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Fiat, Fiat Industrial Preference and Saving Shares Soar

Models pose in front of a Fiat Panda during the International Motor Show (IAA) in Frankfurt
Preference and savings shares in Italian auto maker Fiat SpA and truck and heavy machinery maker Fiat Industrial SpA soared on Friday after the two groups announced plans to convert these share classes into ordinaries.

Fiat, Fiat Industrial preference, saving shares soar

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Preference and savings shares in Italian auto maker Fiat SpA and truck and heavy machinery maker Fiat Industrial SpA soared on Friday after the two groups announced plans to convert these share classes into ordinaries.
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Gay Troops Challenge Defense of Marriage Act, Seek Equal Benefits for Spouses

Just five weeks after Pentagon lifted its Don't ask Don't Tell policy, a group of Gay U.S. service members have filed a lawsuit challenging the constitutionality of the federal Defense of Marriage Act. According to a report in the Boston Globe, the lawsuit asks the military to provide the same benefits to same-sex spouses as given to straight military personnel.
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Weaker Economies Dent Cellphone Growth in Q3: IDC

The global cellphone market grew 12.8 percent in the third quarter, showing the second-lowest growth rate over the past two years due to conservative consumer spending and delayed smartphone purchases, research firm IDC said on Friday.
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Oxy drills as fast as permits allow in California

Occidental Petroleum Corp expects to have drilled 195 shale oil wells in its home state of California by the end of this year, although it would like to drill far more if the permitting process allowed it.
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Gold Steady After EU Deal Spurs Risk Rally

Spot gold held steady Friday, on course for its biggest weekly rise in 33 months, after the euro zone's last-minute deal on containing the debt crisis cheered investors, but a rebound in the dollar may weigh on prices.
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Mosaid agrees to C$590 million sale to Sterling partners

Canadian patent licensing company Mosaid Technologies (MSD.TO: Quote) said late on Thursday that it agreed to be bought by U.S.-based private equity firm Sterling Partners for C$590 million ($596 million), which trumped a hostile bid from rival Wi-Lan Inc (WIN.TO:Quote) for C$532 million.
Murder rate drops to 44-year low

Canada's Murder Rate Drops to 44-Year Low

Canada's murder rate in 2010 fell to a 44-year low of just 1.62 per 100,000 people, official data showed on Wednesday, just a day after the government said it would ease the country's strict gun laws.
File photo of Saudi Interior Minister Prince Nayef attending a news conference in the holy city of Mecca

Saudi King Abdullah Names Brother Nayef Crown Prince

Saudi Arabia's King Abdullah has appointed Interior Minister Prince Nayef as the new crown prince, the royal court said in a statement issued Friday, signaling an orderly process of future succession in the world's largest oil exporter.
Michele Bachmann

Tea Party Group to Michele Bachmann: Time to Quit Race [FULL TEXT]

It's time for Michele Bachmann to go, writes Ned Ryun, president of American Majority, in an official statement echoed by the majority of the Tea Party organization. Bachmann's floundering campaign and recent focus on social issues have alienated former supporters, who now argue the GOP candidate is not an adequate spokeswoman and has no chance of winning the primary.
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EA raises forecast less than expected, shares fall

Electronic Arts Inc's second-quarter results beat Wall Street estimates and the video game maker raised its earnings forecast because of the upcoming holiday title Star Wars: The Old Republic, which it expects to be a hit.
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Yahoo, bidders at impasse over nondisclosure

Despite all the rumored interest in Yahoo Inc, progress on a deal has hit a brick wall mainly due to the company's lack of strategy and restrictive confidentiality agreement, people familiar with the situation said.
Emma Lazarus

Statue of Liberty: Remembering Emma Lazarus and Her 14 Iconic Lines

In 14 lines engraved on a plaque on the pedestal of the Statue of Liberty, Emma Lazarus (1849-1887) captured the belief in the American Dream that has defined the United States' self-image for more than a century and moved millions of immigrants to seek refuge here.
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Spielberg's Tin Tin opens strong in Europe

Steven Spielberg's The Adventures of Tintin enjoyed a flurry of strong opening days in Europe this week, grossing $4.7 million in France, $237,776 in Belgium and $161,549 in Holland.
McRib Returns

Why the McRib is Unhealthy for You

The craze for McDonald's limited time offer of the McRib has begun again, but consumers might want to take a look at some of the item's ingredients before running out to order one.

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