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McDonald's likely to raise prices in 2011

McDonald's Corp plans to raise prices this year to help offset an expected rise in its grocery bill for the 10 commodities that account for around 75 percent of its food preparation costs.
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Analysis: Be careful what you wish for: the China Price starts

Call it the price of success. China is starting to pass on the rising cost of labor and other manufacturing inputs as it restructures its economy, creating a potential new inflation headache for Western countries already grappling with surging commodity prices.
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US top court upholds anti-bias law protections

The U.S. Supreme Court ruled on Monday that a federal law barring retaliation against a worker for complaints about on-the-job discrimination also protected the employee's relative from unlawful dismissal.

Inside Cuba, small businesses ramp up tourism offer

Communist Cuba's recent easing of red tape for private enterprise is improving services for tourists in provincial towns on the Caribbean island, with hundreds of new restaurants and lodgings opening up.

Iran executes someone every nine hours

Iran has hanged two men for their activities during the turmoil following President Ahmadinejad’s controversial election victory in 2009. Iran has now executed 64 people is just the past twenty-four days, or on average one person every nine hours.
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Intel boosts buyback funds as shares underperform

Intel Corp authorized another $10 billion to buy back its shares, which have been under pressure in recent months from concerns that the giant chipmaker is falling behind in the exploding mobile market.
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Judge temporarily delays loan document shredding

A U.S. bankruptcy judge temporarily blocked bankrupt subprime lender Mortgage Lenders Network USA from destroying 18,000 boxes of original loan files after federal prosecutors said documents in them may be needed as evidence in more than 50 criminal investigations.
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Luxottica sees solid 2011 after record year

Luxottica , the world's biggest premium eyewear group, expects a solid 2011 after stronger demand for luxury brands, especially in the United States and Asia, boosted 2010 sales to record levels.

Breakthrough after U.S. warns China on North Korea

The United States warned China it would redeploy forces in Asia if Beijing failed to rein in North Korea, an Obama administration official said on Friday, as Pyongyang bowed to Seoul's demands for crisis talks.

Remembering Jack LaLanne

Famous muscleman, fitness guru, and living well advocate Jack LaLanne passed away yesterday at the age of 96. Remember his work with this collection of videos and links.
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Gold edges up as price drop attracts buyers

Gold rose on Monday as lower prices after the metal's third consecutive weekly loss attracted some buyers back to the market, but a more optimistic view of global growth still limited fresh investment.
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Steel Dynamics profit lags Street on lower volumes

Steel Dynamics Inc's quarterly fell short of Wall Street estimates for the third successive time on lower flat rolled volumes and pricing, but the fifth-largest U.S. steelmaker said it expects 2011 to be favorable.
Cocoa bags are seen in a warehouse in Gonate, western Ivory Coast,

Cocoa soars on Ivorian export ban, Cargill complies

Cocoa surged to near its highest price in 30 years as U.S. trader Cargill complied with demands for an export ban from top producer Ivory Coast by Alassane Ouattara, who aims to stop cash reaching his presidential rival.

Nigeria wants UN backing for force in Ivory Coast

Nigeria wants U.N. backing for military intervention in Ivory Coast to prevent it slipping into a civil war that could destabilise the West African region, Foreign Minister Odein Ajumogobia said on Monday.

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