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Apple revenue jumps, beats expectations

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Apple Inc on Tuesday reported quarterly revenue that handily beat Wall Street's estimates, driven by strong demand for its iPhones and iPads, sending its shares more than 5 percent higher.
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LightSquared creditors unite against Phil Falcone

Hedge fund manager Philip Falcone will face a united front when negotiating with key investors that own bank debt sold by LightSquared, the money-losing wireless telecom company controlled by his fund.
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Lamborghini SUV: 'Urus' R&D Director Reveals Specs, Details, Price [PHOTOS]

At the Beijing Auto Show on Monday Lamborghini unveiled their first sports utility vehicle (SUV) in almost 20 years, the Urus, which will cost $200,000 and likely be available for purchase in 2015. Research and development director Maurizio Reggiani revealed details and specs regarding the new model in an interview with Automobile Magazine. Check out the interview and photos of the car here.
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Facebook IPO: 5 New Danger Signs For Investors

Assuming the $77 billion initial public offering by Facebook is approved, investors will likely clamor for shares just as in earlier web frenzies for Netscape Communications, Yahoo (Nasdaq: YHOO) and Google (Nasdaq: GOOG).. But dangers loom.
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Wal-Mart creates global anti-bribery watchdog post

Wal-Mart Stores Inc said on Tuesday that it has created a new global position to oversee compliance with a U.S. law that forbids bribes to foreign officials as it grapples with a bribery scandal that has led to more than $10 billion being cut from its market value.
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U.S. Charges Ex-BP Engineer With Obstructing Spill Probe

A former BP Plc engineer was arrested and charged on Tuesday with trying to destroy evidence related to how much oil was spilling from the company's broken well in the Gulf of Mexico in April of 2010, the U.S. Justice Department said.
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CFTC's Sommers says no conclusions yet on MF Global

The futures regulator has the power to go after top executives who aid and abet violations by their companies, said Jill Sommers, who is heading up the Commodity Futures Trading Commission's probe into bankrupt brokerage MF Global.
Consumer Confidence Slips

Consumer Confidence Slips In April

Consumer confidence fell slightly in April, the second straight monthly decline, as a stuttering economic recovery kept purse strings tight, according to a survey released Tuesday.
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Calderon presses for U.S. answer on Pacific trade pact

Mexican President Felipe Calderon on Tuesday gave an impassioned defense of free trade as Mexico waits for the United States and others to decide whether it will be allowed to join talks on a trade pact in the Asia-Pacific region.

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