Kenya recovers 249 kg of ivory from poachers

January 9, 2011

Kenya has recovered 81 elephant tusks in the northern part of the country where it is trying to contain a new wave of poaching, officials said on Saturday.

Weighing 249 kg and valued at 2.5 million shillings ($30,830), the tusks and two rhino horns were recovered by a special team of rangers from the Kenya Wildlife Service and detectives in a Friday night operation.

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Earnings to set tone, upside may be limited

January 9, 2011

earnings-to-set-tone-upside-may-be-limitedInvestors head into next week on the defensive as the potential for U.S. equity gains could be limited even if earnings begin on a strong note.

The early fourth-quarter results will set the tone. Any weakness will give traders a reason to pull back from the rally of recent weeks, which stalled on Friday on bank stock losses and lackluster jobs data.

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Verizon to carry iPhone: source

January 9, 2011

verizon-to-carry-iphone-sourceVerizon Wireless will sell the iPhone, the Wall Street Journal reported on Friday, citing a person familiar with the matter.

There was no specific date for when Verizon would sell the phone in its stores, the paper reported on its website. The announcement will be made on Tuesday at an event in New York, WSJ said.

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Healthcare vote postponed due to shooting: Cantor

January 9, 2011

The House of Representatives will postpone next week’s vote to repeal President Barack Obama’s healthcare reform legislation due to the shooting of Democratic Representative Gabrielle Giffords, House Republican Leader Eric Cantor said on Saturday. Read more

Apple CEO Jobs takes $1 for 2010 compensation

January 9, 2011

apple-ceo-jobs-takes-1-for-2010-compensationApple Inc Chief Executive Steve Jobs earned another $1 in salary 2010, the technology company said in a regulatory filing on Friday. Read more

Bernanke fears slow US recovery

January 9, 2011

bernanke-fears-slow-us-recovery1The US economy is showing signs of a “self-sustaining recovery”, but is not growing fast enough to reduce high jobless levels, Federal Reserve chairman Ben Bernanke has said.

Mr Bernanke told the Senate Budget Committee it could take four to five years for the job market to normalise.

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Deadly unemployment protests hit Thala, western Tunisia

January 9, 2011

deadly-unemployment-protests-hit-thala-western-tunisiaAt least one person has been killed in fresh unrest over unemployment in Tunisia, eyewitnesses say.

One hospital source told Reuters news agency that one person had been shot dead during a demonstration in the western town of Thala.

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Southern Sudan votes on independence

January 9, 2011

southern-sudan-votes-on-independencePeople in Southern Sudan have begun voting in a landmark referendum on independence from the north.

The week-long vote is widely expected to result in Africa’s largest country being split in two.

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US congresswoman Gabrielle Giffords shot in Arizona

January 9, 2011

us-congresswoman-gabrielle-giffords-shot-in-arizonaA US congresswoman has been shot in the head and six other people have been killed by a gunman in Arizona.

Democratic Representative Gabrielle Giffords, 40, was shot at close range during a public meeting in Tucson.

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Jets implicated in solar riddle

January 8, 2011

jets-implicated-in-solar-riddleScientists say they are closer to understanding why the Sun’s outer atmosphere is hotter than its surface.

The corona, as it is known, is millions of degrees hotter than the star’s visible surface layer, or photosphere.

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