Monday, December 20, 2010

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North Korea refrains from retaliation after South Korea artillery drill
Christian Science Monitor
North Korea had threatened a harsh response if South Korea went ahead with military exercises in disputed waters Monday. But it could still take action, experts say. Residents put on gas masks in an air raid bunker on Yeonpyeong Island December 20. ...
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Christian Science Monitor
Ernst & Young Said to Face Fraud Lawsuit From Cuomo Over Lehman Audits
Bloomberg
By Karen Freifeld - Mon Dec 20 13:02:58 GMT 2010 Ernst & Young LLP may be sued for fraud by New York Attorney General Andrew Cuomo for allegedly helping Lehman Brothers Holdings Inc. mislead investors, according to a person familiar with the matter. ...
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AT&T to Buy Qualcomm's Spectrum for $1.93 Billion as Mobile-Data Use Grows
Bloomberg
By Ville Heiskanen - Mon Dec 20 12:58:31 GMT 2010 AT&T Inc., the second-largest US mobile-phone carrier, agreed to buy wireless spectrum from Qualcomm Inc. for $1.93 billion as customers increasingly use bandwidth-hogging services such as video ...
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All Clear Order at Newark Airport After Bomb Scare
ABC News
By RICHARD ESPOSITO Radiation emitted by a computer monitor triggered a bomb scare that shut down a terminal at Newark, New Jersey's Liberty International Airport, authorities said, as they announced the investigation was over and the terminal reopened ...
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Futures Gain; Sara Lee Falls
Wall Street Journal
By POLYA LESOVA US stock futures rose, signaling an early extension to three consecutive weekly gains at a holiday-shortened week gets under way. About an hour before the start of trading, futures on the Dow Jones Industrial Average gained 37 points to ...
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Gold Prices Up as Investors Seek Safety
TheStreet.com
By Alix Steel 12/20/10 - 09:05 AM EST NEW YORK (TheStreet ) -- Gold prices were climbing higher Monday as the metal shinned as a safe-haven asset. Gold for February delivery was adding $7.60 to $1386.80 an ounce at the Comex division of the New York ...
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Automakers suing EPA over higher ethanol mix gas
The Associated Press
WASHINGTON (AP) — Automakers and engine manufacturers are suing the Environmental Protection Agency over a plan to allow the sale of gasoline containing 15 percent ethanol. The Obama administration ruled in October that gas stations could start selling ...
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Boeing Plans To Boost 777 Production Again in 2013
Wall Street Journal
Boeing Co. (BA) announced plans to again boost production of its 777 aircraft, the latest sign of increasing demand in the airplane industry. The aircraft-making giant said it will build 8.3 of the 777 airplanes a month starting in the first quarter of ...
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Friends' shock over Citigroup gal's suicide
New York Post
By JOHN DOYLE and REBECCA ROSENBERG Shocked friends of a vivacious young bank analyst who jumped to her death from Trump Place remembered her yesterday as a devoted do-gooder who "had it all." Jessica Fashano, 27, an analyst with Citigroup since ...
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New York Post


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