UNITED STATES

IMF Seeks More Funds for Europe Rescue; U.S. Wary

IMF head Christine Lagarde gestures during a news conference at the G20 meeting at the ministry in Paris
The International Monetary Fund is seeking to more than double its war chest by raising $600 billion in new resources to help countries deal with the fallout of the euro zone debt crisis, but the United States and other countries are throwing up roadblocks.
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Anthony Chiasson, who co-founded the Level Global Investors hedge fund, exits United States Court in lower Manhattan

Feds Charge 7 in $62M Dell Insider-Trading Case

U.S. prosecutors charged seven people, described as a circle of friends who formed a criminal club, with running a $62 million insider trading scheme - the latest salvo in a years-long probe of suspicious trading at hedge funds.
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IMF seeks more funds

The International Monetary Fund is seeking to more than double its war chest by raising $600 billion in new resources to help countries deal with the fallout of the euro zone debt crisis, but the United States and other countries are throwing up roadblocks.
A BlackBerry handset is displayed in Washington

Samsung Denies Interest in Buying BlackBerry Maker RIM

Samsung has been rumored to be interested in purchasing Research In Motion, the company that makes BlackBerry smartphones, but Samsung has now denied it has any interest in the Canadian company. Samsung doesn't want to buy them and they won't be doing any software licensing of BlackBerry software either, a Reuters report said Jan. 17.
NYSE

U.S. Stocks Reach Highest Level Since July

Stocks jumped to their highest since July on Wednesday as the International Monetary Fund sought to help countries hit by the European debt crisis, while forecast-beating earnings from Goldman Sachs dispelled some worries over bank profits.
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Wall Street Gains 1% as IMF Gives Europe Hope

Stocks jumped to their highest since July on Wednesday as the International Monetary Fund sought to help countries hit by the European debt crisis, while forecast-beating earnings from Goldman Sachs dispelled some worries over bank profits.
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China opposed to U.S. listing Taobao as market for piracy

China is greatly concerned and strongly opposed to the United States' listing of Taobao, the country's largest consumer e-commerce website, as a notorious market for piracy, a spokesman for China's Ministry of Commerce said on Wednesday.
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Wall Street jumps as IMF offers Europe hope

Stocks gained on Wednesday as the International Monetary Fund sought to help countries hit by the European debt crisis, while Goldman Sachs' healthy earnings gave the financial sector another boost.
Apple is reportedly planning to build a seventh NYC Apple Store in Forest Hills, Queens. While Queens residents are thrilled, Brooklyn is left wondering, "Where is the love for the artists?"

Apple Store Coming to Queens, NYC: Why Not Brooklyn?

Apple is reportedly in talks to bring an Apple Store to Queens, New York -- specifically, Forest Hills. This would be the seventh Apple Store in NYC and the second outside of Manhattan, but why wasn't Brooklyn chosen as the next location?

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