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Archive for February 19th, 2010

Shuttle crew to return to Earth

Space shuttle astronauts have left the International Space Station and will undock early on Saturday to return to Earth.

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Greek PM rules out bailout but urges EU solidarity (AP)

Greece's Prime Minister George Papandreou delivers a speech at the Progressive Governance Conference in London, Friday, Feb. 19, 2010. The conference covers jobs, industry and opportunity. (AP Photo/Kirsty Wigglesworth)AP - Greek Prime Minister George Papandreou told other European leaders Friday that Greece intended to solve its debt crisis on its own, as the government replaced the head of its debt management agency ahead of key moves to refinance its massive deficit.

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Report: Fewer people falling behind on home loans (AP)

FILE - In this  March 24, 2009 file photo, a sign lies on the ground in front of a foreclosed home in Homestead, Fla. The number of borrowers falling behind on their mortgage payments dropped sharply at the end of 2009, a sign the foreclosure crisis is beginning to ebb.(AP Photo/J Pat Carter, File)AP - The number of borrowers falling behind on their mortgage payments dropped sharply at the end of last year, a sign the foreclosure crisis is beginning to ebb.

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Low inflation gives Fed room to keep rates down (AP)

In this photo made Feb. 18, 2010, shoppers head into and out of Wal-Mart in Brunswick, Maine. Consumer prices rose less than expected in January while prices excluding food and energy actually fell, something that hasn't happened in more than a quarter-century.(AP Photo/Pat Wellenbach)AP - The Federal Reserve seems likely to keep interest rates at record lows for several more months after news Friday that consumer prices excluding food and energy fell in January.

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Stocks are mixed after Fed eases bank supports (AP)

FILE - In this Feb. 9, 2010 file photo, Steven Kaplan, right, works on the floor of the New York Stock Exchange. Stocks turned higher Friday, Feb. 19, 2010, after investors found good news in the Federal Reserve's decision to begin dismantling emergency lending measures for banks. (AP Photo/Richard Drew, file)AP - Stocks were narrowly mixed Friday after investors found good news in the Federal Reserve’s decision to begin dismantling emergency lending measures for banks.

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Austin Pilot’s Dispute With IRS Began in Early 1980s (Bloomberg)

Bloomberg - Feb. 19 (Bloomberg) — Joseph Stack, the software
engineer police say flew a small plane into an Austin, Texas,
building housing offices of the Internal Revenue Service, may
have been feuding with the U.S. agency for almost 30 years.

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Toyota president battles crisis in family company (AP)

File - In this Jan. 20, 2009 file photo, Toyota Motor Corp. Executive Vice President Akio Toyoda, center, joins hands with President Katsuaki Watanabe, left, and Chairman Fujio Cho after a press conference in Tokyo, Japan, when they announced Toyoda, the grandson of Toyota's founder, was named president of the Japanese automaker. Toyoda, known as 'the prince' in Japan, was groomed for years to head the automaker his grandfather founded. His appointment in 2009 was full of promise — a morale booster for the rank and file who expected that a youthful Toyoda in the hot seat would help steer the carmaker through a brutal slump in the global auto market. (AP Photo/Shizuo Kambayashi, File)AP - Akio Toyoda’s appointment as the president of Toyota last June was full of promise. The grandson of the automaker’s founder, he was expected to boost morale for the rank and file and help steer the company through a brutal slump in the auto market.

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Summary Box: Stocks gain again on manufacturing (AP)

AP - WHAT DID THE MARKET LIKE: The Philadelphia Federal Reserve said its index of regional manufacturing rose more than analysts had expected in January.

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Repentant Woods sorry for affairs

Tiger Woods apologises for extra-marital affairs and says he doesn’t know when he will return to competitive golf.

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Russia policeman guilty of murder

A Russian ex-police officer who shot dead two people at random in a supermarket gets life in jail for murder.

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