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Oil drops largest percentage in 7 years on crude build 3:22pm EST

NEW YORK (Reuters) - Oil prices slid 12 percent on Wednesday, the largest percentage drop in seven years, after a U.S. government report showed crude inventories rose much more than expected in the world's top energy consumer.  Full Article

 
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Stocks in biggest fall in a month on jobs and tech 5:08pm EST 

NEW YORK (Reuters) - Stocks suffered their worst decline in more than a month on Wednesday after a grim private-sector jobs report coupled with a revenue warning from top chip maker Intel Corp revived deep concerns about the economy.  Full Article 

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Lenovo sees quarterly loss, to trim staff 7:11pm EST 

HONG KONG (Reuters) - Lenovo Group , the world's no. 4 personal computer vendor, said on Thursday it was likely to incur a material loss for the three months ended in December 2008 and would cut staff by about 11 percent to reduce costs.  Full Article 

Learning the lessons of corruption

Daniel Kaufmann of the Brookings institution in Washington discusses the Madoff fraud and larger issues of corruption and regulation with Reuters Jen Rogers.   Play Video