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At least seven of 17 Fed officials spoke against or expressed reservations on a plan to alter the way the Fed manages its huge portfolio of securities before the move was approved on Aug. 10.

A U.S. judge blocked the federal government from funding research involving human embryonic stem cells, a surprise blow to one of the most promising yet controversial areas of current scientific research.

The U.S. has turned to its CIA station chief in Kabul, known to some by his nickname, "Spider," to troubleshoot ties to the mercurial Afghan president, an unusual setup that reflects the precariousness of the relationship.

The Obama administration may propose that any federal backing of mortgages be paid for through fees on the lending industry.

Kenneth Feinberg's effort to set the terms for handing out BP money to Gulf oil spill victims came under attack from state officials and lawyers who said he planned to be too restrictive in deciding who gets paid.

The Japanese yen surged to multiyear highs, accelerating gains after finance minister Yoshihiko Noda made no clear sign that authorities were preparing to intervene in currency markets.

The Chinese sovereign-wealth fund is in talks with Universa Investments about investing in the hedge fund, a downside hedge for China, whose economy depends on global growth.

Genzyme and France's Sanofi-Aventis are still talking about about a takeover of the U.S. biotech firm, but they remain at odds about a price at which Sanofi could begin due diligence.

Penny Pritzker, one of America's richest and most powerful businesswomen, is no longer considered an independent director of Hyatt Hotels, which her family controls.

Asian stocks fell, weighed by losses on Wall Street and concerns over the pace of global economic growth. The Nikkei slipped 1.4%.

The FDA will conduct hundreds of inspections of egg producers to ensure they adhere to newly implemented safety rules in the wake of the massive egg recall linked to a salmonella outbreak.

Hewlett-Packard made a $1.6 billion offer for data-storage provider 3PAR just a week after rival Dell agreed to acquire the company.


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