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GE profit drops 46 pct as finance unit struggles

Updated: 01/23/2009 - In a discouraging report for the American economy, General Electric Co. posted a 46 percent drop in fourth-quarter earnings on Friday and warned of a "tough environment" this year as it struggles with its ailing finance business.

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House GOP sees stimulus in tax cuts, not spending

Updated: 01/23/2009 - House Republican leaders presented President Barack Obama on Friday with proposals to stimulate the economy that rely exclusively on tax cuts and envision none of the federal spending backed by Democrats and the administration.

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High-tech sensors help seniors live independently

Updated: 01/23/2009 - After back-to-back hospital visits for congestive heart failure, Eva Olweean figured her health was back to normal. But the nurses at her retirement home knew better: Motion sensors in the 86-year-old's bed detected too many restless nights.

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3 dead, 12 wounded in Belgian day care stabbings

Updated: 01/23/2009 - A young man with a gruesomely painted black-and-white face went on a rampage at a Belgian day care center Friday, stabbing two babies and a female worker to death and seriously wounding 12 others.

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Released detainee now Yemen al-Qaida commander

Updated: 01/23/2009 - A released Guantanamo Bay terror detainee has reemerged as an al-Qaida commander in Yemen, highlighting the dilemma facing President Barack Obama in shaping plans to close the detention facility and decide the fates of U.S. captives.

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Sri Lankan Editor, Wife Wounded in Knife Attack

Updated: 01/23/2009 - Assailants on motorbikes attacked and wounded a Sri Lankan newspaper editor and his wife as they drove to work Friday morning, authorities said, the latest in a string of assault on journalists in Sri Lanka.

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Bahamas Police Investigate Travolta Extortion Plot

Updated: 01/23/2009 - Police in the Bahamas have detained an island lawmaker and a paramedic in an alleged plot to extort money from actor John Travolta. Senior Assistant Commissioner of Police Marvin Dames says Sen. Pleasant Bridgewater has been held since Thursday in the case.

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Blagojevich: I'm The Victim of Plot to Raise Taxes

Updated: 01/23/2009 - Gov. Rod Blagojevich launched a full-out media blitz just days before the start of an impeachment trial that could lead to his removal, portraying himself as the victim of vengeful lawmakers eager to toss him out of office so they can raise taxes. "The heart and soul of this has been a struggle of me against the system," Blagojevich said at a news conference Friday.

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Study: Western Forests Dying at Increasing Rate

Updated: 01/23/2009 - Trees in old growth forests across the West are dying at a small, but increasing rate that scientists conclude is probably caused by longer and hotter summers from a changing climate.

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Vatican launches Pope YouTube channel

Updated: 01/23/2009 - Pope Benedict XVI joined President Barack Obama and Queen Elizabeth II on Friday by launching his own YouTube channel, the latest Vatican effort to reach out to the digital generation.

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Televisa Wins Concessions in Univision Settlement

Updated: 01/23/2009 - Grupo Televisa SAB said it had won concessions it valued at more than $600 million from Univision Communications Inc. in a settlement that capped a four-year lawsuit that rattled the Hispanic TV market in the United States.

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Suspected US missile strike kills 18 in Pakistan

Updated: 01/23/2009 - Suspected U.S. missiles killed 18 people on the Pakistan side of the Afghan border Friday, security officials said, the first attacks on the al-Qaida stronghold since President Barack Obama took office. At least five foreign militants were among those killed in the strikes by unmanned aircraft in two parts of the frontier region, an intelligence official said without naming them. There was no information on the identities of the others.

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Report: Ex-Gitmo Detainee Joins al-Qaida in Yemen

Updated: 01/23/2009 - A Saudi man released from Guantanamo after spending nearly six years inside the U.S. prison camp is now the No. 2 of Yemen's al-Qaida branch, according to a purported Internet statement from the terror network.

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Actors Union Loses Support for Strike Vote

Updated: 01/23/2009 - The Screen Actors Guild has lost the support of a majority of its board to proceed with a strike vote after a hardline faction within the union and the guild's president on Thursday backed a plan to suspend the vote.

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Pope Welcomes Facebook, But Cautions

Updated: 01/23/2009 - Pope Benedict XVI says social networking sites such as Facebook and MySpace can foster friendships and understanding, but warns they also can isolate people and marginalize others.

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Police Seek Diary of Suspect in VaTech Killing

Updated: 01/23/2009 - Investigators are seeking computer and cell phone records and diaries as they try to figure out why a Virginia Tech student allegedly used a kitchen knife to decapitate a female student in a campus coffee shop.

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NKorea's Kim meets Chinese official

Updated: 01/23/2009 - North Korea's Kim Jong Il gave the strongest indication yet that he has recovered from a stroke by turning up for talks with a Chinese envoy Friday.

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UN Exec Picked For No. 2 at Homeland Security

Updated: 01/23/2009 - A top United Nations official who once served on the White House National Security Council has been picked for deputy secretary of the Homeland Security Department, a move that would place two women at the top of the department for the first time.

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Wall Street Off Earlier Lows on Tech, Financials

Updated: 01/23/2009 - Investors' ambivalence about earnings reports gave Wall Street a mixed performance Friday. Google Inc.'s better-than-expected results lifted tech stocks, while reports from General Electric Co. and several other companies reinforced the market's concerns about the recession's overall impact on the economy.

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Late Child Support Could Limit Driving

Updated: 01/23/2009 - A new Kansas law could cause parents who are behind on their child support payments to klose most of their driving priveliges.

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Obama Asks Lawmakers to Back Stimulus Bill

Updated: 01/23/2009 - President Barack Obama and congressional Democrats sought to ease Republican complaints about a massive economic stimulus plan Friday, meeting with GOP leaders in the White House and promising to consider some of their recommendations.

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China Closes 1,250 Sites in Online Porn Crackdown

Updated: 01/23/2009 - China has closed down 1,250 Web sites in its latest crackdown on online pornography but still faces an uphill task in regulating the unwieldy Internet for vulgar content, an official said Friday.

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