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Olympus says panel finds no criminal links yet in M&A deals

Japan's Olympus Corp said on Monday that a third-party panel appointed by the company to look into an accounting scandal has, so far, found no evidence that funds from its M&A deals went to organized crime syndicates or that yakuza gangsters were involved.

Areva denies France job: cuts report

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France's Areva denied a report by Agence France Presse that said the state-owned nuclear reactor maker was planning over 1,000 job cuts in France as part of a strategic overhaul under new management.

Perry Signs Iowa Christian Group's 'Marriage Vow'

Rick Perry
Rick Perry has become the third Republican presidential candidate, along with Michele Bachmann and Rick Santorum, to sign a marriage vow promoted by the Family Leader, a conservative Christian group in Iowa.
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Wall Street tumbles on Europe, recession worries

U.S. stocks tumbled on Monday, with the Dow turning negative for the year, as concerns about heavy debt loads both in the United States and Europe heightened worry about recession and increased volatility.
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Gold bullion from American Precious Metals Exchange

Gold Plunges 2.7% on Sovereign Debt Fears

Gold hurtled toward a one-month low Monday as fear that neither the U.S. nor Europe are able to tackle their sovereign debt problems drove investors to the dollar.
President John F. Kennedy

Remembering President John F. Kennedy

It has been said that the U.S. lost its innocence on November 22, 1963. Forty eight years have passed since President John F. Kennedy was assassinated on that horrific day in Dallas. And in some sense, the nation has never fully recovered.
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Text-message bullying becoming more common

NEW YORK - A growing number of U.S. kids say they have been picked on via text messaging, while there has been little change in online harassment, researchers reported Monday.
Yukon territory south of Whitehorse

Gold Prices Tumble More Than 2%

Gold dropped more than 2 percent on Monday, hit by margin selling related to an equities sell-off that stemmed from mounting fears about government debt in Europe and the United States.
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TIMELINE-How Canada tamed its budget crisis

Under pressure from financial markets, Canada eliminated its budget deficit in short order in the 1990s, going from the second worst fiscal performer in the Group of Seven industrialized nations, after Italy, to the top of the pack.
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Wall Street Sinks on Global Debt Worry

U.S. stocks dropped more than 2 percent on Monday, as mounting concern about heavy debt loads both domestically and abroad increased uncertainty in an already troubled and volatile market.
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Direct Edge to open new exchange in Brazil

U.S.-based stock exchange operator Direct Edge plans to open a bourse in Brazil in a move meant to tap the country's fast-growing financial sector, and to speed the splintering of marketplaces globally.
A generic picture of a some credit cards and debit cards.

U.S. is Now the World's Leader in Credit Card Fraud

U.S. currently accounts for 47 percent of the global credit and debit card fraud, while only generating 27 percent of the global total volume of purchases and cash, according to a recent Nilson Report, a trade newsletter on the payments industry.
Gold jewelry

Gold Falls Below $1,700, Support Seen at $1,680

Gold prices tumbled below the psychologically significant $1,700 level Monday as fears that neither the U.S. nor Europe appear able to make progress on their sovereign debt problems drove investors to the dollar.
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China's Hony Capital raising up to $2.6 billion: sources

Hony Capital, one of China's most successful private equity funds, aims to raise up to $2.6 billion in a new fund, two sources said on Monday, in what is set to be the biggest ever dollar fundraising for a China-based firm.
Iranian President Mahmoud Ahmadinejad

U.S. to Name Iran Area of 'Money Laundering Concern'

It was unclear what exact steps the Treasury planned for Iran but it seemed unlikely it would seek to cut off the Iranian financial sector entirely, a move that could disrupt the global energy markets and harm the U.S. economic recovery.

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