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Hackers apparently hit Swedish government site

Feb 4, 2012

STOCKHOLM (AP) — A group linked to the hacker network Anonymous says it has attacked the Swedish government's website and shut it down by overloading it.

CyberForce used Twitter to claim responsibility for Saturday's attack on the website, which all departments of Sweden's government use.

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Palestinians call for PM's fall over taxes

Feb 4, 2012

HEBRON, West Bank (AP) — Hundreds of Palestinian protesters have called for their prime minister's resignation over recent tax and price increases.

Saturday's protest marked the first time a sizable crowd demanded that Salam Fayyad step down, although several smaller protests have been staged in ...

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Russia admits brief cut of gas supplies to Europe

Feb 4, 2012

By VLADIMIR ISACHENKOV, Associated Press

MOSCOW (AP) — Russia's state-controlled Gazprom natural gas giant acknowledged for the first time Saturday that it had briefly reduced gas supplies to Europe amid a spell of extreme cold.

Gazprom deputy chief Andrey Kruglov reported to Prime Minister ...

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CEO of chip maker Micron dies in plane crash

Feb 4, 2012

By REBECCA BOONE, Associated Press

BOISE, Idaho (AP) — The image Steve Appleton cultivated as a stunt pilot and off-road rally driver became the perfect metaphor for his wild, 18-year ride as the leader of Micron Technology Inc., where stomach-churning swings from billion-dollar profit to ...

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Report: Monti says Italy a 'safe place'

Feb 4, 2012

BERLIN (AP) — Premier Mario Monti says he considers Italy a "safe place" amid market turbulence after his government embarked on a reform drive.

Monti was quoted in an interview Saturday with German daily Sueddeutsche Zeitung as pressing for Europe to channel its energy into generating growth ...

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Why small companies' stocks deserve a closer look

Feb 3, 2012

By DANIEL WAGNER, Associated Press

WASHINGTON (AP) — Underperforming money managers are losing their most reliable scapegoat.

Since the 2008 financial crisis, the nation's professional stock-pickers — who manage billions for pension funds, endowments and wealthy families — have said stocks were ...

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HP awards new CEO Whitman with $16.5M pay package

Feb 3, 2012

By MICHAEL LIEDTKE, Associated Press

SAN FRANCISCO (AP) — Hewlett-Packard Co. ushered in Meg Whitman as its CEO with a $16.5 million compensation package that hinges on the one-time politician's ability to lift the stumbling technology company's stock price during the next two years.

Last year's ...

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Canadian PM to visit China next week

Feb 3, 2012

By ROB GILLIES, Associated Press

TORONTO (AP) — Canada's prime minister heads to China next week where he'll discuss Canada's vast oil reserves in a visit that's being viewed as an "open warning" to the United States, which rejected a pipeline from Canada to Texas.

Prime Minister Stephen Harper ...

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Titans clash in Mexico's fight over monopolies

Feb 3, 2012

By MARK STEVENSON, Associated Press

MEXICO CITY (AP) — A technological revolution is pushing Carlos Slim, the world's richest man, into a battle with other powerful interests in Mexico, creating a billionaires' version of a schoolyard spat: name-calling, attack ads, canceled contracts and even a ...

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Micron CEO dies in plane crash

Feb 3, 2012

BOISE, Idaho (AP) — Steve Appleton, the chief operating officer and chairman of Micron, died Friday morning in a small plane crash in Boise, the company said. He was 51.

Micron spokesman Dan Francisco confirmed Appleton's death in a release, and trading in Micron stocks has been halted.

Appleton,

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Shareholders sue Hecla Mining Co. after deaths

Feb 3, 2012

COEUR D'ALENE, Idaho (AP) — Some shareholders have sued Hecla Mining Co. for stock losses they endured after the federal government shut down the Lucky Friday Mine for safety violations.

The Bricklayers of Western Pennsylvania Pension Plan this week filed the lawsuit in federal court in Idaho ...

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US service industry growth surges in January

Feb 3, 2012

By DANIEL WAGNER, Associated Press

WASHINGTON (AP) — U.S. service companies grew at the fastest pace in 11 months in January as companies started hiring to keep up with rising demand.

The Institute for Supply Management said Friday that its index of non-manufacturing activity jumped to 56.8 ...

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Factory orders up 1.1 percent in December

Feb 3, 2012

By MARTIN CRUTSINGER, Associated Press

WASHINGTON (AP) — Orders to U.S. factories rose in December, supported by a rebound in business investment in capital goods such as heavy machinery.

The results cap off another strong year for U.S. manufacturing. Combined with strong figures released ...

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Oil prices rise after drop in US hiring expands

Feb 3, 2012

By CHRIS KAHN, Associated Press

NEW YORK (AP) — A surge in U.S. hiring lifted oil prices for the first time in a week. As more Americans commute to work and the economy picks up, demand for energy is expected to rise.

U.S. benchmark crude increased by $1.48 on Friday to end the week at $97.84 per ...

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BBC accuses Iran of intimidating its staff

Feb 3, 2012

By JILL LAWLESS, Associated Press

LONDON (AP) — The head of the BBC on Friday accused Iran of intimidating staff members of its Persian service through slander, snooping and the arrest of their relatives.

BBC director-general Mark Thompson said "a campaign of bullying and harassment" against the ...

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EU prepares for potential gas crisis

Feb 3, 2012

By RAF CASERT, Associated Press

BRUSSELS (AP) — The European Union is bracing for another potential energy crisis in the dead of winter as Russian gas supplies to some member states have suddenly dwindled by up to 30 percent.

The European Commission put its gas coordination committee on alert ...

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Hackers intercept FBI, Scotland Yard call

Feb 3, 2012

By RAPHAEL SATTER, Associated Press

LONDON (AP) — Trading jokes and swapping leads, investigators from the FBI and Scotland Yard spent the conference call strategizing about how to bring down the hacking collective known as Anonymous, responsible for a string of embarrassing attacks across the ...

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Jobs report lifts Dow to highest mark since '08

Feb 3, 2012

By MATTHEW CRAFT, Associated Press

NEW YORK (AP) — A drop in the unemployment rate to its lowest level in three years propelled the Dow Jones industrial average Friday to its highest close since May 2008, before the financial meltdown later that year. The Nasdaq composite index hit an 11-year ...

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Hiring surges in January; jobless rate at 8.3 pct.

Feb 3, 2012

By CHRISTOPHER S. RUGABER, Associated Press

WASHINGTON (AP) — In a long-awaited surge of hiring, companies added 243,000 jobs in January — across the economy, up and down the pay scale and far more than just about anyone expected. Unemployment fell to 8.3 percent, the lowest in three years.

The ...

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Report: Monti says Italy a "safe place"

Feb 3, 2012

By GEIR MOULSON, Associated Press

MUNICH (AP) — Italy is now a "safe place" amid market turbulence, Premier Mario Monti said in an interview published Saturday, pressing for Europe to turn its political energy to generating growth rather than further plans to strengthen budget discipline.

Monti's ...

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