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U.S. copper futures sink early with other metals

U.S. copper futures lost more than 3 percent of their value Thursday morning as prices continued to correct further away from the psychological $3.00 a lb level amid a broader sell-off in the industrial metals complex.
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Legal settlement clears way for Hobbit movie

The Hollywood studio behind a film based on The Hobbit and trustees for author J.R.R. Tolkien's estate said on Tuesday they had settled a lawsuit that clears the way for what is expected to be a blockbuster movie based on the book.
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Disney burnishes brands at D23 fan show

Die-hard fans of Walt Disney Co gather this week in California for the company's first-ever fan exposition and what Disney hopes will be a show of the durability of its brands in a tough time.
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Facet rejects bid by Biogen as inadequate

Facet Biotech Corp said on Tuesday it has rejected an unsolicited bid by Biogen Idec Inc to acquire Facet for $14.50 a share, saying the offer is inadequate and not in the best interests of shareholders.
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Solyndra starts 2nd solar panel plant construction

California solar company Solyndra Inc said on Friday that it started construction on its second solar panel manufacturing plant, putting into action the first loan guarantee awarded under a long-delayed U.S. program for advanced clean energy.
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Stars, family honor Michael Jackson at funeral

Michael Jackson was buried on Thursday, more than two months after he died of a drug overdose, marking the last stop for a superstar who spent most of his 50 years in the public gaze
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Fed's Fisher sees near-term strength for economy

Dallas Federal Reserve Bank President Richard Fisher on Thursday said the United States should have a good snap-back from recession in the final months of 2009, but that future growth could be a slow crawl.
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Google appoints China sales head to replace Lee

Google, fighting to gain ground on China's Baidu's dominant search lead in the country, confirmed the departure of its China president on Friday and said its regional sales head would take over Lee Kai-Fu's business and operational responsibilities.
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Fed's Fisher sees muted U.S. economic recovery

Dallas Federal Reserve Bank President Richard Fisher on Thursday gave a muted outlook for the U.S. economy, saying a long period of slow growth lies ahead even when the recession ends.
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California says it has issued last of its IOUs

California Controller John Chiang's office said on Thursday it had issued the last of its IOUs, which were intended to allow the state government to preserve its dwindling cash during its recent budget crisis.
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Internet turns 40 today... or does it?

When is the internet's birthday? There are a series of possible answers as key events happened on different days, with September 2 being considered as one of them.
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This week in Petroleum - Released on September 2, 2009

For over a decade, the Energy Information Administration (EIA) has published annual data on greenhouse gas emissions. EIA typically publishes its inventory report, Emissions of Greenhouse Gases in the United States (EGGUS) 11 months after the end of the year for which data is reported. A flash (preliminary) estimate of energy-related carbon dioxide (CO2) emissions --which account for over 80 percent of total U.S. greenhouse gas emissions--is available about 6 months earlier.

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