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Deal reached in UBS tax case

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The United States and UBS AG have reached an agreement in principle to settle their dispute over U.S. demands for the names of thousands of wealthy Americans suspected of using the Swiss bank to evade taxes, a U.S. Justice Department attorney said on Friday.
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U.S. clinches deal in UBS tax case

U.S. Secretary of State Hillary Clinton said on Friday there had been an agreement in principle with Switzerland over a tax case involving Swiss bank UBS .
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Welcome to Florida Keys

Welcome to the Florida Keys, a string of islands, which when connected by route US 1, provide passage to the southernmost point in the United States.
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U.S. government says no deal yet in UBS tax case

The United States said on Wednesday no deal had been reached so far in talks to settle a tax evasion dispute with UBS AG and it expected a trial against the Swiss bank to go ahead as scheduled on Monday.
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U.S. housing turning corner but consumer mood darkens

U.S. home prices rose in May for the first time in three years, the latest sign suggesting the battered housing market is stabilizing, but a weakening job market hit consumer confidence in July and could prevent near-term economic recovery.
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Office Depot loss widens; shares drop

Office Depot Inc reported a bigger-than-expected quarterly loss on Tuesday as the recession weighed on sales at the No. 2 U.S. office supplies retailer, and its shares fell 13 percent.
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Flight grounded by coffee maker aroma

The electrical smell that caused a Southwest Airlines flight to make an unexpected landing Sunday was caused by a coffee maker in the back of the aircraft, a company spokesman said on Monday.
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Investors dump brokers to go it alone online

The collapse of Lehman Brothers last September marked the start of a downward spiral for big investment banks. For a smaller fraternity of Internet brokerages, it has set off a dramatic spurt of growth.
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World's Top 10 weird attractions

Travelers seeking a bit of novelty on their journeys can study toilets from 2,500 BC or join a red-carpet duck parade, according to a list of top 10 weird attractions by travel review website IgoUgo.com.
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Apollo astronauts bemoan state of U.S. space program

The U.S. investment in the Apollo space program, which landed men on the moon, paid off handsomely, unlike the $100 billion plowed into the International Space Station, Apollo's pioneering astronauts said on Monday.
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Court nominee Sotomayor wins over 3 Republicans

Three Republican senators said Friday they will back President Barack Obama's choice of Sonia Sotomayor to serve on the U.S. Supreme Court, setting the stage for a likely easy confirmation.
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Bank of America credit losses soar, profit falls

Bank of America Corp, the largest U.S. bank, posted a quarterly profit that topped Wall Street forecasts but warned of a fresh surge in soured loans to credit card, mortgage and business customers.
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Lawmakers slam Paulson on BofA-Merrill deal

U.S. lawmakers on Thursday ripped into former Treasury Secretary Henry Paulson over the government's role in Bank of America's merger with Merrill Lynch and other actions to cope with the deep financial crisis that gripped the country last year.
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Space shuttle 'Endeavour' successfully launch

After six attempts, Space shuttle 'Endeavour' has finally blasts off safely for space station mission. The space shuttle Endeavour was successfully lifted up this evening at 6:03 P.M. EST on a mission to the International Space Station (ISS) from the Kennedy Space Center at Cape Canaveral in Florida.
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Ex-Goldman analyst, others accused of inside trades

U.S. regulators on Wednesday filed civil charges for insider trading against 11 people, including a 26-year-old former Goldman Sachs Group Inc investment banking analyst accused of leaking confidential merger information to his brother.
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Credit card defaults up less than expected

Two of the biggest U.S. credit card companies, Capital One Financial Corp and Discover Financial Services , reported lower-than-expected defaults and delinquencies in June, sending their shares sharply higher.

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