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A Harvard University study has found that men taking medication for erectile dysfunction are almost three times more likely to contract sexually transmitted diseases (STDs) compared to those not taking the medications. The study, published in the Annals of Internal Medicine, analyzed health insurance claims of men aged 40 and
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Takanobu Ito, the CEO of Honda Motor Co., is prioritizing fuel efficiency as Ford Motor Co. and Hyundai Motor Co. challenge its leading position in North America. Ito has put on hold the launch of a revamped Civic compact until it meets his expectations for size and fuel economy. Honda&
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Google Inc. plans to expand its Android mobile software presence in India and China, aiming to challenge Apple Inc. and Nokia Oyj. Android vice-president Andy Rubin said the company may offer tools to help developers earn more from applications, such as in-app purchases and subscriptions. Google is also exploring ways
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Facebook is rapidly progressing towards developing a location-based service, its CEO Mark Zuckerberg announced at an advertising conference in Cannes, France. The social network aims to provide users with personalized experiences based on their location, allowing for offerings to be delivered to users when they are in a specific area.
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Nokia Oyj, the world's biggest maker of mobile phones, faces a potential credit rating cut by Standard & Poor's as its handset margins deteriorate amid intense competition from Apple Inc.'s iPhone. The company has struggled to deliver a touchscreen device that meets user expectations,
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Citigroup, which received a $45 billion bailout from taxpayers, has announced a three-month suspension of foreclosures in coastal areas impacted by the BP oil spill in the Gulf of Mexico. The move comes as the company aims to alleviate the burden on residents of the affected states. The suspension will
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Warren Buffett, the billionaire investor, has once again organized his annual charity lunch auction, with this year's event reaching a record $2.63 million. The auction, which was run on eBay, saw fierce bidding throughout the week-long event, with 77 offers being made in the final frenzy on
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Major mining companies, including BHP Billiton, Xstrata, and Rio Tinto, are warning that Australia's planned mining tax could lead to a significant decline in investments in the country. The tax, which is set to be implemented from July 2012, aims to raise $11 billion in its first two
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Societe Generale's Co-Chief European Economist James Nixon believes that the European debt crisis will take at least three years to resolve, citing the need for fiscal reforms and debt reduction in southern European countries. While Ireland has been commended for its efforts to tackle public sector debt, Nixon
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Sprint Nextel Corp. has launched the first phone in the U.S. based on next-generation wireless technology, marking a significant advancement in mobile communications. The Evo phone from HTC Corp. runs on Google Inc.'s Android operating system and utilizes the so-called fourth-generation wireless network co-owned by Sprint and
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Nielsen Holdings, a leading provider of television-audience ratings, has filed for an initial public offering (IPO) to raise as much as $1.75 billion. The company, owned by buyout firms KKR & Co., Thomas H. Lee Partners LP, Blackstone Group LP, and Carlyle Group, plans to use the proceeds to
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The Chicago Blackhawks have transformed themselves from an underdog team with dwindling fan base to the NHL's biggest draw, thanks in part to a innovative social media strategy. Four years ago, the team was struggling to hold onto fans who were being lured away by the Chicago Wolves,
