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Triaminic and Theraflu bottles recalled
Triaminic and Theraflu bottles recalled
Some bottles of Triaminic and Theraflu cold and allergy syrups are being recalled because the child-resistant bottle caps may be defective. The recall covers 142 production lots of Triaminic syrups and 41 lots of Theraflu syrups. Novartis, which produces the medicines, says the defect could allow f

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Chile's president unpopular despite great economy
Chile's president unpopular despite great economy
Chile announced another drop in unemployment on Thursday, along with low inflation and fast growth, numbers most leaders can only dream after a global economic crisis. But President Sebastian Pinera's popularity remains in the dumps. The Andean country's jobless rate fell to 6.1 percent in the last

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News Summary: Nintendo rules out Wii U price cuts
News Summary: Nintendo rules out Wii U price cuts
$300 AND RUN: Nintendo's president ruled out price cuts for its new Wii U as a way to boost sales, even after a subpar performance during the holiday shopping season. The Wii U sells for about $300 in the U.S. RISE OF THE PHONE: Game machine sales have suffered as consumers play more games on smartp

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Traveler tips: How to avoid being hacked overseas
Traveler tips: How to avoid being hacked overseas
Some tips to help business travelers protect their laptops and mobile devices from spying — or at least limit the damage of hacking — while in China or other nations that may want to steal company information: —Don't take your work or personal laptop. That's the best advice and a precaution u

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News Summary: NYT says China hacked its computers
News Summary: NYT says China hacked its computers
THE GREAT BREACH: Chinese hackers repeatedly penetrated The New York Times' computer systems over the past four months, stealing reporters' passwords and hunting for files on an investigation into the wealth amassed by the family of a top Chinese leader, the newspaper reported Thursday. THE CHINA LI

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Halozyme falls after analyst downgrade
Halozyme falls after analyst downgrade
Shares of Halozyme Therapeutics tumbled 8 percent Thursday after a Wall Street analyst downgraded the specialty drugmaker, saying that European regulators may not approve a key cancer drug this year. THE SPARK: Wedbush analyst Gregory Wade downgraded the stock to "neutral" from "outperform," based

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Facebook unwraps new gift cards to Target, others
Facebook unwraps new gift cards to Target, others
Facebook's newest e-commerce idea: A gift card users can buy for each other that can be spent at retailers and restaurants including Target, Jamba Juice and Olive Garden. The company is building on the gifts service it introduced last fall. That lets people send chocolate, flowers and other real-li

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Menendez: reimbursed donor $58.5K for 2 trips
Menendez: reimbursed donor $58.5K for 2 trips
Sen. Robert Menendez's office said Wednesday night that he reimbursed a prominent Florida political donor $58,500 for the full cost of two of three trips Menendez took on the donor's plane to the Dominican Republic in 2010. There was no public disclosure. "The senator paid for the two trips out of

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Ten years since loss of space shuttle Columbia
Ten years since loss of space shuttle Columbia
He was just 8 when NASA lost the space shuttle Columbia and he lost his astronaut mom. Now, 10 years later, Iain Clark is a young man on the cusp of college with a master's rating in scuba diving and three parachute jumps in his new log book. His mother, Dr. Laurel Clark, loved scuba and skydiving.

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LDK Solar shares rise on financing
LDK Solar shares rise on financing
Shares of LDK Solar Co. rose Thursday on news that China Development Bank Corp. agreed to loan it nearly $70 million. THE SPARK: The struggling Chinese solar company said it will use the money to upgrade the technology at its Mahong polysilicon plant. THE BIG PICTURE: LDK, like other solar companie

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Planned arts center at World Trade site gets boost
Planned arts center at World Trade site gets boost
A performing arts center planned for the World Trade Center site got a financial boost Thursday that improves the chances of the languishing project to begin construction in four years. The Lower Manhattan Development Corp. approved $1 million to hire staff or consultants research that will determi

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Minn. gov plans trade mission to Scandinavia
Minn. gov plans trade mission to Scandinavia
Minnesota Gov. Mark Dayton is planning a trade mission to Germany, Sweden and Norway in June. Dayton's office announced the trip Thursday. The Democratic governor along with Minnesota business and trade organization leaders will meet with a range of government and business interests in countries th

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News Summary: Cyprus jobless turn to bird trapping
News Summary: Cyprus jobless turn to bird trapping
DESPERATE TRAPPERS: The economic crisis is luring many out-of-work Cypriots back into the centuries-old trade of songbird trapping. PRIZED DELICACY: For centuries, the migratory songbirds have been a prized delicacy among Cypriots. They are also an illegal one, as entry into the European Union force

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Lender Processing paying $121M to resolve claims
Lender Processing paying $121M to resolve claims
One of the biggest U.S. mortgage processing companies has agreed to pay $121 million to resolve states' claims that it wrongfully foreclosed on homeowners who should have been allowed to stay in their homes. The settlement agreements between Lender Processing Services Inc., based in Jacksonville, Fl

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Citrix shares rise as 4Q results signal growth
Citrix shares rise as 4Q results signal growth
Shares in cloud-computing company Citrix Systems Inc. rose 10 percent Thursday after better-than- expected fourth-quarter results and a bright outlook suggested that the company is broadening its business and still has strong growth potential. THE SPARK: The Santa Clara, Calif.-based company said W

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Rite Aid revenue metric inches up in January
Rite Aid revenue metric inches up in January
The flu helped Rite Aid Corp. sales in established stores rise slightly in January, although generic drugs continued to hurt the drugstore chain's pharmacy sales. The Camp Hill, Pa., company said Thursday that revenue from stores open at least a year grew 0.3 percent in the four-week period that en

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News Summary: US consumer spending up 0.2 percent
News Summary: US consumer spending up 0.2 percent
SPENDING GROWTH SLOWS: U.S. consumers increased their spending 0.2 percent in December, slightly slower than November's 0.4 percent gain. INCOME SURGE: Income rose 2.6 percent in December from November, the biggest gain since 2004. Companies accelerated dividend payments ahead of tax increases for h

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US activist released from Vietnam after 9 months
US activist released from Vietnam after 9 months
A Vietnamese-American pro-democracy activist returned to the United States on Wednesday night after a 9-month detention on accusations of conspiring to overthrow the communist government of Vietnam. Nguyen Quoc Quan smiled broadly as he was greeted by his wife, children and other family members, wh

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Shares of Las Vegas Sands up on strength in China
Shares of Las Vegas Sands up on strength in China
Shares of Las Vegas Sands Corp. soared Thursday after the casino operator reported impressive fourth-quarter gains because of its growth in China. THE SPARK: The company reported after the market closed Wednesday that it fiscal fourth-quarter profit jumped 35 percent, based largely on its expanding

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News Summary: Obama jobs council shuts down
News Summary: Obama jobs council shuts down
EXPIRATION: President Barack Obama will not renew his Council on Jobs and Competitiveness, winding down one source of input from the business community even as unemployment remains stubbornly high. MAJOR REPORT: Its main work was a report released in January 2012. It also organized meetings that Oba

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