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PepsiCo CEO Indra Nooyi

PepsiCo Shake-Up: Ex-Exec To Run Food Unit

The hiring of Wal-Mart's Brian Cornell to run the Americas food unit and promotion of longtime executive John Compton to the new post of president might be seen as attempts to find a successor to Chairman and CEO Indra Nooyi, who has been mentioned in media reports as a potential candidate for World Bank president.
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Investors Return To Hedge Funds As Performance Rebounds

Investors ploughed more money into hedge funds over the past month, data from hedge fund administrator GlobeOp shows, as hopes of a resolution to the euro zone debt crisis and a rebound in markets boosted confidence after last year's losses.
The new iPad Release Review

New iPad Effect: Top Places to Buy Apple iPad 2 at Cheaper Rates

Following the release of the New iPad, Apple dropped the iPad 2 price by $100 in the U.S. And getting cue from Apple, many national retailers have also cut the prices of the device. Here're the places you should visit to grab the Apple iPad 2 at lesser price compared to its original $499 price tag.
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Apple New iPad vs Asus Transformer Prime TF700T: Two Power-Packed Performers

The superior display and much improved processing power are among the major features that will certainly help the New iPad stay ahead of its arch rivals in the tablet market for quite some time. However, that doesn't mean that Apple won't be threatened for the crown. When it comes to raw processing power, Asus TF700T Transformer Prime, does stand out in the crowd.
A laboratory worker of Silimed factory checks silicone in Rio de Janeiro, in this picture taken on March 27, 2003.

New Silicone Gel-Filled Breast Implant Gets FDA Approval

The privately held Sientra Inc. on Friday joined the publicly traded Allergan Inc. and Johnson & Johnson (Mentor Worldwide LLC) as the only three companies to have won U.S. Food and Drug Administration approvals to market controversial silicone gel-filled breast implants.
File photo shows the headquarters of mortgage lender Freddie Mac in McLean

Freddie Mac Swings To Profit, Asks For Bailout

Freddie Mac requested $146 million from the U.S. Treasury to meet interest payment obligations on bailout funds, despite swinging to a profit, the troubled mortgage buyer reported Friday.
A man stands next to a globe displaying international stock market prices at the London Stock Exchange in the City of London

LSE Jumps More Than 8% On $614M LCH.Clearnet Deal

Shares of London Stock Exchange Group Plc (LON:LSE) soared more than 8 percent Friday morning, after the namesake bourse operator agreed to buy a majority stake in LCH.Clearnet, one of Europe’s largest clearing houses, for €463 million ($614.6 million).
Cruise ship

Carnival Swings To Loss In Fiscal 2012 1Q

The world's largest cruise line operator Carnival Corp. (NYSE: CCL) swung to a loss, as rising fuel costs and one-time write downs offset an increase in revenue, while the Costa Concordia tragedy had little effect on the bottom line.
Samsung Galaxy Note 10.1

New iPad vs Galaxy Note 10.1: Will Apple Beat Samsung’s Best Bet?

Apple has finally launched its much-awaited iPad - the New iPad. Stunning features, zippy processor and an amazing HD display, all that you wanted to see in your tablet, are now packed in Apple's latest iPad. But are they enough to compete with its Android rival Samsung?
Holey Optochip

IBM Breakthrough: Trillion-Bit Chip Moves Light Faster

IBM researchers have developed an optical chip that can transmit as much as a terabit, or 1 trillion bits, of data per second using commercially available products -- a breakthrough that could revolutionize computing.

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