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- Shift Into High-Quality Stocks Could Move Market Higher
- China: Low US Interest Rates Threaten Recovery
- Drug Study Questions Effectiveness of Merck's Drugs
- Buffett: I Haven't Bought AMEX Shares in Years
- Military Arms Race Dominates Dubai Air Show
- Disaster Film '2012' Drowns Rivals at Box Office
- Cities With the Most Home Price Reductions
- Cramer: 5 Earnings Reports to Watch Next Week
- CNBC Video: Warren Buffett & Bill Gates - Keeping American Great
- U.S. Stocks Rally for the Second Straight Week
- Dollar is Not Plunging—So 'Calm Down': Market Strategist
- Strategists Say Markets Have More Upside — But How Much?
- Hirschhorn: Risk-Averse Traders
- Roginsky: A Funny Thing Happened on the Way to Financial Reform
- This Year's Biggest Thanksgiving Leftover: Cash
- TV Series Inks Unique Deal For Fight
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- Study raises new questions about Merck pill Zetia
- Bristol-Myers splits off Mead Johnson Nutrition
- Copano Energy founder Eckel dies at 58
- Dobbs says CNN departure was ‘amicable’
- Grupo Mexico wins back copper mining unit Asarco
- Newspaper: Stimulus brings few private-sector jobs
- Currency a low priority in Obama’s China visit
- Indecisive Wall Street likely to stay that way
- GE forms China JV to make airplane electronics
Dubai takes first steps toward Olympic bid in 2020
DUBAI, United Arab Emirates - This Gulf boomtown has set its sights on becoming the first Arab city to host the Olympics with a committee meeting Monday to consider a possible bid for the 2020 games.
The city-state's media office said Dubai ruler Sheik Mohammed bin Rashid Al Maktoum met with the group, urging it to devote its full efforts to the campaign.
His son, the crown prince, chaired the gathering, which included several other members of the emirate's political elite, suggesting strong government support for a possible bid.
Dubai is not the only Gulf sheikdom that has looked to an Olympic bid to raise its profile. Two years ago, the Qatari capital Doha unsuccessfully bid for the 2016 games.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
- Where, what, how.
- Warren Buffett and Bill Gates spoke to Columbia students, and Buffett made the students a startling offer.
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- The president and founder of Genesis Today wants to improve America’s health, and thinks Wal-Mart can help.
- Switzerland's privacy watchdog is taking legal action to force Google to make changes to its Street View service.









