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Facebook IPO could value it among top companies

By RYAN NAKASHIMA

LOS ANGELES – When Facebook makes its long-expected debut as a public company this spring, the social-networking company will likely vault into the ranks of the largest public companies in the world, alongside McDonald’s, Amazon.com and Bank of America.

The…

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US Embassy: US citizen kidnapped in Nigeria freed

By JON GAMBRELL

LAGOS, Nigeria – A U.S. citizen kidnapped by gunmen in Nigeria’s oil-rich southern delta has been freed after a week in captivity, the U.S. Embassy said.

U.S. Embassy spokeswoman Deb MacLean told The Associated Press on Friday that the man…

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American economy not healthy yet, but it’s healing

By MARTIN CRUTSINGER

WASHINGTON – The American economy may not be truly healthy yet, but it’s healing.

The 2.8 percent annual growth rate reported Friday for the fourth quarter was the fastest since spring 2010 and was the third straight quarter that growth…

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Dow slips to first losing week of 2012

By BERNARD CONDON

NEW YORK – The stock market closed mostly lower Friday, sending the Dow Jones industrial average to its first losing week of 2012, after the government reported that economic growth was slower at the end of last year than economists…

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Twitter’s new censorship plan rouses global furor

By DAVID CRARY

NEW YORK – Twitter, a tool of choice for dissidents and activists around the world, found itself the target of global outrage Friday after unveiling plans to allow country-specific censorship of tweets that might break local laws.

It was a…

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Dow slips after US economic growth disappoints

By BERNARD CONDON

NEW YORK – Stocks are closing mostly lower on news that the U.S. grew at a slower pace than expected in the fourth quarter.

A slump in the Dow Jones industrial average pushed the index down for the week, the…

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North America boosts Ford in 4Q

By DEE-ANN DURBIN

DEARBORN, Mich. – For Ford, there’s no place like home.

North America propped up the company in the fourth quarter as the European debt crisis and flooding in Thailand hurt profits elsewhere. Ford Motor Co.’s shares took an initial hit…

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As US slows, P&G turns to developing markets

By CHRISTINA REXRODE

NEW YORK – Emerging markets are playing a bigger role in Procter & Gamble Co.’s growth, in another sign that U.S. companies are courting new customers overseas as American shoppers get tapped out.

The maker of Tide laundry detergent, Crest…

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Activists and bloggers fear Twitter censorship

By MICHAEL LIEDTKE

SAN FRANCISCO – Bloggers and activists from China, the Middle East and Latin America said Friday they were afraid that new Twitter policies could allow governments to censor messages, stifling free expression.

Thursday’s announcement that Twitter had refined its technology…

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Stocks edge lower after GDP growth disappoints

By BERNARD CONDON

NEW YORK – Stocks were trading mostly lower after the government reported the U.S. economy grew at a slower pace than economists had expected in the fourth quarter.

The Dow Jones industrial average fell 83 points, or 0.7 percent, to…

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