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Alibaba to buy back shares from Yahoo! for $7.1 bln

Alibaba had long expressed a desire to buy back the 43 percent chunk of the company owned by Yahoo!

Alibaba, China's top e-commerce player, will re-purchase a 20-percent state in itself from US portal Yahoo! for at least $7.1 billion, the companies announced.
Publ.Date : 2012-05-21T03:15:16Z
Ruling party candidate leads Dominican vote count

A woman mark her ballot during the presidential election in Santo Domingo, Dominican Republic, Sunday May 20, 2012. (AP Photo/Manuel Diaz)

A long-time governing party official took the lead late Sunday in vote counting from the Dominican Republic's presidential election, leading a brash ex-president whose last term ended with the deepest economic crisis in the country's modern history.
Publ.Date : 2012-05-21T03:56:56Z
Pakistan blocks Twitter over contentious tweets
Pakistan blocked the social networking website Twitter for several hours because it refused to remove tweets considered offensive to Islam, said one of the country's top telecommunications officials.
Publ.Date : 2012-05-21T04:20:02Z
Today in History
Today is Monday, May 21, the 142nd day of 2012. There are 224 days left in the year.
Publ.Date : 2012-05-21T04:01:00Z
Coyotes live to fight another day in NHL series

Shane Doan (L) and Oliver Ekman-Larsson of the Phoenix Coyotes celebrate Doan's second period goal

The Phoenix Coyotes weren't about to go quietly into the night as long as captain Shane Doan had a say in the matter.
Publ.Date : 2012-05-21T03:29:21Z
Protesters clash with police at NATO summit

Protesters and Chicago Police confront each other near the NATO conference venue in Chicago

Protesters clashed with riot police as an anti-NATO protest turned ugly in Chicago when a few hundred demonstrators demanding an end to war ignored orders to clear the streets.
Publ.Date : 2012-05-21T04:05:56Z
Europe faces difficult search for growth

French President Francois Hollande, left, talks with German Chancellor Angela Merkel at the North Atlantic Council meeting in Chicago during the NATO 2012 Summit Sunday, May 20, 2012. French Defense Minister Jean-Yves Le Drian is at back center. (AP Photo/Christophe Ena)

On paper at least, European leaders agree: They need stronger growth measures to help their economies expand out of their 2½-year-old government debt crisis. Figuring out exactly what those new steps might be will be the hard part.
Publ.Date : 2012-05-21T04:06:41Z
APNewsBreak: 22 states join campaign finance fight

FILE - Montana Attorney General Steve Bullock is seen at an event in which he announced the start of his 2012 gubernatorial campaign on in this Sept. 7, 2011 file photo taken in Billings, Mont. Twenty-two states and the District of Columbia are backing Montana in its fight to prevent the U.S. Supreme Court's 2010 Citizens United decision from being used to strike down state laws restricting corporate campaign spending. Bullock argues that political corruption in the Copper King era led to the state ban on corporate campaign spending. A clarification of Citizens United is needed to make clear that states can block certain political spending in the interest of limiting corruption, he said. On Friday, May 18, 2012 Montana's case was given a boost when U.S. Sens. John McCain, R-Ariz., and Sheldon Whitehouse, D-D-R.I., signed on in support. (AP Photo/Matthew Brown, File)

Twenty-two states and the District of Columbia are backing Montana in its fight to prevent the U.S. Supreme Court's 2010 Citizens United decision from being used to strike down state laws restricting corporate campaign spending.
Publ.Date : 2012-05-21T04:12:33Z

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