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Young investors wary of jumping into market lows

Young investors may accept the argument that those who begin investing when stocks are cheap end up with more retirement money, but after the turmoil of the past year, some find it hard to put their money in the market.

Small movie software firm gets Hollywood traction

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Media software company DivX Inc said on Tuesday it signed deals to digitally distribute films for Lions Gate Entertainment Corp and Paramount Pictures, bringing the total number of Hollywood studios to embrace its technology to four.
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Asian stocks flat as investors take a breather

Asian stocks steadied near 11-month highs on Wednesday, as investors paused for breath before more earnings reports, but rising dairy prices pushed the New Zealand dollar to a 10-month peak.
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Clinton success in Pyongyang has diplomatic risks

Former U.S. President Bill Clinton's successful mission to Pyongyang to win freedom for two jailed American journalists carries with it new risks to the Obama administration's efforts to rid North Korea of nuclear weapons.
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North Korea frees U.S. journalists; what next?

Former U.S. President Bill Clinton left North Korea on Wednesday with two American journalists whose release he secured in a meeting with the hermit state's leader, possibly opening the way to direct nuclear disarmament talks.
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Clinton, U.S. journalists leave North Korea

Former U.S. President Bill Clinton left North Korea on Wednesday with two American journalists whose release he secured in a meeting with the hermit state's leader, possibly opening the way to direct nuclear disarmament talks.
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UBS is in close talks to hire McCann: report

UBS AG is in talks to hire former Merrill Lynch executive Robert McCann to head its wealth management business in the Americas, the Financial Times said on Tuesday, citing people close to the negotiations.
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Sony plans $199 U.S. e-reader, takes on Amazon

Sony Corp will begin selling this month the cheapest digital book reader for the United States, taking rival Amazon.com Inc head-on in the small but fast-growing market for electronic readers.
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Board endorses direction of reorganized GM

The board of General Motors Co endorsed the automaker's direction and the focus of management after the first meeting of directors since GM emerged from a U.S. government-financed bankruptcy last month.
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Dish, Echostar happy on Tivo development

DISH Network Corp and EchoStar Corp said on Tuesday they were pleased the Patent and Trademark Office issued an initial office action rejecting TiVo Inc's software claims as invalid.
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Cash for Clunkers: a surprising success

The U.S. government's Cash for Clunkers program has boosted the U.S. auto sales to the highest level of 2009 in July, which is surprising success to both car dealers and the government.
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Greece: 10 things to Know Before You Go

There's something exhilarating, magical, and beguiling about going to Greece. It's like going to Disneyland for the first time. You build yourself up for something incredibly amazing
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White House still seeking cybersecurity czar

President Barack Obama is still searching for the right person to lead the fight against an epidemic of cybercrime, the White House said on Tuesday as it came under fire following the resignation of a top cybersecurity adviser.
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Senate will OK clunker extension this week: Reid

The U.S. Senate will approve a $2 billion extension of the cash for clunkers auto sales incentive by week's end, Majority Leader Harry Reid said on Tuesday, giving new life to a successful program that has boosted industry sales to a 2009 high.
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Global automakers beat forecasts, stay cautious

Leading global automakers reported forecast-beating quarterly results on Tuesday, but continued to give cautious outlooks for the industry, which remains hard hit by weak demand and a lack of consumer credit.
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CVS CFO silent on possible Aetna PBM deal

CVS Caremark Corp has the ability to make more acquisitions, but Chief Financial Officer Dave Rickard would not say whether his company wants to buy Aetna Inc's pharmacy benefit management business.

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