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IMF Warns Greece: Shape Up Or Else

The International Monetary Fund’s (IMF) chief official responsible for Greece has warned the debt-stricken country must take even more austerity measures in order to reduce its massive budget deficit.
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Futures flat on caution before Fed minutes

Stock index futures were little changed on Wednesday as investors turned cautious before news from the Federal Reserve, offsetting gains in computer maker Dell and a rebound in commodity prices.
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Insider trial jurors asked about Rajaratnam, bias

In a trial of three New York securities traders on insider trading charges, several jurors told the judge on Tuesday they could consider the case separately and impartially from last week's conviction of high-profile Galleon Group hedge fund founder Raj Rajaratnam.

Newt Gingrich apologizes

In an attempt to quell the furor over his comments on Medicare and health care, Republican presidential hopeful New Gingrich is now doling out apologies.
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Staples posts weak Q1 results, slashes outlook

Staples Inc reported lower-than-expected quarterly results on higher costs and weak demand for office supplies, prompting the top U.S. office supply chain to slash its full-year outlook.

Saif Al-Adel could be more dangerous than Osama

A former Egyptian Special Forces officer and an extensively trained and experienced military strategist, Saif Al-Adel, the alleged newly appointed interim chief of Al-Qaeda could prove to be more dangerous than Osama Bin Laden. More than a mere surprise, his appointment as Al-Qaeda's 'caretaker' has great strategic implications.
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Staples results miss estimates; shares fall

Staples Inc reported lower-than-expected quarterly results on higher costs and weak demand for office supplies in an uneven economy, sending its shares down more than 8 percent.
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WTO to rule on Airbus subsidy appeal

European planemaker Airbus will find out later on Wednesday whether trade judges have upheld a ruling that it benefited from billions of dollars in illegal subsidies that punished its rival Boeing .

Obama's ratings on economy dismal: AEI

President Barack Obama's handling of the economy remains a concern for Americans, though the killing of Bin Laden has boosted his overall poll ratings, according to the American Enterprise Institute (AEI).

Top Al Qaeda leaders hiding in Pakistan

Pakistani security forces arrested senior al-Qaeda official Muhammad Ali Qasim Yaqub (alias Abu Suhaib al-Makki) in Karachi on Tuesday. Muhammad Ali is believed to have worked directly with al-Qaeda operatives on the lawless Pakistan-Afghanistan border.

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