Co. Paying Just $1,200 for Each Factory Fire Life

A company that makes clothes for Sean Combs' clothing brand ENYCE and other U.S. labels reassured investors that a factory fire that killed 112 people over the weekend would not harm its balance sheet, and also pledged to pay the families of the dead $1,200 per victim.In an announcement Monday, Li & Fung Ltd., a middleman company that supplies clothes from Bangladesh factories...

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Virtual economy looms as digital cash grows up

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Israel defence minister Barak quits politics

JERUSALEM: Israel's Defence Minister Ehud Barak announced on Monday that he was quitting political life after a decades-long career that also saw him serve as prime minister.Barak, 70, made the surprise announcement at a press conference in Tel Aviv, adding that he would retire from politics after a new government is formed in the wake of January elections."I have decided to resign from...

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CNET Exclusive: Outdoor Tech wireless audio Cyber Monday sale

Adapt (Credit:Outdoor Tech)Forget wires. Outdoor Tech brings CNET three can't-miss offers! Exclusively for Cyber Monday, our good friends at Outdoor Technology are back and hooking up the CNET audience with great deals on three of the company's best Bluetooth products. If you are a follower of CNET Exclusives or this blog, you'll know I love Bluetooth technology. If you are new to this, welcome, let...

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Distant Dwarf Planet Secrets Revealed

Orbiting at the frozen edges of our solar system, the mysterious dwarf planet Makemake is finally coming out of the shadows as astronomers get their best view yet of Pluto's little sibling. Discovered in 2005, Makemake—pronounced MAH-keh MAH-keh after a Polynesian creation god—is one of five Pluto-like objects that prompted a redefining of the term "planet" and the creation of a new group...

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GOP Starting to Rebel Against No-Tax-Hikes Pledge

With the fiscal cliff looming for the United States, some Republican members of Congress said today they are ready to break a long standing pledge not to raise taxes."The only pledge we should be making to each other is to avoid becoming Greece. And Republicans should put revenue on the table," South Carolina Sen. Lindsey Graham said on ABC's "This Week."Read more of the discussion...

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Keystroke-logger checks your identity as you type

WHETHER an aggressive finger-jabber or a fluent touch-typist, the way you type says more about you than you might think. A biometric authentication system monitors the telltale timing gaps between the letters you type to continually verify your identity. The traditional password is notoriously troublesome as a way of keeping your devices secure. Many people use simple, easy-to-guess passwords like...

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Europe mulls Greece "haircut" in 2015: report

BERLIN: Eurozone finance ministers are considering a possible "haircut" for Greece in 2015, a German newspaper reported on Sunday, in a bid to reduce the debt mountain of the recession-wracked country.Other eurozone countries and institutions like the European Central Bank could be ready to discuss writing down a part of their Greek debt holdings to put Greece's debt on a more sustainable...

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Apple targets Galaxy Note 2, S3 Mini in latest court request

Apple and Samsung continue to hurl gadgets at each other in their seemingly never-ending patent battle.Midweek, Samsung filed a request that theiPad Mini, the fourth-generation iPad, and the fifth-generation iPod Touch be included in a California case set to go to trial in 2014. Not to be outdone, Apple responded last night by asking that several more Samsung devices, including theGalaxy Note 2, the...

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Distant Dwarf Planet Secrets Revealed

Orbiting at the frozen edges of our solar system, the mysterious dwarf planet Makemake is finally coming out of the shadows as astronomers get their best view yet of Pluto's little sibling. Discovered in 2005, Makemake—pronounced MAH-keh MAH-keh after a Polynesian creation god—is one of five Pluto-like objects that prompted a redefining of the term "planet" and the creation of a new group...

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