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China's Baidu.com fights to rescue reputation

Updated: 11/19/2008 - Baidu.com has been the star of China's Internet world. But now the search engine dubbed "China's Google" is scrambling to rescue its reputation after state TV accused it of letting unlicensed suppliers of medical products pay for higher rankings on its results page - without alerting users.

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Retail shares drop sharply as market woes linger

Updated: 11/19/2008 - With Black Friday just around the corner, two new forecasts Wednesday pointed toward a tough holiday season for retailers and offered evidence that consumers simply may not be in a spending mood.

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BASF temporarily closing 80 plants

Updated: 11/19/2008 - Chemical company BASF SE said Wednesday it is temporarily closing 80 plants worldwide due to slumping demand and cutting production at 100 more, including facilities in Texas and Louisiana. Some 20,000 workers are affected.

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Oil falls; Americans cut driving by 90B miles

Updated: 11/19/2008 - Oil slipped below $54 a barrel Wednesday as stock markets across the globe fell and yet another U.S. government report illustrated the disarray in the housing market.

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GM, Chrysler scale back glitz at LA auto show

Updated: 11/19/2008 - Chrysler and General Motors are still showing off their newest vehicles at the Los Angeles Auto Show, but their displays were noticeably quiet Wednesday while Asian and European companies unveiled new models that will likely chip away at the U.S. market share.

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Fort Riley Soldier Return to Families

Updated: 11/19/2008 - Approximately 350 soldiers from the 1st Infantry Division Combat Aviation Brigade returned home from Iraq Wednesday.

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Democrats seek to lower expectations for bailout

Updated: 11/19/2008 - Top Senate Democrats suggested Wednesday that a bill to rescue Detroit's Big Three automakers was stalled and challenged the Bush administration to take steps to save the industry if congressional efforts falter. The White House quickly rebuffed the suggestion.

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US home construction sinks to new record low

Updated: 11/19/2008 - Construction of new homes plunged last month to the lowest level on records going back nearly 50 years as U.S. builders slashed production while Wall Street nosedived.

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Ballmer dismisses Yahoo buyout but open on search

Updated: 11/19/2008 - Microsoft Corp. is no longer interested in buying all of Yahoo Inc., CEO Steve Ballmer said Wednesday, though he told shareholders that the company would still be "very open" to a collaboration on Internet search. His comments sent Yahoo shares diving more than 20 percent.

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Fed sharply lowers forecasts, hints of rate cut

Updated: 11/19/2008 - The Federal Reserve on Wednesday sharply lowered its projections for economic activity this year and next, and signaled that additional interest rate reductions may be needed to help combat the worst financial crisis to jolt the country in more than a half-century.

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Dow falls below 8,000, S&P at 5-year low

Updated: 11/19/2008 - Wall Street hit levels not seen since 2003 on Wednesday, with the Dow Jones industrial average plunging below the 8,000 mark amid a dour economic outlook from the Federal Reserve and worries over the fate of Detroit's three automakers.

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Moscow court closes Politkovskaya trial to public

Updated: 11/19/2008 - A Moscow court reversed itself Wednesday and barred the public and media from the trial of three men accused of murdering investigative journalist Anna Politkovskaya after jurors complained press coverage could put them risk.

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IAEA: Syrian site could have been nuclear reactor

Nuclear Waste Trial

Updated: 11/19/2008 - The U.N. nuclear watchdog agency said Wednesday that a Syrian site bombed by Israel in 2007 had the characteristics of a nuclear reactor. It also admitted that its investigation into Iran's alleged nuclear weapons program is deadlocked.

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Congo rebels appear to pull back ahead of talks

Updated: 11/19/2008 - Rebels in Congo pulled hundreds of fighters back from several front-line positions as promised on Wednesday in what the U.N. said was a welcome step toward brokering peace in the volatile nation.

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Africa rejoices over Obama, but seeks own answers

Updated: 11/19/2008 - Two weeks after Africans danced for joy to see a black man elected president of the United States, a Kenyan newspaper columnist delivered a crisp warning to this complex and troubled continent: "Obama is not the Great Black Hope."

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Somali pirates transform villages into boomtowns

Updated: 11/19/2008 - Somalia's increasingly brazen pirates are building sprawling stone houses, cruising in luxury cars, marrying beautiful women - even hiring caterers to prepare Western-style food for their hostages.

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Hungry in Zimbabwe: `If you rest, you starve'

Updated: 11/19/2008 - Katy Phiri, who is in her 70s, picks up single corn kernels spilled from trucks that ferry the harvest to market. She says she hasn't eaten for three days.

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Indian navy sinks suspected pirate "mother" ship

Updated: 11/19/2008 - The ship, operating off the coast of Oman in the lawless waters of the Gulf of Aden, was crewed by heavily armed men, some carrying rocket-propelled grenade launchers. Behind it were a pair of speedboats - the sort pirates often use when they launch attacks on merchant ships in these violent seas.

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Prosecutor: Woman plotted hoax that led to suicide

Updated: 11/19/2008 - A Missouri woman, her teenage daughter and an employee used an elaborate Internet ruse to terrorize a 13-year-old neighbor girl who later committed suicide, a federal prosecutor said Wednesday.

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NJ inmates vs. Princeton students: Prison chess

Updated: 11/19/2008 - David Wang is a young man who's clearly going places. The Princeton University sophomore is gifted with a brilliant mind, a movie-star smile and an understated self-confidence.

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Prospect of sewers strikes horror in rustic Malibu

Updated: 11/19/2008 - "Sewer" has always been a dirty word in this celebrity-studded community, which has avoided the sprawl that pervades much of the Southern California coast in part because it has refused to install the plumbing for it.

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