WASHINGTON (Reuters) – After dismissing complaints that might have uncovered investor Bernard Madoff’s $65 billion fraud, experienced U.S. Securities and Exchange Commission staffers must have a procedure in place to review tips and complaints, the SEC’s internal watchdog said on Tuesday.

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SEC told to aggressively assess tips after Madoff

Speculation about a forthcoming Apple tablet device is getting more interesting every day. Today Brad Stone of The New York Times reports that Apple has rehired Michael Tchao, one of the original …

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Apple Rehires Newton Engineer; Tablet Rumors Intensify

Vehicles powered by underground cable? Korea’s top tech institute is serious about it. For one thing, batteries would be lighter and cheaper

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Korea’s On-the-Go Electric-Car Experiment

On Tuesday, Google announced that music videos by Jay-Z, Madonna, Green Day, and other Warner Music artists will return to YouTube after a nearly year-long breakdown in negotiations between the …

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Warner Makes Nice with YouTube

The Food and Drug Administration has delayed a decision on GlaxoSmithKline’s vaccine for cervical cancer, according to the British drugmaker. The FDA was scheduled to announce its ruling Tuesday on whether to approve Cervarix, but a Glaxo spokeswoman said the…

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Cervarix – Cervical cancer – GlaxoSmithKline – HPV vaccine – Health

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FDA delays ruling on Glaxo cervical cancer vaccine

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For Many Grads, Pay is Far From "Average"

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Archives: The Downfall of Xerox

A report showing Americans are still downbeat on the economy is giving investors reason to sell stocks. The market failed to hold on to early gains and edged lower in midday trading Tuesday after the Conference Board said its consumer confidence index fell to…

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Wall Street – Business – Investing – United States – Dow Jones & Company

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Drop in consumer confidence sends stocks lower

WASHINGTON (Reuters) – U.S. banking regulators proposed on Tuesday that banks prepay three years of fees to help cover the rising cost of bank failures, now put at $100 billion through 2013.

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FDIC wants banks to prepay fees to meet failure costs

WASHINGTON (Reuters) – The U.S. Federal Reserve on Tuesday proposed tough new credit card rules to protect consumers from potentially costly practices by lenders and moved to implement legislation enacted in May.

Fed pursues tough new U.S. credit card rules

Home prices rose for the third month in a row in July, new data Tuesday showed, more proof a fragile housing recover is underway. The Standard & Poor’s/Case-Shiller home price index of 20 major cities rose 1.2 percent from June to a reading of 143.05. Though…

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Standard & Poor – Price index – S&P/Case-Shiller Home Price Indices – Real estate pricing – Robert Shiller

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Index shows home prices rose for 3rd month in July

A national gambling task force is recommending that the nation’s colleges and universities take more steps to curb problem gambling by students by treating the issue as a health concern. The Task Force on College Gambling Policies says in a report released…

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Gambling – Problem gambling – Health – Mental Health – Disorders

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Task force to colleges: Treat betting like booze

YouTube says music videos from Warner Music Group Corp. will return to the video site in the coming months after a nine-month dispute over deal terms. Most of the catalog of videos from artists such as Madonna, Metallica and Green Day will be available for…

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Music video – YouTube – Warner Music Group – Music – Arts

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YouTube says Warner Music videos back in months

Virginia Gov. Tim Kaine says he can’t think of any reason he would stop the execution of Washington, D.C.-area sniper John Allen Muhammad. Muhammad is scheduled to be executed Nov. 10 for the October 2002 killing spree that left 10 dead in the nation’s…

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John Allen Muhammad – Virginia – Washington DC – Capital punishment – United States

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Va. gov: No reason to stop sniper execution

PARIS (Reuters) – Another dip in expected deliveries of Airbus’s A380 superjumbo knocked shares in parent company EADS on Tuesday, reminding investors of the challenges still facing Europe’s largest industrial venture.

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EADS shares stumble as Airbus trims A380 goal