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Exxon-XTO merger draws scrutiny from Congress
January 20, 2010 – 11:00 pm

Several Democratic lawmakers on Wednesday expressed concern that the merger of Exxon Mobil and XTO Energy would reduce competition in the oil and gas industries and increase the use of a controversial drilling technique that could pollute water supplies.

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Icahn makes winning bid for bankrupt Fontainebleau
January 20, 2010 – 11:00 pm

Billionaire investor Carl Icahn has made the winning bid to purchase the bankrupt, unfinished Fontainebleau Las Vegas Resort in a bet that the struggling Las Vegas Strip will eventually turn around.

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JPMorgan in exclusive talks on RBS Sempra
January 20, 2010 – 11:00 pm

JPMorgan Chase (JPM.N) is in exclusive talks to buy the RBS Sempra commodities joint venture, people familiar with the matter said on Wednesday, in a deal expected to be worth about $4 billion.

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Grammys to show Michael Jackson “Earth Song” 3-D movie
January 20, 2010 – 11:00 pm

Celine Dion, Carrie Underwood and Usher will take part in a tribute to Michael Jackson at the Grammy awards next week that will also showcase a movie created by Jackson for his 1995 hit “Earth Song.”

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Amy Winehouse pleads guilty to assault
January 20, 2010 – 11:00 pm

British singer Amy Winehouse on Wednesday admitted attacking a theater manager at a Christmas pantomime.

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Charlie Sheen visits sick wife, reconciliation underway?
January 20, 2010 – 11:00 pm

Actor Charlie Sheen on Wednesday went to a Los Angeles hospital where his wife was being treated for a high fever, boosting reports that the couple want to reconcile after a violent Christmas Day quarrel.

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“White Ribbon” makes cut for Oscars
January 20, 2010 – 11:00 pm

Nine films, include recent Golden Globe winner “The White Ribbon,” have made it to the next lap in the race for the best foreign-language film Oscar.

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Haiti telethon seeks largest global audience
January 20, 2010 – 11:00 pm

A benefit for Haiti that will feature dozens of stars and a collaboration by U2 singer Bono and rapper Jay-Z will be the most widely distributed telethon to reach viewers across the globe, MTV said on Wednesday.

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