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Western DIY outlets retreat in China

BEIJING – At a near-empty B&Q home improvement outlet in Beijing, much of the foot traffic is due to the location of a public toilet next to the entrance — not the store’s patio furniture or circular saws. It’s a sign of how foreign “do-it-yourself” big-box chains have struggled to…

Winning $312 million lottery ticket sold in New York state

WASHINGTON (Reuters) – The winning lottery ticket for an estimated $312 million jackpot was purchased in New York state, lottery operator Mega Millions said in a statement. Local media reported that the ticket was sold at Coulson’s News Center, a convenience store in Albany, the state capital. The store is located…

Exclusive: U.S. expansion of biometric tech poses ‘grave danger,’ ACLU tells Raw Story

A recent announcement by the Federal Bureau of Investigations detailing plans to embark on a $1 billion biometrics project and construct an advanced biometrics facility to be shared with the Pentagon has the American Civil Liberties Union on red alert. In an exclusive interview with Raw Story, attorney Chris Calabrese,…

UAW protests bank in attempt to gain wider support

DETROIT (Reuters) – The United Auto Workers, as part of an effort to broaden support among middle class Americans as it approaches bargaining with the three major U.S. automakers, on Thursday rallied at a downtown Detroit branch of the Bank of America. UAW President Bob King said the protest against…

Regulators looking at ways to cap big banks: source

LONDON (Reuters) – Global banking regulators are discussing how to use extra capital cushions as a means of stopping very big lenders getting even larger, a source familiar with the talks said on Friday. World leaders have asked the Basel Committee on Banking Supervision to flesh out a package of…

US growth revised upward to 3.1% for end 2010

WASHINGTON — The US economy grew much faster than first thought in the final months of 2010, according to the Commerce Department, which revised the figure upward to 3.1 percent on Friday. In its final estimate for the fourth quarter of 2010, US economic growth was stronger than the 2.8…

India cancels 14 more ‘fake’ pilot licences

NEW DELHI (AFP) – India’s aviation regulator said Friday it had cancelled the licences of 14 more commercial pilots caught forging their qualifications in a spreading scandal that has rocked passenger confidence. Cases of pilots exaggerating their flying time while training and other irregularities have emerged since a captain who…

‘Anonymous’ takes down UK Copyright Service website

The decentralized community of hacktivists known as “Anonymous” knocked the website of the UK Copyright Service offline on Thursday. The copyright protection agency, known internationally as Copyright Witness, was targeted by a distributed denial of service (DDoS) attack as part of an online campaign named “Operation Payback.” DDoS attacks flood…

TripAdvisor email list hacked, passwords secure

WASHINGTON – TripAdvisor said Thursday that hackers had stolen a portion of the online travel site’s email list and warned members of the possibility of receiving junk mail messages. “This past weekend we discovered that an unauthorized third party had stolen part of TripAdvisor’s member email list,” co-founder and chief…

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