on a new treaty enforcing stricter budget controls in the Eurozone that could allow the bloc's highest court to fine countries that do not adopt key rules.
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Vodafone Wins Historic Tax Case in India

The Supreme Court of India on Friday set aside a Bombay High Court judgement asking Vodafone International Holding to pay income tax of $2.2 billion on a deal abroad. The Supreme Court has asked the tax office to refund half billion dollars with 4% interest to Vodafone.
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Costa Concordia: Wave of Inevitable Lawsuits Begins

The first of what will surely be many inevitable lawsuits against the Costa cruise line over the sinking of the Concordia have been started. Two U.S. law firms are planning to sue on behalf of the passengers of the cruise ship.

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