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Former News Corp President Peter Chernin bid around $500 million for Hulu, the online-video streaming service he helped create in 2007, according to two sources with knowledge of Hulu's sale process.
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April 4- The U.S. government on Thursday recommended the removal of four hydroelectric dams on the Klamath River in Oregon and California to aid native salmon runs and help resolve a decades-long struggle over allocation of scarce water resources.
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LOS ANGELES, April 4- Walt Disney Co expects to begin layoffs at its studio and consumer product divisions within the next two weeks, according to two people with knowledge of the matter, in the latest cost-reduction step to emerge from a company-wide review.
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SAN FRANCISCO, April 4- Google Inc has sold the Frommers' line of travel-guidebooks, acquired just eight months ago from John Wiley& Sons Inc to strengthen its trove of local content and reviews, to founder Arthur Frommer. Google had intended to use the popular brand to beef up its own local content, listings and reviews, executives said at the time.
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April 4- Rivals NYSE Euronext and Nasdaq OMX Group Inc both claim that to have listed the most global initial public offerings during the first quarter of 2013, while Thomson Reuters' data shows the two exchange operators as being tied.
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*Facebook takes battle for ad revenue, user times to Google. *Facebook's shares climb, Google's fall.
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The Bank of Japan jolted markets, unleashing the world's largest monetary stimulus, with a commitment to inject $1.4 trillion into the economy in less than two years. "It was pretty clear throughout the day that investors were pleasantly surprised by the magnitude of the BoJ actions," said Andrew Wilkinson, chief economic strategist at Miller Tabak& Co..
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SAN DIEGO-- WD-40 Co.' s fiscal second-quarter profit slipped 1 percent but still managed to exceed market expectations on sales gains overseas. WD-40 President and CEO Garry Ridge said that the company's focus is on growing its multi-purpose maintenance products business.
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SAN FRANCISCO, April 4- Hewlett-Packard Co Chairman Ray Lane, who has come under fire from shareholders for his role in the botched, costly acquisition of British software company Autonomy Plc, has stepped down, the company said on Thursday.
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SAN FRANCISCO, April 4- Hewlett-Packard Co Chairman Ray Lane, who has come under fire from shareholders for his role in the botched, costly acquisition of British software firm Autonomy Plc, has stepped down, the company said on Thursday.
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ATHERTON, Calif., April 4- President Barack Obama acknowledged on Thursday that getting big changes to gun laws through the U.S. Congress would be challenging, telling donors at a California fundraiser gun control was a tougher issue than immigration reform.
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*Facebook's "Home" takes battle for ad revenue, user times to Google. MENLO PARK, Calif., April 4- Facebook Inc unveiled "Home" software on Thursday to place the world's social network front and center on Android smartphones, a move that may divert users from Google Inc services and steal some of its rival's momentum in the fast-growing mobile arena.
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*Boeing sold 220 jets or 209 after cancellations. *Airbus delivers 144 aircraft, Boeing 137 in Q1. PARIS/ NEW YORK, April 4- Airbus recaptured the aircraft industry's top spot in the first quarter as U.S. rival Boeing fell behind on orders and grappled with the grounding of its newest jet, the 787 Dreamliner, data from both companies showed on Thursday.
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MENLO PARK, Calif., April 4- AT&T Inc will exclusively sell the first smartphones pre-loaded with Facebook Inc's new family of "Home" applications starting April 12, the wireless carrier said on Thursday.
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MENLO PARK, Calif., April 4- Facebook Inc unveiled "Home" software on Thursday to place the world's social network front and center on Android users' smartphones, a move that may divert users from Google Inc services and steal some of its rival's momentum in the fast-growing mobile arena. Shares in Facebook climbed 2 percent to $26.83 in the afternoon.
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MENLO PARK, Calif., April 4- Facebook Inc unveiled "Home" software on Thursday that will intergrate the social network more completely with Android users' smartphones, a move that may divert users from Google Inc services and steal some of its rival's momentum in the fast-growing mobile arena.
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WASHINGTON, April 4- The number of Americans filing new claims for unemployment benefits hit a four-month high last week, the latest suggestion the labor market recovery lost some momentum in March.
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SAO PAULO, April 4- She's one of the world's most popular presidents with an approval rating that is the envy of her peers in richer countries struggling with debt crises and political deadlock- 79 percent and rising. And yet, it's entirely possible that Dilma Rousseff could fail to win re-election as president of Brazil in October 2014.
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LOS ANGELES-- The Port of Los Angeles has completed a 10- year channel-deepening project to accommodate modern, bigger ships. A port statement Wednesday says the 45- foot-deep Main Channel, West Basin Channel and East Basin Channel were deepened to 53 feet during the $370 million project.
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SAN FRANCISCO-- The National Rifle Association and gun manufacturers are to blame for the "disconnect" between the broad public support for gun control and the reluctance in Congress to ban assault weapons and high-capacity ammunition magazines, U.S. My view is they shouldn't go up to the Senate if they are unwilling to stand up and vote. "
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Initial claims for state unemployment benefits increased 28,000 to a seasonally adjusted 385,000, the highest level since November, the Labor Department said on Thursday.