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Transcontinental slashes 1,500 jobs to cut costs

Commercial printer Transcontinental Inc is slashing 1,500 jobs or about 10 percent of its workforce as a rapid deterioration of the economy forces its customers to cut back on marketing spending, it said on Wednesday.

Top RIM execs settle SEC charges

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fines that are much smaller than those Balsillie and Lazaridis agreed to pay in settling with the Ontario Securities Commission. According to the SEC's complaint, the executives made false and misleading disclosures about how RIM priced and accounted for options. From 1998 through 2006, the company and the four senior executives illegally granted options to RIM executives and employees by back...

Top RIM execs settle SEC backdating charges

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fines that are much smaller than those Balsillie and Lazaridis agreed to pay in settling with the Ontario Securities Commission. According to the SEC's complaint, the executives made false and misleading disclosures about how RIM priced and accounted for options. From 1998 through 2006, the company and the four senior executives illegally granted options to RIM executives and employees by back...
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RIM execs settle SEC option backdating charges

fines that are much smaller than those Balsillie and Lazaridis agreed to pay in settling with the Ontario Securities Commission. According to the SEC's complaint, the executives made false and misleading disclosures about how RIM priced and accounted for options. From 1998 through 2006, the company and the four senior executives illegally granted options to RIM executives and employees by back...
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Japan's economy slumps as global gloom spreads

TOKYO - Japan sank deeper into recession with its worst quarterly contraction since the oil crisis in the 1970s, its reliance on exports and soft domestic demand dragging down the world's second-largest economy. Hillary Clinton, in Tokyo on her first trip abroad as U.S. secretary of state, said Asia and the United States must fight the global crisis together. The U.S.-Japanese relationship was...
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Visa, MasterCard cut costs amid slowing revenue growth

As cash-strapped U.S. consumers think twice before buying a coffee or a newspaper, and banks fight for survival, Visa Inc and MasterCard Inc are cutting costs to sustain earnings. In their latest quarterly results, the world's largest payment networks beat expectations by slashing expenses and increasing prices.
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Chorus of opposition to U.S. protectionism grows

Japan's Prime Minister has joined the European Union, Canada and President Obama in criticizing possible protectionist trade policies on American goods being discussed as part of the U.S. economic stimulus plan.
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Taylor Swift to launch first national tour

Taylor Swift will launch her first nationwide tour called Fearless, which will take her to 52 cities in 38 states beginning Feb. 10 in San Antonio and stretching through the spring, summer and fall in the United States and Canada.
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Canada

Canada is one of the most exciting travel destinations in the world. It has many interesting cities, like Toronto, North Vancouver, Montreal or Halifax. But also some of the most impressive nature, which is great for outdoor activities, like hiking, skiing, rafting and fishing. Canada boasts a wide, diverse culture, which we celebrate with pride, and there is simply no way to see everything in one...
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Brazil

Brazil is the largest country in Latin America. It spreads across almost half (47.3%) of South America, and occupies a total area of 8,547,403.5 km2. It is the fifth largest country in the world after Canada, the Russian Federation, China and the United States. Except for a small number of islands, Brazil is a single and continuous land mass. The Equator passes through the northern region, near Ma...
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Tips on Taking the GMAT

Test taking is not easy. Here are some easy tips to help you avoid the most common pitfalls.
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Canada in recession until 3Q '09: Conf. Board

Canada's economy is expected to stay in recession for three quarters this year and contract 0.5 percent annually in 2009, according to forecasts by the independent, non-profit Conference Board of Canada,
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Sony goes thin with new 8-inch notebook

Sony unveiled the VAIO P Series Lifestyle PC, boasting that it is the world's lightest notebook with an 8-inch screen and weighing just 1.4 pounds at the Consumer Electronics Show in Las Vegas Wednesday.
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Diamonds suggest comets caused killer cold spell

Tiny diamonds sprinkled across North America suggest a swarm of comets hit the Earth around 13,000 years ago, kicking up enough disruption to send the planet into a cold spell and drive mammoths and other creatures into extinction, scientists reported on Friday.
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Sears Holdings Posts 1Q loss on Lower Sales

Sears Holding Corp. reported a surprise loss in its second quarter on Thursday, saying it lost $56 million in the first quarter and fell far short of Wall Street forecasts.
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Microsoft MessengerTV Launches in 20 Countries

Software giant Microsoft Corp launched a new online service in 20 countries on Tuesday that allow users to watch video clips at the same time as a network of friends while chatting via Windows Live Messenger.
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U.S. stocks Gain as Oil Retreats; HP Report

U.S. stocks rose the most in a week on Monday, in anticipation of better-than-estimated earnings while oil retreated from record highs, and a late afternoon report that Hewlett-Packard Co. is near a deal to buy Electronic Data Systems Corp. for as much as $13 billion.

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