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Nissan beats expectations as it recovers from quake

Nissan Motor Co <7201.T> reported a smaller-than-expected 10.4 percent decline in quarterly operating profit on Wednesday as it recovered swiftly from a parts shortage that hammered the industry after the March 11 earthquake.

Gold Up on Lack of US Debt Progress; Stocks flat

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Gold prices hit a record high at more than $1,623 an ounce and Asian stock markets were largely flat, as news out of Washington indicated politicians were making little progress in ending the deadlock over lifting the U.S. debt ceiling.
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U.S. Open looms large for fit-again Del Potro

With his frustrating wrist injury finally behind him and the U.S. Open looming large next month, the smile is back on Juan Martin Del Potro's face as he prepares for this week's ATP event in Los Angeles.
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Dollar falls, gold rises with no US debt progress

Asian stocks and the U.S. dollar fell on Wednesday while gold hit a record high at more than $1,623 an ounce, as a drip feed of news out of Washington indicated politicians were making little progress on a plan to lift the U.S. debt ceiling.
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Reid's debt plan could speed wireless auctions

Efforts to give U.S. regulators the authority to auction off some television airwaves for mobile broadband use are getting a boost in a debt ceiling plan proposed by Senate Majority Leader Harry Reid.
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Amy Winehouse sales spike after her death

Thousands of Amy Winehouse fans went to "Rehab" in the United States for a fresh listen to the British songstress who died late last week, according to figures released on Tuesday.
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BP and Phibro join Q2 oil market losers

Global giant BP and trading house Phibro joined the list of market titans wrong-footed by last quarter's oil volatility, while Deutsche Bank emerged with record commodity earnings.
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Activists come of age at Oscars for hackers

The computer hacking community is gearing up for its own version of the annual Oscars, with two notorious hacktivist groups and industry heavyweight WikiLeaks among those vying for the top award.
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Patents take spotlight as Kodak posts losses

Eastman Kodak Co posted another loss as the once-iconic photography company faced high raw material costs and struggled to shift its focus from film toward digital cameras and printers.
At Issue: Killer Bees

Killer Bees: Are They Headed to Your Town?

African killer bees, aided by human transport, have now reached as far north as Central California, after an attack on a 70-year-old man. Are they headed for your county or town next?
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Walmart Express hits Chicago

Wal-Mart Stores Inc is opening its first small store in Chicago this week in the first true test of a store format the world's largest retailer hopes will let it penetrate urban markets that it so far has had trouble cracking.
iPhone 5 Concept

Apple iPhone 5 Launching on Sept. 5 with iOS 5: Report

Rumors about the release date of the next generation iPhone, dubbed iPhone 5, are buzzing and the latest rumor is that iPhone 5 will release on September 5 in the U.S., with an international release scheduled a month later.

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