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How Verizon-iPhone tie-up would affect consumers and competition

How Verizon-iPhone tie-up would affect consumers and competition

Media has been set abuzz with the expectations that the Verizon's Tuesday, 8 a.m. announcement in New York will be the news that the iPhone will be available on its network. Here are some factors on how Verizon-iPhone tie-up would affect consumers and competition

Alaska pipeline to bypass leak, restart seen

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Alaska's main oil pipeline was still expected to restart this week with plans to bypass a leaking section that forced the line to shut down on Saturday, idling 12 percent of U.S. oil production, a source familiar with its operations said on Tuesday.
Is it fair for Brazil to brand the U.S. along with China as a currency manipulator?

Brazil’s ‘currency war’ rhetoric is phoney

Brazil's Finance Minister Guido Mantega has accused the United States of engaging in currency manipulation, and said his country would raise this issue at the World Trade Organization (WTO), adding that the U.S. and Chinese policies are fomenting a trade war.
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Holiday surprises help Sears and Tiffany

The holiday shopping season still delivered a few surprises on Tuesday, both naughty and nice, showing that the U.S. economic recovery is not strong enough to lift all retailers.
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Assange could face death penalty in U.S.: lawyers

WikiLeaks founder Julian Assange will argue he should not be extradited from Britain to Sweden over alleged sex crimes because he could end up in the United States facing the death penalty, his lawyers said on Tuesday.
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Lennar tops Wall Street's view, shares up

Lennar Corp , the third-largest U.S. homebuilder, reported quarterly results that bested Wall Street estimates and said it expected a profitable 2011, sending its shares up more than 7 percent.
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Futures rise after strong Alcoa earnings

U.S. stock index futures rose on Tuesday as the fourth-quarter earnings season unofficially got started with a strong profit beat from Alcoa and as Europe rebounded from recent losses.
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CSR settles Broadcom dispute

British chipmaker CSR said it had settled its legal battle over technology patents with U.S. rival Broadcom Corp, boosting the Bluetooth and Wi-Fi specialist's shares on Tuesday.
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Assange due in UK court over Swedish extradition

WikiLeaks' founder Julian Assange is due to appear in a London court Tuesday as lawyers draw the battle lines in his fight to avoid extradition to Sweden for questioning about alleged sex crimes.
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China vows tougher punishments for copyright piracy

China has arrested more than 4,000 people for violating intellectual property rights since November and will enforce tougher punishments to combat the rampant problem, a senior government official said on Tuesday.

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