Archive for February 20th, 2014

Small Iowa city evacuated due to chemical fire

February 20, 2014
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NORTHWOOD, Iowa (AP) — Authorities are evacuating residents of a small northern Iowa city where firefighters are battling a chemical fire.
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EU imposes sanctions against Ukrainian leaders

February 20, 2014
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BRUSSELS (AP) — A diplomat says the EU’s foreign ministers have decided to impose sanctions against officials in Ukraine who are held responsible for the violence there.
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FTSE pinned back by weakness in miners as BAE tanks

February 20, 2014
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By Alistair Smout LONDON (Reuters) – The top shares edged higher on Thursday, tracking gains in U.S. stocks but pinned back by miners after China’s factory activity dropped, while BAE Systems slid after forecasting a decline in earnings this year.
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Wall Street sees sense in Facebook’s $19 billion WhatsApp purchase

February 20, 2014
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By Soham Chatterjee and Saqib Iqbal Ahmed
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Obama: Ukraine, Syria not pieces on ‘Cold-War chessboard’

February 20, 2014
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President Barack Obama denied late Wednesday that Russian-US tensions over Syria and Ukraine were playing out on “some Cold-War chessboard” even as he acknowledged deep divisions between Moscow and Washington.
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New highly radioactive leak at Japan’s Fukushima plant

February 20, 2014
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By Mari Saito TOKYO (Reuters) – The operator of Japan’s Fukushima nuclear plant said on Thursday that 100 metric tons of highly contaminated water had leaked out of a tank, the worst incident since last August, when a series of radioactive water leaks sparked international alarm.
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Nokia mulls buying Juniper, merging it with NSN – report

February 20, 2014
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FRANKFURT (Reuters) – Finland’s Nokia is considering buying U.S.-based network gear maker Juniper Networks to merge it with its unit Nokia Siemens Networks (NSN), German online publication Manager Magazin Online reported, citing unnamed sources.
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BAE warns U.S. defence spending cuts to hit earnings this year

February 20, 2014
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By Brenda Goh LONDON (Reuters) – Europe’s biggest defence contractor BAE Systems warned on Thursday that it expected earnings this year to drop by up to 10 percent as a result of U.S. spending cuts, with conditions still difficult despite a recent bi-partisan federal budget deal in Congress.
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Los Angeles cardinal unlikely to face charges

February 20, 2014
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LOS ANGELES (AP) — The nation’s largest Roman Catholic archdiocese has agreed to pay $720 million to clergy abuse victims over the past decade and released internal files that showed Cardinal Roger Mahony shielded priests and ordered a surrogate to withhold evidence from police, yet Mahony and other archdiocese leaders are unlikely to face...
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Facebook buying messaging app WhatsApp for $19B

February 20, 2014
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NEW YORK (AP) — Facebook is buying mobile messaging service WhatsApp for $19 billion in cash and stock, by far the company’s largest acquisition and bigger than any that Google, Microsoft or Apple have ever done.
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