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Wednesday, January 14, 2009

Rescue on the Hudson

All passengers and crew members aboard US Airways Flight 1549 were safely evacuated after the pilots made an emergency landing in the Hudson River.

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A Dirty Job

Nicholas Kristof visits a Camobodian garbage dump, where some families make their living scavenging through the toxic pile.

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UrbanEye- Theater Over the Phone

Melena Ryzik reports on "Call Cutta In A Box," an experimental theater piece at the Goethe-Institut.

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Remembering Stephen Sprouse

A retrospective of his collaborations with Marc Jacobs for Louis Vuitton and the celebration of his life and career. Directed by Chiara Clemente.

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Mossberg on Ebook Software for iPhone, iPod Touch

WSJ's Walt Mossberg reviews ebook software, Shortcovers and Iceberg, for the iPhone and iPod Touch that aim to compete with Amazon's Kindle.

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How Jobs Absence Will Affect Apple

Apple's shares fell on news that CEO Steve Jobs will take a medical leave. While the company's product pipeline is likely to keep working, WSJ's Justin Scheck tells Stacey Delo, the focus remains on how his absence will affect the company.

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The Public Face of Apple

Even though company's product pipeline will keep working, all the focus on Apple is on CEO Steve Jobs, WSJ's Justin Scheck tells MarketWatch's Stacey Delo. (Jan. 14)

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Sen. Corker Meets with Ford's Mark Fields

When the Big Three asked for a bailout, Sen. Bob Corker (R-Tennessee) opposed the measure. As WSJ's Alex Kellogg reports, the senator arrived at Detroit's auto show and met with industry leaders, including Ford's Mark Fields.

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Handling the Hefty Duty of Hurling Snow

With a yard covered in snow, WSJ's Wendy Bounds wonders if a 125-pound woman can conquer the mighty snowblower.

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Satyam Fallout- India's Young Tech Workers

B. Ramalinga Raju's confession to cooking the books at Satyam Computer Services comes as a shocking disappointment to young Indian tech workers who saw him as a role-model. WSJ's Divya Gupta reports.

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December Retail Sales Worse Than Feared

Today the bears are firmly in control of Wall Street, as December retail sales are proven to be far worse than expected.

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Check Out Bankrate's Stock

You won't learn this on any of its websites, but shares of Bankrate, the consumer financial information company, look reasonably priced.

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High for Fortune 500 Women CEOs

The appointment of Carol Bartz to the CEO job at Yahoo increases the number of women running Fortune 500 companies to 14, the highest number ever. Katherine Giscombe of Catalyst explains the significance. Stacey Delo reports.

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Silicon Valley Stays Away from San Jose

An office tower built during the dot-com boom sits vacant in downtown San Jose. Its owner, Oracle -- with headquarters 30 miles away -- shows little interest in the building and has pulled it off the market. John Letzing reports. (Jan. 14)

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Mossberg Solution- Web Search Tools

WSJ's Mossberg Solution columnist Katherine Boehret discusses two options for fine-tuning Internet searches: Google's SearchWiki and Surf Canyon. Both aim to make search results more relevant.

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Rallies, Nothing More Than a Bear Trap?

Barron's Bob O'Brien says that the rally that got underway in the first week of December, although encouraging, has been completely wipe out with the S&P 500 now below the 800 mark. The market is in a very perilous state.

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The Future of TARP

Rep. Brad Sherman talks with MarketWatch's Ron Orol about problems with how the first half of the $700 billion TARP funds was spent and about how the second half should be used. (Jan. 14)

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Connecticut Town Loses Millions With Madoff

Fairfield, Conn., officials plan to arrest Bernard Madoff and charge him with fraud after the city lost $42 million worth of pension money that was invested with him. Video courtesy of Fox News.

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U.N. Urges End to Gaza Fighting

With fighting in Gaza entering its 19th day, United Nations Secretary General Ban Ki Moon is touring the Middle East in an attempt to secure an end to the conflict. Video courtesy of Reuters.

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Rockets from Lebanon Fired at Israel

Three rockets from Lebanon were fired at northern Israel Wednesday. The attack was the second from guerrillas in Lebanon in a week. Video courtesy of Reuters.

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'My one vote'

(Boston Globe) Obama supporter Doris McKnight, 86, votes for the first time in more than 20 years. By Bill Greene, Globe Staff

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'My one vote'

(Boston Globe) Obama supporter Doris McKnight, 86, votes for the first time in more than 20 years. By Bill Greene, Globe Staff

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European Central Bank Expected To Cut Rates By 50 Basis Points

Nick Parsons of nabCapital tells MarketWatch's Bill Watts the ECB will have to cut rates to show solidarity with other central banks.

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Tesla Motors- All American, All Electric

WSJ's Jeff Bennett speaks with Doreen Allen, who is representing Tesla at the North American International Auto Show. The new American car company is at the show for the first time to tout its Tesla Roadster, a 100% electric sports car.

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Change We Can Believe In - Matt Miller

http://www.americanprogress.org/events/2009/01/tyrannyca.html Matt Miller, host of KCRW's "Left, Right & Center" and a senior fellow at the Center for American Progress, discusses his provocative new book, The Tyranny of Dead Ideas, in which he lays bare the greatest threat to our economic future: the things we think we know ?but don't with New York Times columnist David Brooks. America is at a crossroads. In the face of global competition and rapid technological change, our economy is about to face its most severe test in nearly a century - one that will make the recent turmoil in the financial system look like a modest setback by comparison. Yet our leaders have failed to prepare us for what lies ahead because they are in the grip of a set of "dead ideas" about how a modern economy should work. They wrongly believe that: * Our kids will earn more than we do * Free trade is always good, no matter who gets hurt * Employers should be responsible for health coverage * Taxes hurt the economy * Schools are a local matter * Money follows merit These ways of thinking?ubious at best and often dead wrong?re on a collision course with economic developments that are irreversible. In The Tyranny of Dead Ideas, Matt Miller offers a unique blend of insights from history, psychology, and economics to illuminate where today's destructive conventional wisdom came from and how it holds our country back. He also introduces us to a new way of thinking - what he calls "tomorrow's destined ideas" - that can reinvigorate our economy, our politics, and our day-to-day lives. These destined ideas may seem counterintuitive now, but they will coalesce in the coming years in ways that will transform American capitalism and democracy for the 21st century.

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New CEO at Yahoo

Carol Bartz, formerly the chief of software company Autodesk, assumes the challenge of charting a new course for the embattled Internet search firm. Kelsey Hubbard talks with Scott Kessler, equity analyst at Standard and Poor's, about what's next for the company.

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Roland Burris Set to Take Oath of Office

Roland Burris is fielding congratulatory calls from all over after the Senate agreed to allow him to take President-elect Barack Obama's seat. Burris is also enjoying the perk of inauguration tickets. Video courtesy of Fox News.

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Bush Bestows High Honor on Foreign Allies

Calling them true friends of the United States, outgoing President George W. Bush bestowed the nation's highest civilian award on three of his closest foreign allies. Video courtesy of Reuters.

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Market Lacks Committed Buyers

Ali Velshi of CNN talks with MarketWatch's Jon Friedman about what has gone wrong with the markets and whether they've hit bottom. Velshi, the author of "Gimme My Money Back," focuses on the crisis in confidence. (Jan. 14)

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Missing Pilot Who "Faked Death" Is in Custody

Authorities in northern Florida say they have found an Indiana businessman believed to have tried to fake his own death in a plane crash. 38-year old Marcus Schrenker is alive and in custody. (Jan. 14)

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Viewers Scramble Ahead of DTV Conversion

With the big digital television switch looming on February 17, Americans are flocking to electronics stores before the transition, which could black out millions of Americans who rely on analog TV sets to pick up over-the-air channels. (Jan. 13)

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Clinton Urged to Reveal More on Husband's Donors

Secretary of State nominee Hillary Rodham Clinton intervened at least six times in government issues directly affecting companies and others that later contributed to her husband's foundation, an AP review of her official correspondence found. (Jan. 13)

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Shedding The 'Health Halo'

Registered dietician Keri Glassman explains to Maggie Rodriguez millions of Americans may be gaining weight even if they believe they eat healthily, because of what's known as "the health halo."

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Police- Man Tried to Sell Teen for Cash and Beer

Calif. police have arrested a man for allegedly arranging to sell his daughter into marriage in exchange for $16K, 100 cases of beer and several cases of meat. The man who allegedly bought the girl is in custody on suspicion of statutory rape.

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AP Top Stories

Here's the latest news for Wednesday, January 13: Fla. police say man who allegedly faked his death in custody; Clinton has confirmation hearing; Calif. man accused of trying to sell daughter ; Atlanta students to participate in inaugural balls.

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John Kerry on Geithner's Taxes

On The Today Show, Sen. John Kerry talks about Timothy Geithner's taxes.

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Senator Settles BCS Bet by Singing 'Rocket Man'

Sen. Tom Coburn did his best rendition of 'Rocket Man' before congressional staffers and cameras, making good on a wager he lost to Sen. Bill Nelson when the Fla. Gators defeated the Oklahoma Sooners 24-14 in the BCS title game. (Jan. 14)

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Obama Defends Treasury Choice

President-elect Barack Obama says he expects Timothy Geithner to win Senate confirmation as treasury secretary despite revelations of tax problems. The Senate Finance Committee has scheduled a hearing next Wednesday on the nomination. (Jan. 14)

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Wis. Mayor Accused of Attempted Sexual Assault

Mayor Gary Becker was arrested on tentative charges of attempted second-degree sexual assault of a child, child enticement and possession of child pornography. (Jan. 14)

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Where have all the snowbirds gone?

Real estate agents in Florida say the state is suffering from a decline in seasonal visitors amid the downturn in the American economy.

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Working your way through winter blues

Feeling the winter gloom, but without the means to take a sunny holiday? Why not try light therapy. Putting yourself under a lamp imitating sunlight can help you feel almost as good as lying on a beach -- without the sunburn.

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Boyfriend Arrested in Murders of Mom, 4 Kids

A woman and her four young children were killed in their central Oklahoma apartment, and authorities have arrested the mother's 25-year-old boyfriend. (Jan. 13)

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71-Year-Old Dangles From Flagpole for 20 Minutes

Firefighters have rescued a contractor who fell and was left dangling from a flagpole about 75 feet off the ground. Police say 71-year-old Paul Reed was changing a cable on the 105-foot pole when his rope-and-board seating rig slipped. (Jan. 13)

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Pilot Fakes His Own Death

An Indiana businessman down on his luck attempted to fake his own death by crashing his plane and fleeing the scene. Maggie Rodriguez reports.

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Hamas accepts 'broad outlines' of Gaza truce

Hamas said it does not want changes to the "broad outlines" of an Egyptian-brokered truce plan for Gaza but stopped short of accepting the plan outright. One of the movement's Gaza-based leaders, in Cairo for talks, said that Hamas has "presented to the Egyptian leadership our detailed vision".

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AP Top Stories

Here's the latest news for Wednesday, January 14th: White House speaks out on Bin Laden tape; Missing pilot apparently slashed his own wrist; White police officer arrested for killing unarmed black man; Jennifer Hudson scheduled for Super Bowl show

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EU Considers Lawsuit Over Natural Gas Shortage

The leaders of gas-starved European nations pressed Ukraine and Russia to restore energy supplies immediately and the European Union threatened that they both could be sued for ripping apart the continent's winter heating plans. (Jan. 14)

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Obama- Geithner Situation an 'Embarrassment'

President-elect Barack Obama called disclosures about Treasury choice Timothy Geithner's tax problems an embarrassment Wednesday but said Geithner's 'innocent mistake' shouldn't keep him from confirmation. (Jan. 14)

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Michelle Obama Under the Spotlight

The soon-to-be First Lady has already juggled being a mom and a career-woman, now she'll try to add an even tougher job while not losing sight of her other roles. (Jan. 14)

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Agent- Pilot Mutters 'Die' As Run From Law Ends

An investment manager who apparently staged a plane crash to evade personal and financial ruin was barely conscious and muttered the word 'die' when federal agents found him bleeding from a slashed wrist. (Jan. 14)

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Raw Video- Madoff Arrives at NYC Courthouse

Besieged money manager Bernard Madoff arrived at a Manhattan courthouse Wednesday afternoon, where prosecutors are making another move to have him jailed. (Jan. 14)

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Guerilla Attack From Lebanese Soil Into Israel

Lebanese troops found and dismantled several rockets positioned to hit Israel after militants fired three earlier Wednesday. It may be a sign that Lebanon's government is determined to avoid being drawn into war with the Israelis. (Jan. 14)

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Raw Video- Blagojevich Presides Over Ill. Senate

Impeached Illinois Gov. Rod Blagojevich presided over the swearing in of a new Senate that will decide in a matter of weeks whether to throw him out of office. (Jan. 14)

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Raw Video- Bin Laden Urges Jihad Against Israel

Al-Qaida chief Osama bin Laden urged Muslims to launch a jihad against Israel and condemned Arab governments as allies of the Jewish state in a new message aimed at harnessing anger in the Mideast over the Gaza offensive. (Jan. 14)

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Wisc. Lawmaker Arrested for Drunk Driving

A Wisconsin lawmaker was formally charged Tuesday with third-offense drunken driving. Rep. Jeffrey Wood was arrested back in December after being pulled over on Interstate 90 in Wisconsin. (Jan. 14)

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Blowing Snow, Frigid Temperatures Pound Nation

Arctic air extended its grip Wednesday with below-zero temperatures stretching from Montana to northern New England and frost nipping the Gulf Coast. (Jan. 14)

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First Person- Israeli Pilot Talks Gaza Conflict

As the 18th day of Israel's punishing offensive in Gaza drew to a close on Tuesday, Israeli helicopter pilot Captain Orr said he was sorry for civilian casualties. (Jan. 14)

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Camera Captures Store Clerk Shooting

Surveillance video shows a store owner in Waco, Texas, dodging bullets and getting hit in the arm while trying to defend his business from would-be robbers. (Jan. 14)

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NJ Church Shooting Suspect Attempts Suicide

Authorities in New Jersey say a man charged with killing his estranged wife and another person in a church service shooting has attempted to commit suicide in jail by overdosing on drugs. (Jan. 14)

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Raw Video- Ex-Transit Cop in Court

A white former transit police officer accused of killing an unarmed black man on an Oakland train platform waived extradition during a brief court appearance Wednesday in Nevada. (Jan. 14)

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West Bank raises funds for Gaza support

Palestinians in the West Bank are doing what they can to help people in Gaza by donating clothes and food for those who now have lost everything.

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Gaza situation 'dramatic'- Red Cross chief

International Red Cross chief Jakob Kellenberger has described the situation in the Gaza Strip as "dramatic", following a visit to the war zone.

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Finding The Right Guy

Patti Stanger, author of "Become Your Own Matchmaker" and host of "Millionaire Matchmaker" tells Maggie Rodriguez what women should to attract the right man.

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Organizing From A To Z

A to Z Storage Solutions author Donna Smallin tells Julie Chen how to organize using simple to maintain items for everything from jewelry to extension cords.

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Kevin James- Mall Cop

King Of Queens star Kevin James makes the leap to the big screen in a new film, "Mall Cop" and talks to Harry Smith about his role.

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Latest Humanoid Robot

Waseda University in Tokyo unveiled its updated humanoid robot, named Twendy-One, showcasing the robot's ability to pick up even the most difficult of objects.

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UFO blamed for windfarm damage

Townspeople in northeast England have blamed a UFO for damaging their windfarm.

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Spotlight On Dalmatian Pups

It's a special delivery for the record books. A Dalmatian named Buttons gave birth to a litter of 18 puppies in Britain. And, as Charlie D'Agata reports, Buttons' family is used to the spotlight.

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Katie's Inauguration Webcast

Katie Couric invites you to take part in the CBSNews.com inauguration webcast and to submit your political questions to the CBS News team.

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Notebook- Distracted Drivers

The National Safety Council warns that phoning while driving quadruples your risk of an accident. Katie Couric comments on whether cell phone use should be illegal on the road.

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Big Bailout Brings Concerns

As President-elect Obama tries to persuade Congress to release the second half of the bailout funds, some politicians are questioning where the money will actually go. Sharyl Attkisson reports.

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Rare Kangaroo Twins Born

CBS News RAW: A Mastiche's tree kangaroo named Milla has given brith to the first recorded set of twins for her species at a children's zoo in Lincoln, Neb.

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Inaugural Poet's History

Poet Elizabeth Alexander will read a poem for the President-elect Barack Obama's historic inauguration. Byron Pitts reports on how Alexander's past has led her to this day.

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Secret Smuggling In Gaza

Although Israeli troops have surrounded Gaza on three sides, arms and explosives are still being snuck into Gaza through elaborate tunnels connected to Egypt. Richard Roth reports from Israel.

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Eye To Eye- Inaugural Poet

CBS News RAW: Poet Elizabeth Alexander talks about the significance of President-elect Barack Obama's inauguration and staying calm while preparing a poem to commemorate the day. Byron Pitts reports.

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Consumer Fraud In Health Care?

New York AG Andrew Cuomo announced a $50 million settlement involving a major health insurance company and a firm that sets "out of network" costs for insurees. Randall Pinkston reports.

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Frigid Temps Freeze U.S.

A blast of cold air from Canada has descended upon many portions of the U.S., as some sections of the U.S. have recently witnessed temperatures as low as 40 degrees below zero. Dave Price reports.

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War In Gaza, Day 18

Nearly 1,000 Palestinians and over a dozen Israelis have been killed in the ensuing fighting throughout portions of the Gaza Strip. Katie Couric updates on the recent developments in the region.

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Stalking Common In U.S.?

An estimated 3.4 million Americans say they have been stalked. About 130,000 victims said stalking-related problems caused trouble for them at work, even leading to job loss. Sandra Hughes reports.

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Cabinet Confirmation Hearings

During Sen. Clinton's confirmation hearing for the position of Secretary of State, questions were raised over a potential conflict of interest regarding the Clinton Foundation. Chip Reid reports.

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Detroit auto show focuses on going green

With sales tanking and General Motors and Chrysler struggling for their very survival, the Detroit auto show opened Sunday as a subdued and tense affair as automakers launch new models to compete for an ever-dwindling number of customers.

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Ban renews call for immediate Gaza ceasefire

UN Secretary General Ban Ki-moon on Wednesday renewed his call for an "immediate and durable ceasefire" in the Gaza Strip, after meeting Egyptian President Hosni Mubarak in Cairo.

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Freezing Winds Slam Midwest

The Midwest was hit hard by below zero temperatures and freezing winds that can cause Hypothermia in a matter of minutes. Dave Price reports.

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How To Deal With Stalkers

Michele Archer from Safe Horizons, a stalking survivor, outlines steps to be protected from a stalker with Julie Chen.

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Fugitive Pilot Captured

Todd Rokita, Indiana Secretary of State and a swindled investor talk to Maggie Rodriguez about the captured pilot who tried to fake his death following the investigation into his investment business.

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Europe's 'stereotype' sculpture

A Czech sculptor, David Cerny, and other Czech artists have created a work for EU headquarters that draws on the stereotypes of different European countries. Cerny says that "grotesque exaggeration and mystification is a hallmark of Czech culture." In the work Romania is depicted with Dracula's castle, France with a "Strike" sign, and Bulgaria dominated by a "Turkish" squat toilet.

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Is TARP Corporate Welfare?

Fox News' Glenn Beck says TARP wastes taxpayers' money, telling Harry Smith that it amounts to corporate welfare under a different name.

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D.C. Ready For Crowds?

More than 2 million will travel to Washington D.C. next week for Barack Obama's historic inauguration. As WUSA-TV's Bruce Leshan reports, the city is preparing for gridlock.

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Bin Laden Taunts U.S.

A unconfirmed Osama bin Laden message claims U.S. tyranny against Islam is wavering, prompting Israeli attack in Gaza, reports Richard Roth.

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India's poorest shudder in winter cold

Much of northern India is struggling as winter well and truly sets in. Thousands of New Delhi's homeless have to fight to stay alive as temperatures plummet.

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Kenyan journalists fear new media law

Journalists fear for freedom of the press in Kenya since President Mwai Kibaki signed a controversial media law imposing new restrictions.

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