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U.N. narcotics board warns of prescription drug abuse

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The International Narcotics Control Board (INCB) also pointed to a rise in the use of so-called date rape drugs, as sexual abusers try to get around more rigorous controls with substances not banned by international drugs laws.
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Supreme Court: Companies are based where execs are

The U.S. Supreme Court said a corporation's principal place of business is where its top executives work, typically at the corporate headquarters, rather than where its products or services are sold.
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Futures point higher; focus on Bernanke

U.S. stock index futures pointed higher on Wednesday as investors awaited congressional testimony from Federal Reserve Chairman Ben Bernanke for clues to the U.S. central bank's thinking on the economy.
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Democrats: Say Goodbye to Wall Street?

U.S. banks and investment firms transferred their political contributions to Republicans in 2009 as Democrats in Washington put the focus on big bonuses, huge profits and tight lending, The Washington Post reported on Wednesday.
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Google faces EU scrutiny after complaints

European Union antitrust regulators are looking into complaints filed by three online companies against Google that may lead to a formal investigation into the search-engine giant's business practices.
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Hyundai recalls new Sonata due to lock faults

Hyundai Motor will recall 47,000 of its new Sonata sedans to fix faulty door latches, seeking to avoid the damaging criticism Japanese rival Toyota Motor Corp faces for its handling of a series of safety problems.
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Asia shares fall on U.S. jitters, Bernanke eyed

Asia shares fell on Wednesday as surprise declines in U.S. consumer confidence and German business sentiment fueled fears about the strength of the global economic recovery and boosted the safe-haven yen.
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Toyota chief faces grilling by U.S. congress

Toyota Motor Corp's president braced for tough questions from a U.S. congressional panel on Wednesday after the Japanese automaker conceded it had let safety standards slip and could still not explain most incidents of unintended acceleration.
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Toyota chief faces congress spotlight

Toyota Motor Corp's president braced for tough questions from a congressional panel on Wednesday after the Japanese automaker conceded it had let safety standards slip and could still not explain most incidents of unintended acceleration.
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Hyundai halts U.S. sales of 2011 Sonata; shares drop

South Korea's Hyundai Motor has stopped U.S. sales of its 2011 Sonata sedan due to door lock issues, sending its shares down more than 4 percent on concerns it could become snared in a damaging recall crisis like Japanese rival Toyota Motor Corp.
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Cuomo, Oppenheimer settle over auction-rate debt

New York Attorney General Andrew Cuomo on Tuesday said Oppenheimer & Co will restore $31 million to the accounts of customers who were stuck owning auction-rate securities that became illiquid.
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Nearly 7000 authors opt out of Google's book plan

Over 6500 authors have asked to be excluded from the digital books agreement that Google reached with the publishing industry bestselling authors Jeffrey Archer and Louis de Bernières and critical favorites Thomas Pynchon, Zadie Smith.
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Toyota says growth trumped safety, vows changes

The head of Toyota Motor Corp blamed the company's drive for rapid growth for slipping safety standards and said he was deeply sorry for accidents caused by problems with Toyota vehicles.
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Hyundai Motor halts 2011 U.S. Sonata sales

South Korea's Hyundai Motor said on Wednesday it had suspended sales of its new Sonata models in the United States due to door lock problems, sending its shares more than 4 percent lower.

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