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AT&T acquires Cricket phone network as part of $4 billion deal

AT&T announced plans Friday to buy mobile carrier Leap Wireless in a deal worth at least $4 billion, giving the telecom giant needed spectrum along with the Cricket prepaid phone franchise. AT&T said it was paying $15 a share, around $1.2 billion, and would assume the smaller carrier’s $2.8 billion…

Chinese firms in Myanmar attempt to fix image problem

Chinese firms in Myanmar attempt to fix image problem (via The Christian Science Monitor) Facing unexpected turbulence over its investments in Myanmar, China is employing a strategy more commonly used by Western corporations: The “corporate social responsibility” campaign. Hence last week’s rollout of new guidelines to be followed…  …

Boeing stocks dive after 787 ‘Dreamliner’ fire at English airport

Boeing stocks plunged nearly 5 percent on Friday after a fire and a “technical issue” on separate 787 Dreamliners in Britain stoked fresh safety concerns about the new high-tech jetliner. Dow member Boeing’s shares closed 4.7 percent lower at $101.87 in New York, clawing back from a dive of more…

Third Asiana jet crash victim dies of injuries: hospital

A third passenger from the Asiana Airlines Boeing 777 that crashed on landing at San Francisco International Airport last weekend has died of her injuries, a local hospital said Friday. “A child who was injured in the Asiana Airlines accident died this morning. The patient was a girl who had…

Tunisian TV boss accused of using state funds for production company

The trial of Tunisian television chief Sami Fehri, accused of corruption during the rule of now-toppled strongman Zine El Abidine Ben Ali, opened Friday with the defence requesting bail and the court denying it. Fehri, who runs the private Ettounsiya TV and was a business partner of Ben Ali’s fugitive…

Tanzanian man faces charges of smuggling 1,000 poached elephants’ tusks

A Tanzanian businessman was charged Friday with smuggling more than a thousand elephant ivory tusks, officials said. “Selemani Isanzu Chasema, in his 50s, is believed to have exported 781 tusks through Malawi,” in May, prosecuting attorney Tumaini Kweka told AFP. Chasema, who denied the charges, was arrested earlier this month…

Edward Snowden’s journey from high school drop-out to focus of international intrigue

Hunted as a US traitor and at the center of a diplomatic row, Edward Snowden got off to a less spectacular start in life: he is a self-confessed geek and high school dropout. Snowden, 30, who Friday told human rights activists in Moscow that he wanted to claim asylum in…

U.S. Army promises to locate lost Iraq, Afghanistan records that keep veterans from getting benefits

The U.S. Army has conceded a significant loss of records documenting battlefield action and other operations in Iraq and Afghanistan and has launched a global search to recover and consolidate field records from the wars. In an order to all commands and a separate letter to leaders of the House…

Germany stops Icelandic whale meat shipment to Japan in environmentalist victory

Six containers of whale meat are on their way back to Iceland after German authorities removed the controversial cargo from a ship bound for Japan, Icelandic media reported on Friday. The batch was first stopped by German customs in Hamburg, where the containers were unloaded and then sent back via…

US, EU kick off Transatlantic Trade and Investment Partnership talks despite Snowden revelations

US and European Union trade negotiators claimed progress Friday as they closed out the first week of ambitious talks to create a huge transatlantic free-trade zone. Despite controversy over US spying on its European allies and both sides laying out potentially divisive no-go areas, there were few signs of initial…

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