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Exclusive: Access, Sony, Universal weigh EMI bids

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Len Blavatnik's Access Industries, Sony Music Entertainment and Vivendi SA's Universal Music Group are among the music companies and private equity firms interested in buying EMI Group Ltd , people familiar with the situation said.

Obama, Boehner, Hill Leaders Nearing Debt Deal

U.S. President Barack Obama (right) with House Speaker John Boehner
President Barack Obama, D-Ill. and Speaker John Boehner, R-Ohio moved closer toward a landmark debt deal late Thursday -- one that would avoid a U.S. default and implement major tax code changes, if approved. However, aides to both were lowering expectations, given the importance of the talks, so as to not jeopardize delicate negotiations within each caucus.
U.S. President Barack Obama

Reminscing the Past, the Presidential Way

The ongoing healthcare reforms cannot be isolated from the controversy that has exposed President Barack Obama's desperation to tag along his mother, who was often portrayed as a victim of health care insurers.
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Sony insurer sues to deny data breach coverage

One of Sony Corp's insurers has asked a court to declare that it does not have to pay to defend the media and electronics conglomerate from mounting legal claims related to a massive data breach earlier this year.
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Greek deal lifts stocks, euro; debt talks eyed

World stocks hit a two-week high on Friday and the euro and oil prices rose after European leaders agreed on a package to rescue Greece that hopes to prevent the region's debt crisis from deepening.
La Familia

Project Delirium: Mexican Drug Cartel Busted

Project Delirium, a 20-month multi-agency law enforcement investigation, which targeted the La Familia Michoacana drug cartel, has been successful in arresting approximately 1,985 individuals on narcotics-related charges, the Department of Justice (DoJ) announced today.
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Greek deal lifts euro, stocks; outlook cloudy

Asian stocks rose and the euro climbed to a two-week high on Friday after European leaders agreed on a package to rescue debt-stricken Greece and gains will be sustained if U.S. policymakers also manage to cobble together a last minute deal.
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Japanese tech giants aim to bounce back from quake

Japan's major consumer electronics makers are expected to show April-June earnings collapsed due to the March earthquake, but focus is turning to whether they can meet their forecasts for a swift recovery, given a fragile global economy.
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U.S. cyber arrests seen leading to more hackers

The FBI's arrest this week of 16 people who allegedly participated in high-profile cyber attacks is providing a treasure trove of information and will lead to further arrests, a U.S. law enforcement official told Reuters on Thursday.
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Hackers target intelligence agency contractors

Hackers, likely working for foreign governments, are actively trying to steal classified government data by breaking into the computer networks of contractors that work for U.S. intelligence agencies.
Marijuana Field

Why DEA is Against Legalizing Smoked Marijuana

As the clamor for legalizing marijuana peaks in US, the Drug Enforcement Administration (DEA) remains adamant on its stand that smoked marijuana is harmful. Since the prescription medicine Marinol, which is a synthetic form of Delta-9-THC, the chemical found in smoked marijuana that treats distressing symptoms, is available for the medical consumption, DEA believes that legalizing smoked marijuana will only lead to misuse.
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Exclusive - Access, Sony, Universal weigh EMI bids

Len Blavatnik's Access Industries, Sony Music Entertainment and Vivendi SA's Universal Music Group are among the music companies and private equity firms interested in buying EMI Group Ltd , people familiar with the situation said.
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Wal-Mart to once again share U.S. store data

Wal-Mart Stores Inc will no longer keep a tight lid on its U.S. sales data after agreeing to share information with outside research firms to help it better understand how and why customers make choices.
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Google boosts federal lobbying

Google Inc boosted its spending to lobby the U.S. government by 54 percent in the second quarter, as the world's No.1 Internet search engine faces an investigation by the Federal Trade Commission.
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Italy's Fiat now Chrysler's majority shareholder

Italy's Fiat SpA bought the U.S. and Canadian governments' stakes in Chrysler Group LLC, becoming the majority shareholder in the U.S. automaker with the ability to appoint more board members.
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Regional factories resume growth

Factory activity in the Mid-Atlantic region rebounded in July, but stubbornly high new filings for jobless benefits suggested an expected pick-up in economic growth in the second half of 2011 would be modest.

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