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Vanessa Hudgens Replaces Britney Spears As the New Face of Candie's [PHOTOS]

Britney Spears
It seems being a Candie's girl is actually a lot of fun for the stars. Thnx, @BritneySpears, you're a tough act to follow, Hudgens posted via Twitter. But, I'm so excited to be the new Candie's girl for 2011!! - xo, Vanessa. Photos have been released of the 22 year old star in lingerie, floral dresses, and other glammed out accessories. Ever since I saw Fergie do the ads for Candie's I fell in love, Hudgens said in a promo interview. It's such an hon...
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Stocks rise, euro steady after flight to safety

World stocks clawed back some recent losses and the euro steadied on Tuesday as investors paused from selling riskier assets in the face of the euro zone debt crisis and worries about Washington's debt ceiling fight.
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Murdoch has board backing

News Corp independent directors are fully behind Rupert Murdoch, a board member told Reuters on Monday, as his iron grip on his vast media empire came under question because of the hacking scandal that already has consumed his London newspaper company.
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News Corp directors back Murdoch: board source

News Corp independent directors are fully behind Rupert Murdoch and his management team and are not drawing up plans to promote Chief Operating Officer Chase Carey to the position of CEO, a board member told Reuters on Monday.
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Summers: U.S. Default Would Be Worse Than Lehman's

A U.S. Government default must be avoided by Washington lawmakers at all costs, former U.S. Treasury Secretary Lawrence Summers underscored, as it would trigger a financial panic worse than that precipitated by the collapse of Lehman Brothers in late 2008.
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Ex-trader admits threatening to kill regulators

A former commodities trader pleaded guilty on Monday to threatening to kill more than 40 financial regulators, including the heads of the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission.
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Lockhart: Fed could keep rates low much longer

The Federal Reserve faces a high bar for further monetary stimulus in the absence of deflation risks, but could maintain rock-bottom borrowing costs for a long time, a top central bank official said on Monday.
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Wall Street drops on global debt woes

Stocks dropped on Monday as bank shares bore the brunt of investor frustration over governments' inability to solve debt crises in the United States and Europe.

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