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Banking stem cells could save Japan nuclear workers

CHICAGO (Reuters) – Health officials should collect blood from workers at the crippled Fukushima Daiichi nuclear power plant in case they are accidentally exposed to high levels of radiation and need a stem cell transplant, Japanese researchers said on Thursday. They said gathering blood from the workers would give them…

US banks to settle on financial crisis penalties: report

NEW YORK (AFP) – Several major US banks are close to an agreement with the Wall Street regulator to settle fraud allegations related to the “toxic” mortgages behind the 2008 financial crisis, a report said Friday. An initial agreement with the Securities and Exchange Commission (SEC) could be settled next…

Google posts $2.3 billion net profit

SAN FRANCISCO — Google’s share price slid in after-hours trading Thursday as the Internet search giant’s first quarter earnings fell slightly short of Wall Street expectations. Google on Thursday reported a first-quarter net profit on Thursday of $2.3 billion, up from $1.96 billion a year ago, on revenue of $8.58…

BP faces angry protests at first annual general meeting since spill

LONDON — BP was facing angry protesters and disgruntled shareholders on Thursday at its first annual general meeting since a massive oil spill in the Gulf of Mexico. The meeting in London is taking place almost a year since the explosion on the Deepwater Horizon rig killed 11 workers and…

China beating US in cyberspying

ATLANTA (Reuters) – As America and China grow more economically and financially intertwined, the two nations have also stepped up spying on each other. Today, most of that is done electronically, with computers rather than listening devices in chandeliers or human moles in tuxedos. And at the moment, many experts…

Senate panel says Goldman ‘clearly misled’ clients, Congress

WASHINGTON (Reuters) – In the most damning official U.S. report yet produced on Wall Street’s role in the financial crisis, a Senate panel accused powerhouse Goldman Sachs of misleading clients and manipulating markets, while also condemning greed, weak regulation and conflicts of interest throughout the financial system. Carl Levin, chairman…

Greenpeace urges Facebook to ‘like’ green energy

SAN FRANCISCO (AFP) – A handful of Greenpeace activists was outside Facebook headquarters on Wednesday, calling on the social network to “unfriend” coal energy for powering data centers and other operations. Members of the international environmental group set up a large computer screen to display comments streaming in from around…

BP faces angry protests at first annual shareholders’ meeting since spill

LONDON (AFP) – BP was facing angry protesters and disgruntled shareholders on Thursday at its first annual general meeting since a massive oil spill in the Gulf of Mexico. The meeting in London is taking place almost a year since the explosion on the Deepwater Horizon rig killed 11 workers…

Google and Bing gain as Yahoo slips in search

SAN FRANCISCO — Google and Bing gained ground in the US Internet search market in March at the expense of Ask, AOL, and Yahoo!, according to figures released Wednesday by industry tracker comScore. Google continued to be the prime tool used to seek online information, handling 65.7 percent of “explicit”…

Air Pacific cancels order for 8 Boeing 787s

NEW YORK — Fiji’s Air Pacific has canceled its order for eight Boeing 787 aircraft, the US aerospace giant said Wednesday, the latest blow for its delay-plagued Dreamliner program. “Boeing confirms that Air Pacific no longer is a Boeing 787 customer,” the Chicago-based firm said in an email to AFP…

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