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U.S. Commerce Pick Pro-China

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The Best Undergrad B-Schools

FBI agents have arrested the chief investment officer of troubled Stanford Financial Group, accusing Laura Pendergest-Holt of obstructing a Securities and Exchange Commission fraud investigation. The SEC has been investigating allegations of an $8 billion…

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FBI arrests Stanford Financial Group exec

California-based Sea Launch Co. says its land-launch operation in Kazakhstan has successfully put a commercial communications satellite into orbit. The Long Beach company says its Zenit-3SLB rocket lifted off from the Baikonur Space Center at 10:30 a.m. PST…

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Sea Launch Co. says Baikonur launch successful

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Caffeine May Offer Some Skin Cancer Protection

Defensive end Jayme Mitchell has agreed to terms with the Vikings on a two-year deal. Mitchell missed all of last season after suffering a knee injury in the preseason. He had three sacks in 2006 and one in 2007, but was in line for an increase in playing…

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Mitchell gets 2-year deal from Vikings

SEATTLE (Reuters) – Microsoft Corp’s chief financial officer forecast at least another year of tough trading in all areas on Thursday, as the economy shows no immediate sign of recovery.

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Microsoft CFO sees tough years ahead

Five meerkats are getting used to their new digs at the Los Angeles Zoo. The zoo said Thursday that four meerkats _ three females and one male _ recently arrived from the North Carolina Zoo in Asheboro, N.C. They have taken up residence in the meerkat habitat…

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5 meerkats move in to LA Zoo from North Carolina

NEW YORK (Reuters) – Americans hold a dim view of business executives, giving them poor grades for honesty and ethics and blaming them for business failures, according to a survey released on Thursday.

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Wall Street rates poorly for ethics, honesty: poll

ORLANDO, Florida (Reuters) – The U.S. Air Force’s top general said Thursday he had put forward a fresh request for top-of-the-line F-22 fighter jets that would postpone an otherwise-imminent start to shutting down Lockheed Martin Corp’s production line.

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Air Force gives Pentagon new F-22 purchase plan

WASHINGTON (Reuters) – A former Stanford Group Company employee told broker-dealer watchdogs in 2003 that the financial services firm was engaged in fraud, about five years before U.S. securities regulators charged the firm’s chairman, Allen Stanford, with an $8 billion fraud.

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Ex-Stanford employee warned regulators about fraud

President Felipe Calderon said Thursday he knows Barack Obama is committed to immigration reform, but that the best thing the American president can do _ even for Mexicans _ is to fix the U.S. economy. In an interview with The Associated Press, Calderon said…

Calderon: US should fix economy, then immigration

After slashing costs for 18 months, Gap Inc.’s CEO told investors Thursday that the apparel chain will now focus on pulling more customers into its stores and use its low-price chain Old Navy to “compete on behalf of the company.” The comments came as the San…

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Gap says 4th-quarter profit declines 8.3 percent

Activist hedge fund manager William Ackman is in talks with Target Corp. about naming potential directors to the discount retailer’s board, according to a Securities and Exchange Commission filing on Thursday. Target shares gained 61 cents, or 2.2 percent, to…

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Hedge fund in talks with Target on board seats

Kenneth Lowe, the chief executive of Scripps Networks Interactive Inc., received compensation in 2008 valued by The Associated Press at $5.4 million, according to a securities filing Thursday. The owner of the Food Network and HGTV paid Lowe a salary of $1.15…

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Scripps Networks CEO compensation totals $5.4M