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Amazon's latest Kindle electronic reading device, with its 9.7-inch screen and increased data storage capacity, is poised to transform the college textbook market. The company, led by founder and CEO Jeff Bezos, has partnered with three major textbook publishers - Pearson PLC, Cengage Learning, and John Wiley
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As the digital landscape continues to evolve, companies around the world are emerging as leaders in innovation, transforming the way we live, work, and interact with each other. The listing provided by the source includes a vast array of companies from various sectors such as technology, media, publishing, and more.
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The preliminary results of the government-run stress tests have revealed that Citigroup Inc. and Bank of America Corp. will need to raise more capital based on the findings, unless they succeed in appealing the results. The stress tests, which were designed to simulate a worst-case economic scenario, found that the
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As the Federal Reserve prepares to release its methodology for the ongoing "stress tests" of the 19 largest U.S. banks, concerns are emerging that the tests may be tilted in favor of Wall Street banks over their regional counterparts. This is due to the methodology, which assumes
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Investors are on high alert as fears about the health of the banking system resurface, sparking a sharp decline in financial stocks. Bank of America Corp. set aside $13.4 billion to cover lending losses, and other big banks have increased their loss provisions in recent weeks. This development has
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The first quarter of 2009 may have been the best quarter for big banks like Citigroup, as they impressed investors with earnings reports that exceeded analyst expectations. Citigroup posted a first-quarter loss of $966 million, or 18 cents per share, which was narrower than the 34-cent forecast of analysts surveyed
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The acquisition by Express Scripts of the pharmacy benefits management businesses of health insurer WellPoint Inc. for $4.68 billion is expected to bring considerable negotiating clout to the company, potentially resulting in savings for its customers buying prescription drugs. As a result of the deal, Express Scripts, the third-largest
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A tense standoff ensued in the Gulf of Aden as Somali pirates hijacked the U.S.-flagged Maersk Alabama, but the American crew managed to retake control of the vessel despite the captain being held hostage. The incident highlights the increasing threat of piracy in the region, with six vessels
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A Montana Senate agriculture committee's decision to shelve a biotech bill has sparked controversy, following revelations that several committee members had attended a private dinner with Monsanto representatives at a Helena club. The bill aimed to establish sampling and testing standards for biotech companies to prevent patent infringement
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Protesters, predominantly from anti-capitalist and anarchist groups, converged on London's financial district, known as "The City," ahead of the G-20 summit. The demonstrations, branded "Financial Fool's Day," drew over 4,000 participants, who clashed with riot police in central London. The protests
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STATS, the world's leading sports technology, data, and editorial company, has made a significant move by appointing David Hill, the Chairman and CEO of FOX Sports, to its board of directors. The addition of Hill, a broadcast industry icon, brings a wealth of experience and expertise to the
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As he undergoes surgery to repair his broken collarbone, Lance Armstrong is working to stay on track with his plans to compete in the Giro d'Italia, which begins May 9. The seven-time Tour de France champion plans to ride in the Tour de France in July as well.
