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Fed, SEC Complete Information-Sharing Project

Posted: 07/07/2008 - Financial regulators on Monday announced an information-sharing agreement aimed at better detecting potential risks to the U.S. financial system.

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Fresenius Paying $3.7B For US Drugmaker APP

Posted: 07/07/2008 - Fresenius SE said Monday it has agreed to buy U.S. generic drug maker APP Pharmaceuticals for $3.7 billion in cash in a deal that will give the German health care company more opportunities in the North American market for drugs administered intravenously.

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Budget Fertility Treatments Planned For Africa

Posted: 07/07/2008 - Millions of dollars go into family planning projects and condom distribution to prevent pregnancies in Africa, but experts said that more than 30 percent of women on the continent are unable to have children. An estimated 80 million people in developing countries are infertile worldwide.

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Bush: Russia's New President Is 'Smart Guy'

Posted: 07/07/2008 - President Bush and new Russian President Dmitry Medvedev stood united Monday on issues like Iran and North Korea. But for all their handshakes and smiles, it is clear that thorny issues like missile defense are in a holding pattern until a new U.S. president takes office.

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Police Say 5 Explosions Wound 25 In Pakistan

Posted: 07/07/2008 - A string of explosions wounded at least 25 people Monday in the southern Pakistani city of Karachi, police said. The five blasts came within about an hour the day after a deadly suicide bombing in the capital, Islamabad, killed 18 people, most of them police officers.

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40 Dead in Indian Embassy Blast in Afghan Capital

Posted: 07/07/2008 - A car bomb ripped through the front wall of the Indian Embassy in central Kabul on Monday, killing 40 people in the deadliest attack in Afghanistan's capital since the fall of the Taliban, officials said.

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Microsoft Wants To Negotiate With New Yahoo Board

Posted: 07/07/2008 - Microsoft Corp. threw its weight behind investor Carl Icahn's effort to oust Yahoo Inc.'s board next month, saying Monday that a successful rebellion would encourage the software maker to renew its takeover bid for Yahoo or negotiate another deal.

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GM said to Consider More Cuts as Market Shrinks

Posted: 07/07/2008 - General Motors Corp. may get rid of some brands, speed the introduction of small cars from other markets and make further white-collar job cuts as it tries to deal with a shrinking U.S. auto market.

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Dictionary Adds New Batch of Words

Posted: 07/07/2008 - Before your next party, go ahead and consult the latest edition of Merriam-Webster's Collegiate Dictionary, which now includes edamame, pescatarian and about 100 other newly added words that have taken root in the American lexicon.

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Docs Recommends Cholestorol Meds for Kids Young as 8

Posted: 07/07/2008 - American Association of Pediatrics issues new guidelines recommending children be given cholesterol-fighting medications to fight future heart problems, low-fat milk for one-year-olds.

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Nine Hurt on Running of the Bulls First Day

Posted: 07/07/2008 - Officials report bumps and bruises, but no gorings, as the first group of bulls were led down the streets of Pamplona during the famous annual event.

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NBC Using Olympics to Test Media Platforms

Posted: 07/07/2008 - Broadcaster says it will use its 3,600 hours of Olympic broadcasting to see how people use its various media platforms, including the networks cable channel and the Internet.

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McCain Touts Plan to Create Jobs, Help Workers

Posted: 07/07/2008 - Presumptive GOP nominee says he can spur a weakening economy through tax cuts, encouraging free trade, and building nuclear plants; tries to overcome stigma cast by Bush administration.

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Bush: Russia's New President is 'Smart Guy'

Posted: 07/07/2008 - Discussions with Russian president show unity on Iran and North Korea, but put discussions on sticking points with the emerging power, such as missile defense, on hold until the next president.

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al Maliki Proposes Short Term Agreement with U.S.

Posted: 07/07/2008 - Iraqi Prime Minister's proposed memorandum to the United States includes a formula for the withdrawal of American soldiers, comes after widespread Iraqi opposition to a long-term American presence.

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Stocks Move Toward Mixed Open ahead of Earnings

Posted: 07/07/2008 - U.S. stocks headed for a mixed open Monday as investors await the arrival of second-quarter reports from companies to help determine where the economy is headed.

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Coca-Cola Settles Lawsuit for $137.5 Million

Posted: 07/07/2008 - The Coca-Cola Co., the world's largest beverage maker, has agreed to pay $137.5 million to settle a shareholder lawsuit that claimed company officials misrepresented or omitted information in public statements, causing the company's stock price to be inflated.

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Oil Drops Below $144 in Asia

Posted: 07/07/2008 - Oil dropped below $144 a barrel Monday in Asia on signs of easing tensions over Iran's nuclear program.

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InBev Seeks Ouster of Anheuser Board

Posted: 07/07/2008 - Brewer InBev turned up the heat in its $46 billion bid for Anheuser-Busch, announcing Monday that it will attempt to remove the company's entire board.

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Bertha Becomes First Hurricane Of Atlantic Season

Posted: 07/07/2008 - As of 5 a.m. EDT Monday, Hurricane Bertha was about 845 miles east of the northern Leeward Islands. Forecasters at the National Hurricane Center say it is too early to say if or where the storm will hit land.

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Liver Donor's Family, Recipient Unite Online

Posted: 07/07/2008 - This month, the U.S. Transplant Games will be held for the first time in Pittsburgh, one of the pioneering centers for transplants in the country, and 25 years after the operation that forever connected the Engebretsen and DeLapp families. At the games, these two families will look each other in the eyes for the first time

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40 Dead In Indian Embassy Blast in Afghan Capital

Posted: 07/07/2008 - A suicide car bomb ripped through the front wall of the Indian Embassy in central Kabul on Monday, killing some 40 people in what appeared to be the deadliest attack in Afghanistan's capital since the fall of the Taliban.

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