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Ontario says economy rebounded in third quarter

Ontario's economy expanded 0.7 percent in the third quarter, reversing a 0.2 percent decline in the second quarter and steering Canada's manufacturing heartland away from another recession.

Withdrawal Symptoms: What Happens When Baby Boomers Retire?

Seniors
A whopping 44 percent of all mutual-fund shareholders are baby boomers, according to an Investment Company Institute report. As they take withdrawals from their retirement kitties over the next couple of decades, you're looking at a major, potentially market-altering event.
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BMW

BMW tops Mercedes for US luxury car sales crown

BMW grabbed the top spot in the U.S. luxury auto market in 2011, edging out Daimler AG's Mercedes-Benz brand, as both German automakers took advantage of inventory problems for Toyota Motor Corp's Lexus lineup.

Japan Earthquake 2012: Strong Quake Shakes New Year's Day

A strong earthquake with a magnitude of 6.8 shook Japan off the country's coast on Sunday, the first day of the new year, according to the U.S. Geological Survey. The USGS said the earthquake struck 495 kilometers (307 miles) south-southwest of Tokyo.
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Paul Smith Profit up by 31 Percent Despite Economic Turmoil

Couture designer Paul Smith has reported an increase in pre-tax profits of 31 percent despite the economic downturn. As per the accounts filed in the Company House, the pre-tax profits rose from £20.9 million a year previously to a current £27.4 million.
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New Earthquakes Shake Christchurch, N.Z.; Few Injuries

A series of strong earthquakes hit the New Zealand city of Christchurch Friday, sending goods toppling from shelves, causing rockfalls and driving terrified residents from buildings 10 months after a quake killed almost 200 people in the city.

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