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AmEx to buy Revolution Money payments company

American Express Co will acquire AOL co-founder Steve Case's Revolution Money Internet-based payment platform for $300 million, the credit card company and network said on Wednesday.
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Stocks hurt by home construction data, techs

U.S. stocks fell on Wednesday on worrying outlooks from major software makers and as a surprise drop in new home construction last month prompted concern about the strength of an economic recovery.
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Call of Duty game sells $550 million in five days

Activision Blizzard Inc said its video game Call of Duty: Modern Warfare 2 scored record sales of $550 million in its first five days, but the company is still concerned about weak consumer spending.
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Obama, Holder defend plan to try 9/11 defendants

The Obama administration on Wednesday defended plans to try the self-professed mastermind of the September 11, 2001 attacks in criminal courts despite harsh criticism from Republicans who say the trials are too risky.
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Norway electric carmaker to build in Indiana

Norwegian electric car maker Think Global is gearing up to launch its vehicles in the United States and has picked a site in Indiana for its U.S. manufacturing facility, a major investor in the company said on Tuesday.
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MUFG results upbeat, scales back Morgan plan

Mitsubishi UFJ Financial Group became the third major Japanese bank to post upbeat results, underscoring the improving outlook for the sector, and said it would raise $11 billion to meet stricter capital rules.
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Stocks drop after home construction data

U.S. stocks fell on Wednesday as an unexpected drop in new home construction in October sparked caution about the strength of an economic recovery, offsetting strength in the natural resources sector amid U.S. dollar weakness.
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Call of Duty game sells $550 million in 5 days

Activision Blizzard Inc said its video game Call of Duty: Modern Warfare 2 scored record sales of $550 million in its first five days, but the company is still concerned about weak consumer spending.
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PHOTOS Johnny Depp sexiest man alive

U.S. actor Johnny Depp is 2009's Sexiest Man Alive, according to People Magazine. This is not the first time that Depp, 46, is given the title; he also won it in 2003. Only actors Brad Pitt and George Clooney have been named Sexiest Man Alive twice.
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American Express buys payments company

American Express Co agreed to acquire Internet-based payment platform Revolution Money for $300 million, the credit card company and network said on Wednesday.
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Stocks set to slip at open on housing data

U.S. stocks were set to open lower on Wednesday after data showed U.S. housing starts fell unexpectedly in October, offsetting strength in the natural resources sectors amid U.S. dollar weakness.
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India Suzlon unit wins U.S. wind turbine order

India's Suzlon Energy said on Wednesday its German unit REpower Systems has signed a contract to supply wind turbines with a total capacity of 18.45 megawatts to U.S. firm Heritage Sustainable Energy LLC.

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