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Satyam Taps Auditors
Satyam began a search for a new CEO and a new finance chief, as the Indian software firm also named Deloitte and KPMG interim auditors.
- Video: Satyam Fallout

Asia Stocks Crumble, With Resources Hit
Asian shares crumbled under heavy selling pressure, led by resource and financial stocks. Japan's Nikkei lost 4.9%.
Apple's Steve Jobs Takes Medical Leave
Apple CEO Steve Jobs said his health issues are more complex than he thought and he plans to take medical leave until June.

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China Overtakes Germany in GDP
China's statistics bureau said the nation's economy grew even faster in 2007 than previously estimated, a revision that also made the country the world's third-largest national economy in U.S. dollar terms, overtaking Germany.
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Microsoft Is Exploring Job Cuts
Microsoft is exploring significant work-force reductions, a rare occurrence for the world's largest software company.
- Bartz May Boost Yahoo-Microsoft Search Deal
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Asia's M&A Moment
The volume of mergers and acquisitions in the Asia-Pacific region outstripped North America for the first time during the last quarter.
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Nortel Files for Bankruptcy
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PC Shipments Dropped in '08 Fourth Quarter

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Barclays Plans to Cut Jobs
Barclays said it plans to cut up to 2,100 jobs in its retail and commercial banking units, adding to layoffs of the same size in its investment-banking arms.
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Motorola to Slash 4,000 Jobs
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Google to Lay Off 100 Recruiters
Treasury Pressured on Homeowners

In Surge, Israel Gains on Hamas
Israeli airstrikes killed Hamas's security chief, providing a tactical victory for the Jewish state as it moved forces into the territory's urban areas.

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AIG to Pay to Keep Asia Executives
AIG's chief said the insurer will offer retention packages to top executives in Asia.
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Three Chinese Steel Producers Merge

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South Korea's Economy May Slow
South Korea's president said the country's economy may shrink in the first half of next year because of fallout from the global financial crisis.
Tainted-Milk Victims to Get Payments
European Banks Weigh Indexes

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ECB Cuts Rates, Matches '05 Low
The European Central Bank cuts its benchmark rate by half of a percentage point, following a series of weak euro-zone economic data. (Trichet statement | Video)
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Europe New-Car Sales Fall 7.8%
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Ireland Plans Bank Takeover

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Asian Stocks: Nikkei Falls 5.6%
Markets tumbled, extending losses as investors sold off shares across sectors on word the bailout deal to aid struggling automakers fell apart in the U.S. The Nikkei closed down 5.6%
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South Korea Again Cuts Interest Rates

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Corporate Scandal Shakes India
The chairman of one of India's largest tech firms said he concocted financial results, sending shock waves across India and likely prompting investors to question other corporate results as the once-hot economy slows.
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Intel's Net Falls 90% as Sales Slide
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Lenovo Considers Acquisitions

China, Clay and Qin Shihuangdi
At Atlanta's High Museum of Art, "The First Emperor: China's Terracotta Army" seeks to enlighten Westerners about one of the greatest leaders of all time.

* at close Source: Dow Jones, Reuters
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Happiness Is a Warm Snowblower
Harsh winter weather and frugal spending may have cast a pall on most retail sales, but the snowblower is proving recession-resistant.
- A Snowthrower Smackdown
- Video: Handling the Hefty Duty of Hurling Snow
Popping Up Your Collar
There's nothing foppish about turning up the collar on leather jackets, coats and some shirts, writes Teri Agins.
Inside the Mania for Fashion as Art
How a sedate museum created a home for a sumptuous costume collection.
- Photos: Historic Collection
Latest e-Books on Your Cellphone
Walt Mossberg tests new e-book apps that aim to bring current and popular titles from major publishers to the iPhone and Touch.
- Video: Mossberg on e-Book Software
Paying Relatives to Look After Elderly
Caring for a family member is a responsibility many people bear. It can also be a source of income.