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Pakistan Cannot Play Both Sides Forever

The Wikileaks revelations about murderous collusion between Pakistan’s Inter-Services Intelligence (ISI) agency and the Afghan Taliban have underlined the central role that country plays in the sponsorship of terrorism.

Boeing 2Q Profit Net Drops 21% As Sales Fall; Shares Dip

The head of Boeing Co. (BA) said Wednesday the company was likely to cut jobs in a defense unit facing increasing budget pressures from the Pentagon and overseas customers.

GeoWeb Conference to Address Social Media, Including Twitter

Vancouver Sun – July 27, 2010 “Real-time” use of geographic data is the theme for this year’s annual GeoWeb conference, being held all this week at the Morris J. Wosk Centre for Dialogue. Conference speaker Stephen Piotrowicz, program manager for the National Oceanic and Atmospheric Administration, is involved in one of the best examples of [...]

BP to Emerge ‘Smaller and Wiser’

BP will emerge from the Gulf of Mexico oil spill crisis a smaller and wiser company, according to the man who is due to take over the reins. Bob Dudley, currently in charge of BP’s clean-up operation, will replace Tony Hayward as chief executive in October.

AIG, Regions Financial Gain as Financials Close Higher

Shares of U.S. financial companies notched gains Monday after the sector was boosted by better-than-expected housing data.

Amazon Customer Philosophy is behind Earnings Miss

Normally, when companies announce a 40%+ increase in costs and miss analyst expectations, their stock takes a hit. Last week, Amazon was no exception.

Wall St Climbs on FedEx View, Home Sales Data

An upbeat outlook from FedEx, coupled with encouraging home sales, lifted U.S. stocks on Monday, keeping the S&P 500 above 1,100 for a second day and suggesting the rally could last.

Aboard Carrier, as U.S., Korean Crews Practice Drills

For all the attention given to the joint U.S.-South Korea naval exercise going on this week—and criticism from North Korea and China about it—the people actually doing the work on the lead U.S. ship said Monday their drills were routine.

Stocks Sputter on European Jitters

Stocks seesawed Friday as investors welcomed better-than-expected results from Microsoft, Ford Motor and other companies, but showed caution ahead of reports on European stress tests and executive compensation.

India Announces $35 Tablet Computer

India is in the process of developing a touchscreen tablet that could rival the iPad, but at just a fraction of the cost. Aimed at students and has a Linux operating system.

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