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Equities down but not out on U.S. soft patch

Asian stocks slid on Thursday, with a steady stream of weak U.S. data putting a damper on risk taking ahead of Friday's payrolls report, though valuations will probably in the near term limit a big decline in global share prices.

Toyota to recall 52,000 Prius cars in US over safety issues

Toyota Motor Corporation is recalling 106,000 Prius cars globally to replace the electric power steering pinion shaft attachment nuts, the carmaker said in a statement. Of the total, approximately 52,000 would be from the United States.
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New cyber war: Did Chinese state authorize hacker attack on US and allies?

Chinese hackers broke into the personal Gmail accounts of senior officials and military personnel of the U.S. government and it allies and stole sensitive data, setting the stage for an era of heightened cyber tension between the world's top military powers. The latest hack attack, which might bring Google and the Chinese administration into a fresh fist fight, was precisely planned and executed, raising doubts if the Chinese state had authorized it.
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Obama agrees to candid photos

President Obama and The White House have agreed to let a single news photographer capture candid pictures during presidential speeches.
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Cellphone study raises profile on safety lawsuits

The Supreme Court is considering the fate of litigation against cellphone makers over safety risks, just as the industry comes under more scrutiny in the wake of a health report from the World Health Organization.
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Expedia, Groupon create travel deal website

Online coupon service Groupon and online travel agency Expedia Inc have created a website to offer people travel deals and to let travel suppliers expose their brands to shoppers.
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June starts ominously for teetering Wall Street

Wall Street ended a four-day rally with its worst session since August on Wednesday and could suffer more losses in coming days as investors faced more signs the economic recovery is fading.
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Cell phone study raises profile on safety lawsuits

The Supreme Court is considering the fate of litigation against cell phone makers over safety risks, just as the industry comes under more scrutiny in the wake of a health report from the World Health Organization.

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