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Chevron Expulsion From Brazil 'Unlikely,' Says Petrobras

Chevron's Oil Sheen
Brazilian oil company Petrobras, which helps U.S.-based Chevron develop offshore oil fields in Brazil, said regulators there are not likely to shut down Chevron's operations in the Frade oil field in the wake of oil spills.
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Merkel Open To Measures To Revive Greece

German Chancellor Angela Merkel appeared to soften her stand on Greece Wednesday night, saying she was ready to discuss stimulus programs to get the Greek economy growing again and that she was committed to keeping Greece in the euro zone.
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J.C. Penney Stock Suffers Worst Drop Ever, 20%

J.C. Penney Co Inc shares plunged nearly 20 percent on Wednesday, their worst decline ever, wiping away $1.43 billion in market value a day after the retailer shocked Wall Street with a much worse-than-expected drop in sales and by scrapping its dividend.
JPMorgan

JPMorgan's 'London Whale' To Be Gone By Year-End: Report

Bruno Iksil, the trader behind the $2-billion-and-counting loss at New York-based banking giant JPMorgan Chase and Co. (NYSE: JPM) that has been the talk of New York and Washington for the past few days, will be leaving the bank within the year, the New York Times' Dealbook blog reported Wednesday.
NY Giants Tom Brady Sucks

New York Giants Super Bowl Ring Revealed [PHOTOS]

The New York Giants unveiled their Super Bowl ring on Wednesday, finally getting the bling to match the Lombardi Trophy they earned after winning Super Bowl XLVI. The franchise is also giving fans a chance to try out the ring themselves with a new smartphone app.
It’s Facebook’s Turn to Take Legal Actions against Yahoo

Facebook IPO: Why Did Underwriters Boost Its Value?

A day before Facebook (Nasdaq: FB), the No. 1 social network holds its initial public offering, its 33 underwriters boosted the number of shares for sale by 25 percent, potentially valuing the deal as high as $19 billion.
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Britney Spears Criticized For Chewing Gum, Bloodied Nails On ?X Factor? Red Carpet

Britney Spears cannot seem to catch a break, even after signing a $15 million X Factor deal. The pop starlet attended a press conference to announce her upcoming role as judge on Simon Cowell's X Factor on Monday and photographers immediately zoomed in on her red carpet appearance - chewing gum and flaunting bloodied fingernails.
Euro

Forex: What Happens If Greece Leaves The Euro?

The growing possibilities of an imminent Greek exit from the single currency bloc could drive up the value of safe-haven currencies such as the U.S. dollar and the British pound, while hurting a number of emerging Asian currencies that are sensitive to investors' risk appetite.

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