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Compensation claims mount against Porsche and VW: court

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Claims against Porsche and Volkswagen filed with a German court have reached 1.8 billion euros ($2.3 billion), the court said, as compensation demands pile up for allegedly holding back crucial information from shareholders.
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Jobs hopes buoy stocks, debt outlook dents

Stocks firmed on Friday on hopes that U.S. jobs data due later in the day will show a stronger outlook for the world's biggest economy, but the euro hit a 16-month low on worries over the region's economic health and further debt sales due next week.
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HTC net lags forecast amid tough competition

Taiwanese smartphone maker HTC Corp recorded a worse-than-expected yearly profit decline in the fourth quarter, and the first decline in two years, as its models scrambled to compete with Apple Inc's iPhone and Samsung's Galaxy range.
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LG Elec says joins Google to roll out Google TV

LG Electronics Inc said on Friday it would unveil its first Google TV next week, joining Sony Corp and Samsung Electronics Co in partnering with the search giant to get a foothold in the emerging Internet TV market.
Keystone XL Pipeline Protests

Keystone XL Pipeline Obama-Cheney Secret Phonecall Revealed! Just a New Yorker's Opinion

Recently, a thumb-drive with an audio file on it arrived in my mail. When I plugged into the laptop, which is an Apple, so I don't have to worry too much about viruses, I heard this recorded call between President Barack Obama and former Vice President Dick Cheney talking about the National Defense Authorization Act (NDAA) and the Keystone XL pipeline.
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MF Global trustee tussles with regulators: report

MF Global's bankruptcy trustee, Louis Freeh, has refused to turn over some documents to the Commodity Futures Trading Commission , which is investigating what happened to an estimated $1.2 billion in missing customer funds, the Wall Street Journal said.
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Hiring seen gaining traction in December

U.S. employment likely grew solidly last month, but the jobless rate probably rose from a 2-1/2 year low as improving conditions lured some Americans who had given up looking for work back into the labor market.
Former Olympus CEO Michael Woodford waves from a car window as he leaves at a news conference at the Japan National Press Club in Tokyo

Woodford to Sue Olympus Over Dismissal

The ousted British CEO of Olympus Corp abandoned his three-month battle to replace the management of the scandal-tainted maker of medical devices, blaming big Japanese shareholders for not backing his campaign to take back the helm.
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Judge unlikely to toss Gupta insider trial tapes

A New York federal judge on Thursday damped hopes that he would throw out government wire tap evidence in the insider trading trial of Rajat Gupta, a former board member of Goldman Sachs and Procter & Gamble .
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Kanye West floods Twitter with train of thoughts

LOS ANGELES, JAN 5 - Rapper Kanye West had the Twitterverse buzzing on Thursday after posting a series of more than 80 tweets in a train of thoughts that left many fans and critics scratching their heads.
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Samsung estimates record Q4 profit on strong smartphones

Samsung Electronics, the world's top maker of memory chips and smartphones, estimated on Friday its October-December profit would jump 73 percent to a life-time high, aided by one-off gains and record-smashing sales of smartphones.

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