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Kamis, 29 Desember 2011

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APNewsbreak: Titanic artifacts bound for auction a century after world's most ...
Washington Post
RICHMOND, Va. — The owner of the largest trove of artifacts salvaged from the Titanic is putting the vast collection up for auction as a single lot in 2012, the 100th anniversary of the world's most famous shipwreck. More than 5500 items including fine ...
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Chinese netizens criticize limited penalties for 54 officials blamed in deadly ...
Washington Post
BEIJING — Chinese Internet users accused the government Thursday of failing to take responsibility for a deadly bullet train crash after it said 54 officials were to blame but none would face criminal charges. "It looks like they found some scapegoats ...
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China Shares End Slightly Higher On Reserve Ratio Cut Hopes
Wall Street Journal
SHANGHAI (Dow Jones)--China's shares ended slightly higher Thursday for a second consecutive session on expectations that the central bank will cut bank reserve requirement ratios in January. Market sentiment was also boosted by news that the country ...
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Assets of major public pension funds fell 8.5% in third quarter
Los Angeles Times
The quarterly decline was the first since early last year and the steepest since the fourth quarter of 2008, when the asset total plummeted 13.5%. By Jim Puzzanghera, Los Angeles Times The stock market's summer slide took a toll on public pension funds ...
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Vietnam's economic growth slows amid rising inflation
BBC News
Vietnam's economic growth has slowed in 2011 after the government took steps to rein in inflation and domestic demand. The statistics office said it expected the economy to have grown by 5.9% this year, down from 6.8% in 2010. ...
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BBC News
Three trapped by mine fire in eastern Tennessee
Chicago Tribune
By Tim Ghianni NASHVILLE, Tenn, Dec 28 (Reuters) - Three miners were trapped on Wednesday afternoon by smoke after a drill rig caught fire at the Young Zinc Mine in Tennessee, and two others were sent to a hospital with smoke inhalation, ...
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California city abusing public assets, funds-state
Chicago Tribune
Dec 28 (Reuters) - Montebello, California, a city of about 60000 in the eastern part of Los Angeles County, is mis-using public assets and funds, the state said on Wednesday. Local governments in California have come under close scrutiny over the past ...
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Lockheed Martin wins large Antarctic contract
Bizjournals.com
Defense contracting giant Lockheed Martin Corp. won a $1.9 billion contract to run US government research facilities and support operations in Antarctica. Starting April 1, the company will manage the nation's Antarctic research and facilities from the ...
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Mu Sigma analytics firm raises $108 million in capital
Chicago Tribune
Mu Sigma, a Northbrook-based firm that helps companies analyze massive amounts of data, said Wednesday that it raised $108 million in fresh capital. Private equity firm General Atlantic, which is headquartered in Greenwich, Conn., was the lead investor ...
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State minimum wage going up
Marietta Times
As Ohio's minimum wage is set to jump 30 cents to $7.70 per hour Sunday, local employers say they've been busy trying to figure out how to pay for the increase without cutting staff or passing along too much of the cost to consumers. ...
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Benefits firm, Infinisource Inc., bring jobs and moving headquarters to Charlotte
Charlotte Observer
By Kirsten Valle Pittman A national firm that administers employee benefits and provides other business services is moving its corporate headquarters to Charlotte, creating more than 160 jobs in the region's latest economic-development win, ...
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Charlotte Observer
Allen Stanford Loses Bid to Delay His Fraud Trial in January
BusinessWeek
By Laurel Brubaker Calkins Dec. 29 (Bloomberg) -- R. Allen Stanford lost his bid for more time to prepare to face charges he led a $7 billion investment fraud scheme. Jury selection will begin in Houston federal court on Jan. 23. ...
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RV maker expanding in Topeka
Fort Wayne Journal Gazette
A recreational vehicle company plans to expand and add employees to its workforce in northern Indiana. Crossroads RV announced Wednesday it will spend $3.9 million to buy land and build a new 93000-square-foot-building next to the company's existing ...
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More Homeowners Using Delaying Tactics to Slow Down Foreclosures
Bryan Ellis Real Estate Letter
"If you can't beat'em, join'em," the old saying goes. These days, however, borrowers are opting for a variation on the axiom, choosing to at least "slow'em down" if they can't actually beat their foreclosures. While most lenders cease foreclosure ...
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Online Merchants Home In on Imbibing Consumers
New York Times
After enjoying a few drinks, some people go dancing. Others order food. And for some, it's time to shop online. "I have my account linked to my phone, so it's really easy," said Tiffany Whitten, of Dayton, Ohio, whose most recent tipsy purchase made on ...
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New York Times
Report: 2 gas stations gouged buyers
Poughkeepsie Journal
ALBANY — An investigation by state Attorney General Eric Schneiderman found gas stations, including in Dutchess County, were obeying the law when prices shot up in the spring, but charged two downstate stations with gouging customers while Tropical ...
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Last-minute shopping gives retailers a lift
Monterey County Herald
By ANNE D'INNOCENZIO AP NEW YORK — Last-minute shoppers gave merchants a solid lift during the final week before Christmas, a mall trade group said Wednesday. Shoppers gave retailers a 4.5 percent increase in revenue at stores open at least a year for ...
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Latest signs of strain in European banking system keep demand strong for Treasurys
Washington Post
NEW YORK — Treasury prices climbed Wednesday as more signs of strain emerged in the European banking system. The price of the benchmark 10-year Treasury note rose 75 cents per $100 invested. Its yield fell to 1.93 percent from 2 percent late Tuesday. ...
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US Online Holiday Spending Up 15% to $35.3 Billion
Appliance Magazine
comScore said that, in the first 56 days of the November/December 2011 holiday season, $35.3 billion has been spent online, a 15% increase from the same time period in 2010. $2.8 billion were spent in the week ending Dec. 25, 2011, an increase of 16% ...
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With the Year's Trading Nearly Complete, McDonald's Tops All Dow Jones ...
MarketWatch (press release)
NEW YORK, Dec. 28, 2011 (GLOBE NEWSWIRE) -- With two days of trading left this year, McDonald's Corp. is on track to lead all 30 components of the Dow Jones Industrial Average in stock performance for 2011, according to data compiled by Dow Jones ...
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The Twelve Beers of Christmas: Part 4
Charleston City Paper
by T. Ballard Lesemann There are more winter warmers and holiday beers on the local shelves this year than ever before. Some are brand-new concoctions from well-established and up-and-coming microbreweries. Many are odd regional specialties that never ...
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Charleston City Paper
Sempra's Solar Panels Send Power Into Grid
San Diego Business Journal
Sempra Generation, a unit of Sempra Energy, announced Dec. 27 that it has finished installing three blocks of solar panels at its Mesquite Solar 1 project, 40 miles west of Phoenix. As of late December, the photovoltaic panels were sending 42 megawatts ...
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UPDATE 2-New York Times sends email to millions by mistake
Chicago Tribune
(Recasts first four paragraphs) Dec 28 (Reuters) - Some 8 million people received emails from the New York Times on Thursday offering a special discount if they would reconsider their decision to cancel their subscriptions. The trouble is , the offer ...
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Employers plan to add more workers, but pace is gradual
San Gabriel Valley Tribune
By Kevin Smith, Staff Writer A new survey by CareerBuilder reveals that employers expect to add more jobs in 2012, although the pace isn't expected to be brisk. Job seekers are shown here at a September career expo held at the Foothill Employment and ...
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Facebook IPO to be biggest since 1999
Washington Post
Dec. 28 (Bloomberg) -- Facebook Inc. and Yelp Inc. are set to lead the biggest year for US initial public offerings by Internet companies since 1999, testing demand for IPOs after investors lost money on Zynga Inc. and Pandora Media Inc. With Facebook ...
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Alexion to Pay as Much as $1.08 Billion to Buy Enobia Pharma
Bloomberg
Alexion Pharmaceuticals Inc. (ALXN), the maker of a drug for a rare blood disease, agreed to acquire closely held Enobia Pharma Corp. for as much as $1.08 billion, adding experimental treatments for genetic metabolic disorders. ...
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Arctic Cat Pays $79 Million To Repurchase 6.1 Million Shares From Suzuki Motor
Wall Street Journal
Arctic Cat Inc. (ACAT) said it has paid $79.3 million in cash to repurchase its shares held by Suzuki Motor Corp. (7269.TO), concluding the Japanese auto maker's ownership in the company. Under the buyback, the maker of all-terrain vehicles and ...
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Big win for 'Big Wind'
Boston Herald
By Greg Turner Cape Wind's developer was buoyed by a key legal victory yesterday from the state's highest court, but pushed back the construction start by another year amid persistent questions about financing for the offshore energy project. ...
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More Minnesotans to receive energy assistance with additional LIHEAP funding
Tri County News
Help arrives for seniors, disabled, and low-income families with children ahead of Holiday weekend ST. PAUL, MN – Commerce Commissioner Mike Rothman announced the state will receive an additional $14.1 million in federal Low-Income Home Energy ...
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