Taxpayers likely to face initial loss on GM IPO: sources
NEW YORK/DETROIT (Reuters) - The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.
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Emergency declared after 7.1 quake hits New Zealand
WELLINGTON (Reuters) - Authorities declared a state of emergency after a major earthquake hit New Zealand's second biggest city, Christchurch, early on Saturday, bringing down power lines, ripping up roads and wrecking building facades, but authorities reported no deaths. | Video
Food prices fueling fears of shortages
Food riots in Mozambique and a controversial move by Russia to extend a wheat export ban are sparking worries of a return to the food shortages of three years ago. Video | Full Article
Flying first-class in the lap of luxury
A look at the comforts provided for those willing to part with a little more cash for the ultimate flying experience. Slideshow
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