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Dow, S&P gain on signs of Greece help, Nasdaq off

The Dow and S&P 500 edged up on Friday after France and Germany reached an outline agreement to aid debt-burdened Greece, but the Nasdaq declined and analysts said a recent bearish trend may not be over.
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Wall Street rises on sign of progress on Greece

Stocks rose in volatile trading on Friday after France and Germany said they reached an outline agreement to aid debt-burdened Greece, while a gauge of future U.S. economic activity was stronger than expected.
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Biggest banks may face stiffer capital surcharge

The world's biggest banks face a capital surcharge of up to three percent in a bid to keep taxpayers off the hook next time a lender gets into difficulty, Bundesbank and industry officials said on Friday.
Washington's First CIO, Vivek Kundra to Resign in Mid August

Washington's First CIO, Vivek Kundra to Resign in Mid August

The United States' first chief information officer (CIO) Vivek Kundra, 36, will resign and leave the Obama administration in middle of August, according to the White House. After resignation he plans to take on a fellowship post at Harvard University.

New Book On 1971 Bangladesh Civil War Sparks Outrage

Forty years after the end of the 1971 East Pakistan war – which resulted in the independence and formation of the modern nation of Bangladesh – a new book on the conflict by an Indian author has sparked outrage among Bengalis around the world.
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RIM shares plummet on weak results, outlook

Shares of Research In Motion Ltd fell more than 15 percent in pre-market trade on Friday, a day after the Blackberry maker posted weak quarterly results and outlook, prompting two analysts to downgrade the stock and several others to cut their price targets.
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SEC could file civil charges against some raters: report

U.S. regulators could file civil fraud charges against some credit rating agencies, and settle with more Wall Street banks, for their role in developing mortgage-bond deals that helped trigger the financial crisis, the Wall Street Journal reported, citing people familiar with the matter.
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RIM Challenged, Shares Sink Sharply

As competition heats up, Canadian telecommunication company Research in Motion (RIM) is fast losing its standing in the highly competitive mobile market.
Research in Motion Struggles; Shares Drop

Research In Motion = Ctrl + Alt + Delete?

Research In Motion saw a challenging first quarter and the same troubles - hardware gap, BB7 delays, competitive headwinds, average selling price pressure - are weighing on its second quarter too.
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Mexico's Carstens: too early to comment on Japan

Mexican Central Bank Governor Agustin Carstens, a contender to head the International Monetary Fund, said on Friday that it would be premature for him to comment on whether he earned Japan's support for his bid to become head of the fund.

Where is Al-Zawahiri?

The new Al Qaeda boss has been in hiding since 2001. Will the United States locate him soon?

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