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Wall Street plunged at the opening of trading Tuesday, propelling the Dow Jones industrials down about 400 points after an interest rate cut by the Federal Reserve failed to assuage investors fearing a recession in the United States.
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Global stock markets extended their shakeout into a second day Tuesday, plunging amid worries that a possible U.S. recession will cause a worldwide economic slowdown.
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Russia has sent two long-range bombers to the Bay of Biscay, off the French and Spanish Atlantic coasts, to test-fire missiles in what Moscow billed as its biggest naval exercise in the area since the Soviet era.
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Russia delivered a fifth consignment of fuel for Iran’s first nuclear power plant in the Gulf port of Bushehr on Tuesday, Iran’s official IRNA news agency reported.
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Michigan will no longer let illegal immigrants get driver’s licenses, a practice just seven other states continue to allow.
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… Sony and Apple at both of these events, I’ve been thinking more and more lately about the similarities and the differences between the two companies and our brands.

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Alcohol consumption figures based on a new calculation method have been released, suggesting men drink far more than women. Below the re-vamped unit guide - introduced to reflect larger measures and stronger alcoholic drinks - is explained.
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The world’s first commercial cargo ship partially powered by a giant kite is setting sail from Germany to Venezuela.
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Microsoft Corp. (MSFT) (MSFT) on Monday announced several moves it says will help its business customers take advantage of a technology called virtualization, and in the process help the software maker catch up with VMware …
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A suicide bomber blew himself up in front of a high school north of Baghdad on Tuesday, wounding 22 people including teachers and students arriving for the beginning of the school day.
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Dmitry Medvedev, Russia’s presumed next president, criticized Russia’s “legal nihilism” and called for stepping up the fight against corruption, opening his campaign Tuesday with a careful speech before a Kremlin-organized forum.
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As far as novelty news goes, Apple tea leaf reading and rumor speculation seems fairly fruitless (no pun intended).
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For us though the highlight of the show, was Steve talking about the environment in his keynote speech for the first time.
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Movie characters from the Terminator to the Bionic Woman use bionic eyes to zoom in on far-off scenes, have useful facts pop into their field of view, or create virtual crosshairs. Off the screen, virtual displays have been proposed for more practical …