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Netflix 4Q Profit Up 45 pct, Helped By Recession

Updated: 01/26/2009 - Netflix Inc.'s fourth-quarter profit climbed 45 percent to surpass analysts' estimates Monday, propelled by the widening appeal of its relatively inexpensive DVD rental service during a budget-crimping recession.

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Michael Jackson's 'Thriller' Planned For The Stage

Updated: 01/26/2009 - Producer James L. Nederlander says he has acquired the rights for a stage version of Michael Jackson's iconic music-video spoof of horror films. The show will include songs from two of the pop king's best-selling albums, "Thriller" and "Off the Wall."

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Paramedic Charged in Travolta Extortion Plot

Updated: 01/26/2009 - A paramedic has been charged in an alleged plot to extort $25 million from John Travolta after his teenage son suffered a seizure and died at the family's home in the Bahamas.

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Yemen: Gunshots Fired Near US Embassy

Updated: 01/26/2009 - Gunmen in a car exchanged fire Monday with police at a checkpoint near the U.S. Embassy in Yemen's capital, an Interior Ministry official said, hours after the embassy received threats of a possible attack.

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Tens of Thousands More Layoffs Are Announced

Updated: 01/26/2009 - It's already been a lousy year for workers less than a month into 2009 and there's no relief in sight. Tens of thousands of fresh layoffs were announced Monday and more companies are expected to cut payrolls in the months ahead.

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Stephane Rolland Goes Big, Bold on Haute Couture

Updated: 01/26/2009 - French designer Stephane Rolland made his debut Monday as a full member of the elite club of grands couturiers, sending out an imaginative collection of cocktail dresses and evening gowns that played on bold beadwork and unexpected elements like bustles and capes.

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China Reports 5th Bird Flu Death this Year

Updated: 01/26/2009 - An 18-year-old man died from bird flu Monday in southern China, the fifth human death from the virus in the country this year, state media reported.

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Blaze Injures 7 at Venezuela Refinery

Updated: 01/26/2009 - Authorities say an oil refinery fire in western Venezuela has injured seven people before being brought under control.

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Pfizer to buy Wyeth for $68B; cut 8,000 jobs

Updated: 01/26/2009 - No. 1 drugmaker Pfizer Inc. said Monday it is buying No. 12 Wyeth for $68 billion in a deal that will quickly boost Pfizer's revenue and profit and transform it overnight into a more diversified company less reliant on its dwindling drug pipeline.

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Corus to Axe 3,500 Jobs to Deal with Recession

Updated: 01/26/2009 - Steel giant Corus said Monday that it will cut 3,500 jobs around the world, with 2,500 jobs going in Britain alone, in an attempt to shore up its finances which have been battered by the sharp fall in global demand.

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Norway Hikes Government Spending

Updated: 01/26/2009 - Oil-rich Norway's coalition government announced a 20 billion kroner ($2.9 billion) stimulus package on Monday intended to dampen the impact of the global financial crisis with tax cuts and increased spending.

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Belgian day care suspect linked to 4th slaying

Updated: 01/26/2009 - The thin, young suspect with the enigmatic smile who is charged with three killings at a Belgian day center was linked Monday to a fourth death - the fatal slashing of a 73-year-old grandmother on a remote farm.

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District One Topeka Council Race to Feature Primary

Updated: 01/27/2009 - Tim Lloyd's filing to run for the 1st District Topeka City Council seat means there will be a primary in the race. He is the fourth candidate to declare his candidacy.

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Study Adds to Evidence of Vaccine Safety

Updated: 01/26/2009 - A new study from Italy adds to a mountain of evidence that a mercury-based preservative once used in many vaccines doesn't hurt children, offering more reassurance to parents.

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Philadelphia Suburb Stunned by a Series of Arsons

Updated: 01/26/2009 - Authorities are urging residents in this Philadelphia suburb to remove flammable materials from their porches and to keep porch lights on at night following a string of suspicious fires.

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Iceland's government topples amid financial mess

Updated: 01/26/2009 - Iceland's coalition government collapsed on Monday after an unprecedented wave of public dissent, plunging the island nation into political turmoil as it seeks to rebuild an economy shattered by the global financial crisis.

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Gay leaders mull taking fight to 2010 vote

Updated: 01/26/2009 - Gay rights activists are weighing the wisdom of rushing in front of voters a repeal of the state ballot measure that banned gay marriage.

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Iraq Agrees to Pay Kuwait Airways $300 Million

Updated: 01/26/2009 - The Iraqi government says it will pay $300 million in compensation to Kuwait Airways Corp. for claims related to Saddam Hussein's 1990 invasion of the neighboring emirate.

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