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Canon digital cameras are displayed at the company's showroom in Tokyo

Canon Earnings Outlook Falters, President Steps Down

Canon's 76-year-old chairman and CEO will take on the additional role of president after the $60 billion Japanese camera and printer maker forecast weak earnings growth and said its current president was stepping down.
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iPad 3 Features - What to Expect and Not to Expect (Rumors Roundup)

The rumors about iPad 3, or Apple's next generation tablet, has touched a fever-pitch with expectations growing that the tablet will launch in late February or early March. From a better camera and Retina Display to a quad-core processor and NFC technology, here's a rundown of the features Tech & Trend thinks iPad 3 will boast of (and not boast of).
Christmas in Vatican City

Ex-Vatican Official Charges Widespread Corruption

The Vatican was shaken by a corruption scandal Thursday after an Italian television investigation said a former top official had been transferred against his will after complaining about irregularities in awarding contracts.
Trader reacts at his desk in front of the DAX board at the Frankfurt stock exchange

European Shares Gain on Fed Promise of Low Interest Rates

European shares rose on Thursday, halting two-days of losses, after the U.S. Federal Reserve said interest rates would remain low for a considerably longer period than expected and it is ready to offer additional stimulus to boost economic growth.
Apple's retail store at Upper West Side, New York City

What Apple Plans to Do with $98 Billion Cash Hoard?

Apple Inc. has a high-quality balance sheet with net cash of $97.6 billion or $103.6 per share at the end of fiscal first quarter. Investors look puzzled regarding what Apple intends to do with its cash hoard.
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Japan's Tepco Set for $13B Bailout: Sources

The owner of Japan's stricken nuclear reactor, Tokyo Electric Power Co, will agree to be taken over by the government in a near-$13 billion bailout, sources said on Thursday, even as the country debates the future of nuclear power.
The crippled Fukushima Daiichi nuclear power plant is seen from bus windows in Fukushima

Japanese Government to Take Over Tepco in Bailout

The owner of the stricken Fukushima nuclear reactor, Tokyo Electric Power Co, will agree to be taken over by the government in a near-$13 billion bailout, sources said Thursday, even as Japan debates the future of nuclear power.

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