IBT Staff Reporter

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Portland Bookstore Swaps Kindles For Paperbacks

Microcosm Publishing, a not-for-profit book publisher and distributor, started a campaign earlier this month with an unusual premise: Swapping unwanted Amazon Kindle's for offerings from its inventory.

U.S. pilots new airport scans after privacy concerns

U.S. aviation security authorities on Tuesday unveiled a new pilot program aimed at quelling an uproar about full-body scanners used to screen air travelers -- the new software will no longer produce an image of the actual person.

Outcry mounts over Canadian Internet billing ruling

Backed by a public outcry, Canadian opposition parties lined up on Tuesday to voice concerns about a regulatory decision that chokes off the ability of small independent Internet providers to offer unlimited downloading to their customers.

More manufacturers warn of rising input costs

The threat that rising input prices pose to corporate profit margins was highlighted again as a number of U.S. manufacturers, including Emerson Electric Co and Paccar Inc, reported quarterly earnings.

Mubarak to step down in months, protesters defiant

Egyptian President Hosni Mubarak vowed to step down at the next election, would stay on to enact reforms in the next few months, and said authorities would pursue those responsible for destructive acts and looting and violence during the protests.

Sanofi puts Genzyme at low $70s plus payout: source

France's Sanofi-Aventis has agreed to raise its bid for Genzyme Corp to the low $70s-per-share range, plus a milestone payment based on the performance of an experimental drug, a source familiar with the situation said.

Dow and S&P end at highest since June 2008

The Dow and S&P 500 closed at their highest levels since June 2008 on Tuesday and looked poised for more gains after strong earnings and signs of a surge in U.S. manufacturing.

Dow hits 12,000 as stocks rally

The Dow and S&P 500 closed at their highest levels since June 2008 on Tuesday and looked poised for more gains after strong earnings and signs of a surge in U.S. manufacturing.

GM, Chrysler lead as U.S. auto sales rise

U.S. auto sales jumped by about 18 percent in January, led by gains for General Motors Co and Chrysler as the two Detroit automakers restructured by the U.S. government took share from rivals.

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