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AIG says repays U.S. government $1.5 billion

American International Group said on Thursday it has repaid the U.S. Treasury its remaining $1.5 billion preferred equity investment, but the insurer still owes taxpayers an estimated $45 billion for the bailout it received during the financial crisis.

Opel to submit plant closure plan to board: sources

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General Motors' Opel managers will present a business plan next Wednesday to the unit's board that likely will involve closing two plants in Europe to reduce manufacturing capacity by some 30 percent, people familiar with the company's thinking said on Thursday.
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Facebook buys 750 patents from IBM: source

Facebook has acquired hundreds of patents from International Business Machines Corp as the social networking company attempts to bolster its intellectual property portfolio in the wake of a lawsuit filed by Yahoo.
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GameStop expects higher sales this year

GameStop Corp gave a fiscal-year outlook on the high end of analysts' estimates, saying it expects to boost sales of used videogames and to benefit from new hardware from Nintendo Co Ltd.
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Wall Street's face in Washington to step down

The chief lobbyist for the largest U.S. financial institutions will step down at the end of 2012, after more than a decade of waging regulatory battles, a trade group said on Thursday.
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Canadian National Railway Buying 161 Locomotives

Canadian National Railway Co. (NYSE: CNI) said Thursday it is buying 161 locomotives to accommodate anticipated traffic growth over the next two to five years and boost operational efficiency.
Who Is French Gunman Mohammed Merah? 5 Things To Know About The Islamic Jihadist

French Gunman Merah On FBI Terror Watch Since 2010

The French citizen of Algerian heritage had been on the U.S. watch list for two years before he began the rampage that led to his death Thursday. He is believed responsible for the shooting deaths of seven people, including schoolchildren, in Toulouse.
Galaxy S3

Samsung Galaxy S3 Gets April Release Date: What About Specs?

An earlier leak suggesting a May announcement for Samsung's Galaxy S3 seemed quite legitimate and believable, but South Korean news site MK now reports that Samsung is still considering an April launch for the highly anticipated smartphone.

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