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Land conflicts stunt Vietnam urban planning dreams

Do Quoc Tai is an unlikely pain in the side of Vietnam's ruling Communist Party. Although the construction foreman earns just $150 per month, he and his neighbors have strong-armed the government, blocking a major ring road that's a symbol of the country's push to modernize.

Vatican bank chief ousted in no-confidence vote

The president of the Vatican bank has effectively been ousted after receiving a unanimous vote of no-confidence from bank overseers for having leaked documents and failed to do his job at a critical time in the Holy See's efforts to show financial transparency, the Vatican and officials said.

Britain's Clegg warns of impact of Greek euro exit

Britain's Deputy Prime Minister Nick Clegg warned Thursday that a Greek exit from the eurozone could have drastic consequences for all of Europe, and called for a new "grand bargain" to help even the field between the monetary union's haves and have-nots.

Box Office Preview: 'MB' to disassemble 'Avengers'

Sony's debuting "Men in Black 3," starring Will Smith, Tommy Lee Jones and Josh Brolin, is expected to vaporize "The Avengers'" nearly month-long supremacy at the top of the domestic box office charts, grossing about $80 million across the long holiday weekend.

Dow wins $2.16B in Kuwaiti dispute

Dow Chemical has been awarded $2.16 billion in damages by an international arbitration court over for a Kuwaiti joint venture that collapsed four years ago as the global recession took hold.

How the major stock indexes fared on Friday

Concerns about Europe pushed U.S. markets lower Friday but didn't erase all the gains from Monday and Thursday. The Dow Jones industrial average finished up for the week for the first time in May.

Norway strike shuts hundreds of schools

Thousands of teachers, carers and policemen have gone on strike in Norway in a protest over wages, shutting down hundreds of kindergartens and schools in the middle of exam time.

Wheat climbs as dry weather lingers over Kansas

Wheat prices are climbing as questions persist about how much dry weather is affecting the Kansas crop.

Oil rises above $91 as global stocks rally

Oil rose above $91 a barrel Friday in Asia as a global stock market rally boosted oil trader confidence.

Goldman's Blankfein gets a break

For once, the spotlight wasn't on Goldman Sachs.

News Summary: Land conflicts stunt Vietnam plans

DEVELOPMENT BLOCKED: Construction foreman Do Quoc Tai and his neighbors have strong-armed the Vietnamese government, blocking a major ring road in Hanoi that's a symbol of the country's push to modernize.

US bank earnings rose this winter to 5-year high

U.S. bank earnings rose in the first three months of the year to the highest level in nearly five years and the number of troubled banks fell for the fourth straight quarter.

Money market fund assets rise to $2.564 trillion

Total U.S. money market mutual fund assets rose by $1.26 billion to $2.564 trillion for the week that ended Wednesday, the Investment Company Institute said Thursday.

Weekly US jobless aid applications dip to 370,000

The number of people seeking unemployment benefits changed little last week, signaling modest job growth.

Mutual fund news: Facebook, Bill Gross, Vanguard

Invest for the long term and keep daily news in perspective. It's easy to get sucked into a negative mindset, with troubles at Facebook and JPMorgan Chase in the headlines.

Carrefour speeds up CEO transition to Plassat

Retail titan Carrefour has accelerated its transition to a new CEO, handing the job to Georges Plassat as the company struggles to shore up sales hit by Europe's protracted debt crisis.

Senate bill aims to increase drug import safety

U.S. regulators would inspect more drug manufacturing facilities in China, India and other foreign countries as part of legislation approved Thursday that aims to step up oversight of the nation's imported pharmaceutical supply.

Pritzker prize's other winner in China: Hyatt

When architect Wang Shu accepts his field's richest prize in a ceremony Friday at the seat of China's legislature, a symbolic second winner will be waiting in the background - Hyatt Hotels.

Smart Spending: Putting extreme couponing to test

Armed with a stack of coupons, Amanda Ostrowski paid just $51.67 for $1,175.33 worth of groceries on TLC's reality show "Extreme Couponing."

Auction of Ronald Reagan blood vial canceled

A European auction house Thursday canceled the planned online sale of a vial containing dried blood residue said to be from Ronald Reagan after complaints from the late U.S. president's family and foundation.

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